The countries with the highest volumes of cotton yarn consumption in 2019 were China (8.1M tonnes), India (4.3M tonnes), and Pakistan (3.2M tonnes), together comprising 74% of global consumption. Data and Analysis. Cotton use is more difficult to estimate than production. Nonetheless, China remained the largest consumer, accounting for around one-third of total cotton mill use (see below). Tripura, etc. The global agricultural supply and demand forecast (WASDE) continues to surge as the Beginning stocks this month are also lower by one million bales, due to higher estimated consumption in earlier years for India, Pakistan, and Mexico. 1 ton = 4.593 bales. The production of world top ten cotton producing countries are listed as follows. Growth in trade was also slow. The annual growth rate was only 0.4 percent, far less than during the previous few decades. Beginning stocks this month are also lower, by 1 million bales, due to higher estimated consumption in earlier years for India, Pakistan, and Mexico. As a result, the world stocks-to-use ratio is projected at its lowest in 3 years and is expected to keep cotton prices above recent levels. Consecutive year shortfalls in domestic production have depleted supplies significantly. The U.S. Department of Agriculture's (USDA's) first 2020/21 world cotton projections anticipate that consumption will exceed production, reducing world stocks by 2.5 million bales. India: 6.1 million tons Cotton is the most common natural fiber used to make clothing, accounting for about 33 percent of all fibers found in textiles. I1 and I2 are two of the community indifference curves of Canada. State targets for MY2015/16 planted area and seed cotton production are reportedly set at 1.28 million hectares and 3.35 million metric tons (MMT), respectively, which is unchanged from the last year. World 2015/16 area . November 12, 2021. Ch. WORLD 46,425 46,605 180 Larger crop Australia 3,600 3,900 300 Smaller crop Greece 1,350 1,150 -200 Larger Brazil 8,000 8,100 100 crop The Foreign Agricultural Service (FAS) updates its production, supply, and distribution (PSD) database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply While cotton production takes place once a year in most countries, consumption takes place throughout the year. World cotton production is expected to rise 4.7 percent, with harvested area rising in some countries. An initiative that focuses on making sustainable cotton production the mainstream standard is the Better Cotton Initiative . Soil Management and Tillage Practices for Growing Cotton Crop. . Pakistan is the world fourth largest cotton producer, and its production accounts for about 7% of global production and its consumption takes a share of nearly 9%. Global production for 2021-22 is estimated at 116.6m bales, up from March's estimate of 115.9m bales, largely due to a boost in Australian production as a result of heavy rains. By 2030, India's cotton production is projected to expand to 7.2 mt (approximately 43 million bales of 170 kg each) compared with current output of 6 mt equivalent to roughly 36 million bales . Cotton Production and Consumption Worldwide; India is playing an ever-important role in the world's cotton market. The cotton industry is also one of the dirtiest industries in the world. It is a labour-intensive cash crop mass-produced across the globe. World Cotton Situation, 2015/16 World Cotton Production, 2015/16 Global 2015/16 cotton production is expected to fall 15 percent from the previous year to 101.4 million bales, as all major production areas except Australia saw declines and the four largest— India, China, the United States, and Pakistan—fell sharply. Find Detail Statistical Analysis of World Fibre Report 2015, Fibre Wise View and Country Wise Details. Cotton is a highly global commodity and world cotton production and consumption estimates are often used to examine how much supply is available relative to demand. 1.0 to 5.0 million. The details of production and consumption of cotton during the last 10 years is given below:- (In lakh bales of 170 Kg each) Year Production Consumption 2009-10 305 259.00 2010-11 339 259.61 2011-12 367 375.28 2012-13 370 283.16 What is the Situation on Turkish Cotton Production and Consumption? World Cotton Consumption The global consumption of cotton was 122 million bales (480 lb each) in MY 2017/18, which declined by 2.30 per cent to 119.20 million bales in MY 2019/20. The stocks will drop by 1.9 million bales from last year's level. 