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

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Jay Ramrakhiani
Occasions Elegance Wear

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

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

October 2017

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
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

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
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

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
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

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
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


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