USDA – Cotton: World Markets and Trade, Mar 2025

The main topic of the report is the analysis of world cotton markets and trade.

Key findings include a 10% increase in U.S. cotton imports in 2024 to 3.3 million metric tons, despite remaining below the 20-year average. The import growth is driven by increased consumer demand and retail restocking. The U.S. saw a real GDP growth of 2.8% in 2024, partly due to increased consumer spending. In the European Union, the second-largest importer of cotton products, imports also rose by 10% in 2024 despite weak economic growth.