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.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Raw Cotton (WPU01510101) from Jan 1947 to Feb 2025 about cotton, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

After stagnating during the pandemic, the textile industry has begun to strongly recover and the demand for cotton has risen. It is expected that cotton consumption in 2021 will grow faster than the supply. This will lead to a reduction in global cotton stocks and higher prices. The issues of sustainability and ethical background become increasingly important in the transformation of cotton supply chains.

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.

This statistic shows the average cotton price per pound as received by U.S. farmers from 2007 to 2024. In the 2023 calendar year, a U.S. cotton farmer received an average price of 79 cents per one pound of upland cotton.

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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.

For more insights on the market share of various regions, Request Free Sample

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

According to Cognitive Market Research, the Cotton Market Size will be USD XX Billion in 2024 and is set to be achieve a market size of USD XX Billion by the end of 2029 growing at a CAGR of XX% from 2024 to 2029.

• The cotton Market will grow significantly by XX% CAGR between 2024 to 2029 • Asia Pacific Region dominated the market and accounted for the highest revenue of XX% in 2023 and it is projected that it will grow at a CAGR of xx% in the future. • The Sustainable and high-quality cotton is in high demand and will go for more years. • Detailed analysis about the Market Drivers, Restraints and Opportunities • The Report consists Size of the Market • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market. Market Dynamics of Cotton

Key Drivers

Rising demand for cotton from multiple end use industries further boosts the growth of the market

The High demand of cotton in developing countries creating a booster plan for cotton industry because due to its high urbanization, Population growth, rising incomes and substantial economic development. The developing countries requires high facilities and infrastructure to maintain its lifestyle according to the current trends in the market and they focus on Garments as well due to increase in their income the demand for cotton will rise and it helps to grow the Cotton Industry as well. The development of hight technological machines which used in Cotton Industry for yarning it and for making it best and thinnest for the cloth would also boost it. The Cotton Market is increasing due to the occurrence of emerging markets in the industry and it would offer more opportunities to the manufacturer or seller to produce or sell the best quality of cotton to the customers because its plays a major role in the upliftment as the manufacturer got more chances to produce best and they are having a chance to grab a space in the market and even they can create a good will in the market. The Seller would also get benefit by offering the best price in the market as there are large number of buyers and will create healthy competition amongst the manufacturers and buyers by offering the best price across the market. The high demand after Covid 19 gets involved in the market because in the pandemic the market got very slow and got declined so there is a force which hit to get back the Cotton Industry in the Market. For instance, The Cotton Market is directly proportional to the other Market which relates to the Apparel, Bag, etc. By having a demand in that particular market this market would automatically get increases.

Increasing VSS Adoption by Cotton Producers significantly drives the market growth

Voluntary Sustainability Standards (VSS) is a private standard which demands products to adhere the various, social, environmental and sustainability targets of the Cotton Market. Due to its high adaption and quality checking criteria manufacturers are adapting this. A new study from the International Institute for Sustainable Development (IISD), exploring voluntary sustainability standards in the South Asian Cotton Sector, have promoted the region’s cotton sector to accelerate its adoption of voluntary sustainability standards (VSS) such as Better Cotton. The report produced as part of IISD’s state sustainability Initiatives operating in the region, including Better Cotton and Fairtrade would help solving issues like water stewardship, pest management, farmer’s income, land size and quality of Soil. These all issues come under Better Cotton Key Impact Areas, along with soil health, land usage and climate change. By getting the exact idea behind this VSS adoption manufacturers are taking steps forward to look into this plan and by this strategy they can get idea about the land, quality of Cotton, Climate effect on Cotton, etc. The VSS adoption would not only boost the Cotton Market but also check and sustain the manufacturer's property for a long duration. The sustainability of market in any region depends on the demand it’s occurred by the quality only and by providing it the manufacturer can gain visible space in the market. The quality of cotton is the enhancing and boosting factor in Cotton Industry due to it&rsq...

This statistic shows the upland spot cotton price per pound in the United States from 1990 to 2018. In calendar year 2017, the average spot price per one pound of upland cotton was about 86.4 U.S. cents.

In June 2022, the cotton lint price per ton stood at $2,761 per ton in June 2022, surging by 1.6% against the previous month.

On this page, you will find the latest market prices for cotton today. Know if there has been a rise in cotton prices in recent days.

