Home / Knowledge / News / Textiles / China to put a strain on global cotton supply
China to put a strain on global cotton supply
19
Apr '08
World demand for imported cotton will jump by as much as 50 percent in the next decade as China's emerging middle class snaps up ever more of the fluffy fiber, Texas Tech University economists predict. Yet India is poised to profit most from this windfall instead of U.S. farmers.

Economists say China is poised for a consumer products revolution, which will put a strain on global supply. The country produces, imports and mills more cotton than any other place on the globe, yet residents use relatively few cotton products - about 4.4 pounds annually - compared to the 35 pounds demanded in highly developed countries like the U.S. That leaves plenty of room for growth inside China's untapped consumer frontier.

Add to that the fact that China already uses most of its arable land and produces a 1.7-bales-per-acre yield comparable to the U.S., and China will have to look elsewhere for its textiles.

Today, China imports 14.4 million bales. In ten years that number is expected to rise to 28.7 million bales. Unfortunately, it's not likely that the United States will fill this production dearth.

Competition from other crops, specifically those related to rising bio-fuel production, will push the U.S. cotton acreage downward at least for a few years while at the same time India can enjoy massive boosts to its yields as it turns to genetically enhanced crops.

"There's no doubt that U.S. cotton area will go down," said Samarendu Mohanty, an agricultural economist and associate director of the institute. "It could go up if prices for these other crops like corn and soybeans drop drastically, but we don't expect that."

The work, led by researchers with Texas Tech's Cotton Economics Research Institute, is described in the recent release of the group's annual world cotton outlook.

The research results are based on the Texas Tech World Fiber Model, a long-term series of baseline projections that are based on assumptions of normal weather patterns and current trade policies, along with stable economic fundamentals such as population and income growth, and prices for crops that would compete with cotton.


Must ReadView All

Maintain NAFTA trucking provisions: AAFA, US trade bodies

Apparel/Garments | On 22nd Nov 2017

Maintain NAFTA trucking provisions: AAFA, US trade bodies

The American Apparel & Footwear Association (AAFA) recently joined...

Vietnam’s textile & garment exports cross $24bn till Oct

Textiles | On 22nd Nov 2017

Vietnam’s textile & garment exports cross $24bn till Oct

Vietnam earned $24.372 billion from textile and garment exports in...

Karl Mayer unveils TMJ 4/1-T terry warp knitting machine

Textiles | On 22nd Nov 2017

Karl Mayer unveils TMJ 4/1-T terry warp knitting machine

Karl Mayer, a technology and market leader in textile machinery from...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Harsh Shah

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

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts
Eurofibers

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner
Devereux

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

Judy Frater
Somaiya Kala Vidya

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

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