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Cotton Farming in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Cotton Farming Market Research Report | NAICS 11192 | Dec 2013

Spinning cotton: Increasing global competition and diminishing assistance will oscillate revenue

IBISWorld’s Cotton Farming market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 08-13
3.0%
Annual Growth 13-18
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Profit
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Employment
23,525
Businesses
7,819
Industry Analysis & Industry Trends

Cotton farmers have withstood extreme volatility over the five years to 2013, especially as a result of world cotton shortages, which prompted US growers to increase exports. However, most recently, deteriorating revenue has been a result of plummeting world cotton prices, the receding level of industry assistance programs and record-high stockpiles. Unsurprisingly, the next five years, from 2013-2018, are anticipated to exhibit much of the same volatility and uncertainty for cotton farmers... purchase to read more

Industry Report - Industry Analysis Chapter

The Cotton Farming industry is largely export-oriented, earning at least half its revenue from international trade with heavy importers such as China. As a result, its performance is sensitive to domestic and global factors, including weather conditions, policy changes and demand shifts. Luckily, cotton farmers have withstood extreme volatility over the five years to 2013, with revenue skyrocketing an estimated 56.1% in 2010 and then dropping nearly 29.7% in 2012. The most recent surge stemmed from world cotton shortages that prompted US growers to increase exports by 67.2% in 2010. Due to volatile year-on-year growth rates during the past five years, revenue has grown at an average annual rate of 3.0% to $7.0 billion, through 2013... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cotton Farming Industry?

Farms in this industry primarily grow cotton, which is typically used in textile manufacturing, while the plant’s cottonseed is exploited for its oil and used in some livestock feeds. Moreover, at least half of all cotton produced domestically is exported to overseas textile producers.

Industry Products
Upland cotton lintAmerican PimaCottonseed
 
Industry Activities
Cotton farmingCottonseed production


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