According to Cognitive Market Research, the global Cotton Spinning market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.20% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
The Ring Spun held the highest Cotton Spinning market revenue share in 2024

Market Dynamics of Cotton Spinning Market

Key Drivers for Cotton Spinning Market

Growth in Textile & Apparel Industry to Increase the Demand Globally

The fabric and apparel enterprise, being a huge consumer of cotton yarn, is poised for a giant increase. With growing disposable incomes and a burgeoning international populace, the demand for garb is predicted to soar, finally driving the cotton-spinning marketplace. As individuals try to find ways to decorate their wardrobes and fashion alternatives, the need for cotton yarn, a crucial issue in textile manufacturing, will be accentuated. Moreover, evolving fashion trends and elevated awareness concerning sustainable and natural fabric similarly contribute to the developing call for cotton-based total products. This projected boom within the cotton-spinning marketplace displays the dynamic interaction between consumer life, economic factors, and enterprise innovation in the fabric and clothing area.

Natural and Sustainable Material to Propel Market Growth

Cotton stands out as a herbal and renewable fiber, making it particularly appealing to eco-conscious purchasers seeking sustainable materials. As the attention to environmental troubles keeps rising, specifically inside the fashion industry, there's a top-notch shift towards favoring natural fibers like cotton over synthetic alternatives. The inherent biodegradability and renewability of cotton align with the standards of sustainability, addressing concerns about the environmental impact of clothing manufacturing and disposal. This growing preference for herbal and sustainable substances displays a broader societal movement in the direction of accountable intake and environmentally pleasant practices. As a result, cotton remains a distinguished choice for each client and style manufacturer devoted to lowering their ecological footprint and promoting a greater sustainable future for the textile enterprise.

Restraint Factor for the Cotton Spinning Market

Fluctuations in Cotton Prices to Limit the Sales

Fluctuations in raw cotton costs pose a giant task to the profitability and stability of spinning turbines. The inherent volatility in cotton expenses can result from different factors, which include adjustments in climate situations affecting crop yields, shifts in worldwide demand and delivery dynamics, and geopolitical occasions impacting change guidelines. These fluctuations introduce uncertainty into the marketplace, making it difficult for spinning mills to expect and manage production costs successfully. Consequently, spinning generators may face difficulties in maintaining stable pricing structures and profitability, which, in the long run, impacts their viability. To mitigate those demanding situations, spinning turbines often hire danger management strategies, such as hedging or diversification of fiber resources, to limit the effect of cotton price fluctuations on their operations.

Impact of Covid-19 on the Cotton Spinning Market

The COVID-19 pandemic has significantly impacted the cotton-spinning market, disrupting international supply chains and demand dynamics. Lockdown measures and regulations on motion have prompted manufacturing unit closures and reduced purchaser spending, resulting in a decline in call for material products. Mor...

Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices of cotton in Ganganagar district. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of Ganganagar district.

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.

According to Cognitive Market Research, The Global Organic Cotton market will be USD 528 million in 2023 and grow at a compound annual growth rate (CAGR) of 42.00%from 2023 to 2030.

The organic cotton market is rising due to the demand for cotton in various services, such as textiles and consumer goods, which is expected to propel the cotton processing market forward.
Demand for medical products remains higher in the organic cotton market.
The medical-grade organic cotton category held the highest organic cotton market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific organic cotton market will experience the strongest growth until 2030.

Rising Eco-Conscious Consumerism to Provide Viable Market Output

The organic cotton market has significantly shifted consumer attitudes towards sustainable and eco-friendly products. With a growing awareness of environmental issues and the detrimental impact of conventional cotton farming practices, consumers are actively seeking alternatives. Organic cotton, cultivated using methods and materials with a low environmental impact, has emerged as a favored choice.

In August 2022, several notable companies such as Arvind Limited, bonprix, G-Star RAW, Levi Strauss & Co., Norlanka Manufacturing, The Sting Companies, and Yumeko joined the Organic Cotton Accelerator (OCA). Their participation aims to promote the beneficial impact of organic cotton throughout the entire supply chain, from cultivation to fashion, while also benefiting both people and the environment.

Consumers, especially in developed economies, are willing to pay a premium for products made from organic cotton due to their chemical-free cultivation, reduced water usage, and improved soil health. This heightened eco-consciousness is driving manufacturers and retailers to expand their organic cotton offerings, ranging from Apparel to home textiles. The surge in demand is further bolstered by increased advocacy for ethical fashion and transparent supply chains, encouraging businesses to invest in organic cotton production and promote sustainable practices.

