TextTable

June 2005 Edition:

Indian Subcontinent Mostly Self-sufficient in 2005/06

The expiration of the Multi-Fiber Arrangement will boost cotton use growth in the Indian Subcontinent (India, Pakistan, and Bangladesh) above the world average in MY 2005/06. However, the Subcontinent, the world’s largest consumer of cotton outside China, will remain well over 90 percent self-sufficient, a strong contrast from China, which is forecast to be only 60 percent self-sufficient in MY 2005/06.

World cotton use for MY 2005/06 is forecast at a record 111.5 million 480-lb bales, up 3.2 percent from the current season. Meanwhile, the Subcontinent’s cotton use is expected to grow to a record 28.4 million bales, up 4.7 percent. Collective use for the United States, Canada, and EU-25 is forecast down 8.5 percent to 9.3 million bales for MY 2005/06.

Domestic use will surpass previous records in all three Subcontinent countries: India (15.8 million bales), Pakistan (10.8 million bales), and Bangladesh (1.8 million bales). Each country’s record domestic use is attributed both to larger local consumer demand and exports of textile and apparel products. In addition to having some of the lowest labor costs in the world, receiving zero-duty preferential treatment from the European Union and the removal of the Multi-Fiber Arrangement have made the Subcontinent’s textile and apparel industry very competitive.

Bangladesh imports almost all of its cotton needs. India and Pakistan import predominantly only their Extra Long Staple (ELS) and other superior quality cotton needs. The top supplier, the United States, accounted for 30 percent of the region’s imports in MY 2003/04, excluding intra-trade (12.7 percent). The need for higher quality cotton is likely to keep the demand for U.S. cotton relatively constant.

World and U.S. Cotton Situation and Outlook
Marketing Years 2003/04, 2004/2005, and 2005/06
1,000 480-Lb. Bales
	World				US
	2003/04	2004/2005	2005/2006	% Change 04/05 - 05/06	2003/04	2004/2005	2005/2006	% Change 04/05 - 05/06
Production	95,104	119,606	106,192	-11.2	18,255	23,251	19,500	-16.1
Imports	33,951	32,853	39,236	19.4	45	30	40	33.3
Use	98,292	108,059	111,527	3.2	6,221	6,300	5,800	-7.9
Exports	33,070	33,225	38,893	17.1	13,759	13,000	15,000	15.4
Ending Stocks	37,337	48,742	45,052	-7.8	3,506	7,500	6,200	-17.3

Download Cotton Supply and Demand Database {.csv}

Download Cotton Circular {.pdf}

TABLE OF CONTENTS

Statistical tables contained in this circular may be viewed in Adobe Acrobat format ® {.pdf}.

Tables

Summary of Changes (1,000 480-lb. bales) {.pdf}

Table 1: World Cotton Supply, Use and Trade, 1999/2000-2004/2005 (1,000 metric tons) {.pdf}

Table 2: World Cotton Supply, Use and Trade, 1999/2000-2004/2005 (1,000 480-lb. bales) {.pdf}

Table 3: FY 2002 GSM-102 and Supplier Credit Programs {.pdf}

Table 4: Area, Yield, and Production by Country 2003/2004-2004/2005 {.pdf}

Table 5: Cotton Supply & Distribution by Country 2004/2005 (1,000 480-lb. bales) {.pdf}

Table 5-A: Cotton Supply & Distribution by Country 2004/2005 (1,000 metric tons) {.pdf}

Table 6: Cotton Supply & Distribution by Country 2003/2004 (1,000 480-lb. bales) {.pdf}

Table 6-A: Cotton Supply & Distribution by Country, 2003/2004 (1,000 metric tons) {.pdf}

Table 7: Export Sales Summary {.pdf}

Table 8: Northern European Cotton and Adjusted World Price {.pdf}

Table 9: World Cotton Production, Yield, Supply, and Utilization {.pdf}

Table 10: United States Cotton Production, Yield, Supply, and Utilization {.pdf}

Table 11: Foreign Cotton Production, Yield, Supply, and Utilization {.pdf}

Statistical tables are available in Adobe Acrobat. You may need to GET the Acrobat reader.

Last modified: Sunday, March 17, 2013