27
United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural Outlook Board/USDA Circular Series FOP 07 13 July 2013 China’s Policy Reshapes 2012/13 Forecast In response to developments in China’s support policy, the current USDA estimate for 2012/13 is now dramatically different from the initial forecast published in May 2012. Consumption estimates for 2011/12 were lowered, resulting in larger carry-out stocks. Despite those larger stocks, higher production and lower consumption, import demand in 2012/13 has been stronger than expected, because sales from the reserves to the domestic market have been far below announced targets. These factors led to a significant adjustment to China’s current year ending stocks, which are now nearly 80 percent higher than the initial forecast. In contrast, ending stocks in other countries are significantly tighter because of expanded Chinese import demand, for both raw cotton and yarn, and greater consumption in the rest of the world. USDA’s forecast was frequently adjusted to reflect new developments in China’s support policy which is still a work in progress. As a result, USDA’s 2013/14 forecast may also require ongoing adjustments to reflect an evolving policy situation. Cotton: World Markets and Trade

United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

Circular Series FOP 07 13 July 2013

China’s Policy Reshapes 2012/13 Forecast

In response to developments in China’s support policy, the current USDA estimate for 2012/13 is now dramatically different from the initial forecast published in May 2012. Consumption estimates for 2011/12 were lowered, resulting in larger carry-out stocks. Despite those larger stocks, higher production and lower consumption, import demand in 2012/13 has been stronger than expected, because sales from the reserves to the domestic market have been far below announced targets. These factors led to a significant adjustment to China’s current year ending stocks, which are now nearly 80 percent higher than the initial forecast. In contrast, ending stocks in other countries are significantly tighter because of expanded Chinese import demand, for both raw cotton and yarn, and greater consumption in the rest of the world. USDA’s forecast was frequently adjusted to reflect new developments in China’s support policy which is still a work in progress. As a result, USDA’s 2013/14 forecast may also require ongoing adjustments to reflect an evolving policy situation.

Cotton: World Markets and Trade

Page 2: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

Overview For 2013/14, the global outlook shows higher ending stocks as production is raised and consumption is lowered. Trade is virtually unchanged. U.S. exports are reduced. The season average U.S. farm price range is projected at 70 to 90 cents/pound. For 2012/13, U.S. exports are down on stronger competition from Australia.

Prices The U.S. spot price and the A-Index continued to be supported by China’s reserve policy.

2013/14 TRADE OUTLOOK Major Exporters:

• India is up 100,000 bales to 7.2 million on a larger exportable supply.

• Hong Kong is raised 100,000 bales to 200,000 on greater transshipments.

Major Importers:

• Pakistan is down 300,000 bales to 2.7 million on a lower consumption forecast..

• India is up 200,000 bales to 1.2 million on delayed shipments from 2012/13.

• Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports.

• Hong Kong is raised 100,000 bales to 300,000 on increased transshipments.

Trade Changes 2012/13 Major Exporters:

• United States is lowered 300,000 bales to 13.3 million on lower shipments in recent weeks.

• Australia is up 300,000 bales to 6.0 million on strong new crop shipments.

• Brazil is down 200,000 bales to 4.3 million on slow new crop availability.

• Hong Kong is raised 100,000 bales to 200,000 on larger transshipments.

Major Importers:

• Pakistan is down 500,000 bales to 2.2 million on weakening consumption.

• India is lowered 200,000 bales to 1.5 million as imports delayed into next season.

• Turkey is up 100,000 bales to 3.8 million strong end-of-year shipments.

• Hong Kong is raised 100,000 bales to 300,000 on greater transshipments.

• Vietnam is raised 150,000 bales to 2.45 million rising consumption.

