China: Cotton and Products Update

  |   Attaché Report (GAIN)   |   CH2022-0129

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China: Cotton and Products Update

Estimated cotton imports for marketing year (MY) 22/23 are reduced to 1.4 million metric tons (MMT) on high carry-in stocks, higher domestic production, weak consumption, and uncertainty concerning the issuance of additional import quota. Consumption is reduced to 7.7 MMT in both MY 21/22 and MY 22/23 on restrictive zero-COVID polices and slower economic growth that has resulted in lower demand for textile and apparel products.

East Asia and the Pacific, China
Cotton and Hemp, Cotton

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