Egypt: Cotton and Products Annual

  |   Attaché Report (GAIN)

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Egypt: Cotton and Products Annual

In market year (MY) 2020/21, cotton area harvested is forecast to drop by almost 35 percent to 65,000 hectares (ha), from 100,000 ha in MY 2019/20. In MY 2020/21, FAS/Cairo (Post) forecasts the production to drop by 90,000 bales to 215,000 a decrease of 30 percent compared to MY 2019/20. The Office of Agricultural Affairs attributes the decrease to the low price of cotton in 2020. High carryover from the previous seasons lowered prices and discouraged farmers from planting cotton in 2019. In MY 2020/21, imports are forecast to rise by 23 percent to 630,000 bales, up by 118,000 bales from MY 2019/20 imports. Post attributes this increase to lower yields on area cultivation reduction that is unable to meet domestic demand.

Egypt: Cotton and Products Annual

 

Egypt, Near East
Cotton

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