Cotton decreased 2.70 USd/Lbs or 3.95% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cotton - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Global price of Cotton (PCOTTINDUSDM) from Jan 1990 to Feb 2025 about cotton, World, and price.

In the fourth quarter of 2023, the price of cotton in the United States reached 4070 USD/MT by December. Similarly, in China, the cotton prices hit 2065 USD/MT in the same month. Germany also saw cotton prices reaching 2635 USD/MT during Q4 2023.

In the 2020 calendar year, the global average price of cotton - from a selection of the principal upland cottons - stood at 64.3 U.S. cents per pound. The global price of cotton was at its peak in the 2011 crop year, with an average price of 136 cents per pound.

Cotton in the U.S.
The average farm price in the United States received by cotton growers, has been growing in the past few years. The United States is the leading global cotton exporter, and is among the leading cotton producers worldwide after India and China. As of 2017/2018, the United States produced about 17 percent of cotton globally.

Cottonseeds market
Worldwide cottonseed production amounted to about 43.5 million metric tons in 2018/2019, decreasing from around 45 million metric tons in the previous year. In that year, India and China were by far the main cottonseed producers worldwide, followed by Pakistan and Brazil.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Raw Cotton (WPU0151) from Jan 1971 to Feb 2025 about cotton, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.

United States Inflation Nowcast: Contribution: Commodity Prices: Cotton Futures: ICE: Settlement Price: 1st Month data was reported at 0.107 % in 03 Mar 2025. This stayed constant from the previous number of 0.107 % for 24 Feb 2025. United States Inflation Nowcast: Contribution: Commodity Prices: Cotton Futures: ICE: Settlement Price: 1st Month data is updated weekly, averaging 0.004 % from Jun 2020 (Median) to 03 Mar 2025, with 249 observations. The data reached an all-time high of 39.476 % in 18 Nov 2024 and a record low of 0.000 % in 03 Feb 2025. United States Inflation Nowcast: Contribution: Commodity Prices: Cotton Futures: ICE: Settlement Price: 1st Month data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Inflation: Headline.

The Wholesale Price Index of cotton yarn across India during financial year 2024 was around 130. The price index value increased by about 24 percent from the base financial year of 2012. An overall increase in the index value was seen over the years from financial year 2013 in the south Asian country.

The Australian cotton table linen market expanded sharply to $4.6M in 2024, increasing by 9% against the previous year. Over the period under review, consumption, however, showed a abrupt contraction. Over the period under review, the market hit record highs at $28M in 2017; however, from 2018 to 2024, consumption failed to regain momentum.

The global cotton lint market rose rapidly to $206.7B in 2024, with an increase of 6.6% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Global consumption peaked at $219.5B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

Graph and download economic data for Producer Price Index by Commodity: Textile Products and Apparel: Finished Cotton Broadwoven Fabrics (WPU034201) from Dec 1975 to Jan 2025 about cotton, finished, textiles, apparel, commodities, PPI, inflation, price index, indexes, price, and USA.

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Cotton Market Size 2025-2029

The cotton market size is forecast to increase by USD 8.69 billion at a CAGR of 3.2% between 2024 and 2029.

The market is a significant contributor to the global economy, providing livelihoods for millions and supporting economic growth. Being the most commonly used natural fiber in textile production along with eco fiber, it accounts for one-third of all fibers produced worldwide. Cottonseed oil is among the diverse products derived from cotton, impacting export volumes and market trends. However, the industry faces challenges, including the adoption of new technologies by companies to enhance productivity and sustainability, as well as the overconsumption of water due to poor management and water pollution. These issues can negatively impact the market's growth and sustainability.
Moreover, the increasing demand for organic and sustainably produced cotton is a key trend driving market growth. Companies are responding by investing in sustainable farming practices and developing innovative technologies to reduce water usage and improve water management. Moreover, the rising popularity of Sleepwear and Loungewear, especially made from organic cotton, is further contributing to the market's expansion as consumers seek eco-friendly and comfortable clothing options. Overall, the market's future growth depends on the industry's ability to address these challenges and capitalize on emerging trends.

What will be the Size of the Cotton Market During the Forecast Period?

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The market encompasses Over-the-Counter (OTC) trading of cotton futures and options-based solutions, providing risk management tools for global textile mills and apparel manufacturing markets. Price volatility is a significant challenge In the market, impacting margins and long-term profitability. Our consulting and advisory services offer a strategic edge, enabling clients to navigate this complex market. Global cotton production and consumption are key drivers, with export demand for cotton fibers, yarn, and textile products influencing export volume in metric tons. 



Traditional diapers and garments are significant end-use industries, with apparel manufacturing markets showing consistent growth. Cotton fibers are a crucial raw material for the textile industry, making effective risk management essential for maintaining a competitive edge. Our team of experts stays updated on the latest market trends and developments to provide valuable insights and solutions.

How is this Cotton Industry segmented and which is the largest segment?