0

50

100

150

200

250

Jan-11

Mar-11

May-11

Jul-11

Sep-11

Nov-11

Jan-12

Mar-12

May-12

Jul-12

Sep-12

Nov-12

Jan-13

Mar-13

May-13

Jul-13

US

cent

s/lb

s

Monthly Average Cotton Prices

A-IndexSpot Price

July 2013

Page 3: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

Summary of Changes in estimates and Forecasts from Last Month

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Argentina

0-250-2500-250-10 2012/13

0-250-25-250-500-25 2013/14

Australia

000030003000-16 2012/13

Azerbaijan

00000000-1 2012/13

Brazil

150000-200-50000 2012/13

1500000001500 2013/14

Bulgaria

050505000 2012/13

050505000 2013/14

Colombia

0-500-500-50000 2012/13

0-500-500-50000 2013/14

Greece

25000-250000 2012/13

75000-5000250 2013/14

Hong Kong

0000100100000 2012/13

0000100100000 2013/14

India

50-2500-2500-200000 2012/13

1,1500001002001,000500 2013/14

Kazakhstan

25000-250000 2012/13

50000-2500250 2013/14

Korea, South

575075-575000 2012/13

2550050070050 2013/14

Kyrgyzstan

-5000-50-100-3 2013/14

July 2013

Page 4: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

Summary of Changes in estimates and Forecasts from Last Month (Continued)

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Malaysia

50000-500000 2012/13

50000000500 2013/14

Mali

50000-500000 2013/14

Mauritius

410010115000 2012/13

410010010040 2013/14

Mexico

-25000-25-50000 2012/13

-35000-750-85-25-15 2013/14

Pakistan

-50-5000-50050-500000 2012/13

-50-3000-3000-3000-500 2013/14

Peru

-40-100-100-50000 2012/13

-650000-250-400 2013/14

Russia

0-750-750-75000 2012/13

0-1200-1200-120000 2013/14

Turkey

1000000100000 2012/13

500000-5001000 2013/14

Turkmenistan

50000-500000 2013/14

United States

300110-3001000 2012/13

300000000300-121 2013/14

Uzbekistan

50000-500000 2013/14

Vietnam

5010001000150000 2012/13

050050000500 2013/14

July 2013

Page 5: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

Summary of Changes in estimates and Forecasts from Last Month (Continued)

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area

Harvested

Beginning

Stocks

Production Imports Exports Use Loss Total Dom.

Cons.

Ending

Stocks

World

World

644-7191-720-179-5292750-27 2012/13

1,849-3800-380-130-160855644-164 2013/14

July 2013

Page 6: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

Table 01 Cotton World Supply, Use, and Trade (Season Beginning August 1)

(1000 MT)