19451. India: 6.1 million tons The organic cotton market is predicted to remain relatively small. Consumption by Country. Changes in VWC and water demands for cot-ton production are of special importance, as cotton produc-tion is known for its intense water consumption. This sustained period of consumption growth is projected to lead to a reduction in world stocks over the medium term. Main cotton producing countries. The global reach of cotton is wide, but current cotton production methods are . Cotton, however, emerged as the antebellum South's major commercial crop, eclipsing tobacco, rice, and sugar in economic importance. The global cotton balance sheet for 2021/22 includes higher production and consumption, and slightly lower ending stocks. Five countries make up around 75% of global cotton production. Cotton: World Markets and Trade FAS This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in cotton. Cotton Fibre Prices, Production and Consumption Forecasts, 2021. With world cotton mill use above production, 2021/22 global ending stocks are forecast to decline for a second consecutive season. World Cotton Day On 7 October, stakeholders from the global cotton community will come together to educate target audiences on the many advantages of cotton from its qualities as a natural fiber to the many benefits people obtain from its production, transformation, trade and consumption around the world. United States. The international price ratio is 0.25 bushels of wheat/bale of cotton as shown by the line RS. World cotton production is expected to outpace consumption in 2020/21, new data shows, with Covid-19 continuing to weigh on consumer demand, and inclement weather and trade conflicts expected to compound the challenges in some regions. Sao Paulo province with tropical highland climate is most suitable for cotton production. The World Wildlife Fund reported that cotton is the most profitable and widely produced non-food crop and makes up half of the world's textiles. Muhammad Azam Khan, Abdul Wahid, Maqsood Ahmad, Muhammad Tayab Tahir, Mukhtar Ahmed, Shakeel Ahmad et al. Given the economic relevance of cotton production, climate change poses an additional stress and deserves spe-cial attention. In that year, cotton production in China amounted to around 6 . In areas already facing water stress, cotton production can be . World . According to Renub Research, Global Cotton Market is expected to reach US$ 46.56 Billion by 2027, with a CAGR of 2.74% from 2020 to 2027. In year 2007-08, Brazil has produced 7.36 million bales of cotton, which was 6.11 per cent of the world production. The 1990s witnessed sluggish growth in world cotton production, consumption and trade. Producing 3,500 thousand metric tonnes a year, China is one of the world's largest cotton producers. Global cotton prices have risen since July 2021 due to global demand. It uses enormous amounts of pesticides, and the use of child labor is common. Genetic diversity and its usage in getting sustainability of lint cotton and cotton yield, and usage of bio-based substitute such as procession and change in various . Cotton is also a very thirsty crop, requiring 2,700 liters of water—what one person drinks in two-and-a-half years—to make one cotton shirt. Unfortunately, conventional cotton production is not sustainable for our environment due to water and chemical use. 19096. 0. 2 Production increases were mainly seen in India and the United States, while supply decreased in the People's Republic of China (hereafter "China"). The south-eastern Brazil is the main producer. production, consumption and commerce. Average Production . Despite the global economic crisis and relative drop in world cotton consumption over last 5-6 years, (link is external) This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in cotton. China, India, Pakistan, and Bangladesh are the largest cotton consumers of the commodity in the world, accounting for more than 65.0 percent of global consumption. assuming favorable weather conditions. Grasp this: There is no other commodity . Cotton is the world's most valuable (legal) non-food agricultural product. Global cotton consumption increased by 988,000 bales (from 113.5 million bales to 114.5 million). By 1860, the region was producing two-thirds of the world's cotton. This report provides comprehensive analyses and forecasts of cotton fibre prices, production and consumption, and it equips strategic planners with information which enables them to predict the extent to which future changes in the cotton fibre price are likely to affect their . Cotton majorly supports the global textile mills market and the global apparel manufacturing market. 