FOR IMMEDIATE RELEASE
Date Posted: September 2, 2025
Washington, DC — Cotton production estimates have decreased significantly since last month, dropping from 25.9 million tonnes to 25.5 million tonnes, while shifts in trade patterns and demands from retailers and brands are making cotton’s origin increasingly important.
The decrease in production is largely coming from three countries: the United States (-400,000 tonnes), Pakistan (-100,000 tonnes), and Sudan (-50,000 tonnes). Water shortages and unusually dry weather are the issues for the US and Pakistan, while Sudan’s crop damage is the result of pest infestations.
Although consumption and trade numbers are largely unchanged from last month, import and export partners are shifting. China accounted for 40% of US cotton exports in 2023/24, but that number has dropped to 8% as the US has increased its trade with Vietnam, Pakistan, Turkey, and India. Those changes — combined with a US executive order that allows products made from US raw materials to be exempted from import tariffs — mean textile manufacturers must provide traceability. Retailers and brands are increasingly demanding traceability as well.
There are two other notable developments since last month:
- India’s levels of cotton lint imports increased by nearly 3.3 times in 2024/25 compared to the prior season.
- Bangladesh and India are expected to increase their US imports.
ICAC Data Rectification Process
The ICAC Secretariat is undertaking data rectification work, during which we will perform data adjustments for all our reported regions and countries. ICAC is the primary source for all of our statistical data. For this month, changes to cotton market variables have been made for Ethiopia from 2014/15 to the present, and the projected season. The data has been updated using information from the Ethiopian Cotton Organization, Ethiopia Revenue and Customs Service, and the Trade Data Monitor.
ICAC’s Statistical Data Portal
For the most current statistics, please refer to the ICAC’s Statistics Portal. It is updated with new data constantly, and that new information is immediately reflected in the Portal, making it a valuable resource all month long.
ICAC’s Price Projections
The Secretariat’s current price forecast for the 2025/26 season, based on current supply and demand estimates, ranges from 60 to 96 cents per pound, with a midpoint of 76 cents per pound. ICAC’s price projections are made by Ms Lorena Ruiz, ICAC Economist.
The author of Cotton This Month is Parkhi Vats, ICAC Economic Affairs Officer. You can email her with comments and questions by clicking here.
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The next Cotton This Month will be released on October 1, 2025.
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About the International Cotton Advisory Committee (ICAC)
Formed in 1939, the ICAC is an association of cotton producing, consuming, trading, and investing countries. It acts as a catalyst for change by helping Member governments maintain a healthy world cotton economy; provides transparency to the world cotton market by serving as a clearinghouse for technical information on cotton production; and serves as a forum for discussing cotton issues of international significance. In addition, Members can take advantage of the ICAC’s global network of cotton researchers, whose expertise covers the supply chain from farm to textile manufacturing, and have free access to its cutting-edge technologies like the voice-based app and virtual reality cotton training program. Committed to ensuring cotton’s continued sustainability, the ICAC is the only intergovernmental commodity body covering cotton that is recognized by the United Nations. For more information, please visit www.icac.org, Twitter or LinkedIn.