Cotton: World Markets and Trade - Cornell University · 2016. 4. 12. · cotton yarn import demand in China and the progressively more pessimistic outlook for India’s crop (India

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Approved by the World Agricultural Outlook Board/USDA

Import Demand in Pakistan Picks Up, Driven by

Textile Export Strength and Small Crop

Pakistan’s consumption forecast was raised this month by 500,000 bales to 10.1 million. This demand is

forecast to be met by higher imports, which are raised this month by 600,000 bales to 2.9 million, the

second highest level on record. Strong textile exports, especially of apparel and bedwear, have forced

Pakistan’s textile sector to look to imported cotton, especially from India, to make up for a significantly

smaller crop.

The 2015 crop is down by one-third from the previous season due to serious pest damage. Domestic

cotton usually supplies over 90 percent of Pakistan’s consumption but represents just 70 percent this

season. As the situation with production became clearer in the latter part of 2015 the consumption

forecast was lowered, as shown in the chart at the right. This reduction was based in part on weakening

cotton yarn import demand in China and the progressively more pessimistic outlook for India’s crop

(India is the major cotton exporter to Pakistan). However, recent textile export data from Pakistan (chart

at left) suggests that the sector has not suffered as much as previously expected.

While total cotton consumption is still forecast below last season, exports during the most recent 3 months

of apparel and bedding are all up from year-ago levels. Additionally, recent export data from Indian and

other suppliers testifies to robust Pakistan lint imports (India’s export forecast this month is raised

250,000 bales to 5.75 million).

United States Department of Agriculture Foreign Agricultural Service April 2016

Cotton:

World Markets and Trade

Overview

For 2015/16, world production is lowered, mostly due to smaller crops in West Africa. Consumption is

raised, as higher consumption in Pakistan and China is partially offset by lower consumption in Indonesia,

Bangladesh, and Turkey. Trade is virtually unchanged. The U.S. balance sheet has production down

slightly, higher imports, and ending stocks are lowered 100,000 bales to 3.5 million. The U.S. season-

average farm price is down a half-cent to 58.5 cents/pound.

For current prices received by farmers click here; NASS farm price

Prices

The A-Index and U.S. spot

prices have shown recent

recovery on tightened stocks

outside of China and on

apparent delay of sales from

China’s state reserve.

For more information on U.S.

spot price click here; AMS

Cotton Market News

2015/16 TRADE OUTLOOK

Major Importers:

Pakistan is hiked 600,000 bales to 2.9 million on stronger consumption demand.

Indonesia is slashed 400,000 bales to 2.7 million on lower mill use forecasts.

Bangladesh is reduced 100,000 bales to 5.7 million a slightly weaker mill use forecast.

India is lowered 100,000 bales to 800,000 on a recent slowdown of imports.

Major Exporters:

Mali is lowered 200,000 bales to 1.0 million on a lower production forecast.

India is boosted 250,000 bales to 5.8 million on strong demand, especially from Pakistan.

Cote d’Ivoire is cut 150,000 bales to 650,000 on a much lower production forecast.

Brazil is up 100,000 bales to 4.3 million on recent stronger-than-expected shipments.

Foreign Agricultural Service/USDA April 2016Office of Global Analysis

http://usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documentID=1002

http://www.ams.usda.gov/market-news/cotton

http://www.ams.usda.gov/market-news/cotton

The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD) database

for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and Demand

Estimates (WASDE) report is released. This circular is released by 12:15 p.m.

FAS Reports and Databases:

Current World Market and Trade and World Agricultural Production Reports:

http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx

Archives World Market and Trade and World Agricultural Production Reports:

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7

Production, Supply and Distribution Database (PSD Online):

http://apps.fas.usda.gov/psdonline/psdHome.aspx

Global Agricultural Trade System (U.S. Exports and Imports):

http://apps.fas.usda.gov/gats/default.aspx

Export Sales Report:

http://apps.fas.usda.gov/esrquery/

Global Agricultural Information Network (Agricultural Attaché Reports):

http://gain.fas.usda.gov/Pages/Default.aspx

Other USDA Reports:

World Agricultural Supply and Demand Estimates (WASDE):

http://www.usda.gov/oce/commodity/wasde/

Economic Research Service:

http://www.ers.usda.gov/topics/crops

National Agricultural Statistics Service:

http://www.nass.usda.gov/Publications/

Questions may be directed to:

James Johnson (202) 690-1546 [email protected]

Lyman Stone (202) 720-0683 [email protected]


http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7

http://apps.fas.usda.gov/psdonline/psdHome.aspx

http://apps.fas.usda.gov/gats/default.aspx

http://apps.fas.usda.gov/esrquery/

http://gain.fas.usda.gov/Pages/Default.aspx

http://www.usda.gov/oce/commodity/wasde/

http://www.ers.usda.gov/topics/crops

http://www.nass.usda.gov/Publications/

mailto:[email protected]

mailto:[email protected]

Summary of Changes in estimates and Forecasts from Last Month

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg

Year

Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Argentina

45000-50-5000 2015/16

Australia

0000000029 2015/16

Bangladesh

0-1000-1000-100000 2015/16

Brazil

100-1000-10000000 2014/15

-1000001000-10010015 2015/16

Burkina

350000035050 2015/16

Chad

5000100150-30 2015/16

China

-500500050000000 2015/16

Colombia

000000001 2005/06

Cote d'Ivoire

000000001 2014/15

-50000-1500-2000-10 2015/16

Egypt

10-300-3000-2000 2015/16

Greece

-154000150-4000 2008/09

-133000-25-40-1540 2009/10

-133000000-1330 2010/11

-133000000-1330 2011/12

-1360000-30-1330 2012/13

-15320200030-1360 2013/14

-17320200000-1530 2014/15

-1281520-50060-173-5 2015/16

India

-350000250-100000 2015/16


Summary of Changes in estimates and Forecasts from Last Month (Continued)

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg

Year

Area

Harvested

Beginning

Stocks


Cons.

