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Indonesian cotton imports in 2021/22 increased by 11.7 percent to 2.57 million bales due to increased economic activity following relaxed COVID-19 restrictions. However, due to the global economic slowdown leading to lower demand for Indonesian textiles and products, cotton imports in 2022/23 are forecast to slightly decline to 2.50 million bales.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
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.
U.S. agricultural exports to China in fiscal year (FY) 2022 were $36.4 billion and surpassed the previous year’s record with China as the largest export market for the second consecutive year. Significantly higher agricultural prices and resilient demand helped drive exports above the previous year’s record despite lower volumes for most products.
Post forecasts 2022/23 planted cotton area at 1.66 million hectares (ha), with production at 13.3 million bales (2.89 million metric tons, MMT), about a 13 percent increase from the 2021/22 estimated production of 11.52 million bales (2.5 MMT). Cotton area is forecast to rise because of favorable weather leading to timely first-season soybean planting and improved yields, as well as a favorable outlook for prices and profitability.
Post estimates that cotton planted area in Vietnam continues to shrink to an insignificant amount and pushing the country a step closer to importing 100 percent of cotton....
MY 2017/18 raw cotton production is projected at 130,000 bales on favorable weather and expansion of American Upland cotton planted area; imports are projected to rise by 6.2 million bales....
Post forecasts cotton planted area for 2017/18 to increase to one million hectares based on higher prices and domestic demand.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
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.
Higher cotton prices in MY16/17 and continued government’s subsidies are expected to encourage cotton farmers to moderately expand cotton acreage in MY17/18.
Spanish area planted to cotton for MY 2017/18 will show marginal growth compared to 2016/17 levels.