Regions Covered
China
USA
The global cotton consumption is estimated to register a CAGR of 2.0%, during the period 2018-2023. However, world production is expected to grow at a slower pace than consumption during this period due to falling price trend in the international market. Global cotton exports were worth USD 52.77 billion in the year 2016, which was a decline of 6.4% from the year 2015. China is the largest exporter of cotton in the world and it exported USD 14.96 billion worth of cotton in the year 2016. Some of the significant cotton producing countries are China, India, Pakistan, and USA.
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