Ending

Stocks

Indonesia

0-4000-4000-400000 2015/16

Malaysia

1315015028000 2008/09

8505000130 2009/10

-3275075035080 2010/11

161500150-19800-320 2011/12

551000100-391000160 2012/13

-5500060-500550 2013/14

-1400000-850-550 2014/15

-135000-25-200-1400 2015/16

Mali

-3000000-3002 2014/15

60000-2000-110-30-35 2015/16

Mauritius

510010015000 2015/16

Mexico

-4700000-4701 2014/15

-8900000-42-470 2015/16

Pakistan

10050005000600000 2015/16

Senegal

-500000-500 2015/16

Spain

20000002000 2015/16

Turkey

50-1000-1000-50000 2015/16

United States

-10057570030-7300 2015/16

World

World

000000001 2005/06

-1411501515024000 2008/09


Summary of Changes in estimates and Forecasts from Last Month (Continued)

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg

Year

Area

Harvested

Beginning

Stocks


Cons.

Ending

Stocks

-125505-25-40-1410 2009/10

-165750750350-1250 2010/11

-1171500150-19800-1650 2011/12

-811000100-39970-1170 2012/13

-2082020060-470-810 2013/14

-290-8020-1000-85-77-2084 2014/15

-1,12745277375-65-30-420-29014 2015/16


Table 01 Cotton World Supply, Use, and Trade (Season Beginning August 1)

(1000 MT)

2011/12 2012/13 2013/14 2014/15

Mar

2015/16

Apr

2015/16

Production none

6,314 India 6,205 6,750 6,423 5,835 5,835

7,403 China 7,620 7,131 6,532 5,182 5,182

3,391 United States 3,770 2,811 3,553 2,818 2,802

2,308 Pakistan 2,025 2,068 2,308 1,524 1,524

1,894 Brazil 1,306 1,742 1,524 1,459 1,437

871 Uzbekistan 1,002 893 849 806 806

749 Turkey 577 501 697 577 577

4,813 Other 4,466 4,321 4,040 3,620 3,567

27,743 Total 26,971 26,216 25,925 21,821 21,729

USE Dom. Consumption none

8,274 China 7,838 7,512 7,185 6,967 7,076

4,235 India 4,736 5,062 5,334 5,334 5,334

2,177 Pakistan 2,341 2,264 2,308 2,090 2,199

1,219 Turkey 1,317 1,372 1,393 1,393 1,372

806 Bangladesh 1,023 1,154 1,197 1,274 1,252

365 Vietnam 490 697 893 1,110 1,110

718 United States 762 773 778 784 784

4,905 Other 5,113 5,100 4,904 4,826 4,733

22,699 Total 23,619 23,933 23,993 23,779 23,860

Imports none

740 Bangladesh 1,089 1,154 1,176 1,252 1,230

354 Vietnam 525 697 936 1,132 1,132

5,341 China 4,426 3,075 1,804 1,089 1,089

519 Turkey 804 924 800 827 816

196 Pakistan 392 261 182 501 631

544 Indonesia 683 651 728 675 588

275 Thailand 329 337 321 310 310

1,928 Other 2,130 1,879 1,810 1,817 1,799

9,897 Total 10,377 8,977 7,757 7,603 7,596

Exports none

2,550 United States 2,836 2,293 2,449 2,068 2,068

2,412 India 1,690 2,016 914 1,197 1,252

1,043 Brazil 938 486 851 914 936

1,010 Australia 1,343 1,056 521 599 599

544 Uzbekistan 697 588 533 501 501

142 Burkina 261 272 245 283 283

136 Mali 196 174 163 261 218

2,148 Other 2,162 2,014 2,026 1,775 1,728

9,986 Total 10,122 8,899 7,702 7,599 7,585

Ending Stocks none

6,767 China 10,965 13,653 14,788 14,048 13,939

2,312 India 2,568 2,495 2,936 2,435 2,359

1,740 Brazil 1,263 1,670 1,640 1,509 1,488

729 United States 827 512 806 784 762

617 Pakistan 590 539 617 492 514

829 Australia 522 393 387 347 347

270 Turkey 286 295 347 304 315

2,912 Other 2,935 2,839 2,836 2,581 2,532

16,177 Total 19,957 22,396 24,358 22,500 22,255


Table 02 Cotton World Supply, Use, and Trade (Season Beginning August 1)

(1000 Bales)

