Home / Knowledge / News / Textiles / Egypt bans cotton imports to boost local crop
Egypt bans cotton imports to boost local crop
08
Jul '15
In a change of course just six months after announcing an end to subsidies for its cotton farmers, Egypt has stopped all cotton imports in a bid to assist the production and marketing of the local crop, according to media reports.

Egypt imports cotton mostly from Greece, the US, Burkina Faso and Benin.

"The decision aims to protect local production of cotton and resolve its marketing problems," the agriculture ministry said in a statement, adding that cargoes shipped before July 4 would still be accepted.

"The ministry is keen on Egyptian cotton regaining its glory on all levels," it said.

The market for Egypt's high-quality, extra-long staple cotton has been declining over the years.

Egypt exported $83.8 million worth of raw cotton in 2013-14, down from $120.3 million the previous year, according to Central Bank data. Imports of raw cotton, however, grew to $117.8 million in the same year up from $51.3 million.

In January, agriculture minister Adel El-Beltagy had announced that the state would not offer any form of subsidies for cotton farmers or spindles in the next season.

El-Beltagy pointed out that long-staple cotton cultivation was very expensive, and added that there was no demand for it either domestically or internationally.

The ministry also noted Egypt's own textile firms had shifted their focus to creating low-quality products with cheap raw cotton imports.

The chairman of the Egyptian Chamber of Textile Industries Mohammed al-Morshedy has asked farmers to grow more short and medium staple cotton to support the country's textile industry, which he said would be hit by the lack of cheap cotton imports.

Cotton acreage has fallen dramatically since the heyday of the 1960s, when Egypt produced cotton from up to 2.2 million feddans (924,000 hectares) helped by fixed state prices.

The acreage his year is expected to exceed 260,000 feddans, according to a report issued by the agriculture ministry in March. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Digital textile printing sector to grow by 20% by 2020

Textiles | On 18th Jun 2018

Digital textile printing sector to grow by 20% by 2020

The digital textile printing sector is expected to have a compound...

Courtesy: Hela Clothing

Apparel/Garments | On 18th Jun 2018

Hela's latest label revolves around underwear, sleepwear

The latest collection of Sri Lanka’s Hela Clothing is revolves mostly ...

Kenya levies higher duties on mitumba import

Apparel/Garments | On 18th Jun 2018

Kenya levies higher duties on mitumba import

Kenya’s treasury secretary Henry Rotich recently raised the duty on...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Sandip Bhojani, Manthan Patel

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

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Kerem Durdag
Biovation II LLC

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kevin Nelson
TissueGen

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Sonam & Paras Modi
SVA

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

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


June 2018

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

news category


Related Categories:

Advanced Search