Home / Knowledge / News / Textiles / Global cotton production to decline in 2012/2013
Global cotton production to decline in 2012/2013
22
Oct '12
According to U.S. Department of Agriculture’s (USDA) October Crop Production report global 2012/13 cotton production is forecast to decline 6 percent from the previous year to 116.3 million bales as the rising prices of competing crops and the declining price of the fiber render cotton cultivation less profitable.

Although lower compared with the previous year’s crop, October production numbers represent an upward revision of the previous month’s forecast, reflecting increases in the 2012/13 forecasts for Brazil, China, India, Pakistan, and the United States. 

Brazil and China are forecast to produce 6.5 million bales and 31.5 million bales in 2012/13, respectively, a decrease of 25 percent and 5 percent from a year ago.  In China, official support for grains and the rising cost of cotton production are some of the factors contributing to the 2012/13 production decline.

China’s harvested area is expected to decline 9 percent from a year ago to 5.0 million hectares in 2012/13.  In Brazil, relatively stronger prices for soybeans and lower foreign demand for cotton are expected to shift area from cotton production.  Brazil’s 2012/13 area is forecast at 1.0 million hectares, down 29 percent from the preceding year.

India and Pakistan are expected to grow 25.5 million bales and 10.0 million bales in 2012/13, respectively, down 7 percent and 6 percent from a year earlier.  Harvested area in India and Pakistan is forecast at 11.7 million hectares and 3.0 million hectares, respectively, down 4 percent and 6 percent from a year ago. 

Australia and the United States are forecast to produce 4.3 million bales and 17.3 million bales, respectively, in 2012/13.  The 2012/13 crop forecast represents a 23-percent decrease in Australia and an 11-percent increase in the United States—the only major producer expected to increase production from the previous year.

Global harvested cotton area is forecast at 34.1 million hectares in 2012/13, a decrease of 5 percent from the preceding year.  World 2012/13 yield is forecast at 743 kilograms per hectare.

World Mill Use and Ending Stocks to Rise in 2012/13

World 2012/13 cotton consumption is forecast to increase 3.6 percent from a year earlier to 106.9 million bales. China—the world’s largest mill user—is expected to consume 36.0 million bales, a decrease of 2.0 million bales (5 percent) from the preceding year due to the Government’s ongoing high domestic support price.

China’s expected mill use decline will reduce its share of 2012/13 global cotton consumption to 34 percent, the lowest in nearly a decade.  The expected mill use decline in China, however, is more than offset by consumption increases in other countries, including Bangladesh, India, Indonesia, Pakistan, Thailand, Turkey, and Vietnam. 

India and Pakistan are forecast to consume 22.0 million bales and 11.5 million bales, respectively, up 10 percent and 14 percent from a year earlier.  Bangladesh and Turkey are expected to use 3.6 million bales and 6.0 million bales, respectively, in 2012/13, up 13 percent and 7 percent from the preceding year.  India, Pakistan, and Turkey will account for 21 percent, 11 percent, and 6 percent of global 2012/13 cotton consumption, respectively.

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Marten Alkhagen
Swerea IVF AB

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

Johan Berlin
InvestKonsult Sweden AB

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silvia Venturini Fendi
Fendi s.r.l

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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