#Raw Materials

2025-04-01

Tariffs to escalate, production to outpace consumption

In the 2024/25 season, estimates show that production should reach 25.9 million tonnes, 7.38% higher than in 2023/24. Consumption is expected to increase but by a smaller percentage (2.27%), reaching 25.5 million tonnes. Given escalating tariffs, regulatory pressures, and fiber market competition, consumption is expected to remain under pressure.

World trade is estimated to be about 9.9 million tonnes, which is very close to the previous season’s levels. The cotton lint trade is under slight pressure due to tariff escalations between China and USA, with both being leaders and close bilateral trade partners in cotton. Any changes in trade policies between those two countries would have ripple effects all over the global cotton trade.

In 2018 and 2019, during the trade tension phase between US and China, China had diverted its trade basket away from the USA and towards Brazil and Australia for its cotton import needs; those countries are expected to gain the most if tariff escalations between US and China continue in 2025. In the 2024/25 season, the USA has supplied comparatively more cotton to Pakistan and Vietnam than China.

Please note that the cotton balance sheets have been moved to the ICAC Data Dashboard. This ensures that the season balance sheets are always up-to-date and available whenever you need them. This also helps to reduce errors because the data is compiled directly from our database. They are included in this PDF report, but we strongly encourage users to obtain all data from the Dashboard.

Dr Matthew Looney has resigned as Data Scientist at the ICAC. The new author of Cotton This Month is Parkhi Vats, ICAC Economic Affairs Officer. You can email her with comments and questions by clicking here.

https://www.icac.org/

The next Cotton This Month will be released on May 1, 2025.

ICAC to support European Commission on pending PEF legislation

The International Cotton Advisory Committee (ICAC) is proud to announce that it has been included as a member of the European Commission’s Technical Advisory Board (TAB) on the Product Environmental Footprint methodology. The Commission developed the Product Environmental Footprint (PEF) to assess and communicate the life cycle environmental performance of products and organizations.

ICAC to collaborate with Uzbekistan and Bizpando on regenerative agriculture

The Government of Uzbekistan has allocated 55,000 hectares of land to implement a regenerative agriculture program for cotton as part of a collaborative project with the International Cotton Advisory Committee (ICAC) and Bizpando, a company with a a blockchain-based internet platform designed to ensure supply chain compliance.

A Powerful Opening: Global thought leaders launch the International Cotton Conference Bremen

The International Cotton Conference Bremen will open on 25 March 2026 in the Parliament building of the Free Hanseatic City of Bremen with a keynote session of exceptional calibre. Distinguished international experts will set the stage for the conference by offering incisive perspectives on the most pressing challenges and the defining trends shaping the future of the global cotton trade. Their insights will span a broad spectrum — from geopolitically driven disruptions affecting global supply chains to the opportunities emerging from innovation-led agriculture capable of supporting a growing world population. Together, these opening keynotes will frame the dialogue of the conference, highlighting both the complexity of today’s market environment and the pathways toward a resilient and forward-looking cotton sector.

Lenzing Group positions bio‑based materials as a strategic asset for Europe’s economic security

The Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, hosted a high‑level roundtable in Brussels to discuss how bio‑based materials can strengthen Europe’s economic security and support the shift toward a fossil‑free future. Organized in cooperation with Euractiv, the event brought together representatives of the European Commission, the UK Mission to the EU, academia, civil society, and industry.

Beyond Cotton: Natural Fibres in the Spotlight at the Bremen Cotton Conference - Branded by DNFI

Climate targets, fragile supply chains, and rising regulatory requirements are fundamentally changing the perspective of the textile industry - the focus is increasingly shifting toward the base material. Not only cotton, but natural fibres are gaining significant importance: they stand out not only because of their outstanding functional properties, but also because they make a valuable contribution to the bioeconomy and responsible product development.

International Women’s Day: Cotton made in Africa strengthens equality for women through targeted investments

On the occasion of International Women’s Day—which will be observed on 8 March under the motto “Rights. Justice. Action. For ALL Women and Girls”—the Aid by Trade Foundation (AbTF), which is responsible for Cotton made in Africa® (CmiA), underlines its long-standing and ongoing commitment to the equality of women in African cotton production areas.

YKK launches “YZiP® Light” aluminum alloy zipper for cotton pants

YKK Corporation (Headquarters: Chiyoda-ku, Tokyo; President: Koichi Matsushima; hereafter, YKK) has launched YZiP® Light, a lightweight aluminum alloy zipper for cotton pants, with sales beginning in late March. The introduction of YZiP® Light expands YKK’s zipper portfolio—led by the flagship YZiP® copper alloy zipper—providing customers with greater flexibility to meet diverse garment needs.

Shima Seiki showcases WHOLEGARMENT® and 3D knitting solutions for technical textiles at Techtextil 2026

Leading textile technology solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, along with its Italian subsidiary SHIMA SEIKI ITALIA S.p.A., will be participating in the Techtextil 2026 exhibition in Frankfurt, Germany next month. On display will be WHOLEGARMENT® and other advanced three-dimensional knitting applications across a wide range of industries besides fashion apparel that are not typically associated with knitting, such as technical textiles using industrial materials and advanced three-dimensional knitting.

Textilfabrik 7.0 launched: Mönchengladbach becomes a real-world lab for sustainable textile production

With the official kick-off event of the Textilfabrik 7.0 (T7), a major transformation project for the German textile and apparel industry has been launched in the Monforts Quarter in Mönchengladbach. At the “Textile Roundtable,” an event format organized by the Zukunftsagentur Rheinisches Revier, representatives from industry, research, politics, and the regional economy came together to jointly lay the foundation for CO₂-neutral, circular, and economically viable textile production in Germany.