TextTable

June 2006 Edition:

Cotton Consumption Higher in India-Subcontinent, Lower in Turkey in 2006/07

USDA’s projected 2006/07 world use of cotton exceeds 122 million 480 lb. bales, with 51 million bales or 42 percent in China. The world excluding China is projected to consume 71.5 million bales, up slightly from 2005/06, with 50 percent of this in India, Pakistan, and Turkey. India’s consumption is projected to grow over 7 percent next year, increasing from 15.8 million bales consumed in 2005/06 to 17 million in 2006/07. Much of this growth can be attributed to strong domestic and export demand for textiles, and ample cotton supplies, which have pushed cotton prices lower. Pakistan’s consumption is projected to increase a more modest 4 percent from 11.7 million bales to 12.2 million in response to continued growth in textile exports. Turkey is projected to be the fourth largest consumer in the world at 6.7 million bales. The strength of the Turkish Lira is forecast to constrain textile exports in 2006/07, reducing cotton use 3 percent. The United States is projected to consume 5.6 million bales in 2006/07, down nearly 7 percent from the projected 6 million bales consumed in 2005/06.

World cotton exports for 2006/07 are projected to remain stable at 43.5 million bales. The United States will account for nearly 39 percent of this, with a projected 16.8 million bales, maintaining the same export level as in 2005/06. India is forecast to be the world’s third leading exporter in 2006/07, increasing an impressive 52 percent over 2005/06. This is driven by a projected 1 million bale increase in production, combined with large beginning stock. Since 2000/01, India has increased production by more than 9 million bales and increased exports from 94 thousand bales to the projected 3.8 million.

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, 2001/2002-2006/2007 (1,000 metric tons) {.pdf}

Table 2: World Cotton Supply, Use and Trade, 2001/2002-2006/2007 (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 2005/2006-2006/2007 {.pdf}

Table 5: Cotton Supply & Distribution by Country 2006/2007 (1,000 480-lb. bales) {.pdf}

Table 5-A: Cotton Supply & Distribution by Country 2006/2007 (1,000 metric tons) {.pdf}

Table 6: Cotton Supply & Distribution by Country 2005/2006 (1,000 480-lb. bales) {.pdf}

Table 6-A: Cotton Supply & Distribution by Country, 2005/2006 (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: Tuesday, August 30, 2005