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  2. The USDA forecasts global cotton production to rise 4.7 percent in 2021/22, with China and India as the top producers. U.S. cotton production is expected to rebound to 17.5 million bales, based on higher harvested area and lower abandonment.

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  3. www.ers.usda.gov › data-products › chart-galleryUSDA ERS - Chart Detail

    Oct 5, 2023 · U.S. cotton exports accounted for one third of the global market’s value in 2021. The United States is the global leader in cotton exports by value, holding a 33-percent share ($5.7 billion) of the global export market in 2021.

  4. The United States remains a major cotton producer for the international market, ranking third after China and India and the top cotton exporting country in North America, accounting for 11.4% of global cotton exports in 2021.

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    In 2021, the value of U.S. cotton exports declined 4 percent year-over-year, but the quantity fell by more than 20 percent. During the second half of 2021, strong unit values helped offset weak shipments, but shipments to China were down 70 percent year-over-year as State Reserve imports of U.S. cotton halted. Also, exports to Vietnam were down by ...

    A much smaller 2020 U.S. crop reduced exportable supplies in 2021 while production by major competitors remained stable.
    A large rally in prices during the second half of the year was somewhat spurred by purchases from the PRC’s State Reserve.

    For 2022, U.S. cotton exports are likely to increase on both a volume and value basis. Higher global trade is expected, and a larger U.S. crop is expected to support larger shipments. Cotton prices, which are at a 10-year high, are expected to boost export values above the 2021 level. China’s imports are expected to remain stable. Competition for m...

  5. The presentation reviews the global cotton situation in 2020/21 and provides outlooks for 2021/22. It shows the changes in production, consumption, trade, prices and stocks for major cotton-producing countries, including the U.S., China, India and Pakistan.

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  6. www.usda.gov › 2022AOF-cotton-outlookCotton Outlook - USDA

    World Cotton Production, 2021/22 . Global 2021/22 cotton production is up 7.5 percent from the previous year to 120.2 million bales, as most major producing countries witnessed increases, excluding China and India. The United States saw a 20.6 percent increase with significantly higher area harvested, especially in Texas. U.S. 2021/22 area ...

  7. The USDA forecasts that India will account for 24 percent of the world cotton production in 2021/22, followed by China, the United States, and Brazil. The report also covers the domestic and global outlook for cotton and wool, including prices, trade, and stocks.

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