Browse Data and Analysis

Türkiye’s cotton production in marketing year (MY) 2023/24 is forecast to decrease to 755,000 metric tons (MT; 3.5 million bales), since farmers will choose to plant less cotton in response to decreasing cotton prices and rising input costs.

Post increased the forecast for 2023/24 cotton area planted to 1.67 million hectares (ha), an increase of just under one percent from the 1.66 million ha cotton area estimate for 2022/23.

FAS Mumbai forecasts marketing year (MY) 2023/24 India cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous report.

The 2023/24 harvested area estimate is increased slightly based on information collected during recent field travel.

Mali, Burkina Faso, and Senegal area harvested for marketing year (MY) 2023/24 is forecast to remain the same as the previous year at 1.23 million hectares (MHA) based on good farm gate prices, governments’ input subsidies, and farmers’ debt cancellation by the Malian and Senegalese governments.

MY 2014/15 (Aug/July) rainy season started normally in May for most selected countries but a long pause during June and July could reduce countries’ initial targets.

Post forecasts that Zambia’s cotton production will increase by about 25 percent to 50,000 MT in the 2014/15 MY.

Pakistani cotton is currently among lowest-priced cotton in the world.

Post’s MY 2014/15 production forecast is 30.6 million 480 lb. bales, marginally lower than the USDA forecast.

Post’s MY14/15 forecast for cotton production remains unchanged from the previous 6.5 million tons.

Favorable cotton prices relative to synthetic fibers prices, coupled with the expansion of large mills, have led to higher imports and consumption of cotton.

Despite continued water deficit in the South and some pest problems during vegetation in some regions, in general, this year’s weather conditions were favorable for growers.