Not carded or combed cotton market in Argentina

Earlier Report Observations

The market for not carded or combed cotton in Argentina expanded from 978 000 t in 2018 to 1 408 000 t in 2022, driven by continuous yield improvements and enhanced cotton quality that boosted production volumes.

Global demand for sustainable and traceable cotton, reinforced by corporate social responsibility policies and certifications like the Better Cotton Initiative, created new export niches and encouraged higher output. A decline in exports in 2019, attributed to competition with imported cotton and low international prices, increased domestic supply and supported market growth.

High inflation raised production costs, affecting sector competitiveness, while a shift in cultivation area to more profitable crops limited raw material availability. The sector's processing capacity, with 120 ginning plants able to handle approximately 1.8 million t, helped maintain local processing efficiency.

Production not carded or combed cotton in Argentina

In kind, 2017-2020, K t

From 2017 to 2020, Argentina ranked as the world's 11th largest producer of not carded or combed cotton.

Top producers of not carded or combed cotton, 2017-2020

World map of production of not carded or combed cotton, 2017-2020

Argentina's production of not carded or combed cotton grew for the third year in a row. In 2020, the country produced 1 413 K t, marking a significant year-over-year increase of 19.7%. Over the period from 2017 to 2020, production rose by 61.3%, which translates to an average annual growth rate of 17.3%.

Annual dynamics of production in Argentina in kind, 2017-2020, K t

In value, 2017-2020, M $ US

The value of Argentina's not carded or combed cotton production fell for the second consecutive year. In 2020, output was valued at 1 374 M $ US, down 11.9% compared to the previous year. However, from 2017 to 2020, production value increased by 6.3%, averaging a 2.1% annual growth rate. The peak value was recorded in 2018 at 1 704 M $ US, with the largest annual increase also occurring that year at 31.8%.

Annual dynamics of production in Argentina in value, 2017-2020, M $ US

Exports not carded or combed cotton from Argentina

Exports in kind, K t

The data shows irregular changes, pointing to a volatile market environment. Exports hit their lowest point in 2017 and reached their highest in 2020, with a 3.5-fold difference between these years. In 2020, Argentina exported 116.9 K t of not carded or combed cotton, a 27.5% increase from the previous year. The largest decline occurred in 2019 at 12.6%, while the biggest jump was in 2018 with a 217.7% rise.

Annual dynamics of product's exports from Argentina in kind, 2017-2020, K t

From 2017 to 2020, Pakistan, Indonesia, and Vietnam were the key destinations for Argentina's exports in kind, accounting for 71.8% of total flows. Pakistan led with 32.5%, followed by Indonesia at 21.5%, and Vietnam at 17.8%.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Argentina in kind, 2017-2020

Exports in value, M $ US

Market performance showed noticeable fluctuations during this period. The minimum value was recorded in 2017, and the maximum in 2018, with a 3.4-fold variation between them. In 2020, Argentina exported 113.7 M $ US of not carded or combed cotton, down 6.2% from the previous year. The peak value was in 2018 at 165.4 M $ US, with the largest decline in 2019 at 26.8% and the largest increase in 2018 at 239.8%.

Annual dynamics of product's exports from Argentina in value, 2017-2020, M $ US

Between 2017 and 2020, Pakistan, Indonesia, and Vietnam were the main markets for Argentina's exports in value terms, together making up 70.3% of total flows. Pakistan accounted for 29.8%, Indonesia for 22.5%, and Vietnam for 18.0%.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Argentina in value, 2017-2020

Imports not carded or combed cotton to Argentina

Imports in kind, K t

The market displayed an unstable trend over this timeframe. Imports were at their lowest in 2019 and peaked in 2018, with a 2 159-fold gap between these years. In 2019, Argentina imported 0.0 K t of not carded or combed cotton, a 100.0% drop year-over-year. The maximum volume was recorded in 2018 at 3.0 K t, with the largest increase that year at 2.7%.

Annual dynamics of product's imports to Argentina in kind, 2017-2020, K t

From 2017 to 2020, Brazil dominated Argentina's imports in kind, holding a 93.8% share of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Argentina in kind, 2017-2020

Imports in value, M $ US

The market exhibited volatility during the observed period. Imports bottomed out in 2019 and peaked in 2018, differing by a factor of 1 345. In 2019, Argentina's imports of not carded or combed cotton amounted to 0.0 M $ US, a sharp decline of 99.9% compared to the previous year. The highest value was in 2018 at 5.6 M $ US, with the largest increase that year at 11.4%.

Annual dynamics of product's imports to Argentina in value, 2017-2020, M $ US

Throughout 2017 to 2020, Brazil was nearly the exclusive supplier of not carded or combed cotton to Argentina, accounting for 93.3% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Argentina in value, 2017-2020