Cotton Growing in China: IBISWorld Forecasts Slow Growth for this Government-Supported Industry

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The Cotton Growing industry in China will develop slowly over the five years through 2016. Industry revenue is forecast to increase at an average annual rate of 1.7%, mainly because the government will increase investment and support for this industry, according to IBISWorld, America’s largest publisher of industry intelligence. The price of cotton is expected to show a general upward trend in the next five years, which will also support revenue growth.

IBISWorld Market Research

IBISWorld Market Research

Revenue from the Cotton Growing industry in China is estimated to total $13.53 billion as of the end of 2011

China is the largest producer of cotton in the world, with an estimated plant area of 59.2 million hectares in 2011. China is also the largest consumer market of cotton in the world, as cotton is one of the main raw materials for many Chinese industries. Development of the Cotton Growing industry in China is also closely related to the lives and incomes of 119.2 million farmers, plus millions of downstream workers across dozens of related industries. Therefore, this industry is well supported by the government.

Revenue from the Cotton Growing industry in China is estimated to total $13.53 billion as of the end of 2011, down 1.4% from 2010, with an average annualized decline of 2.1% from 2006. These industry declines have largely been the result of lower cotton demand and pricing levels.

When prices of cotton lint and seed cotton increase greatly in the domestic market, the government sells strategic cotton reserves and increases cotton import quotas to prevent dramatic changes in cotton lint and seed cotton prices. This contributes to the relative stability of the industry.
Over the five years through 2016, industry revenue is expected to grow at an average annual rate of 1.7% to reach $14.74 billion.

For more information, including profit levels, market shares, product segmentation and more, purchase IBISWorld’s full report on the Cotton Growing industry in China for $825 at ibisworld.com.cn.

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Cotton Growing in China – Key Report Topics
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on 200 Chinese industries. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.cn or call 1-800-330-3772.

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Jordan Ho
IBISWorld
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