What is the price of cotton per kilogram/pound in US today?
The retail price range for US cotton is between US$ 3.82 and US$ 6.68 per kilogram or between US$ 1.73 and US$ 3.03 per pound(lb). Click here to see today's exact prices of cotton in US
The retail price range in Euro for cotton is between EUR 3.50 and EUR 6.13 per kilogram or between EUR 1.59 and EUR 2.78 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US cotton is between US$ 2.67 and US$ 4.68 per kilogram or between US$ 1.21 and US$ 2.12 per pound(lb).
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US Cotton Export Prices - Historical, Trends and Prediction
The export price of cotton per kilogram from the US over the last five years has seen a steady decline. In 2016, the price was $1.60, and in 2021, it was $1.91. The lowest price was in 2015, when it was $1.62. The highest price was in 2022, when it was $2.61. Overall, the trend has been a downward one, with the average price for the last five years being $1.90. Based on this trend, it is likely that the export price of cotton per kilogram from the US in 2023 and 2024 will be around $1.80 and $1.70 respectively.The exports of cotton from US are classified as:
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Garnetted stock of cotton (HS code 520291)
- Cotton, carded or combed (HS code 520300)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton linters (HS code 140420)
US Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of cotton into the US over the last five years has been relatively stable. In 2017, the price was $1.78, followed by $1.83 in 2018, $1.72 in 2019, $1.56 in 2020, and $1.91 in 2021. This indicates a slight increase in the price of cotton over the last five years. However, the price of cotton in 2022 was significantly higher at $2.61. This could be an indication of a trend towards higher prices in the future. If this trend continues, we can expect the price of cotton to be around $2.75 in 2023 and $2.90 in 2024.Export values for US cotton
The total values in export for cotton in US were US$ 4,031,502, US$ 5,903,792, US$ 6,626,143 and US$ 6,220,945 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cotton in other countries across North America: Canada cotton, US cotton, Anguilla cotton, Antigua and Barbuda cotton, Bermuda cotton, Bonaire, Sint Eustatius and Saba cotton, St.Pierre and Miquelon cotton, United States Minor Outlying Islands cotton, Cayman Islands cotton & Greenland cotton.
US cotton - Production, Exports, Imports, Seasons and HS Codes
The volume of cotton exported by US in 2020 was 3,862,414 tonnes. In 2019 US sold 3,604,716 tonnes of cotton. For 2019 alone, the market for US cotton (processed category) has reduced, flactuating by -0.50603773 per cent compared to the year 2018. Between 2017 and 2019, cotton's exports went up by 8.97 pc bringing the country US$6,220.94m for the year 2019. US' cotton exports are classified as:
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Garnetted stock of cotton (HS code 520291)
- Cotton, carded or combed (HS code 520300)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton linters (HS code 140420)
- Cotton yarn waste, incl. thread waste (HS code 520210)
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US cotton export values
In 2019, US exported cotton worth 6,220.94m USD, a reduction of -6.12% from 2018's total cotton export of 6626.143m USD. The yearly change in value of US cotton between 2017 to 2018 was 12.235 pc.
The yearly change in the quantity of US' cotton exports between 2017 and 2019 was 8.97 percent when compared to a variation of -0.50603773% in the growth rate between 2018 and 2019.
US' stake of the world's total cotton's exports in 2019 was 24.4%. US is ranked position 2 in world exports of cotton.
Export markets for US cotton ( in '000$ )
US' best performing export markets for cotton are Ethiopia, Vietnam, Honduras, Denmark and United Kingdom (UK).
Import/Export Trends
US is a net exporter of cotton. The annual growth of US cotton in value between 2015 to 2019 was 32%, per annum, while annual growth in quantity through the same period was 31%, per annum.
US ordered 13,774 tonnes of cotton in 2019.