Indonesia: Cotton and Products Annual
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Declining cases of COVID-19 globally and domestically are expected to increase overall demand for textile and textile products. Therefore, following an 8.2 percent decline in 2020/21, cotton imports are expected rebound by 12.7 percent to 2.6 million bales in 2021/22. However, higher cotton prices and production costs as well as ongoing supply chain challenges may dampen cotton import growth. Cotton imports in 2022/23 are forecast to increase less sharply by 3.8 percent to 2.7 million bales.