WASHINGTON – Global production is forecast to decline in 2026/27 as rising input costs, drought and competition from man-made fibres weigh on the sector. This is according to the International Cotton Advisory Committee (ICAC).
ICAC said world cotton area is projected to fall by 1 per cent to 30.1 million hectares, while production is expected to decline by 2 per cent to 25.7 million tonnes. Global cotton trade is also forecast to drop by 1.4 per cent to around 9.5 million tonnes.
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