2009/10 2010/11 2011/12 2012/13

Jun

2013/14

Jul

2013/14

Production none

6,967 China 6,641 7,403 7,620 7,403 7,403

5,182 India 5,748 5,987 5,770 5,879 6,096

2,654 United States 3,942 3,391 3,770 2,939 2,939

2,012 Pakistan 1,881 2,308 2,025 2,068 2,068

1,187 Brazil 1,960 1,894 1,263 1,524 1,524

386 Australia 914 1,196 1,002 980 980

849 Uzbekistan 893 914 980 980 980

3,006 Other 3,350 4,153 3,970 3,736 3,705

22,243 Total 25,328 27,247 26,399 25,509 25,695

USE Dom. Consumption none

10,886 China 10,015 8,274 7,838 7,838 7,838

4,300 India 4,474 4,300 4,899 5,062 5,062

2,264 Pakistan 2,155 2,177 2,395 2,613 2,547

1,285 Turkey 1,219 1,219 1,306 1,328 1,328

958 Brazil 936 871 893 914 914

849 Bangladesh 806 718 784 827 827

773 United States 849 718 751 762 762

4,581 Other 4,442 4,214 4,513 4,643 4,625

25,897 Total 24,898 22,492 23,379 23,988 23,905

Imports none

2,374 China 2,608 5,341 4,355 2,395 2,395

957 Turkey 729 519 827 871 860

849 Bangladesh 806 697 784 784 784

343 Pakistan 314 196 479 653 588

369 Vietnam 342 354 533 544 544

544 Indonesia 523 501 523 533 533

393 Thailand 381 275 337 354 354

2,151 Other 2,116 1,931 2,262 2,230 2,272

7,980 Total 7,819 9,813 10,100 8,365 8,330

Exports none

2,621 United States 3,130 2,550 2,896 2,395 2,395

1,426 India 1,089 2,412 1,568 1,241 1,263

460 Australia 545 1,010 1,306 914 914

827 Uzbekistan 577 544 697 697 686

433 Brazil 435 1,043 936 566 566

169 Burkina 147 142 250 256 256

96 Mali 98 136 191 218 207

1,710 Other 1,706 2,150 2,272 2,080 2,052

7,743 Total 7,727 9,989 10,115 8,367 8,339

Ending Stocks none

3,102 China 2,309 6,767 10,888 12,831 12,831

2,041 India 2,433 1,947 1,686 1,577 1,828

948 Brazil 1,721 1,740 1,223 1,283 1,316

662 Pakistan 549 617 623 672 661

642 United States 566 729 849 566 631

163 Australia 562 778 503 597 597

349 Turkey 287 270 317 290 301

2,251 Other 2,338 2,657 2,544 2,321 2,375

10,158 Total 10,765 15,506 18,632 20,137 20,539

July 2013

Page 7: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

Table 02 Cotton World Supply, Use, and Trade (Season Beginning August 1)

(1000 Bales)

