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Global cotton yarn exports increasing from 2017
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Global cotton yarn exports increasing from 2017

Views:1     Author:Site Editor     Publish Time: 2019-10-30      Origin:Site

After registering a decline from 2013 to 2016, the global cotton yarn trade has been growing with a high CAGR (compound annual growth rate) from 2017 onwards. In terms of value, the global cotton yarn export was $10.818 billion in 2016, which increased to $12.105 billion in 2018 with a growth rate of 11.90 per cent, according to data from TexPro.

Pic: Shutterstock

The overall cotton yarn export moved up by 6.98 per cent in 2018 over the previous year, according to Fibre2Fashion's market analysis tool TexPro. It is anticipated to reach $14.328 billion in 2021 with a CAGR of 5.78 per cent from 2018.


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