;
Home / Knowledge / News / Textiles / Cotton exports register mind boggling figures
Cotton exports register mind boggling figures
28
Jun '08
Cotton production in India is seeing a rising trend. While the production was 136 lakh bales (170 kg) in 2002-03 season, it rose to 241 lakh bales in 2005-06 and jumped to 315 lakh bales in 2007-08, translating in to a phenomenal growth of 131 percent in 5 years.

Correspondingly the yield has also increased from 310.55 kgs/hectare in 2002-03 to 427.17 kgs/hectare in 2005-06 and 560.44 kgs/hectare in 2007-08 which means an increase of 80.46 percent again in 5 years.

The best performance came on the export-import front. From 16 lakh bales in 2002-03 imports climbed down to just 6.5 lakh bales in 2007-08. Exports galloped from just 84 thousand bales in 2002-03 to 47 lakh bales in 2005-06 and a stupendous 85 lakh bales in 2007-08. This in effect means a growth in exports of a mind boggling ten thousand percent in just 5 years.

The consumption pattern is also similar to the growth in yield. From 168.83 lakh bales in 2002-03 it ascended to 219 lakh bales in 2005-06 and an awesome 241 lakh bales in 2007-08.

Closing stocks rose from 24 lakh bales in 2002-03 to a comfortable 72 lakh bales in 2004-05 but dipped to 43 lakh bales in 2007-08. The stock to use ratio also witnessed a similar pattern. From 14 percent in 2002-03 it augmented to a perfect 37 percent in 2004-05 and plunged again to a precipitous 18 percent in 2007-08.

The alarms raised by the textile industry and industry bodies are not farfetched. Though production and yields have gone up, the exponential growth in exports has led to a shortage of good quality cotton in the market and led to a price increase of as much as 25 percent in the current cotton season. The stock to use ratio is also at a risky 18 percent, which ideally should be around 30 percent.

Click here to view statistics

Fibre2fashion News Desk - India


Must ReadView All

ILO, Sweden to promote decent work in Asian garment sector

Apparel/Garments | On 19th Dec 2018

ILO, Sweden to promote decent work in Asian garment sector

The Swedish International Development Cooperation Agency (SIDA)...

Courtesy: Ikea

Apparel/Garments | On 19th Dec 2018

Ikea to generate 10,000 jobs in Maharashtra over 3 yrs

Swedish furniture company Ikea is planning to hire 10,000, both...

Indonesia signs trade deal with 4 European countries

Apparel/Garments | On 19th Dec 2018

Indonesia signs trade deal with 4 European countries

Indonesia recently completed talks for the Comprehensive...

Interviews View All

Claudia Kersten, Global Organic Textile Standard

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Frank Gossmann, Rotorcraft AG

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

C Kamatchisundaram, Voltas

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Abhishek Pachauri,

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Pratik Agarwal,

Pratik Agarwal

Breya is a brand of Indo-Western clothes for women owned by ABP Apparels...

C Dhandayuthapani,

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Justin Gutierrez, INDA

Justin Gutierrez
INDA

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Silvia Venturini Fendi, Fendi s.r.l

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

Leave your Comments


December 2018

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

news category


Related Categories:

Advanced Search