2011/12 2012/13 2013/14 2014/15

Mar

2015/16

Apr

2015/16

Production none

8,700 Brazil 6,000 8,000 7,000 6,700 6,600

34,000 China 35,000 32,750 30,000 23,800 23,800

29,000 India 28,500 31,000 29,500 26,800 26,800

10,600 Pakistan 9,300 9,500 10,600 7,000 7,000

3,440 Turkey 2,650 2,300 3,200 2,650 2,650

15,573 United States 17,314 12,909 16,319 12,943 12,870

4,000 Uzbekistan 4,600 4,100 3,900 3,700 3,700

22,107 Other 20,511 19,847 18,554 16,628 16,381

127,420 Total 123,875 120,406 119,073 100,221 99,801

USE Dom. Consumption none

3,700 Bangladesh 4,700 5,300 5,500 5,850 5,750

4,000 Brazil 4,100 4,200 3,400 3,200 3,200

38,000 China 36,000 34,500 33,000 32,000 32,500

19,450 India 21,750 23,250 24,500 24,500 24,500

2,450 Indonesia 3,050 3,050 3,250 3,150 2,750

1,700 Mexico 1,800 1,850 1,850 1,900 1,900

10,000 Pakistan 10,750 10,400 10,600 9,600 10,100

5,600 Turkey 6,050 6,300 6,400 6,400 6,300

3,300 United States 3,500 3,550 3,575 3,600 3,600

1,675 Vietnam 2,250 3,200 4,100 5,100 5,100

14,379 Other 14,532 14,324 14,025 13,914 13,889

104,254 Total 108,482 109,924 110,200 109,214 109,589

Imports none

3,400 Bangladesh 5,000 5,300 5,400 5,750 5,650

24,533 China 20,327 14,122 8,284 5,000 5,000

2,500 Indonesia 3,137 2,989 3,345 3,100 2,700

1,170 Korea, South 1,314 1,286 1,321 1,300 1,300

1,000 Mexico 950 1,040 830 975 975

900 Pakistan 1,800 1,200 835 2,300 2,900

863 Taiwan 941 857 873 875 875

1,263 Thailand 1,511 1,546 1,475 1,425 1,425

2,382 Turkey 3,692 4,246 3,675 3,800 3,750

1,625 Vietnam 2,410 3,200 4,300 5,200 5,200

5,822 Other 6,579 5,446 5,289 5,194 5,114

45,458 Total 47,661 41,232 35,627 34,919 34,889

Exports none

4,640 Australia 6,168 4,852 2,393 2,750 2,750

275 Benin 400 525 675 675 675

4,792 Brazil 4,307 2,230 3,910 4,200 4,300

650 Burkina 1,200 1,250 1,125 1,300 1,300

1,100 Greece 1,100 1,285 1,168 900 900

11,080 India 7,761 9,261 4,199 5,500 5,750

625 Mali 900 800 750 1,200 1,000

700 Turkmenistan 800 1,625 1,500 1,000 1,000

11,714 United States 13,026 10,530 11,246 9,500 9,500

2,500 Uzbekistan 3,200 2,700 2,450 2,300 2,300

7,790 Other 7,629 5,815 5,960 5,576 5,361

45,866 Total 46,491 40,873 35,376 34,901 34,836

Ending Stocks none

3,807 Australia 2,399 1,807 1,779 1,594 1,594

7,993 Brazil 5,801 7,668 7,532 6,932 6,832

31,081 China 50,361 62,707 67,920 64,520 64,020

10,619 India 11,795 11,459 13,486 11,186 10,836

2,835 Pakistan 2,710 2,475 2,835 2,260 2,360

1,241 Turkey 1,315 1,357 1,596 1,396 1,446

3,350 United States 3,800 2,350 3,700 3,600 3,500

13,373 Other 13,479 13,041 13,027 11,854 11,627

74,299 Total 91,660 102,864 111,875 103,342 102,215


Table 04 Cotton Area, Yield, and Production

From last month From last year

MBalesPercent

Yield

(Kilograms per hectare)

Apr 2013/14 MBales

Country / Region

Area

(Million hectares)

Production

(Million 480 lb. bales)

Change in Production

2013/14

Prel.

2014/15 Mar Mar

Prel.

2014/15 Apr

Prel.

2014/15 Mar Apr Percent

2015/16 Proj.2015/16 Proj. 2015/16 Proj.

2013/14

32.79World -16.19-19.27-0.42-0.4299.8034.03 30.92 30.93 799 762 706 702 120.41 119.07 100.22

3.05United States -21.13-3.45-0.56-0.0712.873.78 3.26 3.26 921 939 864 859 12.91 16.32 12.94

29.74Total Foreign -15.40-15.82-0.40-0.3586.9330.24 27.66 27.67 787 740 687 684 107.50 102.75 87.28

