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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 2014

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

IBISWorld’s Cotton Farming market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 09-14
5.9%
Annual Growth 14-19
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Profit
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Employment
23,105
Businesses
15,857
Industry Analysis & Industry Trends

The Cotton Farming industry in the United States has experienced extremely volatile operating conditions over the past five years. Due to large-scale fluctuations in demand and prices, industry profit margins have remained volatile. A fall in cotton prices after their artificial inflation in 2010 and 2011 has reduced profit margins markedly. In the coming years, the industry is expected to consolidate. Barring any significant shocks (such as trade bans or floods), industry revenue is expected to slightly decline... 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 large 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 2014, with revenue skyrocketing an estimated 84.8% in 2010 and then dropping 19.9% in 2013. The most recent surge stemmed from world cotton shortages that prompted US growers to increase exports by 66.8% in 2010. Due to volatile year-on-year growth rates during the past five years, revenue has grown at an average annual rate of 5.9% to $6.5 billion, through 2014... 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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