India: Market for Cotton (Carded Or Combed) 2025

Market Size for Cotton (Carded Or Combed) in India

In 2022, the Indian cotton (carded or combed) market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Cotton (Carded Or Combed) in India

In value terms, cotton (carded or combed) production shrank to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2013 with an increase of 17%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Cotton (Carded Or Combed)

Exports from India

After ten years of growth, overseas shipments of cotton (carded or combed) decreased by -21.3% to X tons in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 430% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell dramatically in the following year.

In value terms, cotton (carded or combed) exports amounted to $X in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 263%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Vietnam (X tons) was the main destination for cotton (carded or combed) exports from India, with a 53% share of total exports. Moreover, cotton (carded or combed) exports to Vietnam exceeded the volume sent to the second major destination, China (X tons), threefold. Belgium (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam totaled +145.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+50.1% per year) and Belgium (+44.3% per year).

In value terms, Vietnam ($X) remains the key foreign market for cotton (carded or combed) exports from India, comprising 46% of total exports. The second position in the ranking was taken by China ($X), with a 22% share of total exports. It was followed by Belgium, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam stood at +158.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+45.6% per year) and Belgium (+44.2% per year).

Export Prices by Country

The average cotton (carded or combed) export price stood at $X per ton in 2022, growing by 27% against the previous year. In general, the export price, however, continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2013 an increase of 32%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton (Carded Or Combed)

Imports into India

Cotton (carded or combed) imports into India reached X tons in 2022, stabilizing at 2021 figures. Overall, imports showed a noticeable increase. The pace of growth appeared the most rapid in 2016 when imports increased by 1,397%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, cotton (carded or combed) imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate noticeable growth. The pace of growth appeared the most rapid in 2016 when imports increased by 270% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of cotton (carded or combed) to India, with a 86% share of total imports. Moreover, cotton (carded or combed) imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+120.0% per year) and Turkey (-32.8% per year).

In value terms, the United States ($X) constituted the largest supplier of cotton (carded or combed) to India, comprising 90% of total imports. The second position in the ranking was held by Japan ($X), with a 6.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+149.4% per year) and Turkey (-20.7% per year).

Import Prices by Country

The average cotton (carded or combed) import price stood at $X per ton in 2022, rising by 45% against the previous year. Overall, the import price enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2018 an increase of 281% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+44.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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