Home / Knowledge / News / Textiles / Global 2015/16 cotton crop to be down 7%: USDA
Global 2015/16 cotton crop to be down 7%: USDA
22
May '15
USDA said it has initially projected the 2015/16 global cotton crop at 111.3 million bales, 7 per cent or 8 million bales below the 2014/15 estimate.

In a report, USDA said area reductions in many countries are expected to account for the bulk of the 2015/16 production decrease.

It has forecast world cotton area to be 6 per cent lower at 31.8 million hectares, the lowest since 2009/10, while global yield in 2015/16 is forecast below the last several seasons at 763 kg/hectare.

The US agency expects the two largest producing countries, India and China to account for a combined 51 per cent of the world crop in 2015/16, slightly higher than in 2014/15.

India is forecast to become the world’s leading producer in 2015/16 after equaling China’s output in 2014/15 and its cotton production has been forecast at 29.5 million bales, down 0.5 million bales from 2014-15.

Indian cotton area has been projected at 12 million hectares, down from 2014/15 but near the average of the three previous seasons. It however expects that India’s yield will rebound from 2014/15’s 9-year low.

China is forecast to produce 27 million bales in 2015/16, 10 per cent below a year earlier and the smallest crop since 2003/04.

Area is expected to decline 16 per cent overall, with a larger reduction in eastern China as Government policies support further concentration of cotton in Xinjiang.

With proportionally more area in higher yielding Xinjiang, the national yield is forecast at a record 1,589 kg/hectare.

Pakistan and Brazil are also projected to produce smaller cotton crops in 2015/16. Pakistan’s production is forecast at 10 million bales, about 6 per cent below 2014/15 but similar to the 4-year average.

On the other hand, Brazil’s cotton crop is projected at about 6.8 million bales, 3.5 per cent below 2014/15, as area is expected to decline to its lowest since 2012/13.

Global cotton mill use is forecast at 115.3 million bales in 2015/16, up 3.5 percent or 3.8 million bales from 2014/15, reflecting growth in the world economy and lower cotton prices.

“China and India will remain the largest consuming countries, with a combined cotton mill use of nearly 62 million bales, or 54 per cent of the world total,” USDA informed.

China’s cotton mill use is forecast at 36 million bales in 2015/16, about 3 per cent above the current season but equal to 2012/13.

India’s cotton consumption is projected at a record 25.8 million bales in 2015/16, 5 per cent above the previous year, representing 22 per cent of global cotton mill use.

Cotton mill use in Pakistan is expected to reach 11.1 million bales in 2015/16, a growth rate near the world average.

World cotton trade in 2015/16 is forecast at 33.7 million bales, similar to the previous season but the lowest since 2008/09.


Must ReadView All

L-R: Surya Ajay Agarwal (Director - Donear), Vikram Mahaldar (MD - OCM) & Rahul Rajendra Agarwal (Director - Donear)

Textiles | On 20th Nov 2017

Promoters of Donear Group acquire OCM Woolen Mills

The promoters of Mumbai-based Donear Group have announced the...

NRF welcomes US Senate committee approval on tax reform

Textiles | On 20th Nov 2017

NRF welcomes US Senate committee approval on tax reform

The National Retail Federation (NRF) has welcomed the approval of tax ...

NTGM opens garment export facility in Yangon

Apparel/Garments | On 20th Nov 2017

NTGM opens garment export facility in Yangon

Nordic Technology Group Myanmar Ltd. (NGTM) recently initiated...

Interviews View All

Md Hanifur Rahman
Aman Group

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

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Igor Chapurin
Chapurin

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

November 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
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

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
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

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
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

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
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


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