The cotton industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Cotton fiber
  Cotton seed oil
  Cotton seed


Distribution Channel

  Offline
  Online


Geography

  APAC

    China
    India


  Middle East and Africa



  North America

    Canada
    US


  South America



  Europe

    Germany
    UK
    France

By Application Insights

The cotton fiber segment is estimated to witness significant growth during the forecast period.

Cotton, a natural fiber grown in tropical and subtropical regions, is a significant component of the global textile industry. India is the leading producer of cotton, catering to one-third of the world's fiber production. The textile mills and apparel manufacturing sector's expansion fuels the cotton industry's growth. Consumer preferences influence market trends, driving demand for cotton. Despite being an export crop, major processing occurs in countries like China and India. The market experiences fluctuations due to various factors, necessitating strategic planning, and flexibility for stakeholders.

Furthermore, over-the-counter (OTC) trading platforms offer an alternative for managing market risks. Professional consulting and advisory services can provide century-long expertise, helping businesses navigate this market's complexities and secure consistent margins.

Get a glance at the Cotton Industry report of share of various segments. Request Free Sample

The cotton fiber segment was valued at USD 37.14 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 87% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific (APAC) region is the largest producer of cotton globally, with China being the foremost player. While a significant portion of cotton production in APAC is consumed domestically, Western countries primarily

United States - Producer Price Index by Commodity: Textile Products and Apparel: Finished Cotton Broadwoven Fabrics was 178.71900 Index 1982=100 in January of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Textile Products and Apparel: Finished Cotton Broadwoven Fabrics reached a record high of 178.72800 in December of 2021 and a record low of 68.20000 in December of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Textile Products and Apparel: Finished Cotton Broadwoven Fabrics - last updated from the United States Federal Reserve on March of 2025.

Nigeria Commodity Price: Cotton data was reported at 1.830 USD/kg in Jun 2024. This records a decrease from the previous number of 1.910 USD/kg for May 2024. Nigeria Commodity Price: Cotton data is updated monthly, averaging 1.950 USD/kg from Jan 2010 (Median) to Jun 2024, with 174 observations. The data reached an all-time high of 5.060 USD/kg in Mar 2011 and a record low of 1.400 USD/kg in Apr 2020. Nigeria Commodity Price: Cotton data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P001: Commodity Prices.

Graph and download economic data for Producer Price Index by Commodity: Textile Products and Apparel: Spun Cotton Yarns (WPS032601) from Jan 1984 to Feb 2025 about yarn, cotton, textiles, apparel, commodities, PPI, inflation, price index, indexes, price, and USA.

China Settlement Price: ZCE: Cotton Yarn: 1st Month data was reported at 23,940.000 RMB/Ton in 17 Dec 2018. This records a decrease from the previous number of 24,100.000 RMB/Ton for 14 Dec 2018. China Settlement Price: ZCE: Cotton Yarn: 1st Month data is updated daily, averaging 23,260.000 RMB/Ton from Aug 2017 (Median) to 17 Dec 2018, with 325 observations. The data reached an all-time high of 28,415.000 RMB/Ton in 22 May 2018 and a record low of 21,660.000 RMB/Ton in 03 Apr 2018. China Settlement Price: ZCE: Cotton Yarn: 1st Month data remains active status in CEIC and is reported by Zhengzhou Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Zhengzhou Commodity Exchange: Commodity Futures: Settlement Price: Daily.

In value terms, cotton yarn exports amounted to $1.5B in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +3.3% over t...

The Report Covers Cotton Market Demand Forecast Segmented by Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Report Offers the Market Size and Forecasts in Terms of Volume in Metric Tons and Value in USD for all the Above Segments.

United States - Producer Price Index by Commodity: Textile Products and Apparel: Greige Manmade, Silk, and Other Natural Fiber (Excluding Cotton/Wool) Broadwoven Fabrics was 159.92800 Index 1982=100 in March of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Textile Products and Apparel: Greige Manmade, Silk, and Other Natural Fiber (Excluding Cotton/Wool) Broadwoven Fabrics reached a record high of 159.92800 in March of 2022 and a record low of 68.40000 in August of 1977. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Textile Products and Apparel: Greige Manmade, Silk, and Other Natural Fiber (Excluding Cotton/Wool) Broadwoven Fabrics - last updated from the United States Federal Reserve on March of 2025.

In 2024, the UK cotton table linen market increased by 19% to $110M, rising for the third year in a row after three years of decline. In general, consumption, however, showed a perceptible decrease. Over the period under review, the market attained the maximum level at $200M in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

United States - Producer Price Index by Commodity: Textile Products and Apparel: Spun Cotton Yarns was 150.26700 Index 1982=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Textile Products and Apparel: Spun Cotton Yarns reached a record high of 192.35100 in July of 2022 and a record low of 39.80000 in May of 1949. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Textile Products and Apparel: Spun Cotton Yarns - last updated from the United States Federal Reserve on March of 2025.