[pageLogInLogOut]

#Raw Materials

Tariffs to escalate, production to outpace consumption

In the 2024/25 season, estimates show that production should reach 25.9 million tonnes, 7.38% higher than in 2023/24. Consumption is expected to increase but by a smaller percentage (2.27%), reaching 25.5 million tonnes. Given escalating tariffs, regulatory pressures, and fiber market competition, consumption is expected to remain under pressure.
© 2025 ICAC
© 2025 ICAC


World trade is estimated to be about 9.9 million tonnes, which is very close to the previous season’s levels. The cotton lint trade is under slight pressure due to tariff escalations between China and USA, with both being leaders and close bilateral trade partners in cotton. Any changes in trade policies between those two countries would have ripple effects all over the global cotton trade.

In 2018 and 2019, during the trade tension phase between US and China, China had diverted its trade basket away from the USA and towards Brazil and Australia for its cotton import needs; those countries are expected to gain the most if tariff escalations between US and China continue in 2025. In the 2024/25 season, the USA has supplied comparatively more cotton to Pakistan and Vietnam than China.

Please note that the cotton balance sheets have been moved to the ICAC Data Dashboard. This ensures that the season balance sheets are always up-to-date and available whenever you need them. This also helps to reduce errors because the data is compiled directly from our database. They are included in this PDF report, but we strongly encourage users to obtain all data from the Dashboard.

Dr Matthew Looney has resigned as Data Scientist at the ICAC. The new author of Cotton This Month is Parkhi Vats, ICAC Economic Affairs Officer. You can email her with comments and questions by clicking here.

https://www.icac.org/

The next Cotton This Month will be released on May 1, 2025.




More News from International Cotton Advisory Committee (ICAC)

#Raw Materials

World Cotton Day 2026 to bring global cotton and textile community to Tashkent on October 7

The Government of Uzbekistan and the International Cotton Advisory Committee (ICAC) will host the official World Cotton Day 2026 Partners Conference at the Hyatt Regency in Tashkent, Uzbekistan, on October 7.

#Natural Fibers

2026 ICAC report projects World cotton trade to reach 10.3 million tonnes by 2028/29

The International Cotton Advisory Committee has released the 2026 World Cotton Trade Report, which provides analysis of global cotton trade patterns, key trading relationships, import and export trends, and the geopolitical and policy developments shaping cotton trade flows.

#Natural Fibers

"Review" examines the outlooks for seven major cotton producers

The newest issue of Cotton: Review of the World Situation provides an in-depth look at how seven important cotton-producing countries are responding to changing markets, rising production costs, climate pressures, evolving technologies, and growing demands for quality and sustainability.

#Natural Fibers

Global cotton trade poised for recovery as India and China drive import demand

The July 2026 issue of Cotton This Month highlights a changing global cotton market, with consumption and trade expected to strengthen despite a modest decline in production during the 2026/27 season. The next issue of Cotton This Month will be released on August 1, 2026.

More News on Raw Materials

#Raw Materials

Cotton Brazil Dialogues field trip brings international stakeholders closer to Brazil’s cotton production chain

How do you build trust across the global textile value chain? By opening the farm gates. This is the principle behind the Cotton Brazil Dialogues. At the end of July, the programme welcomed its first group of international participants for a five-day immersion into Brazilian cotton production, combining field visits with technical workshops to showcase the quality, sustainability, innovation and traceability behind one of the world’s leading cotton origins.

#Raw Materials

Kimberly-Clark develops alternative natural fiber platform for hygiene products

Kimberly-Clark has introduced a proprietary innovation program aimed at developing alternative natural fibers for future hygiene products. The company has created a patented materials platform based on fibers derived from hesperaloe, a drought-tolerant succulent native to the southwestern United States.

#Recycling / Circular Economy

Indorama Ventures advances circularity tthrough PETValue Philippines' “Zero Waste to Landfill Partnership” with Republic Cement

Indorama Ventures Public Company Limited, a global sustainable chemical company, is advancing the circular economy through a new Zero Waste to Landfill initiative at its recycling site PETValue Philippines, further demonstrating how collaboration across industries can maximize resource efficiency and reduce waste.

#Natural Fibers

Better Cotton Initiative multistakeholder event in US unpacks regenerative agriculture potential

The Better Cotton Initiative (BCI), in collaboration with Texas-based partner, Quarterway Cotton Growers, will expand upon its annual US field event to relay the vast potential of regenerative agriculture through an immersive experience of tours and demonstrations.

Latest News

#Functional Fabrics

PERFORMANCE DAYS announces new focus topic & forums for October 2026

With its upcoming October 13–14, 2026 edition, PERFORMANCE DAYS is placing the spotlight on one of the textile industry’s most important transformations: “Bio-Based Materials – From Fiber to Fabric”, a two-part Focus Topic exploring the future of bio-based innovation across the textile value chain. Part 1, presented in October 2026, will focus on fibers and next-generation material developments, while Part 2 at the March 2027 edition will shift the perspective toward dyeing, finishing, additives, and processing technologies.

#Nonwoven machines

MENANG rapidly resumes production with new ANDRITZ airlay line after major fire

MENANG, a Malaysian manufacturer of nonwoven automotive components, has resumed production after a major fire severely damaged its airlay line in mid-March 2026. A new airlay line supplied by ANDRITZ enabled production to restart within only four months.

#Exhibitions & Events

Febratex 2026 to be the largest edition of the leading textile trade fair in the Americas with 10 exhibition halls

Febratex 2026 will be the largest edition in the history of the leading textile trade fair in the Americas. Dedicated to the textile and apparel manufacturing industries, the event will take place from August 18–21, 2026, in Blumenau, Santa Catarina, Brazil, with a strong focus on technology, sustainability, and business generation.

#ITMA Asia + CITME 2026

ITMA ASIA + CITME 2026 Shanghai showcases intelligent and sustainable manufacturing

From 20 to 24 November 2026, the textile machinery industry will gather in Shanghai for ITMA ASIA + CITME 2026, Asia’s leading business platform for textile machinery, to be held at the National Exhibition and Convention Center (Shanghai). The exhibition will occupy seven halls, with a total gross exhibition area of about 180,000 square metres. The exhibition has expanded by 10% over the last edition which reflects the continued industry interest in the region.

TOP