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Cotton is the most commonly used natural fiber worldwide, and as such is an important component of the textile industry. Cotton is grown in the tropics and is seasonally dry in the northern and southern hemispheres, although most of the world's production occurs north of the equator. The main producing countries are India, China, the United States, Brazil and Pakistan. Together, these countries account for more than three-quarters of global production. The outlook for global cotton use depends on developing and emerging economies.

According to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity, cotton has dropped 14.20 USd/Lbs, or 17.54%, since the start of 2024. In March 2011, Cotton hit a record-breaking high of 227.00.

China is expected to remain the top raw cotton importer over the next decade, followed by Vietnam and Bangladesh. By 2030, imports in China are expected to grow by 17%, and in Bangladesh and Vietnam by 41%. The United States will remain the world's largest exporter during the outlook period. Its exports have stabilized in recent years, recovering from lows in 2016, and the US share of world trade is projected to be 33% by 2030, compared with 36% during the baseline period. department. Brazilian exports are expected to grow strongly over the next decade as Brazil establishes its position as the second largest exporter by 2030, further increasing its share in the global market. India will continue to be the third largest exporter with shipments expected to reach 1.5 million tonnes by 2030, 70% more than the base period.