Browse Data and Analysis

Cotton production in Peru is estimated to reach 16,000 MT in CY 2023, increasing 8 percent compared to the previous year.

The 2022/23 cotton import forecast is reduced from 5 to 4.5 million bales due to the problems importers are facing in financing imports. Since December 2022, Pakistan’s shortage of dollars has hindered cotton importers’ ability to fulfill payment...

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.

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.

Mexico has not officially reported any approvals for genetically engineered (GE) agricultural products for food and feed use since May 2018. Additionally, Mexico has not approved any permit applications for cultivation of GE crop (cotton and alfalfa)...

Estimated cotton imports for marketing year (MY) 22/23 are reduced to 1.4 million metric tons (MMT) on high carry-in stocks, higher domestic production, weak consumption, and uncertainty concerning the issuance of additional import quota. Consumption is reduced to 7.7 MMT in both MY 21/22 and MY 22/23 on restrictive zero-COVID polices and slower economic growth that has resulted in lower demand for textile and apparel products.

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.

On November 14, 2022, China notified a revised draft for the “National Standard of the People's Republic of China (PRC) Cotton—Saw Ginned Upland Cotton” to the World Trade Organization (WTO) Technical Barriers to Trade (TBT) Committee. The PRC requested WTO members submit comments in 60 days. This standard will replace GB 1103.1 - 2012 Cotton - Part 1: Saw Ginned Upland Cotton.

Turkiye’s cotton production forecast for marketing year (MY) 2022/23 is revised higher to nearly 1.1 million metric tons (MMT) (4.94 million bales), based on increase in cotton area harvested and ideal weather conditions throughout the growing season.

For marketing year (MY) 2022/23, Post forecasts cotton harvested area and production at 45 thousand hectares and 153 thousand bales, respectively. Post reduced Bangladesh’s cotton import forecast for MY 2022/23 to 8 million bales on high international raw cotton prices, reduced garment production due to a domestic power shortage, and the slowdown of the world economy.

Marketing Year (MY) 2022/23 (August to July) is characterized by high pest infestation of cotton leafhoppers, known commonly as jassids, in Mali, Burkina Faso, and Senegal. Post forecasts the harvested area in all three countries to fall back to the previous year level, 1.33 million hectares (MHA) due to abandoned area caused by this infestation and excess rainfall.