none

Western Hemisphere

1.12 Brazil -5.71-0.40-1.49-0.106.601.02 0.95 0.97 1,555 1,494 1,536 1,489 8.00 7.00 6.70

0.12 Mexico -31.16-0.41-4.42-0.040.910.18 0.13 0.13 1,652 1,578 1,591 1,521 0.93 1.32 0.95

0.56 Argentina -9.09-0.100.000.001.000.48 0.45 0.45 474 499 489 489 1.22 1.10 1.00

0.02 Paraguay 0.000.000.000.000.030.02 0.02 0.02 381 348 348 348 0.04 0.03 0.03

0.04 Peru -11.76-0.010.000.000.110.03 0.02 0.02 1,008 997 994 994 0.16 0.12 0.11

0.03 Colombia -19.51-0.020.000.000.100.03 0.02 0.02 885 837 1,026 1,026 0.13 0.12 0.10

Africa

0.65 Burkina -8.52-0.122.920.041.240.66 0.63 0.68 421 445 418 398 1.25 1.35 1.20

0.45 Mali -4.81-0.05-10.00-0.110.990.54 0.58 0.55 411 419 413 396 0.85 1.04 1.10

0.45 Cote d'Ivoire -29.82-0.26-25.00-0.200.600.42 0.41 0.40 382 449 425 327 0.78 0.86 0.80

0.22 Cameroon -2.83-0.020.000.000.520.23 0.22 0.22 495 502 510 510 0.50 0.53 0.52

0.35 Benin -20.00-0.150.000.000.580.35 0.32 0.32 358 451 395 395 0.58 0.73 0.58

0.21 Chad 25.930.074.620.020.340.26 0.32 0.29 168 231 221 255 0.16 0.27 0.33

0.13 Togo -15.91-0.040.000.000.190.13 0.11 0.11 261 383 366 366 0.15 0.22 0.19

0.03 Senegal 20.000.01-7.69-0.010.060.03 0.04 0.04 381 435 404 373 0.06 0.05 0.07

0.13 Egypt -39.05-0.21-5.88-0.020.320.16 0.10 0.10 729 728 740 697 0.44 0.53 0.34

0.26 Zimbabwe -24.32-0.050.000.000.140.18 0.16 0.16 224 224 191 191 0.26 0.19 0.14

0.29 Nigeria 25.000.050.000.000.250.22 0.24 0.24 199 203 227 227 0.26 0.20 0.25

Asia Oceania

4.80 China -20.67-6.200.000.0023.804.40 3.40 3.40 1,486 1,484 1,524 1,524 32.75 30.00 23.80

11.70 India -9.15-2.700.000.0026.8012.70 11.80 11.80 577 506 494 494 31.00 29.50 26.80

2.90 Pakistan -33.96-3.600.000.007.002.95 2.80 2.80 713 782 544 544 9.50 10.60 7.00

0.14 Kazakhstan -16.67-0.040.000.000.200.13 0.10 0.10 536 408 440 440 0.34 0.24 0.20

0.19 Tajikistan -16.25-0.070.000.000.340.18 0.15 0.15 516 498 486 486 0.45 0.40 0.34

0.58 Turkmenistan -14.75-0.230.000.001.300.55 0.50 0.50 587 609 566 566 1.55 1.53 1.30

1.30 Uzbekistan -5.13-0.200.000.003.701.29 1.29 1.29 687 661 627 627 4.10 3.90 3.70

0.33 Turkey -17.19-0.550.000.002.650.43 0.37 0.37 1,517 1,620 1,559 1,559 2.30 3.20 2.65

0.44 Australia 8.700.200.000.002.500.21 0.29 0.31 2,047 2,443 1,910 1,733 4.10 2.30 2.50

0.10 Syria -8.33-0.030.000.000.280.06 0.05 0.05 1,306 1,089 1,197 1,197 0.60 0.30 0.28

0.30 Burma -5.03-0.050.000.000.850.30 0.29 0.29 646 650 649 649 0.89 0.90 0.85

Europe

0.25 Greece -21.46-0.286.320.061.010.28 0.25 0.25 1,217 1,007 827 898 1.37 1.29 0.95

1.69Others -13.93-0.410.790.022.551.88 1.67 1.67 360 344 329 332 2.80 2.97 2.53

Note: Yeild for Total Foreign and Others is an incorrect calculation.


(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2015/16

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 400501038545 Afghanistan 13

15 00162011 Albania 4

25 00252900 Algeria 4

3 3051052 Angola 2

15 32506502,3121,000445 Argentina 1,337

0 000000 Armenia 0

0 2,750-100354,2792,500314 Australia 1,594

23 30202600 Austria 3

0 00701057023 Azerbaijan 35

50 00505800 Bahrain 8

5,650 0105,7507,05612545 Bangladesh 1,296

50 00506000 Belarus 10

60 250356900 Belgium-Luxembour 9

0 675015918580320 Benin 228

6 002032145 Bolivia 12

50 4,300-1503,20014,1826,600965 Brazil 6,832

22 003240102 Bulgaria 8

0 1,3000151,7001,235675 Burkina 385

50 509001,164850285 Burma 259

1 001200 Cambodia 1

0 550020715515220 Cameroon 145

3 002300 Canada 1

0 2805433034 Central African Republic 10

0 335010416340290 Chad 71

0 000000 Chile 0

5,000 200032,50096,72023,8003,400 China 64,020

160 552403149921 Colombia 64

2 0017211530 Congo (Kinshasa) 4

5 006811 Costa Rica 2

0 650030885600400 Cote d'Ivoire 205

0 000000 Croatia 0

10 00141644 Cuba 2

0 000000 Cyprus 0

15 00151800 Czech Republic 3

0 000000 Denmark 0


(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2015/16 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

1 004534 Dominican Republic 1

55 00658193 Ecuador 16

450 15010620959320100 Egypt 179

155 0015519811 El Salvador 43

0 000000 Estonia 0

60 00245295188130 Ethiopia 50

75 150609000 France 15

215 30018524400 Germany 29

0 15010322816 Ghana 7

10 90050951,1841,010245 Greece 139

110 0011513632 Guatemala 21

0 1400171412 Guinea 3

5 00101157 Haiti 1

20 00242942 Honduras 5

0 000000 Hong Kong 0

4 301500 Hungary 1

800 5,750024,50041,08626,80011,800 India 10,836

2,700 702,7503,30253 Indonesia 545

250 100550685300110 Iran 125

30 0060803020 Iraq 20

2 002200 Ireland 0

2 650487739 Israel 18

225 15021025100 Italy 26

300 0030034000 Japan 40

0 130010032820099 Kazakhstan 98

15 0035461821 Kenya 11

95 001502055519 Korea, North 55

1,300 501,3001,60400 Korea, South 299

0 4002474015 Kyrgyzstan 5

1 100200 Latvia 1

3 003400 Lebanon 1

50 00506500 Lesotho 15

0 000000 Lithuania 0

5 005600 Macedonia 1

0 10050716030 Madagascar 11


(1,000 HA and 1000 480-lb. Bales)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 18005281150125 Malawi 96

230 25021027600 Malaysia 41

0 1,0000251,526990545 Mali 501

110 0010512900 Mauritius 24

975 150251,9002,576908130 Mexico 501

35 00354700 Moldova 12

75 008511011 Morocco 25

0 1000517590110 Mozambique 70

8 0081000 Netherlands 2

0 90112104 Nicaragua 2

0 5041395 Niger 4

50 600240379250240 Nigeria 79

2,900 2502510,10012,7357,0002,800 Pakistan 2,360

0 000000 Panama 0

5 13025523220 Paraguay 14

300 5040059510523 Peru 190

60 00607321 Philippines 13

19 00192200 Poland 3

155 0015519400 Portugal 39

2 002300 Romania 1

315 0032038900 Russia 69

0 5005686035 Senegal 13

8 0081000 Serbia 2

5 700800 Singapore 1

0 000000 Slovakia 0

6 006800 Slovenia 2

3 001011712 Somalia 1

90 450952315010 South Africa 91

15 22502529626063 Spain 46

8 00131755 Sri Lanka 4

0 8008526413050 Sudan 99

0 000000 Sweden 0

15 00151800 Switzerland 3

0 150015036927550 Syria 69

875 008751,08900 Taiwan 214


(1,000 HA and 1000 480-lb. Bales)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 375030617335150 Tajikistan 212

