Home / Knowledge / News / Textiles / Cotton consumption outpaces new supplies
Cotton consumption outpaces new supplies
15
Jul '08
The latest U.S. Department of Agriculture (USDA) forecasts for 2008/09 project that global cotton consumption will exceed the season's new supply of cotton for a second consecutive year. The expected 8-million-bale deficit would be the largest such shortfall since 1993/94.

Global cotton mill use is only projected to rise slightly in 2008/09, as world GDP growth slows through calendar 2009. However, new supplies (cotton production plus unaccounted cotton) are expected to decline 4.5 million bales to 117.9 million in 2008/09, widening the gap with consumption forecast at 125.9 million bales.

The global reduction in new supplies is due primarily to the United States, where over a 5-millionbale drop in production is foreseen in 2008/09.

In China, cotton consumption continues to exceed new supplies, with a gap of 15.5 million bales projected for 2008/09, compared with an estimated 14.2 million in 2007/08.

United States Department of Agriculture

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Anshul Sood
Oceedee

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

Kerem Durdag
Biovation II LLC

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

Mohammad Hassan
Biax Fiberfilm

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

Mark Paterson
Technical Absorbents Ltd

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

Robert Brunner
Devereux

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

Pranav Mishra
Huemn

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search