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COTTON REPORTKai HughesExecutive DirectorInternational Cotton Advisory Committee
Cotton Production & Trade Trends
International Cotton Advisory Committee
ratio
Price for Cotton Vs. Competing Crops at Planting Time N. Hemisphere (2010-2018)*
*World Bank Commodities Price Data (The Pink Sheet)www.icac.org
-
4
8
12
16
20
Maize Soybean Rice Sugar Sorghum
2009 2010 2011 2012 2013
2014 2015 2016 2017 2018
India23%
China22%
US16%
Brazil9%
Pakistan7%
Fr. Africa5%
Turkey3%
Uzbek.3%
Australia2%
ROW10%
Cotton Production by Country
6.0MillionIndia is since 2015/16, the world’s
biggest producer of cotton
2018/19: 26.3 Million tons
www.icac.org
million tonnes
6.05
5.80
4.29
1.75
2.31
1.33
0.58
0.85
0.80
0 1 2 3 4 5 6 7
India
China
USA
Pakistan
Brazil
Fr. Africa
Australia
Turkey
Uzbekistan
17/18
18/19
Changes in World Cotton Production
www.icac.org
million tonnes
World Cotton Consumption
9.2
5.3
2.3
1.7
1.8
1.7
0.8
0.8
0.8
- 2 4 6 8 10
China
India
Pakistan
Turkey
Bangladesh
Vietnam
USA
Brazil
Indonesia16/17
17/18
18/19
China33%
India19%
Pakistan8%
Bangladesh7%
Turkey6%
Vietnam6%
Indonesia3%
USA3%
Brazil3% ROW
12%
2018/19: 27.6 Million tonnes
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World Cotton Production and Mill Use
www.icac.org
19
21
23
25
27
2900
/01
02/0
3
04/0
5
06/0
7
08/0
9
10/1
1
12/1
3
14/1
5
16/1
7
18/1
9*
Production Mill Use
million tonnes
China Cotton Production and Consumption
www.icac.org
-
4
8
12
0
4
8
12
1999
/00
2002
/03
2005
/06
2008
/09
2011
/12
2014
/15
2017
/18
Production Imports Consumption
3.2 Million TThe widening gap
between production and consumption in Chinacould give a boost to
cotton imports
Million Tonnes Million Tonnes
million tonnes
World Cotton Exports
3.5
1.4
1.3
1.0
0.8
0.4
0 1 2 3 4
USA
Brazil
West Africa
India
Australia
Uzbekistan17/18
18/19 36%The U.S remains the world’s largest exporter of cotton
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Cotton Imports by Country
0.0
0.5
1.0
1.5
2.0
2.5 15/16
16/17
17/18
18/19
million tonnes
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Cotton Prices vs Polyester PricesUS cents per pound
www.icac.org
30
80
130
180
230
280
1.5.
06
5.5.
07
9.5.
08
1.5.
10
5.5.
11
9.5.
12
1.5.
14
5.5.
15
9.5.
16
1.5.
18
Indice A Cotlook Polyester China
Assistance to Cotton Production
Direct support to production Border protection Crop insurance subsidies Minimum support price
mechanisms Input subsidies Transportation subsidies
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Assistance to Cotton
1.5
4.7
7.46.5
10.7
7.3
4.4
5.9
0
2
4
6
8
10
12
97/9
8
99/0
0
01/0
2
03/0
4
05/0
6
07/0
8
09/1
0
11/1
2
13/1
4
15/1
6
17/1
8
Billion US$
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Assistance to Cotton And Prices
1.65
1.00
0.88
0.91
0.71
0.7
0.830.85
0.4
1.1
1.8
0
2
4
6
8
10
12
97/98 00/01 03/04 06/07 09/10 12/13 15/16
Billion US$ A Index (US$/lb)
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World Cotton Production under Assistance
0
10
20
30
40
97/98 00/01 03/04 06/07 09/10 12/13 15/16
Without Assistance With Assistance
76% 47%
Average with Assistance: 55%83%
48%
Million tons
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Thank you
Any Questions?
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