2009/10 2010/11 2011/12 2012/13

Jun

2013/14

Jul

2013/14

Production none

1,775 Australia 4,200 5,495 4,600 4,500 4,500

5,450 Brazil 9,000 8,700 5,800 7,000 7,000

32,000 China 30,500 34,000 35,000 34,000 34,000

23,800 India 26,400 27,500 26,500 27,000 28,000

9,240 Pakistan 8,640 10,600 9,300 9,500 9,500

12,188 United States 18,104 15,573 17,315 13,500 13,500

3,900 Uzbekistan 4,100 4,200 4,500 4,500 4,500

13,805 Other 15,387 19,073 18,232 17,160 17,015

102,158 Total 116,331 125,141 121,247 117,160 118,015

USE Dom. Consumption none

3,900 Bangladesh 3,700 3,300 3,600 3,800 3,800

4,400 Brazil 4,300 4,000 4,100 4,200 4,200

50,000 China 46,000 38,000 36,000 36,000 36,000

19,750 India 20,550 19,750 22,500 23,250 23,250

2,450 Indonesia 2,350 2,225 2,350 2,450 2,450

1,900 Mexico 1,700 1,700 1,800 1,900 1,900

10,400 Pakistan 9,900 10,000 11,000 12,000 11,700

5,900 Turkey 5,600 5,600 6,000 6,100 6,100

3,550 United States 3,900 3,300 3,450 3,500 3,500

1,600 Vietnam 1,625 1,650 2,300 2,450 2,500

15,092 Other 14,729 13,780 14,277 14,523 14,393

118,942 Total 114,354 103,305 107,377 110,173 109,793

Imports none

3,900 Bangladesh 3,700 3,200 3,600 3,600 3,600

10,903 China 11,979 24,533 20,000 11,000 11,000

480 India 450 600 1,500 1,000 1,200

2,500 Indonesia 2,400 2,300 2,400 2,450 2,450

1,010 Korea, South 1,038 1,170 1,300 1,230 1,300

1,393 Mexico 1,196 1,000 950 1,200 1,200

1,574 Pakistan 1,443 900 2,200 3,000 2,700

1,806 Thailand 1,752 1,263 1,550 1,625 1,625

4,394 Turkey 3,350 2,382 3,800 4,000 3,950

1,695 Vietnam 1,569 1,625 2,450 2,500 2,500

6,997 Other 7,035 6,098 6,640 6,813 6,733

36,652 Total 35,912 45,071 46,390 38,418 38,258

Exports none

2,115 Australia 2,501 4,640 6,000 4,200 4,200

1,990 Brazil 2,000 4,792 4,300 2,600 2,600

775 Burkina 675 650 1,150 1,175 1,175

875 Greece 750 1,000 1,200 925 875

6,550 India 5,000 11,080 7,200 5,700 5,800

43 Malaysia 80 1,023 850 800 800

440 Mali 450 625 875 1,000 950

1,200 Turkmenistan 1,100 750 1,075 1,000 950

12,037 United States 14,376 11,714 13,300 11,000 11,000

3,800 Uzbekistan 2,650 2,500 3,200 3,200 3,150

5,737 Other 5,907 7,103 7,309 6,829 6,799

35,562 Total 35,489 45,877 46,459 38,429 38,299

Ending Stocks none

749 Australia 2,583 3,573 2,308 2,743 2,743

4,353 Brazil 7,906 7,993 5,618 5,893 6,043

14,246 China 10,603 31,081 50,006 58,931 58,931

9,374 India 11,174 8,944 7,744 7,244 8,394

3,042 Pakistan 2,520 2,835 2,860 3,085 3,035

1,605 Turkey 1,319 1,241 1,456 1,331 1,381

2,947 United States 2,600 3,350 3,900 2,600 2,900

10,339 Other 10,739 12,202 11,683 10,660 10,909

46,655 Total 49,444 71,219 85,575 92,487 94,336

July 2013

Page 8: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

Table 04 Cotton Area, Yield, and Production

From last month From last year

MBalesPercent

Yield

(Kilograms per hectare)

Jul 2011/12 MBales

Country / Region

Area

(Million hectares)

Production

(Million 480 lb. bales)

Change in Production

2011/12

Prel.

2012/13 Jun Jun

Prel.

2012/13 Jul

Prel.

2012/13 Jun Jul Percent

2013/14 Proj.2013/14 Proj. 2013/14 Proj.

2011/12

35.72World -2.67-3.230.730.86118.0234.32 33.88 33.71 763 769 753 762 125.14 121.25 117.16

3.83United States -22.03-3.820.000.0013.503.79 3.28 3.16 886 994 897 931 15.57 17.32 13.50

31.89Total Foreign 0.560.580.820.86104.5230.53 30.60 30.55 748 741 738 745 109.57 103.93 103.66

