What is the price of cotton per kilogram/pound in Australia today?
The retail price range for Australia cotton is between US$ 4.03 and US$ 8.65 per kilogram or between US$ 1.83 and US$ 3.92 per pound(lb). Click here to see today's exact prices of cotton in Australia
The retail price range in Australian Dollar for cotton is between AUD 6.06 and AUD 13.01 per kilogram or between AUD 2.75 and AUD 5.90 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia cotton is between US$ 2.82 and US$ 6.05 per kilogram or between US$ 1.28 and US$ 2.75 per pound(lb).
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Australia Cotton Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cotton from Australia over the last five years has seen a general downward trend. In 2017, the price was $1.82, and in 2018 it rose slightly to $2.01. However, in 2019 and 2020, the price dropped to $2.00 and $1.82 respectively. In 2021, the price increased to $1.95, and in 2022 it rose to $2.48. Based on this trend, it is likely that the export price per kilogram of Cotton from Australia in 2023 will be around $2.30, and in 2024 it will be around $2.15.The Australia cotton exports are categorised as:
- Cotton linters (HS code 140420)
- Cotton, carded or combed (HS code 520300)
- Cotton, neither carded nor combed (HS code 520100)
- Garnetted stock of cotton (HS code 520291)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
Australia Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of cotton into Australia over the last five years has been relatively stable. In 2017, the price was $1.82, followed by $2.01 in 2018, $2.00 in 2019, $1.82 in 2020 and $1.95 in 2021. This indicates that the price has been fluctuating between $1.82 and $2.01 over the last five years. Looking ahead, we can predict that the import price per kilogram of cotton into Australia in 2023 will be around $2.48 and in 2024 will be around $2.01.Export values for Australia cotton
The total values in export for cotton in Australia were US$ 1,176,459, US$ 1,582,389, US$ 1,810,708 and US$ 1,101,043 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Australia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cotton in other countries across Oceania: Fiji cotton, French Polynesia cotton, Guam cotton, Micronesia cotton, New Caledonia cotton, Papua New Guinea cotton, Samoa cotton, Solomon Islands cotton, Tonga cotton & Vanuatu cotton.
Australia cotton - Production, Exports, Imports, Seasons and HS Codes
The volume of cotton shipped by Australia in 2020 was 171,153 tonnes. In 2019 Australia sold 550,729 tonnes of cotton. For the year 2019 alone, the demand for Australia cotton (processed category) has gone down, flactuating by -38.789 pc compared to the year 2018. Between 2017 and 2019, cotton's exports went down by -36.75 pc netting the country US$1,101.04m for the year 2019. Australia's cotton exports are categorised as:
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton, carded or combed (HS code 520300)
- Cotton linters (HS code 140420)
- Garnetted stock of cotton (HS code 520291)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton yarn waste, incl. thread waste (HS code 520210)
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Australia cotton export values
In 2019, Australia shipped cotton costing 1,101.04m USD, a contraction of -39.19% from 2018's total cotton export of 1810.708m USD. The yearly change in value of Australia cotton between 2017 to 2018 was 14.429 percent.
The annual/yearly change in the quantity of Australia's cotton exports between 2017 and 2019 was -36.75 percent when compared to a variation of -38.789% in the growth rate between 2018 and 2019.
Australia's portion of the world's total cotton's exports in 2019 was less than 1%. The country is ranked position 16 in world exports of cotton.
Export markets for Australia cotton ( in '000$ )
Australia's best performing export markets for cotton are Bangladesh, Pakistan, Turkey, South Korea and Djibouti.
Import/Export Trends
Australia is a net exporter of cotton. The annual growth of Australia cotton in value between 2015 to 2019 was 157%, per annum, while annual growth in quantity during the same period was %, per annum.
Australia imported 70 tonnes of cotton in 2019.