Home / Knowledge / News / Textiles / Southern hemisphere cotton output may plunge 18%: ICAC
Southern hemisphere cotton output may plunge 18%: ICAC
03
Dec '14
Besides a 12 per cent fall in acreage, cotton output is expected to plunge 18 per cent in the Southern hemisphere, which covers countries like Brazil, Australia and Southern & Eastern Africa.

According to ICAC’s latest report, cotton acreage is forecast to be down 12 per cent to 3 million hectares, the lowest level in five seasons in the Southern hemisphere, due to low world prices.

Assuming an average yield of 853 kg per hectare for the region, production is anticipated to fall 18 per cent to 2.6 million tons, which accounts for 10 per cent of expected world output in 2014/15.

Brazilian farmers are less enthusiastic to plant cotton this season as many find that even with government support, current prices do not cover productions costs and area is forecast to fall 13 per cent to 975,000 hectares.

Assuming an average yield of around 1,522 kg/ha, Brazilian cotton production is projected at 1.5 million tons.

The ongoing drought in Australia has left soil dry and reduced irrigation supplies. Cotton area is forecast to be down 28 per cent to 282,000 hectares, and output may fall 35 percent to 580,000 tons, ICAC informs.

For Southern and Eastern Africa, acreage is projected to decline 7 per cent to 1.4 million hectares.

However, unlike last season, rains have been more plentiful here and yield is likely to improve 6 percent to an average of 237 kg per hectare, resulting in output touching 329,000 tons, down 2 per cent from 2013/14.

Meanwhile, world production is projected to remain stable at 26.2 million tons despite a 3 per cent increase in area to 33.7 million hectares.

India, China, the United States and Pakistan are expected to account for 80 per cent of cotton output in the North hemisphere, which is projected to rise 2 per cent to 23 million tons with lower yields offsetting the 4 per cent gain in area.

After declining 1 per cent in 2013/14, world consumption is expected to recover by 3.8 per cent to 24.4 million tons, the ICAC states.

The top five consumers of cotton in 2014/15 are likely to be China, India, Pakistan, Turkey and Bangladesh.

Lower domestic prices and government incentives are helping the spinning industry in China to recover with consumption forecast to increase to nearly 8 million tons.

India’s consumption is projected at 5.3 million tons, which is the third consecutive season of growth, but at a slower rate than the previous two seasons as yarn demand from China is falling.

In 2013/14, insufficient electricity contributed to the 6 per cent reduction in Pakistan’s consumption, and electricity still remains a problem. Its consumption is forecast to rise 2 per cent to 2.3 million tons in 2014/15.

Consumption in Turkey is projected to be up 4 per cent to 1.5 million tons in 2014/15 while cotton use in Bangladesh may ascend 1 per cent to 954,000 tons.


Must ReadView All

Pic: Shutterstock

Textiles | On 12th Jun 2021

G20 GDP returns to pre-pandemic level in Q1 2021: OECD

Gross domestic product (GDP) of the Group of 20 (G20) area returned...

Pic: Stock for you / Shutterstock.com

Apparel/Garments | On 12th Jun 2021

Prime Content| Japan's clothing imports fall 13.2% in 2020-21

Japan’s imports of clothing and accessories declined by 13.2 per cent ...

Pic: Shutterstock

Textiles | On 12th Jun 2021

Setting right targets for issues key to building biodiversity strategy

Setting the right targets for issues in play in locations, i.e.,...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

There was a certain switch, but it was not 100% pandemic related

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Dhruv Toshniwal & Udit Toshniwal,

Dhruv Toshniwal & Udit Toshniwal

Launched a year ago, Fashions Pvt Limited conceptualises and sees D2C...

Ujjval Saraf,

Ujjval Saraf

Founded by Jimmy Lai, Giordano International Ltd, a Hong Kong based...

Shivendra Nigam,

Shivendra Nigam

Delhi-headquartered Cantabil Retail India Ltd was founded by Vijay Bansal...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

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 2021

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


Advanced Search