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Cotton imports likely to increase in MY 2006-07
16 May '06
1 min read
Cotton imports are estimated to increase by three percent to 460,000 tons in MY 2006/07, with fast growing spinning sub-sector contributing to a sustained strong demand for raw cotton.
Cotton yarn production during MY 2006/07 is forecast at 397,000 tons, and fabric production at 1.47 billion meters.
The spinning sub-sector has witnessed robust growth over past six to seven years, due to growing demand for yarn from both the domestic market and export-oriented ready-made garments (RMG) sector.
Raw cotton consumption in MY 2006/07 is forecast at 484,200 tons, up from 453,150 tons in 2005/06. Increasing demand from the rapidly growing private sector spinning mills and large imports are fueling consumption growth.
Cotton yarn consumption in 2006/07 is forecast to increase by seven percent to 635,000 tons.
The US market share in Bangladesh cotton imports is expected to further slide to less than ten percent, due to strong competition from Commonwealth of Independent States (CIS) and India.
View entire report
Cotton yarn production during MY 2006/07 is forecast at 397,000 tons, and fabric production at 1.47 billion meters.
The spinning sub-sector has witnessed robust growth over past six to seven years, due to growing demand for yarn from both the domestic market and export-oriented ready-made garments (RMG) sector.
Raw cotton consumption in MY 2006/07 is forecast at 484,200 tons, up from 453,150 tons in 2005/06. Increasing demand from the rapidly growing private sector spinning mills and large imports are fueling consumption growth.
Cotton yarn consumption in 2006/07 is forecast to increase by seven percent to 635,000 tons.
The US market share in Bangladesh cotton imports is expected to further slide to less than ten percent, due to strong competition from Commonwealth of Independent States (CIS) and India.
View entire report
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