In the world, cotton fiber is a distinguished fiber that serves as a raw material for textile industries having a yearly significant economic impact of at least $600 billion. The average rate of growth was 3.1 percent per annum. World cotton production reached a record of 26 million tons in 2004/05, and production remained nearly as high in the two years following. J Food Agri Environ 12(1):157–160, Ali H, Hussain GS, Hussain S, Shahzad AN, Ahmad S, Javeed HMR, Sarwar N (2014b) Early sowing reduces cotton leaf curl virus occurrence and improves cotton productivity. world cotton markets for the period 2019-28. Request PDF | World Cotton Production and Consumption: An Overview | Agriculture contributes mainly to national economies specifically in developing countries, and cotton is an important cash crop. China, India, Pakistan, and Bangladesh are the largest cotton consumers in the world, accounting for more than 65% of global consumption. Cite as. Higher production Australia 1,400 1,500 100 and export pace Lower useMexico 200 300 100 and export pace 1,000 Bales (480-lb) 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 Cotton prices stabilized after 2013 as beginning stocks accumulated and production edged downwards. By 1933 Japan introduced 24-hour cotton production and became the world's largest cotton … While cotton production takes place once a year in most countries, consumption takes place throughout the year. The outlook for China shows imports, consumption, and production projected up, while stocks are expected to fall for the fifth consecutive year. In 2018/19, cotton production worldwide amounted to some 118.65 million 480-pound bales. However, recently China’s policy is likely to encourage the cotton mill use as cotton fiber is more competitive within China. In the world, cotton fiber is a distinguished fiber that serves as a raw material for textile industries having a yearly significant economic impact of at least $600 billion. Agriculture contributes mainly to national economies specifically in developing countries, and cotton is an important cash crop. Organic cotton production also has a lower net water use because it uses no chemicals. Nearly 25 million tonnes of cotton are produced worldwide annually. Nearly 25 M tons of total cotton is produced worldwide annually. Its production provides income for more than 250 million people worldwide and employs almost 7% of all labor in developing countries. Who We Are. Cotton consumption in Pakistan has also grown steadily in recent years, benefitting from yarn exporting to China. Cotton: World Markets and Trade FAS This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in cotton. Turkey cotton consumption is likely to rise nearly 2 percent to 6.4 million bales in 2014/15. Encouragingly, India currently produces two-thirds of the world’s organic cotton. When stocks increase (more cotton is grown than consumed in a given year), prices tend to fall. Cotton Supply and Demand World Cotton Production. The two New World cotton species account for the vast majority of modern cotton production, but the two Old World species were widely used before the 1900s. China cotton consumption is forecast to increase to 37 million bales in 2014/15, which is the highest in recent 3 years. Braz J Bot 37(4):407–415, Ahmad S, Abbas Q, Abbas G, Fatima Z, Atique-ur-Rehman, Naz S, Younis H, Khan RJ, Nasim W, Habib ur Rehman M, Ahmad A, Rasul G, Khan MA, Hasanuzzaman M (2017) Quantification of climate warming and crop management impacts on cotton phenology. From August 2019 to July 2020, the global cotton consumption fell by 15 percent as a result of the COVID-19 pandemic. World cotton production and consumption are trending higher, and the industry is being transformed by new technologies, including biotechnology. This service is more advanced with JavaScript available, Cotton Production and Uses The consumption of cotton will also increase in other Asian countries, including Bangladesh, Indonesia, and Thailand. Top ten cotton-producing countries are India, China, the United States, Pakistan, Brazil, Australia, Uzbekistan, Turkey, … Read more Global cotton production volume from 1990/1991 to 2019/2020 (in 1,000 bales)* The south-eastern Brazil is the main producer. View More Cotton is the most widespread profitable non-food crop in the world. This sustained period of consumption growth is projected to lead to a reduction in world