Washington, DC (BBN) – Global cotton production is projected to decline by 4.0 per cent to 24.8 million tonnes in the 2026/27 season, while consumption is expected to remain broadly stable at 25.0 million tonnes, according to the March 2026 edition of Cotton This Month.
The anticipated drop in output reflects lower cotton prices, shifting planting intentions in major producing countries, and weaker demand — particularly from China. With production currently exceeding consumption in 2025/26, the projected decline next season is expected to bring global supply and demand closer to equilibrium.
China is set to retain its position as the world’s largest producer and consumer of cotton, although its usage is forecast to ease slightly as manmade fibres continue to gain market share.
India, Brazil and the United States will remain pivotal suppliers to the global market, while Bangladesh and Vietnam are expected to sustain strong import demand.
World cotton lint trade is forecast at 9.6 million tonnes in 2026/27. Brazil is projected to remain the leading exporter, followed by the United States.
Meanwhile, evolving trade policy developments — including new US tariff measures and updated trade agreements involving Bangladesh, India and the European Union — are adding fresh uncertainty to the global cotton outlook. The ultimate impact will depend on how these measures are implemented and how markets respond.
BBN/SSR/AD