Cotton: carded or combed

In 2024, cotton: carded or combed trade exhibited significant decline, with global flows reaching $230,880,101 and a three-year compound annual growth rate of -7.0% (five-year: -11.2%). The all-time peak of $615,593,435 was recorded in 2012; the current level is 62% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (-2.2% acceleration).

The World Trade Flows Characterization classifies cotton: carded or combed as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.105). The three largest exporters — Mali ($212.9M), India ($65.0M), and Burkina Faso ($29.5M) — collectively dominate supply flows. The leading exporter has grown at +19.5% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.174). The three largest import markets are Vietnam ($88.0M), Pakistan ($31.2M), and France ($12.6M). The largest importing market sources from 22 different supplying countries.

Estimated substitution elasticity: -7.16. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is India → Vietnam at $47.2M, representing 53.6% of the importer's total demand.

The volatility score for cotton: carded or combed is 35 out of 100, classified as low. Trade flows are moderately variable, typical for goods with seasonal or cyclical demand patterns.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.