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Uzbekistan’s cotton sector is at a crossroads. While opportunities for high-value-added products like textiles and ready-to-wear apparel are expanding, the industry faces financial constraints, shrinking farmland, and water shortages.

This report is an addendum to the GAIN report number E42024-0031 EU Food and Agricultural Import Regulations and Standards (FAIRS) Report, November 01, 2024.

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.

From a geographical and regulatory viewpoint, Iceland has a unique environment for marketing U.S. food products with, or without, any biotech content and/or conducting research on biotech applications.

Central Asia is a diverse, important corner of the world and a growing market for U.S. goods. Agricultural imports from the world for Kazakhstan, the Kyrgyz Republic, and Uzbekistan totaled $11.6 billion in 2023 and have nearly doubled over the last three years, with the United States as the 11th largest trade partner at $196 million.

The global cotton industry is still readjusting to lower post-pandemic demand, and Uzbekistan wasn’t spared the effects of the market overhang. Uzbekistan's strong vertical integration and government support for the industry have helped drive both its resiliency and recovery.

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.

This exporter guide provides an economic overview of the Icelandic food industry, and provides exporters who are interested in entering the Icelandic market with background information on the current trends, demands, and trade developments of the...

Uzbekistan’s cotton production in marketing year (MY) 2023/24 is forecast unchanged from the previous year at 675,000 metric tons (MT) (3.10 million bales).

The marketing year (MY) 2022/23 total cotton production area for Uzbekistan is forecast as 980,000 hectares (ha) and the cotton production is estimated as 675,000 metric tons (MT) (3.10 million bales). Post forecasts MY 2022/23 consumption of cotton to be about 653,000 MT (3 million bales) for MY 2022/23.

In March 2021, Iceland’s Minister of Fisheries and Agriculture announced his intention to allocate ISK 970 million ($7.5 million) in financial support for Icelandic sheep and cattle farmers.

In December 2020, the Government of Iceland presented its first comprehensive Food Policy.