0 850175689270400 Tanzania 429

1,425 0251,4001,64421 Thailand 219

0 200015257185110 Togo 42

30 004053102 Tunisia 13

3,750 25006,3007,9962,650370 Turkey 1,446

0 1,00007252,1541,300500 Turkmenistan 429

0 80051458055 Uganda 60

10 00101200 Ukraine 2

2 200300 United Kingdom 1

40 9,500103,60016,61012,8703,261 United States 3,500

0 000000 Uruguay 0

0 2,30001,5754,8483,7001,285 Uzbekistan 973

15 001001248515 Venezuela 24

5,200 005,1005,90431 Vietnam 804

0 1030373218 Yemen 6

0 18505356160200 Zambia 166

0 1501530309140160 Zimbabwe 114

World

34,889 34,836-75109,589246,56599,80130,932 World 102,215


(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2015/2016

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 9011221910 Afghanistan 3

3 003400 Albania 1

5 005600 Algeria 1

1 101210 Angola 0

3 71014250321897 Argentina 291

0 000000 Armenia 0

0 599-22893254468 Australia 347

5 104600 Austria 1

0 001523155 Azerbaijan 8

11 00111300 Bahrain 2

1,230 021,2521,5362710 Bangladesh 282

11 00111300 Belarus 2


0 1470320012670 Benin 50

1 004731 Bolivia 3

11 936-336973,0881,437210 Brazil 1,488

5 007920 Bulgaria 2

0 28303370269147 Burkina 84

11 1019625318562 Burma 56

0 000000 Cambodia 0

0 1200415611248 Cameroon 32

1 000100 Canada 0


0 7302917463 Chad 15

0 000000 Chile 0

1,089 4407,07621,0595,182740 China 13,939

35 115268225 Colombia 14



0 1420719313187 Cote d'Ivoire 45

0 000000 Croatia 0

2 003311 Cuba 0

0 000000 Cyprus 0


0 000000 Denmark 0


(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2015/2016 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country


12 00141821 Ecuador 3

98 3321352097022 Egypt 39

34 00344300 El Salvador 9

0 000000 Estonia 0

13 0053644128 Ethiopia 11

16 30132000 France 3

47 70405300 Germany 6

0 302763 Ghana 2

2 196112125822053 Greece 30

24 00253010 Guatemala 5

0 300433 Guinea 1

1 002212 Haiti 0

4 005610 Honduras 1

0 000000 Hong Kong 0

1 100100 Hungary 0

174 1,25205,3348,9465,8352,569 India 2,359

588 2059971911 Indonesia 119

54 201201496524 Iran 27

7 00131774 Iraq 4

0 000000 Ireland 0

0 140119162 Israel 4

49 30465500 Italy 6

65 00657400 Japan 9

0 28022714422 Kazakhstan 21

3 0081045 Kenya 2

21 003345124 Korea, North 12

283 1028334900 Korea, South 65


0 000000 Latvia 0

1 001100 Lebanon 0

11 00111400 Lesotho 3



0 201115137 Madagascar 2


(1000 MT and 1000 HA)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 3901613327 Malawi 21

50 50466000 Malaysia 9

0 21805332216119 Mali 109

24 00232800 Mauritius 5

212 33541456119828 Mexico 109

8 0081000 Moldova 3

16 00192400 Morocco 5

0 2201382024 Mozambique 15



0 101321 Niger 1

11 13052835452 Nigeria 17

631 5452,1992,7731,524610 Pakistan 514

0 000000 Panama 0

1 3051174 Paraguay 3

65 1087130235 Peru 41


4 004500 Poland 1

34 00344200 Portugal 8

0 000100 Romania 0

69 00708500 Russia 15

0 110115138 Senegal 3

2 002200 Serbia 0


0 000000 Slovakia 0

1 001200 Slovenia 0

1 002223 Somalia 0

20 1002150112 South Africa 20

3 4905645714 Spain 10

2 003411 Sri Lanka 1

0 17019572811 Sudan 22

0 000000 Sweden 0


0 33033806011 Syria 15

191 0019123700 Taiwan 47


(1000 MT and 1000 HA)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 82071347333 Tajikistan 46

0 190381505987 Tanzania 93

310 0530535800 Thailand 48

0 4403564024 Togo 9

7 0091220 Tunisia 3

816 5401,3721,74157781 Turkey 315

0 2180158469283109 Turkmenistan 93

0 1701321712 Uganda 13

2 002300 Ukraine 0


9 2,06827843,6162,802710 United States 762

0 000000 Uruguay 0

0 50103431,056806280 Uzbekistan 212

3 002227193 Venezuela 5

1,132 001,1101,28510 Vietnam 175

0 007874 Yemen 1

0 4001783544 Zambia 36

0 3337673035 Zimbabwe 25

World

7,596 7,585-1623,86053,68421,7296,735 World 22,255


(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2014/2015

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 400501088545 Afghanistan 18