20. The 2019/20 harvest was the lowest in over 3 decades, and the 2020/21 crop is down 27 percent. In addition, for China, Pakistan is the third largest cotton yarn . Get in touch with us now. No cotton grown. Overview. India is also leading consumer of cotton. Attaché Report (GAIN) DUBLIN--(BUSINESS WIRE)--The "Global Cotton Market & Volume by Consumption, Production, Export, Import Countries, Companies, Forecast" report has been added to ResearchAndMarkets.com's offering . Trends in cotton production and consumption. They increased by 25.26 percent from 1.92 million metric tons in 2019-20 to 2.4 million metric tons in 2020-21 and can now reach 2.42 million metric tons in 2021-22. Cotton can be bought and stored for a number of months before being used, or can be sold back to the market. World . Less than 1.0 million. Global consumption peaked at $81B in 2013; however, from 2014 to 2019, consumption remained at a lower figure. Creating sustainable clothing begins with growing organic cotton. RCP8.5. (link is external) (USDA Economics, Statistics and Market Information . In the figure below, AB is the production-possibility curve of Canada. The cotton industry is also one of the dirtiest industries in the world. In 1793, Eli Whitney revolutionized the production of cotton when he invented the cotton gin, a device that separated the seeds from raw . China's cotton industry employs 10 million people and in the 24 provinces that produce the plant, 300 million are involved in its production. World cotton production is expected to fall 2.3 percent, with area declining in a number of countries. World Cotton Production Estimates Continue to Increase While Consumption Falls By John Johnson Since the beginning of 2015, the U.S. Department of Agriculture twice has raised its estimate of 2014-15 world cotton production and twice lowered its estimate of world consumption resulting in further growth of already burdensome ending stocks. Brazil's exports are on the rise. Pages 1-7. It Covers Capacity, Production, Import, Export and Consumption of Polyester, Nylon, Viscose, Acrylic, Cotton, Wool from Asia, Europe, Africa, North And South America. China grows Bt cotton, a genetically modified crop that is used for commercial production. Data Products provide key data on U.S. cotton and wool production, supply, use, trade, and price statistics. World consumption is expected to exceed production for the second year in a row, reducing world stocks by 3.2 million bales. Increased production and exports may be due to higher global cotton prices, weaker national currencies, and lower domestic consumption of cotton. World cotton mill use is expected to recover by 2% to 23.6 million tons in 2009/10, driven by the global economic rebound. Keeping in mind the immense scale of global production and consumption, there is need for mass market transformation making sustainable cotton the norm. World Cotton Production and Consumption: An Overview @inproceedings{Khan2020WorldCP, title={World Cotton Production and Consumption: An Overview}, author={M. A. Khan and A. Wahid and Maqsood Ahmad and M. Tahir and M. Ahmed and Shakeel Ahmad and M. Hasanuzzaman}, year={2020} } The Committee on Cotton Production and Consumption decided that with opening stock of 73.20 lakh bales and import of 10.50 lakh bales, the total availability this season was likely to be 445.88 . View All. Global cotton production fell 6% to 24.3 million tons resulting from 6% shrinkage acreage to 31.75 million hectares in 2014-15. Cotton Around the World. Main cotton producing countries. Consumption Data. Cost and return estimates are reported for the United States and major production regions for corn, soybeans, wheat, cotton, grain sorghum, rice, peanuts, oats, barley, sugar beets, milk, hogs, and cow-calf. Cotton Production and Consumption Worldwide; India is playing an ever-important role in the world's cotton market. Fiber production on global stage has grown 3% to 10 0 million tonnes due to 8% rebound in cotton production after disas-trous contraction in the 2015/16 season. Cotton is the world's most valuable (legal) non-food agricultural product. DOI: 10.1007/978-981-15-1472-2_1 Corpus ID: 216440183. World Cotton Day 2021: Cotton Day is observed annually on October 7 to raise awareness about the cotton sector and the critical role it plays in . Therefore, Pakistan's cotton production and consumption poses certain impact on global cotton supply and demand. (link is external) • Past Reports. The average rate of growth was 3.1 percent per annum. Production and Mill Consumption. This statistic shows the world's leading cotton producing countries in crop year 2020/2021. Five countries make up around 75% of global cotton production. World cotton production is expected to rise 4.7 percent with the most significant year-over-year growth in Pakistan, Australia, Brazil, the United States, Asia is expected to be the main engine of growth in cotton spinning this season, with a projected increase in cotton consumption of 620,000 tons to 18.3 million tons, accounting for 77% of global cotton mill use. This is the lowest since 2003/04 and it represents a 14.3% decrease relative to 2007/08 and a 4.4% decrease relative to 2008/09. The U.S. Department of Agriculture's (USDA's) first 2021/22 world cotton projections anticipate that global consumption will exceed production, reducing world stocks by 3.2 million bales. Average annual output during 1999-2001 was 19.9 million tonnes, 900 000 tonnes more than a decade ago. in 480lb bales. provides U.S. agricultural exports and imports, volume and value, by country . For example, in 2017/18, the