Regulatory Support and Certification Programs to Propel Market Growth

Regulatory bodies and the implementation of certification programs support the organic cotton market. Governments and international organizations are increasingly recognizing the importance of sustainable agricultural practices, leading to the introduction of policies that favor organic farming. Incentives, subsidies, and grants are often provided to farmers transitioning from conventional to organic cotton cultivation, making it economically viable. Additionally, certification bodies like the Global Organic Textile Standard (GOTS) and Organic Content Standard (OCS) authenticate the organic status of cotton products, assuring consumers of their authenticity. This certification instills confidence in buyers and facilitates international trade by ensuring compliance with stringent organic standards.

The Increasing need for cotton across industries like textiles and consumer goods is fueling the organic cotton market

Market Dynamics of Organic Cotton

Challenges in Scalability and Supply Chain Integration to Hinder Market Growth

The organic cotton market revolves around scalability and supply chain integration challenges. Unlike conventional cotton farming, organic cotton cultivation methods require more labor and meticulous attention to detail. Transitioning from conventional to organic practices can be a time-consuming and financially intensive process for farmers, which hampers the scalability of organic cotton production. Additionally, integrating organic cotton into existing supply chains can be complex. From sourcing certified organic seeds to ensuring soil health and pest management without chemical interventions, every step requires careful planning and investment. Many small-scale farmers, particularly in developing countries where organic cotton is often grown, lack the resources and technical know-how to make this transition smoothly.

Impact of COVID–19 on the Organic Cotton Market

The COVID-19 pandemic significantly impacted the Organic Cotton Market, reshaping consumer preferences and industry dynamics. As health and environmental consciousness surged during the pandemic, there was a notable uptick in demand for sustainable and organic products, including cotton. Howev...

According to Cognitive Market Research, the global Organic Cotton Fiber market size will be USD 1325.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 40.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 530.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 38.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 397.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 304.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 42.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 66.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 39.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 26.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 40.2% from 2024 to 2031.
The packaging category is the fastest growing segment of the Organic Cotton Fiber industry

Market Dynamics of Organic Cotton Fiber Market

Key Drivers for Organic Cotton Fiber Market

Growing Demand for Sustainable and Eco-Friendly Products to Boost Market Growth

The rising consumer awareness about environmental concerns and sustainability is one of the key drivers for the organic cotton fibre market. With increased awareness about the harmful environmental effects of conventional cotton farming, such as pesticide use, soil degradation, and water consumption, consumers and manufacturers are shifting toward eco-friendly alternatives. Organic cotton farming, which avoids synthetic chemicals and fertilizers, promotes soil health, and conserves water, appeals to environmentally conscious consumers. As sustainability becomes a major factor in purchasing decisions, demand for organic cotton fibres has surged. This shift is evident in the fashion, textile, and home goods industries, where brands are increasingly emphasizing organic and ethically sourced materials to meet consumer preferences. Governments and organizations also support sustainable farming practices through certifications and initiatives, further bolstering market growth for organic cotton fibre.

Health Consciousness and Allergy Prevention to Drive Market Growth

The growing focus on personal health and well-being is another driving factor for the organic cotton fibre market. Organic cotton fibres are free from harmful chemicals, pesticides, and synthetic dyes, making them a safer choice for consumers, especially those with sensitive skin, allergies, or respiratory issues. Many people, especially parents with infants, prefer organic cotton products like clothing, bedding, and diapers to avoid exposure to chemicals found in conventional cotton products. The softness and hypoallergenic properties of organic cotton make it ideal for products that come into direct contact with the skin. As more consumers seek products that align with their health-conscious lifestyles, the demand for organic cotton fibres has increased, making it a preferred material for baby clothes, personal care items, and organic clothing lines. This trend is expected to continue as awareness of skin health grows.

Restraint Factor for the Organic Cotton Fiber Market

High Production Costs will Limit Market Growth

One of the key restraining factors for the organic cotton fibre market is the high cost of production. Organic cotton farming requires more labour-intensive processes, such as manual weeding and pest control, as opposed to conventional cotton farming, which uses chemical pesticides and herbicides. This leads to higher labour and operational costs. Moreover, the yield per acre is often lower for organic cotton, making it less cost-effective. These higher production costs are passed on to consumers, which can make organic cotton products more expensive compared to conventional alternatives. This price sensitivity limits the growth of organic cotton in price-conscious markets despite increasing awareness of its environmental and health benefits.

Impact of Covid-19 on the Organic Cotton Fiber Market

The COVID-19 pandemic had a significant impact on the organic cotton fibre market. Disruptions in global ...

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...

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.