Xinjiang Cotton: China Itself Is Not Enough
As the world's largest cotton consumer and the second largest cotton producer, China's cotton output in 2020 / 2021 is about 5.95 million tons, the total demand is about 7.8 million tons, and the annual gap is about 1.85 million tons. Among them, Xinjiang's cotton output is 5.2 million tons, accounting for about 87% of domestic production and 67% of domestic consumption.
Xinjiang long staple cotton is the top in the world. It is warm, breathable and comfortable. It is in short supply for many years. In order to meet domestic demand, China needs to import about 2 million tons of cotton every year. In recent years, China has actively expanded import channels to ensure the stability of the domestic cotton supply chain. China has also established a cotton reserve system to ensure the safety of cotton farmers.
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