Africa Cotton Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 6.06 Billion |
| Market Size (2029) | USD 7.70 Billion |
| CAGR (2024 - 2029) | 4.91 % |
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Africa Cotton Market Analysis
The Africa Cotton Market size is estimated at USD 6.06 billion in 2024, and is expected to reach USD 7.70 billion by 2029, growing at a CAGR of 4.91% during the forecast period (2024-2029).
- Cotton is almost entirely cultivated by smallholder farmers in Africa, with very few major plantations. Cotton is frequently farmed as a supplemental commercial crop alongside staples grown for subsistence. However, only in a few places in Africa is the genetically modified cotton crop permitted to grow. Smallholder farmers exclusively plant genetically modified cotton in South Africa, Sudan, and Burkina Faso in Sub-Saharan Africa. African cotton farmed by smallholder farmers is primarily hand-picked, ensuring its high quality.
- Benin, Mali, Burkina Faso, and Ivory Coast are the highest cotton-producing countries in Africa and account for about 50% of the region's produce. Major importers of African cotton are Bangladesh, Vietnam, China, and Malaysia. Cotton grows well in a warm and moist climate where summer is long and where there is salinity in the soil. This makes Sub-Saharan Africa one of the largest cotton producers worldwide.
- Cotton in Africa has generally grown alternately with other crops, such as the basic food crops maize, soy, or groundnuts, which reduces soil leaching and pests. One of the principal organizations offering global cotton production standards is the Better Cotton Initiative (BCI). BCI is bringing an integrated approach to tackling the vulnerabilities of the complex supply chain to ensure the industry's sustainability in the region.
Africa Cotton Market Trends
This section covers the major market trends shaping the Africa Cotton Market according to our research experts:
Increasing Demand for African Cotton in Textile Industry
- There are agreements between Sub-Saharan Africa and the United States that benefit the African textile sector. The African Growth and Opportunity Act (AGOA) focuses on growing commerce in Sub-Saharan Africa and includes 34 African countries, such as Namibia and Rwanda. This statute makes African products more appealing and accessible by allowing them to be included in duty-free shops worldwide, thereby expanding the market for cotton.
- Companies such as H&M have established mills in Africa because the wages are lower and the population can support the workers required. They also make thread and yarn for global markets from cotton grown and harvested in Africa.
- The textile industry's increasing utilization of natural fibers, such as cotton, is driving the export of cotton from African countries. Also, cotton is one of the top 5 export commodities for a few countries, such as Mali and Burkina Faso. Burkina Faso is the largest exporter of Africa, which exported USD 459.3 million value of cotton in 2021.
- Most of the cotton and cotton fabric was destined for Asian countries like Bangladesh, India, Malaysia, Vietnam, and China. Cotton is the most popular type of fabric used due to its versatility in these countries. It is lightweight, comfortable to wear, affordable, and one of the best to wear in the hot and humid climate of the Indian Sub-continent.
Western Africa Dominates the Production in the Region
- Western Africa (WA) comprises twelve cotton-producing countries: Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Côte d'Ivoire, Ghana, Mali, Niger, Nigeria, Senegal, and Togo. The Foreign Agricultural Service of the USDA reported that of the twelve nations, Mali and Burkina Faso are the largest producers and are forecast to have record crops amid expanding areas.
- Mali recorded its highest-ever cotton production of more than 750,000 Metric tons for the 2021-2022 season. Western Africa accounts for more than three-fourths of Africa's cotton exports. Nearly all West African cotton is exported, as mills are relatively sparse within the region, signifying the pivotal role that foreign demand plays for West African producers. It is due to the robust growth in consumption in the South and Southeast Asian regions that they are the major importers of West African cotton.
- Cotton production is usually practiced through a chemically intensive production system that harms human and environmental health. In Western Africa, initiatives are being taken to increase organic cotton production that offers a safer and more profitable alternative, with up to two to three times more profit and safe, biological forms of pest control and soil fertilization. This is expected to increase the demand for Western African cotton in the forecast period.
Africa Cotton Market News
- October 2022: The Cotton made in Africa (CmiA) program run by the Aid by Trade Foundation received official recognition by the German Green Button standard as a sustainable natural fiber,' and was confirmed as an accredited source of raw materials by Cradle to Cradle Certified. It is likely to further boost CmiA uptake volumes through demand from existing and new program partners and apparel brands and retailers.
- January 2022: The Polish clothing company LPP has partnered with Cotton made in Africa (CmiA). Under this agreement, LPP has contracted the purchase of cotton, which will comply with the CmiA standard, the quantity of which will allow for the production of as many as 60 million products with a composition of 95 to 100 percent share of this raw material.
- April 2021: France pledged to invest in boosting sustainable cotton in Ivory Coast. France's development agency will invest 68.5 million euros (USD 83.04 million) over the next five years to boost cotton production in Ivory Coast. These funds will target 120,000 cotton farmers in the country's northern region and increase revenue in the cotton sector.
Africa Cotton Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
5. MARKET SEGMENTATION
5.1 Geography (Production Analysis by Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
5.1.1 Benin
5.1.2 Mali
5.1.3 Burkina Faso
5.1.4 Ivory Coast
5.1.5 Cameroon
5.1.6 Nigeria
5.1.7 Tanzania
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
Africa Cotton Industry Segmentation
Cotton is a crop that is majorly used in textile industries. Cotton is a shrubby plant that is a member of the Mallow family. The cream-colored fluffy fibers that form around tiny cottonseeds. are called bolls. The small, sticky seeds must be separated from the wool to process the cotton for spinning and weaving.
The African cotton market is segmented by Geography (Benin, Mali, Burkina Faso, Ivory Coast, Cameroon, Nigeria, and Tanzania). The report includes production (volume), consumption (volume and value), import (volume and value), export (volume and value), and price trend analysis.
The report offers the market size and forecasts in terms of volume in metric tons and value in USD thousand for all the above segments.
| Geography (Production Analysis by Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) | |
| Benin | |
| Mali | |
| Burkina Faso | |
| Ivory Coast | |
| Cameroon | |
| Nigeria | |
| Tanzania |
Africa Cotton Market Research FAQs
How big is the Africa Cotton Market?
The Africa Cotton Market size is expected to reach USD 6.06 billion in 2024 and grow at a CAGR of 4.91% to reach USD 7.70 billion by 2029.
What is the current Africa Cotton Market size?
In 2024, the Africa Cotton Market size is expected to reach USD 6.06 billion.
What years does this Africa Cotton Market cover, and what was the market size in 2023?
In 2023, the Africa Cotton Market size was estimated at USD 5.78 billion. The report covers the Africa Cotton Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Africa Cotton Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Cotton in Africa Industry Report
Statistics for the 2024 Cotton in Africa market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cotton in Africa analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
