In the 2025–2026 season, it is expected that global cotton production will reach about 25.9 million tonnes, which will be marginally more than the expected consumption level of 25.6 million tonnes. The International Cotton Advisory Committee (ICAC) has released new forecasts that indicate the cotton trade will stay steady at 9.7 million tonnes.
With 38% of the world’s total cotton cultivation area, India is expected to continue to hold its position as the largest nation. China, which accounts for 24% of global cotton production, is predicted to remain the leading producer in the meantime. With an anticipated consumption of 8.2 million tonnes, or 32% of the world’s total, China will continue to be the biggest consumer of cotton.
With 19% of the world’s cotton import market, Bangladesh is expected to continue to be a major importer. Brazil is expected to maintain its position as the world’s largest exporter of cotton, accounting for 32% of global shipments.
A price range of 57 to 94 cents per pound, with a midpoint estimate of 73 cents per pound, is suggested by the Secretariat for the forthcoming season. According to ICAC economist Lorena Ruiz, these estimates are based on current supply and demand analyses.
With preliminary updates already released for India, South Africa, Argentina, and Australia, the Cotton This Month (CTM) report’s August 2025 edition also highlights the ICAC’s continuous effort to increase data accuracy across all reported regions and nations.