Global organic cotton production grows 53% last year
26 Sep '07
3 min read
To enable an increase in organic cotton production, Organic Exchange recommends: • increased research into pest (including weeds) management, soil fertility and defoliation practices that comply with organic standards; • solid commitments, including forward contracts and partnerships; and • additional amounts and types of technical, financial and business development assistance available to organic farming projects, particularly those in the developing world and those in the process of transitioning to full organic status.
According to the Organic Exchange Spring 2006 Global Organic Cotton Market Report, global organic cotton product sales increased an estimated 35 percent annually, from $245 million in 2001 to $583 million in 2005 and are projected to skyrocket to $2.6 billion by the end of 2008.
The top 5 users of organic cotton in 2005 were Nike (Oregon), Coop Switzerland and Patagonia (California), Otto (Germany), and Sam's Club/Wal-mart (Arkansas). Organic Exchange will be releasing an updated market analysis in October, 2007.