Turkey: Cotton and Products Annual
Turkish Marketing Year (MY) 2015 cotton area and production are projected to decline about 12 percent after a short recovery from last year. Total planting area is expected to be about 380,000 hectares and production about 600,000 metric tons (MT) (2.75 million bales). Low returns due to low domestic prices during the 2014 season were the main reason for the decline. Domestic consumption in MY 2015 is expected to recover moderately following a decline in MY 2014 caused by major economic crises in the leading export markets. Locally available cotton, low domestic consumption and a continuing antidumping investigation on U.S. cotton exports to Turkey affected cotton imports adversely during the first five months of the MY 2014 and total imports remained about 310,000 MT (1.4 Million bales). The U.S. continued to be one of the leading suppliers of cotton to the Turkish market. Imports during the first five months of MY 2014 were 93,500 MT (0.42 million bales).
