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Australia's average cotton export price falls 29% since 2022

The average export price was $*.** per kg in ****, falling to $*.** per kg in **** and $*.** per kg in ****. During January–July ****, the average price stood at $*.** per kg, according to *fashion.com/market-intelligence/texpro-textile-and-apparel/" target="_blank">sourcing intelligence tool TexPro. The year-on-year decline reflects both reduced global consumption and competitive pricing from other major suppliers such as the US and Brazil.

In terms of volume, Australia exported ***.*** million kg of cotton in the first seven months of ****—*.** per cent lower than the ***.*** million kg exported in the same period last year. This decline is partly due to a smaller domestic crop following adverse weather in some growing regions and slower buying by key importers.