15 00162011 Albania 4

25 00252900 Algeria 4

3 3051052 Angola 2

11 38606502,3331,100480 Argentina 1,297

0 000000 Armenia 0

0 2,393-100354,1072,300205 Australia 1,779

20 30192500 Austria 3

0 00701057023 Azerbaijan 35

41 00505800 Bahrain 8

5,400 0105,5006,79112043 Bangladesh 1,281

44 00506000 Belarus 10


0 6750151,028725350 Benin 338

3 002032145 Bolivia 12

24 3,910-1503,40014,6927,0001,020 Brazil 7,532

22 003240102 Bulgaria 8

0 1,1250151,6051,350660 Burkina 465

5 509001,169895300 Burma 264

1 001200 Cambodia 1

0 450020670530230 Cameroon 200

2 003300 Canada 0


0 220010306270255 Chad 76

0 001100 Chile 0

8,284 71033,000100,99130,0004,400 China 67,920

113 13524031312332 Colombia 55



0 8500301,165855415 Cote d'Ivoire 285

0 001100 Croatia 0

10 00141644 Cuba 2

0 000000 Cyprus 0


0 000000 Denmark 0


(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2014/2015 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country


57 00708793 Ecuador 17

335 200106501,049525157 Egypt 189

146 0015519711 El Salvador 42

0 000000 Estonia 0

60 50215267184130 Ethiopia 47

75 130608800 France 15

207 28019024700 Germany 29

0 15015342816 Ghana 4

15 1,168501001,4821,286278 Greece 164

111 0011513832 Guatemala 23

0 1400171412 Guinea 3

5 00101157 Haiti 1

20 00242942 Honduras 5

5 123805000 Hong Kong 0

5 401600 Hungary 1

1,226 4,199024,50042,18529,50012,700 India 13,486

3,345 703,2503,85496 Indonesia 597

225 100550695300110 Iran 135

30 0060803020 Iraq 20

1 001100 Ireland 0

2 650481668 Israel 12

226 15021025100 Italy 26

297 0030034000 Japan 40

0 200095423240128 Kazakhstan 128

5 0035483238 Kenya 13

95 001502055519 Korea, North 55

1,321 701,3001,61100 Korea, South 304


1 100200 Latvia 1

3 003400 Lebanon 1

40 00355000 Lesotho 15



0 10050716030 Madagascar 11


(1,000 HA and 1000 480-lb. Bales)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 14005276180145 Malawi 131

280 81020032700 Malaysia 46

0 7500251,3111,040540 Mali 536

87 009010900 Mauritius 19

830 165251,8502,7331,319182 Mexico 693

35 00354700 Moldova 12

169 0016920311 Morocco 34

0 12005210125120 Mozambique 85



0 5041395 Niger 4

50 500220349200215 Nigeria 79

835 4502510,60013,91010,6002,950 Pakistan 2,835

0 000000 Panama 0

6 12025523220 Paraguay 15

246 6040059611926 Peru 190


19 00192200 Poland 3

159 0015519400 Portugal 39

2 002300 Romania 1

325 0033540900 Russia 74

0 5005635025 Senegal 8

8 0081000 Serbia 2

10 12001500 Singapore 3

0 000000 Slovakia 0

6 006800 Slovenia 2

3 001011712 Somalia 1

91 320992228817 South Africa 91

16 36302040434075 Spain 21

8 00131755 Sri Lanka 4

0 6008027421090 Sudan 134

0 000000 Sweden 0


0 175020046930060 Syria 94

873 008751,08900 Taiwan 214


(1,000 HA and 1000 480-lb. Bales)


Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 455040777400175 Tajikistan 282

0 1200175714311400 Tanzania 419

1,475 0251,4751,71721 Thailand 217

0 175015262220125 Togo 72

30 004053102 Tunisia 13

3,675 23606,4008,2323,200430 Turkey 1,596

0 1,50007003,0541,525545 Turkmenistan 854

0 70051408055 Uganda 65

10 00101200 Ukraine 2


12 11,2461603,57518,68116,3193,783 United States 3,700

0 001100 Uruguay 0

0 2,45001,5505,1483,9001,285 Uzbekistan 1,148

15 001001248515 Venezuela 24

4,300 004,1004,80131 Vietnam 701

0 1030363218 Yemen 5

0 18505386240290 Zambia 196

0 2001530414185180 Zimbabwe 169

World

35,627 35,376113110,200257,564119,07334,026 World 111,875


(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2014/2015

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductio

n

Beginning

Stocks

Country

19 90110510 Afghanistan 4

0 003310 Albania 1

0 005510 Algeria 1

1 101100 Angola 0

239 8401422266105 Argentina 282

0 000000 Armenia 0

501 521-228039345 Australia 387

0 104410 Austria 1

15 0015085 Azerbaijan 8

0 0011940 Bahrain 2

26 021,1971,1762779 Bangladesh 279

0 00111030 Belarus 2


158 1470306676 Benin 74

3 004131 Bolivia 3

1,524 851-3374051,670222 Brazil 1,640

2 007520 Bulgaria 2

294 24503056144 Burkina 101

195 1019615965 Burma 57

0 000000 Cambodia 0

115 980403050 Cameroon 44

0 001000 Canada 0


59 48020856 Chad 17

0 000000 Chile 0

6,532 1507,1851,80413,653958 China 14,788

27 315225177 Colombia 12



186 1850706790 Cote d'Ivoire 62

0 000000 Croatia 0

1 003201 Cuba 0

0 000000 Cyprus 0


0 000000 Denmark 0


(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2014/2015 (Continued)

Area

Harvested

Ending

Stocks


n

Beginning

Stocks

Country


2 00151251 Ecuador 4

114 442142734134 Egypt 41

0 003432110 El Salvador 9

0 000000 Estonia 0

40 104713528 Ethiopia 10

0 30131630 France 3

0 60414590 Germany 6

6 303013 Ghana 1

280 254112233961 Greece 36

1 00252450 Guatemala 5

3 300013 Guinea 1

1 002102 Haiti 0

1 005410 Honduras 1

0 3801100 Hong Kong 0

0 100100 Hungary 0

6,423 91405,3342672,4952,765 India 2,936

2 207087281091 Indonesia 130

65 20120493724 Iran 29

7 0013744 Iraq 4

0 000000 Ireland 0

14 1401032 Israel 3

0 30464950 Italy 6

0 00656590 Japan 9

52 4402104028 Kazakhstan 28

7 008128 Kenya 3

12 003321124 Korea, North 12

0 20283288630 Korea, South 66


0 000000 Latvia 0

0 001100 Lebanon 0

0 008920 Lesotho 3



13 2011027 Madagascar 2


(1,000 Metric Tons)