stocks over the medium term. Plan Theory 6, 7:1–16, Ahmad S, Iqbal M, Muhammad T, Mehmood A, Ahmad S, Hasanuzzaman M (2018) Cotton productivity enhanced through transplanting and early sowing. The following table shows the supply and demand of cotton from 2005 to 2014. Consumption in Turkey is forecast to fall 4 per cent to 1.3 million tons as mills equipped with old machinery are shut down and cotton’s market share further declines as a result of the price attractiveness of synthetic fibers. Pakistan is the forth largest cotton growing country after China, India and United States, which account for a combined 71 percent of world production in 2014/15. World Cotton Production Estimates Continue to Increase While Consumption Falls By John Johnson Since the beginning of 2015, the U.S. Department of Agriculture twice has raised its estimate of 2014-15 world cotton production and twice lowered its estimate of world consumption resulting in further growth of already burdensome ending stocks. The chapter concludes with a discussion of important risks and uncertainties affecting world cotton markets during the coming ten years. The global cotton consumption has expanded at a CAGR of 3.1% and expected to grow further during 2019-2024. The annual growth rate was only 0.4 percent, far less than during … Pakistan cotton mill use is forecast to rise about 3 percent to 11.8 million bales in 2014/2015, accounting for 11 percent of world cotton consumption. Leadership, organization, and history. Five countries make up around 75% of global cotton production. Pakistan is the forth largest cotton growing country after China, India and United States, which account for a … J Res (Sci) 15(2):191–197, Lee JA, Fang DD (2015) Cotton as a world crop: origin, history, and current status. Not affiliated Approximately half of all textiles are made of cotton. Longman Green and Co, London. Field Crops Res 229:37–43, Usman M, Ahmad A, Ahmad S, Irshad M, Khaliq T, Wajid A, Hussain K, Nasim W, Chattha TM, Trethowan R, Hoogenboom G (2009) Development and application of crop water stress index for scheduling irrigation in cotton (, © Springer Nature Singapore Pte Ltd. 2020, https://cottonaustralia.com.au/cotton-library/fact-sheets/cotton-fact-file-the-world-cotton-market, https://cottonmarketing.tamu.edu/newcrop-fundamentals-outlook-and-caveats/, http://www.thedailyrecords.com/2018-2019-2020-2021/world-famous-top-10-list/world/largest-cotton-producing-countries-world/12785/#1_India_5879_thousand_metric_ton, http://www.worldstopexports.com/cotton-imports-by-country/, In-Service Agricultural Training Institute, Department of Agri. USDA’s first 2019/20 world cotton projections, unveiled last month at the annual Outlook Forum, anticipate that production will exceed consumption, raising world stocks slightly by 1 million bales. World Cotton Consumption But the production remains above expectations for consumption. For many years, China and India have been the major markets for cotton consumption. In that year, cotton production in India amounted to around 5.77 million metric tons. Agric For Meteorol 253-254:94–113, Sawan ZM (2018) Climatic variables: Evaporation, sunshine, relative humidity, soil and air temperature and its adverse effects on cotton production. India’s cotton production to increase while consumption to decrease: CAI At its recent meeting, Cotton Association of India (CAI) increased its cotton production estimates for the 2019-20 season by 19 lakh (1.9 million) bales to 354.50 lakh (35.45 million) bales of 170 kg each. Pak J Life Soc Sci 16:77–84, Ahmad S, Raza I (2014) Optimization of management practices to improve cotton fiber quality under irrigated arid environment. 2014/15 - China, the world's largest cotton importer and is also the biggest producer, produces an estimated 33 million bales. This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in cotton. The same as 27 t-shirts for everyone on Earth. The same as 27 t-shirts for everyone on Earth. World cotton production is expected to grow at a slower pace than consumption during the first few years of the outlook period, reflecting lower prices and releases of global stocks accumulated between 2010 and 2014. World cotton consumption is forecast to grow strongly in 2018–19 and to outpace growth in world production until 2021–22, before world cotton production strengthens to 2023–24. 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