cotton world production and use were estimated at 25.1 million tons [1, 2]. The top two cotton producers, India and China, contribute approximately 45-50 percent of the world's production, while the top four producers comprise 70-75 percent of global cotton production. World's cotton ending stocks are expected to decline by 3.9 million bales during 2020/21 at 97.5 million bales, reflecting lower production and higher consumption, according to the US Department of Agriculture (USDA). World cotton production reached a record of 26 million tons in 2004/05, and production remained nearly as high in the two years following. An econometric partial equilibrium model of China's agricultural sector was then used to examine the impacts of changing demand by the textile industry on China's cotton consumption, regional cotton production, and cotton trade. 10. But the production remains above expectations for consumption. The line PQ shows the price ratio of one bushel of wheat/bale of cotton. in 2020, China consumed an average of 41,000 bales of cotton making the Asian giants the highest consumer of the commodity on a global scale. 30. When stocks increase (more cotton is grown than consumed in a given year), prices tend to fall. The current world production is estimated (2009 - 10 Dec) at 102.7 million bales (Table 2). As predicted, world cotton production will grow and reaching 26.1 million tons in 2026 [3]. Its production provides income for more than 250 million people worldwide and employs almost 7% of all labor in developing countries. last five years. 2017/18 (estimate) World cotton closing stocks. Cotton consumption should increase at a more moderate pace (1.8% per annum), and world demand should rise to 23.6 million tons by 20104. Table 1 Global cotton production and consumption update to 2016/17 (USDA FAS); in thousands of metric tonnes Data 2016/17. Cotton has played a chief part in industrial evolution beginning in the eighteenth . The global cotton balance sheet for 2021/22 includes higher production and consumption, and slightly lower ending stocks. Cotton is the most widespread profitable non-food crop in the world. The market advisory firm Mordor Intelligence predicts that global cotton consumption will experience a 3.1% is providing income to millions of farmers.According to the World Bank Atlas (Sheth, 2017), 8 of the top 10 cotton-producing countries are classified as developing countries, and their exports of the crop reached ∼ USD 30 billion in 2017 (ITC, 2019) (full overview in Table S1). Cotton: World Markets and Trade. The latest projections for global cotton production and consumption from Cotton Outlook forecasts a 1.36m bale deficit in the 2021-22 season. The interaction between China's demand for cotton and man-made fibers is also examined. 5. Source: USDA - Cotton: World Markets and Trade, data for 2020/21 crop year; August 1, 2020 through July 31 . However, the new all-time The increasing competition from synthetic fibres has been taken into account. It uses enormous amounts of pesticides, and the use of child labor is common. Thirty-four countries representing nearly 89% of world cotton area participated in the 2010 survey. After a fall in 2018, global cotton production and mill consumption 1 increased in the 2019 marketing year. The decline in production by 2.2 million bales during the year […] World cotton consumption is forecast to grow strongly in 2018-19 and to outpace growth in world production until 2021-22, before world cotton production strengthens to 2023-24. India. In the world, cotton fiber is a distinguished fiber that serves as a raw material for textile industries having a yearly significant economic impact of at least $600 billion. Cotton production was higher than demand from 2010 to 2013; however, the production decreased from 2011, with a signifi- cant decrease of 6.5% in 2015 from 2014, while consumption is increasing by . domestic production for the first time. Set to bypass the United States and become the world's second largest . China. Atlas on Regional Integration in West Africa Cotton fibre prices, production and consumption forecasts, May 2020 This report provides comprehensive analyses and forecasts of cotton fibre prices, production and consumption, and it equips strategic planners with information which enables them to predict the extent to which future changes in the cotton fibre price are likely to affect their . THE raw cotton consumption by the domestic textile industry has been increasing at a rate of four per cent per annum from the last one and half decades . Approximately half of all textiles are made of cotton. Cotton Production. USDA's latest official data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in cotton, can be found in the Cotton: World Markets and Trade report. Brazil is also an important cotton-producing country in the world and rank fifth in the world.
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