Core Insights - The report by Zhiyan Consulting outlines the competitive landscape and future prospects of the cotton industry in China from 2026 to 2032 [1] Import Data - In November 2025, China's cotton imports reached 120,000 tons, representing a year-on-year increase of 9.4% [1] - The import value for the same period was 20.5 million USD, which is a year-on-year growth of 1.8% [1] Company Profile - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research, business plans, feasibility studies, and customized services [1] - The company has over a decade of experience in the industry research field, providing comprehensive industry solutions to empower investment decisions [1]

Core Viewpoint - In November 2025, China's cotton imports experienced the first year-on-year growth of the year, with expectations for continued strong purchasing activity in December, potentially reaching 150,000 tons [1][5]. Group 1: Import Data - In November 2025, China's cotton import volume was 118,700 tons, representing a month-on-month increase of 33.37% and a year-on-year increase of 9.78% [1]. - From January to November 2025, the cumulative cotton import volume was 887,800 tons, showing a year-on-year decrease of 64.10% [1]. - The significant increase in imports is attributed to improved trade conditions and heightened confidence among cotton enterprises [1]. Group 2: Source of Imports - November marked a peak period for the arrival of new season Brazilian cotton, with imports reaching 67,800 tons, a month-on-month increase of 218.33%, accounting for 57.07% of total imports [3]. - The second and third largest sources of cotton imports were Australia and Kazakhstan, with import shares of 32.38% and 5.20%, respectively [3]. - U.S. cotton imports accounted for only 1.12% of the total, ranking fourth [3]. Group 3: Market Dynamics - The increase in foreign cotton arrivals coincided with the domestic new season cotton entering the market, leading to a rise in available supply [3]. - However, limited downstream demand and restricted cotton import quotas for textile enterprises resulted in lower actual outflow from ports, causing net inventories to rise [3]. - As of December 23, 2025, foreign cotton inventory at major domestic ports was 347,000 tons, an increase of 189,000 tons since early November [3]. Group 4: Future Outlook - In December, the price gap between domestic and foreign cotton is expected to widen, enhancing the cost-effectiveness of foreign cotton [5]. - The upcoming arrival of U.S. cotton is anticipated to further boost import enthusiasm among cotton traders, with December import volumes projected to be around 150,000 tons [5].

Group 1 - In November, the reduction of tariffs between China and the U.S. has led to increased enthusiasm for importing foreign cotton, alongside the arrival of the new season Brazilian cotton, resulting in a month-on-month increase in cotton imports [3][12] - In November 2025, China's cotton import volume reached 118,700 tons, a month-on-month increase of 33.37% and a year-on-year increase of 9.78%. Cumulatively, from January to November 2025, imports totaled 887,800 tons, a year-on-year decrease of 64.10% [3][12] - The opening of the new season Brazilian cotton import window has significantly increased the volume of Brazilian cotton imports, which reached 67,800 tons in November, a month-on-month increase of 218.33%, accounting for 57.07% of total imports for the month [5][14] Group 2 - The inventory of imported cotton at major ports has increased, with a total of 347,000 tons as of December 23, reflecting an increase of 189,000 tons since early November [7][16] - The price difference between domestic and foreign cotton has widened in December, enhancing the cost-effectiveness of foreign cotton, which is expected to further boost import volumes, projected to reach around 150,000 tons [9][18]

Core Insights - The report by Zhiyan Consulting highlights the competitive landscape and future prospects of the cotton industry in China from 2025 to 2031 [1] Import Data Summary - In October 2025, China's cotton imports amounted to 90,000 tons, representing a year-on-year decrease of 15.6% [1] - The import value for the same period was $15.8 million, which reflects a year-on-year decline of 21% [1] Company Profile - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [1] - The company has over a decade of experience in the industry research field, providing comprehensive industry solutions to empower investment decisions [1]

Core Insights - In July 2025, China's cotton imports increased month-on-month but decreased year-on-year, indicating a shift in demand dynamics due to domestic inventory changes [1] - The demand for high-quality cotton has risen, particularly for Australian cotton, as domestic supplies tighten [1] Import Data Summary - China's cotton import volume in July 2025 was 53,100 tons, representing a month-on-month increase of 93.48% but a year-on-year decrease of 73.34% [1] - The ongoing reduction in domestic cotton inventory has led to an increased reliance on imports to meet supply needs [1] Trade Method Analysis - The proportion of cotton imports through processing trade methods continued to decline in July, marking the lowest share, while general trade methods saw an increase [1] - This trend is attributed to regulatory changes announced by customs authorities in May 2025, affecting the management of special customs supervision areas [1] Future Projections - In late August 2025, a quota of 200,000 tons for cotton imports under sliding tax processing trade will be issued, but the limited quota and specific requirements may restrict the ability of textile enterprises to utilize it effectively [1]

Core Viewpoint - The report by Zhiyan Consulting highlights a significant decline in China's cotton imports, indicating a challenging market environment for the cotton industry in the coming years [1]. Group 1: Import Data - In June 2025, China's cotton import volume was 30,000 tons, representing a year-on-year decrease of 82.1% [1]. - The import value for the same period was 5.5 million USD, which is a year-on-year decline of 83.1% [1]. Group 2: Industry Insights - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research and providing comprehensive consulting services [1]. - The firm has over a decade of experience in the industry research field, focusing on delivering tailored solutions to empower investment decisions [1].