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Uzbekistan plans to increase its textile exports from $3 billion to $7 billion by 2028, which depends on a stable supply of raw cotton. However, this goal faces challenges as cotton production is under pressure due to various factors.
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.
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 report describes the current trends and developments of the industrial hemp sector in the Netherlands. Key highlight include the Netherlands’ National Approach Biobased Building, a strategy for construction through which it aims to have 30 percent of all newly built houses and utility buildings constructed with at least 30 percent bio-based construction materials by 2030.
Indonesian cotton imports in 2023/24 are forecast to marginally increase by 5.9 percent to 1.8 million bales compared to 1.7 million bales in 2022/23 assuming spinners will use more inventory on hand before making new purchases.
Uzbekistan’s cotton production in marketing year (MY) 2023/24 is estimated at 621,000 metric tons (MT) (2.85 million bales). Cotton consumption in MY 2023/24 is forecast lower year-to-year at 599,000 MT (2.75 million bales) due to lower demand from importer countries like Turkiye and Russia for cotton yarn and fabric.
Post forecasts Vietnam’s cotton imports for marketing year 2023/24 (MY2023/24) at 6.7 million bales based on cotton-yarn exports over the past six months. MY2022/23 cotton imports are estimated at 6.46 million bales, valued at $3.6 billion, according...
Post forecasts marketing year (MY) 2023/24 production at 0.92 million 480-lb bales, a 42 percent decline compared to MY 2022/23 due to higher input costs, drought conditions, power outages, and lack of access to new genetically engineered seed...
Following a delayed start, China’s marketing year (MY) 23/24 cotton harvest concluded in November. Forecast cotton production is unchanged at 5.9 million metric tons (MMT) on lower planted area and yield. Cotton imports surged 114 percent in the...
Marketing year (MY) 2023/24 area harvested for Mali, Burkina Faso, and Senegal is expected to remain the same as the previous year at 1.23 million hectares (MHA), as increases in Mali and Senegal were offset by losses in Burkina Faso due to...
Following USDA’s revision of Brazil’s cotton balance sheet, production estimates moved one year ahead, meaning that Marketing Year (MY) 2023/24 cotton is equivalent to production bales entering the market in 2023, and not 2024. Post maintained its...
Post lowers the forecast for marketing year (MY) 2023/24 raw cotton imports to 7.5 million bales on lower work orders for garments coupled with Bangladesh’s economic challenges including declining foreign exchange reserves. The export value of ready...