Home / Knowledge / News / Textiles / Africa turns largest cotton source for Bangladesh

Africa turns largest cotton source for Bangladesh

16
May '19
Africa turns largest cotton source for Bangladesh
African nations have left India behind to turn the largest source of cotton for Bangladesh as domestic spinners and millers aim to cut down their dependence on a single source for this raw material. Bangladesh, the largest importer of cotton in the world, met 37.06 per cent of its requirement for the white fibre from East and West African countries last year.

India accounted for 26.12 per cent of Bangladesh’s total cotton imports, down from more than 60 per cent two years ago, according to data from the Bangladesh Textile Mills Association (BTMA).

Last year, 11.35 per cent of the cotton came from the Commonwealth of Independent States (CIS) countries, 11.14 per cent from the United States, 4.65 per cent from Australia and 9.65 per cent from the rest of the world, according to a report in an English-language daily in the country.

The low quality of the Indian cotton is the main reason behind the falling imports from the neighbouring country, according to BTMA secretary Monsoor Ahmed.

A section of Indian cotton traders also cannot maintain timely shipment and deliver the right quantity of cotton as per agreement, said Bangladesh Cotton Association president Mehdi Ali.

The concentration of moisture in the Indian cotton is higher than in other countries’, which makes it difficult to store in the warehouses for a long time.

Last year, Bangladesh imported 8.28 million bales of cotton (one bale equals to 282 kilogrammes). In dollar terms, the imports are worth $3 billion.

The country produced 1.65 lakh bales of cotton last fiscal, which is less than 3 per cent of the annual demand of 10 million bales.

To boost domestic cotton production, state-run Cotton Development Board is looking for new farm lands in hilly and swampy areas in various districts along with existing cultivation areas in Jashore, Rangpur, Dinajpur, Rajshahi, Gazipur and Mymensingh.

The board hopes to produce 2.5 lakh bales of cotton by 2021, which will meet nearly 5-7 per cent of the domestic consumption. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

China tariffs may lead to 'widespread store closures': UBS

Apparel/Garments | On 27th May 2019

China tariffs may lead to 'widespread store closures': UBS

The US-China trade war could cause prices to rise on everything from...

Trade weakness to extend to second quarter: WTO indicator

Textiles | On 27th May 2019

Trade weakness to extend to second quarter: WTO indicator

World trade growth is likely to be weak in 2019 second quarter,...

Pic: Petronas

Textiles | On 27th May 2019

Petronas forays into specialty chemicals; buys Da Vinci

Petronas Chemicals Group Berhad (PCG), the leading integrated...

Interviews View All

Kaizad Hansotia, GetNatty

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Top executives, Machinery Company

Top executives
Machinery Company

We will promote latest technologies at ITMA Barcelona

Manfred Mentges, Sedo Treepoint GmbH

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Italtex,

Italtex

Italtex is a leading studio publishing fabric trend-books since 1959....

Karen Lou,

Karen Lou

Australia-based Sunseeker has been creating swimwear since 1970. Sunseeker ...

Luciano Sardini,

Luciano Sardini

A consolidated reality in Italy and internationally, IMA Spa is well-known ...

Chunyi Zhi, City University of Hong Kong

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Georg Reinhold, Trützschler  Nonwovens & Man-Made Fibers

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

Robert Brunner, Devereux

Robert Brunner
Devereux

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

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

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 2019

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

news category


Related Categories:

Advanced Search