Home / Knowledge / News / Textiles / Global cotton production to be lower in 2015-16
Global cotton production to be lower in 2015-16
20
Apr '16
World 2015-16 cotton production is projected at 99.8 million bales, 16 per cent below last season. India and China account for over half of the global crop, with India contributing 27 per cent and China supplying 24 per cent of the 2015-16 production, the US Department of Agriculture (USDA) has estimated.

World cotton production has followed global cotton prices lower, with a fourth consecutive crop decline this season. Harvested area is estimated at 30.9 million hectares, the lowest since 2009-10. The global yield is projected at 702 kg/hectare, compared with 762 kg/hectare last season and 2013-14's record of 799 kg/hectare.

USDA's April decrease of 420,000 bales in the 2015-16 world production estimate - largely in Côte d'Ivoire, Mali, and Brazil - pushed the global crop below 100 million bales for the first time since 2003-04. Of the major producing countries in 2015-16, only Australia's crop is expected to be higher than the year before.

Global cotton consumption in 2015-16 is estimated at 109.6 million bales, less than 1 per cent (600,000 bales) below the preceding season but similar to the previous 3-year average. With crop shortfalls around the globe this season, world cotton mill use will exceed production for the first time since 2009-10.

China - the leading cotton spinner - is forecast to use 32.5 million bales of raw cotton in 2015-16, slightly below a year ago as yarn imports remain an important component for the textile industry. On the other hand, India's mill use is projected unchanged in 2015-16 at 24.5 million bales after rising for three consecutive seasons. However, consumption is expected higher in Bangladesh and Vietnam, where 2015-16 mill use is forecast near 5.8 million bales and 5.1 million bales, respectively. Textile and apparel expansion in these countries has continued as production costs - mainly labuor – remain relatively low.

World cotton trade is projected at 34.8 million bales for 2015-16, about 2 per cent below the previous season and 25 per cent lower than 2012-13's record of 46.5 million bales. Lower imports by China have largely reduced the amount of raw cotton that has been traded over the last several seasons, although increases by a number of other countries have partially offset China's reduction. In 2015-16, China is forecast to import only 5 million bales of raw cotton, compared with 24.5 million bales 4 years ago. Bangladesh , on the other hand, is expected to become the leading cotton importer this season (with imports near 5.7 million bales) as the country's textile industry continues its expansion.

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search