Area

Harvested

Ending

Stocks


n

Beginning

Stocks

Country

39 300102132 Malawi 29

0 1804461100 Malaysia 10

226 16305059118 Mali 117

0 00201950 Mauritius 4

287 36540318112740 Mexico 151

0 008830 Moldova 3

0 00373770 Morocco 7

27 260101926 Mozambique 19



2 101011 Niger 1

44 11048112247 Nigeria 17

2,308 9852,308182539642 Pakistan 617

0 000000 Panama 0

7 305134 Paraguay 3

26 108754506 Peru 41


0 004410 Poland 1

0 00343580 Portugal 8

0 000000 Romania 0

0 007371180 Russia 16

11 1101035 Senegal 2


0 000000 Slovakia 0

0 001100 Slovenia 0

2 002103 Somalia 0

19 70222094 South Africa 20

74 790431016 Spain 5

1 003211 Sri Lanka 1

46 1301701420 Sudan 29

0 000000 Sweden 0


65 3804403713 Syria 20

0 00191190470 Taiwan 47

87 990908238 Tajikistan 61


(1,000 Metric Tons)


Area

Harvested

Ending

Stocks


n

Beginning

Stocks

Country

68 2603808887 Tanzania 91

0 05321321520 Thailand 47

48 38030927 Togo 16

2 009730 Tunisia 3

697 5101,39380029594 Turkey 347

332 32701520333119 Turkmenistan 186

17 150101312 Uganda 14

0 002200 Ukraine 0


3,553 2,449357783512824 United States 806

0 000000 Uruguay 0

849 53303370272280 Uzbekistan 250

19 0022353 Venezuela 5

1 008939361080 Vietnam 153

7 007014 Yemen 1

52 400103263 Zambia 43

40 443705039 Zimbabwe 37

World

25,925 7,7022523,9937,75722,3967,408 World 24,358


Table 09: World Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg

Year

Beginning

Stocks

Area

Harvested

Production Imports Total

Supply

Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Stock to

Use %

World

5942,12671,29047470,81627,200140,61627,62988,70633,74124,281 1984/85

6347,58975,58225275,33028,078151,24928,98180,14231,58142,126 1985/86

4335,41782,27417982,09533,350151,04133,09370,35929,34747,589 1986/87

3932,60984,68053484,14630,103147,39230,52981,44630,87135,417 1987/88

3631,05085,88064285,23833,481150,41133,58284,22033,83132,609 1988/89

2924,97887,13923486,90531,357143,47432,70379,72131,69631,050 1989/90

3227,46785,69417085,52429,560142,72130,57887,16533,15324,978 1990/91

4336,96586,55636886,18828,204151,72529,02495,23434,75827,467 1991/92

4034,50486,4006386,33725,435146,33927,06782,30732,64336,965 1992/93

3327,82785,70314385,56026,620140,15027,96777,67930,71834,504 1993/94

3832,01484,292-33084,62228,118144,42430,30086,29732,25027,827 1994/95

4740,12985,396-54485,94027,396152,92127,00493,90335,92032,014 1995/96

5144,63387,351-58587,93626,777158,76128,57990,05333,74040,129 1996/97

5749,46786,686-58187,26726,777162,93025,92992,36833,79744,633 1997/98

6252,85283,651-1,11484,76523,517160,02024,48086,07332,88549,467 1998/99

5651,14090,485-60291,08727,126168,75127,97687,92332,35052,852 1999/00

5449,57090,754-1,42492,17826,156166,48026,22989,11132,01251,140 2000/01

5854,68293,636-78194,41729,081177,39929,32298,50733,71949,570 2001/02

4947,88397,658-80498,46230,400175,94130,23391,02630,77954,682 2002/03

4948,42697,174-90998,08333,152178,75234,17596,69432,26347,883 2003/04

5661,004107,975-1,245109,22034,949203,92833,985121,51735,75948,426 2004/05

5361,940115,168-1,793116,96144,922222,03044,693116,33334,50361,004 2005/06

5163,309122,548-1,715124,26337,401223,25838,305123,01334,71361,940 2006/07

5162,768121,688-2,094123,78238,893223,34939,463120,57732,88963,309 2007/08

5762,579108,858-1,536110,39430,252201,68930,621108,30030,63062,768 2008/09

4047,657119,531-62119,59335,664202,85236,914103,35930,23362,579 2009/10

4451,171115,5939115,58434,821201,58536,298117,63033,71347,657 2010/11

7174,299103,884-370104,25445,866224,04945,458127,42036,09751,171 2011/12

8491,660107,684-798108,48246,491245,83547,661123,87534,42074,299 2012/13

94102,864109,561-363109,92440,873253,29841,232120,40632,79191,660 2013/14

102111,875110,313113110,20035,376257,56435,627119,07334,026102,864 2014/15

93102,215109,514-75109,58934,836246,56534,88999,80130,932111,875 2015/16


Table 10: United States Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg

Year

Area

Harvested

Yield Beginning

Stocks


Supply

Exports Use Loss Ending

Stocks

Stock to

Use %

United States

193,000-1436,5069,22918,592514,6293,9586135,193 1979/80

232,668-3355,8915,92614,1502811,1223,0004535,348 1980/81

566,632-1235,2646,56718,3402615,6462,6686085,601 1981/82

747,937-425,5135,20718,6152011,9636,6326613,939 1982/83

222,7752385,9216,78615,720127,7717,9375692,973 1983/84

354,102-745,5386,21515,7812412,9822,7756734,200 1984/85

1129,348-1546,4131,96017,5673313,4324,1027064,140 1985/86

365,026-807,4526,68419,08239,7319,3486183,427 1986/87

