Home / Knowledge / News / Textiles / World cotton trade projected to dip 10% in 2014/15 - USDA
World cotton trade projected to dip 10% in 2014/15 - USDA
May '14
World cotton trade in 2014/15 is forecast to reach only 36.3 million bales, 10 percent below the previous season and the lowest since 2010/11. While imports by China have supported cotton trade over the last several seasons, expectations for lower China import demand are reducing trade in 2014/15. 
The initial forecast represents the second consecutive decrease in global trade as most major exporters anticipate reduced shipments in 2014/15. Exports by the United States, the world’s leading exporter, are forecast to decline 7 percent to 9.7 million bales, the lowest since 2000/01. Exports from India and Australia are forecast to decline considerably from a year earlier as exportable supplies there appear limited. 
India is projected to export 5.7 million bales in 2014/15, down 35 percent from 2013/14.In Australia, exports are projected at 3.2 million bales, down 30 percent from a year earlier and the lowest since 2010/11. Brazil’s exports are forecast to rebound to 3.5 million bales with increased supplies. Uzbekistan’s exports are projected to remain flat in 2014/15 at 2.7 million bales. 
Global imports in 2014/15 are driven once again by China, where cotton imports are forecast to fall by one-third to 8.5 million bales, as the Government is likely to restrict imports in favor of consumption of domestic cotton. Imports by China are expected to decline for the third consecutive season after reaching a record 24.5 million bales in 2011/12. Smaller import declines are also expected for Turkey, Vietnam, Malaysia, and others in 2014/15. Offsetting these declines, however, are increases in Pakistan, India, and Bangladesh. 
With global cotton production forecast to exceed consumption for the fifth consecutive season in 2014/15, world ending stocks are estimated to rise to a new record, reaching 101.7 million bales by July 31, 2015. China will continue to hold the bulk of these stocks, as ending stocks there are projected to reach 60.5 million bales by the end of 2014/15; however, China’s share of total world stocks is expected to decline slightly. 
World stocks outside of China are expected to rise by about 3 million bales. China would hold nearly 60 percent of global cotton stocks, slightly below the estimate for 2013/14. Stocks in India, the next largest stock holder, are also expected to rise to 10.7 million bales, or nearly 11 percent of the global total. The global stocks-to-use ratio is projected at 91 percent, up from 90 percent in 2013/14 and more than double the 2010/11 level.


Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mark Paterson
Technical Absorbents Ltd

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Judy Frater
Somaiya Kala Vidya

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

Karan Arora
Karan Arora

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search