Interviews
Cotton production, consumption & trade report
26 May '07
2 min read
This forecast may be optimistic, however as the price of inputs is likely to go up and once again they will be distributed relatively late. As of mid-May, no input or cotton prices have been announced creating an environment of uncertainty. Area is forecast at 250,000 hectares yielding production of approximately 505,000 bales.
Benin Consumption:
Benin has approximately 7,000 tons of spinning capacity of which only about 2,000 MT is in use. Benin also has two textile factories and two oil mills.
Benin Trade:
Due to low domestic consumption, approximately 98 percent of Benin's cotton production is exported. Asia remains the dominant destination of cotton exports, with about ten percent of exports going to Europe. Nigeria is also an important importer.
Benin Biotechnology:
In 2002 Benin declared a five-year moratorium on the research and development of agricultural biotechnology. CRACF would be the appropriate institution to initiate a request to begin research.
Benin Consumption:
Benin has approximately 7,000 tons of spinning capacity of which only about 2,000 MT is in use. Benin also has two textile factories and two oil mills.
Benin Trade:
Due to low domestic consumption, approximately 98 percent of Benin's cotton production is exported. Asia remains the dominant destination of cotton exports, with about ten percent of exports going to Europe. Nigeria is also an important importer.
Benin Biotechnology:
In 2002 Benin declared a five-year moratorium on the research and development of agricultural biotechnology. CRACF would be the appropriate institution to initiate a request to begin research.
United States Department of Agriculture Foreign Agricultural Service
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Eliar Elektronik San. A.S.
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