Home / Knowledge / News / Textiles / World cotton trade to rebound in 2011/12
World cotton trade to rebound in 2011/12
16
Aug '11
World cotton production in 2011/12 is forecast at a record high of 122.7 million bales, a 7-percent increase from the preceding year as producers respond to favorable market prices and a much improved credit environment. While 2011/12 production is expected to decline in the United States, gains in other major producing countries such as Australia, China, India, Pakistan, and Uzbekistan, are expected to result in the global all-time high.

Brazil is forecast to produce 8.7 million bales in 2011/12, up 2 percent from a year ago. Brazil's 2011/12 crop size is expected to reach a new record, as yields are expected to recover from losses due to insufficient rainfall in 2010/11. The United States is forecast to produce about 16.6 million bales in 2011/12, down 12 percent from the previous year as severe drought conditions caused high abandonment in Texas. Harvested area in both the United States and Brazil is forecast below 2010/11.

Australia's 2011/12 crop is forecast at a record 4.5 million bales, up 7 percent from the previous year. Harvested area in Australia is expected to decline 7 percent from the preceding year to 550,000 hectares, but the proportion of high-yielding irrigated area is expected to rise. China and India—the world's leading cotton producers—are forecast to produce 33.0 million bales and 27 million bales in 2011/12, up 8 percent and 6 percent, respectively, from a year ago. China's 2011/12 crop area is expected to increase 7 percent from the previous year, to 5.5 million hectares, while India's area is expected to rise 8 percent to 12.0 million hectares. Pakistan and Uzbekistan are forecast to produce 10.3 million bales and 4.3 million bales in 2011/12, up 17 percent and 5 percent, respectively, from the previous year. Pakistan's 2011/12 harvested area is forecast at 3.3 million hectares, a 3-percent increase from a year earlier. Global 2011/12 cotton area is forecast at 35.4 million hectares, an increase of 6 percent from the preceding year. The global yield in 2011/12 is forecast at 755 kg/ha, the highest in 3 years.

World cotton trade is forecast at 37.6 million bales, up 7 percent from a year earlier and the largest in 4 years. Australia's 2011/12 exports are forecast to increase 69 percent from the previous year, to 4.4 million bales. In Brazil, 2011/12 exports are forecast to rise 85 percent from a year ago, to 3.7 million bales. Anticipated 2010/11 bumper crops in Australia and Brazil are expected to result in record exports in the two Southern Hemisphere countries.

Exports from the African Franc Zone (AFZ) are forecast to increase 18 percent from a year ago, to 2.4 million bales. Uzbekistan's 2011/12 exports are forecast at 3.0 million bales, up 13 percent from the previous year. The United States—the leading global exporter—is forecast to export 12.3 million bales in 2011/12, a 15-percent decline from a year ago. India, the world's secondlargest cotton exporter, is forecast to export 5.0 million bales in 2011/12, unchanged from the previous year.


Must ReadView All

Two slabs of GST will affect Bengaluru garment units: SIGA

Apparel/Garments | On 23rd Jan 2018

Two slabs of GST will affect Bengaluru garment units: SIGA

The South India Garment Association (SIGA) has voiced its concern...

US FTC updates textile rules to drop obsolete requirement

Textiles | On 23rd Jan 2018

US FTC updates textile rules to drop obsolete requirement

The US Federal Trade Commission has eliminated an obsolete provision...

Indian textile industry at inflection point: Report

Textiles | On 23rd Jan 2018

Indian textile industry at inflection point: Report

The textile and apparel sector of India is at an inflection point...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eamonn Tighe
Nature Works LLC

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

January 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search