Home / Knowledge / News / Textiles / 2014/15 global cotton output down 1%: USDA
2014/15 global cotton output down 1%: USDA
22
Apr '15
As per the latest report of the USDA, global 2014/15 cotton production is projected at 119.2 million bales, 1 per cent below last season.

China and India account for half of the world crop, each contributing an estimated 30 million bales of cotton production in 2014/15.

“As world prices have fallen, global production has followed and has declined for three consecutive seasons to its lowest since 2010/11, with harvested area being the second lowest in 4 years,” the report said.

Global yield is estimated at 762 kg/hectare this season, 5 per cent below 2013/14 and similar to 2010/11.

USDA’s April increase of 216,000 bales to the US crop and higher production for Mexico of 146,000 bales and Pakistan 100,000 bales were more than offset by a 500,000 bales reduction for India.

Production in Uzbekistan was also reduced in April but mostly offset by an increase for Greece and in 2014/15, with only the US, Pakistan and Turkey projected to have larger production than in 2013/14.

The USDA estimates world cotton consumption in 2014/15 at 111 million bales, 2 per cent or 2 million bales above the preceding season.

Although rising for the third consecutive season, global mill use continues to be below production, with Chinese mill use projected to be only slightly higher in 2014/15 after 4 consecutive years of decline.

Mill use in China is forecast at 35 million bales this season, compared with 34.5 million bales in 2013/14 and as against 50 million bales in 2009/10.

Policies in China continue to make cotton yarn imports a viable option for textile mills, with India, Pakistan, and Vietnam being the leading cotton yarn suppliers to China.

India’s 2014/15 cotton consumption is projected at a record 24.2 million bales, an increase of 200,000 bales from March, as higher imports and lower exports ensure adequate supplies to mills.

India’s cotton mill use in 2014/15 is about 3.5 per cent above 2013/14 and Pakistan is forecast to use 10.6 million bales of cotton in 2014/15, again a 100,000-bale increase this month and 2 per cent above last season.

Vietnam, like India and Pakistan, is benefiting from China’s cotton yarn import demand, with cotton mill use in Vietnam projected at a record 3.85 million bales in 2014/15, 70 per cent more from 2 years earlier.

Global cotton trade is projected at 34.3 million bales for 2014/15, 16 per cent below the previous season and 27 per cent below 2012/13.

China, which imported more than 20 million bales of raw cotton in 2012/13, is forecast to import only 7.5 million bales this season, the country’s lowest since 2008/09.

At the current level, China will account for 22 per cent of global imports, compared with 35 per cent last season and 44 per cent in 2012/13.

The decline in China’s imports is partially offset by increases in Vietnam, Bangladesh, Indonesia, and India.


Must ReadView All

UNIDO, eWTP discuss strengthening ties to back e-commmerce

Textiles | On 25th Apr 2018

UNIDO, eWTP discuss strengthening ties to back e-commmerce

United Nations Industrial Development Organisation director general...

Courtesy: HueTrap

Apparel/Garments | On 25th Apr 2018

Making sustainability affordable is a big challenge

In a lot of instances, being sustainable comes with an additional...

Courtesy: Formosa Petrochemical Corporation

Textiles | On 25th Apr 2018

Formosa to set up petrochemical plant in Louisiana

Formosa Petrochemical Corporation has selected St. James Parish in...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Urmil Arya

Sushila International, a well established textile organisation established ...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Sandip Bhojani, Manthan Patel

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

Mark Paterson
Technical Absorbents Ltd

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

Leave your Comments


April 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
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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
7.8%
Skip
9.7%

Total Votes: 103


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