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In marketing year (MY) 2024/25, Post forecasts cotton acreage and production slightly lower at 45,000 hectares and 153,000 bales, due to heavy rain in some cotton growing districts during the seed sowing period. For MY 2024/25, Post also forecasts...
Post forecasts an increase in marketing year (MY) 2024/25 cotton imports on higher global demand for ready-made garments. Despite Bangladesh’s economic challenges, Post maintains MY 2023/24 cotton imports at 7.5 million bales, on lower yarn and fabric imports.
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...
On May 17, 2023 the Bangladesh Ministry of Agriculture published a special regulatory order amending the Plant Quarantine Rules 2018, thereby allowing the importation of U.S. cotton into Bangladesh without fumigation on-arrival.
For marketing year (MY) 2023/24, Post forecasts cotton imports at 8.5 million bales. Post reduced its MY 2022/23 cotton import and consumption estimates on high global prices, slowdown of the Bangladeshi economy, and production disruptions due to power shortages.
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.
For marketing year 2022/2023, Post forecasts cotton production at 155 thousand bales and imports at 8.9 million bales. Indian cotton took 29 percent market share in calendar year (CY) 2021, followed by Brazil, Benin, and the United States. In CY 2021...
The Government of Bangladesh has demonstrated a willingness to adopt and implement a modern agricultural policy framework and guidelines which support the safe and appropriate use of science and technology, including biotechnology, to address the...
Despite the economic slowdown caused by the COVID-19 pandemic, Post Dhaka has increased its cotton import forecast for marketing year (MY) 2021/22 to 7.6 million bales as a result of higher demand for locally spun yarn.
South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.
Despite COVID-19, Bangladesh’s cotton imports increased 9 percent in marketing year (MY) 2019/2020, to 7.5 million bales [or 1.63 million metric tons (MMT)].
The COVID-19 pandemic has negatively impacted Bangladesh’s marketing year (MY) 2019/2020 cotton imports and consumption.