415,771-1827,6176,58219,788214,7605,0267924,059 1987/88

517,0921657,7826,14821,187515,4115,7716944,835 1988/89

183,000-1638,7597,69419,290212,1967,0926883,860 1989/90

142,344-2858,6577,79318,509415,5053,0007114,748 1990/91

233,70489,6136,64619,9711317,6142,3447315,245 1991/92

304,662-19010,2505,20119,923116,2183,7047854,501 1992/93

203,530-810,4186,86220,802616,1344,6626795,173 1993/94

132,650-3811,1989,40223,2122019,6623,5307945,391 1994/95

142,6092710,6477,67520,95840817,9002,6506026,478 1995/96

223,971-811,1266,86521,95440318,9422,6097915,216 1996/97

213,8874111,3497,50022,7771318,7933,9717545,425 1997/98

273,939-39410,4014,29818,24443913,9183,8877014,324 1998/99

233,91514510,1946,75021,0049716,9683,9396805,433 1999/00

386,000-4838,8626,74021,1191617,1883,9157085,282 2000/01

407,4481807,69611,00026,3242120,3036,0007905,596 2001/02

285,3851667,27311,90024,7246717,2097,4487465,025 2002/03

173,4502116,26613,75823,6854518,2555,3858184,858 2003/04

265,4951086,69114,43626,7302923,2513,4509585,284 2004/05

266,069-2005,87117,67329,4132823,8905,4959315,586 2005/06

539,4793034,93512,95927,6761921,5886,0699125,152 2006/07

5510,0514294,58413,63428,6981219,2079,4799854,245 2007/08

386,337-2633,54113,26122,876012,82510,0519123,063 2008/09

192,947-143,55012,03718,520012,1836,3378703,049 2009/10

142,6001823,90014,37621,058918,1022,9479104,330 2010/11

223,350-1723,30011,71418,1921915,5732,6008863,829 2011/12

233,8003483,50013,02620,6741017,3143,3509993,772 2012/13

172,3502923,55010,53016,7221312,9093,8009213,053 2013/14

253,7001603,57511,24618,6811216,3192,3509393,783 2014/15

273,500103,6009,50016,6104012,8703,7008593,261 2015/16


Table 11: Foreign Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg

Year

Area

Harvested

Yield Beginning

Stocks


Supply

Exports Use Loss Ending

Stocks

Total Foreign

18,23215359,39821,43399,21630,50150,81717,89840927,026 1979/80

17,94130259,13020,33997,71227,22552,25518,23242127,021 1980/81

19,20236258,04519,19796,80625,67253,19317,94142427,337 1981/82

17,51734461,45320,30899,62226,05154,36919,20243127,455 1982/83

21,50625862,75918,547103,07027,04758,50617,51745627,947 1983/84

38,02454865,27820,985124,83527,60575,72421,50655829,541 1984/85

38,24140668,91726,118133,68228,94866,71038,02452927,441 1985/86

30,39125974,64326,666131,95933,09060,62838,24150925,920 1986/87

26,83871676,52923,521127,60430,52766,68630,39154226,812 1987/88

23,95847777,45627,333129,22433,57768,80926,83851728,996 1988/89

21,97839778,14623,663124,18432,70167,52523,95852827,836 1989/90

25,12345576,86721,767124,21230,57471,66021,97854928,405 1990/91

33,26136076,57521,558131,75429,01177,62025,12357329,513 1991/92

29,84225376,08720,234126,41627,06666,08933,26151128,142 1992/93

24,29715175,14219,758119,34827,96161,54529,84252525,545 1993/94

29,364-29273,42418,716121,21230,28066,63524,29754026,859 1994/95

37,520-57175,29319,721131,96326,59676,00329,36456229,442 1995/96

40,662-57776,81019,912136,80728,17671,11137,52054328,524 1996/97

45,580-62275,91819,277140,15325,91673,57540,66256528,372 1997/98

48,913-72074,36419,219141,77624,04172,15545,58055028,561 1998/99

47,225-74780,89320,376147,74727,87970,95548,91357426,917 1999/00

43,570-94183,31619,416145,36126,21371,92347,22558626,730 2000/01

47,234-96186,72118,081151,07529,30178,20443,57060528,123 2001/02

42,498-97091,18918,500151,21730,16673,81747,23462425,754 2002/03

44,976-1,12091,81719,394155,06734,13078,43942,49862327,405 2003/04

55,509-1,353102,52920,513177,19833,95698,26644,97670230,475 2004/05

55,871-1,593111,09027,249192,61744,66592,44355,50969628,917 2005/06

53,826-2,018119,31524,442195,56538,272101,42555,86874729,561 2006/07

52,714-2,523119,18625,259194,63639,440101,37053,82677128,644 2007/08

56,240-1,273106,84516,991178,80330,61495,47552,71475427,567 2008/09

44,709-48116,03723,627184,32536,90991,17656,24073027,184 2009/10

48,570-173111,68020,445180,52236,28599,52844,70973729,383 2010/11

70,948-198100,95034,152205,85245,435111,84748,57075532,268 2011/12

87,859-1,146104,97833,465225,15647,647106,56170,94875730,648 2012/13

100,512-655106,36930,343236,56941,213107,49787,85978729,738 2013/14

108,173-47106,61724,130238,87335,607102,754100,51274030,243 2014/15

98,713-85105,98125,336229,94534,84186,931108,17368427,671 2015/16


Documents

Cotton: World Markets and Trade - Cornell University · 2016. 4. 12. · cotton yarn import demand in China and the progressively more pessimistic outlook for India’s crop (India