Indian cotton is the most expensive in the world market, cotton imports will increase
2025-04-19 12:57:33
India's Costly Cotton Spurs Rise in Imports
Yes, the price of Indian cotton is relatively high in the world market, and hence India has had to increase the import of cotton. Cotton imports have increased significantly in the last few months.
Description: High prices: Since the prices of Indian cotton are higher than other countries in the global market, India has to import cotton at a higher price.
Increase in imports : India's cotton imports have increased rapidly recently. For example, imports reached $184.64 million in January 2025, up from $19.62 million in January 2024.
Reduction in production: Cotton production in India is likely to decline, due to which imports are increasing.
Domestic use: Cotton consumption is high in India and due to low production, imports have to be increased to meet the demand for domestic consumption.
Global Market:
In the global market, the cotton market was valued at US$41.78 billion in 2024, and is projected to reach US$42.92 billion in 2025.
Example: India's cotton imports reached $104 million in August 2024 and further increased to $184.64 million in January 2025.
India's cotton imports are projected to reach 2.5 million bales in the marketing year 2024-25, up from 1.75 million bales last year.
Conclusion: India has been forced to increase cotton imports due to the high price of Indian cotton in the world market and low domestic production.
India's cotton imports rise March 10, 2025 — India's cotton imports have risen significantly in recent months, reaching $104 million in August 2024 and rising to $184.64 million in January 2025...
Cotton production at 15-year low, know what is its price. .. October 23, 2024 — Changes in imports and exports India's cotton imports are expected to rise to 2.5 million bales in the marketing year 2024-25 from 1.75 million bales in the previous year.