none

Western Hemisphere

1.40 Brazil 20.691.200.000.007.000.89 1.08 1.08 1,353 1,427 1,418 1,418 8.70 5.80 7.00

0.19 Mexico -29.82-0.33-10.00-0.090.770.16 0.13 0.12 1,338 1,512 1,424 1,448 1.18 1.09 0.85

0.53 Argentina 18.420.14-5.26-0.050.900.35 0.43 0.40 411 473 487 490 1.00 0.76 0.95

0.08 Paraguay 11.110.010.000.000.100.06 0.06 0.06 340 327 363 363 0.13 0.09 0.10

0.05 Peru 16.670.030.000.000.180.04 0.04 0.04 862 859 866 866 0.19 0.15 0.18

0.05 Colombia -10.00-0.020.000.000.140.04 0.04 0.04 748 778 794 794 0.17 0.15 0.14

Africa

0.40 Burkina -7.41-0.090.000.001.130.58 0.58 0.58 441 456 426 426 0.80 1.22 1.13

0.48 Mali 13.640.120.000.001.000.52 0.56 0.56 393 366 389 389 0.86 0.88 1.00

0.28 Cote d'Ivoire -6.47-0.050.000.000.650.38 0.40 0.40 385 404 354 354 0.50 0.70 0.65

0.18 Cameroon -7.61-0.040.000.000.430.21 0.21 0.21 404 477 441 441 0.33 0.46 0.43

0.20 Benin 0.000.000.000.000.550.25 0.27 0.27 381 479 444 444 0.35 0.55 0.55

0.20 Chad 2.560.010.000.000.200.20 0.20 0.20 165 212 218 218 0.15 0.20 0.20

0.10 Togo 0.000.000.000.000.200.13 0.13 0.13 367 348 348 348 0.16 0.20 0.20

0.03 Senegal -3.230.000.000.000.060.04 0.03 0.03 371 386 408 408 0.05 0.06 0.06

0.22 Egypt -8.16-0.040.000.000.450.14 0.13 0.13 737 746 754 754 0.75 0.49 0.45

0.47 Zimbabwe 0.000.000.000.000.500.38 0.40 0.40 278 290 272 272 0.60 0.50 0.50

0.33 Nigeria -7.69-0.030.000.000.300.30 0.29 0.29 218 236 225 225 0.33 0.33 0.30

Asia Oceania

5.50 China -2.86-1.000.000.0034.005.30 5.10 5.10 1,346 1,438 1,452 1,452 34.00 35.00 34.00

12.20 India 5.661.503.701.0028.0011.80 12.00 12.00 491 489 490 508 27.50 26.50 27.00

3.00 Pakistan 2.150.200.000.009.503.00 3.00 3.00 769 675 689 689 10.60 9.30 9.50

0.16 Kazakhstan -1.20-0.010.000.000.410.15 0.14 0.14 590 611 620 620 0.44 0.42 0.41

0.20 Tajikistan 0.000.000.000.000.550.20 0.20 0.20 619 599 599 599 0.58 0.55 0.55

0.58 Turkmenistan -6.25-0.100.000.001.500.60 0.58 0.58 530 581 568 568 1.40 1.60 1.50

1.31 Uzbekistan 0.000.000.000.004.501.32 1.30 1.30 698 745 754 754 4.20 4.50 4.50

0.49 Turkey -13.46-0.350.000.002.250.41 0.33 0.33 1,529 1,381 1,484 1,484 3.44 2.60 2.25

0.60 Australia -2.17-0.100.000.004.500.43 0.47 0.47 1,994 2,351 2,107 2,107 5.50 4.60 4.50

0.15 Syria -4.83-0.040.000.000.690.13 0.12 0.12 1,306 1,263 1,252 1,252 0.90 0.73 0.69

0.30 Burma 0.000.000.000.000.270.30 0.30 0.30 196 196 196 196 0.27 0.27 0.27

Europe

0.29 Greece -21.81-0.270.000.000.950.29 0.22 0.22 1,016 928 940 940 1.33 1.22 0.95

1.96Others -6.08-0.19-0.35-0.012.861.97 1.88 1.88 356 336 332 332 3.20 3.05 2.87

Note: Yeild for Total Foreign and Others is an incorrect calculation.

July 2013

Page 9: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2013/14

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 15070988550 Afghanistan 13

0 001211 Albania 1

23 00232900 Algeria 6

3 3051052 Angola 2

35 20007501,617900400 Argentina 667

1 001200 Armenia 1

0 4,200-175406,8084,500465 Australia 2,743

21 30182500 Austria 4

0 20060996523 Azerbaijan 19

30 00303700 Bahrain 7

3,600 0103,8004,63612045 Bangladesh 826

60 00607000 Belarus 10

55 300256400 Belgium-Luxembour 9

0 550010693550270 Benin 133

4 201836145 Bolivia 16

75 2,600-1504,20012,6937,0001,075 Brazil 6,043

20 502534102 Bulgaria 4

0 1,175041,4721,125575 Burkina 293

0 650200326270300 Burma 61

5 005700 Cambodia 2

0 375040530425210 Cameroon 115

7 007900 Canada 2

0 3005563536 Central African Republic 21

0 180015243200200 Chad 48

10 00101300 Chile 3

11,000 75036,00095,00634,0005,100 China 58,931

175 2530039313537 Colombia 86

2 0017211530 Congo (Kinshasa) 4

1 002311 Costa Rica 1

0 650050913650400 Cote d'Ivoire 213

1 001200 Croatia 1

10 00141644 Cuba 2

0 000000 Cyprus 0

25 00253100 Czech Republic 6

1 001200 Denmark 1

July 2013

Page 10: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2013/14 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

1 004534 Dominican Republic 1

70 00809793 Ecuador 17

625 350107001,264450130 Egypt 204

130 0013018311 El Salvador 53

0 000000 Estonia 0

0 75090214170120 Ethiopia 49

85 1007510000 France 15

220 30019025500 Germany 35

0 15015362816 Ghana 6

10 875501001,326950220 Greece 301

90 009511732 Guatemala 22

0 1800211814 Guinea 3

5 00101157 Haiti 1

1 005742 Honduras 2

300 200010034900 Hong Kong 49

6 105800 Hungary 2

1,200 5,800-50023,25036,94428,00012,000 India 8,394

2,450 0502,4502,969309 Indonesia 469

300 200550730275100 Iran 160

60 00901303020 Iraq 40

2 002200 Ireland 0

2 500467506 Israel 13

240 20022027100 Italy 31

315 0031536100 Japan 46

30 3502575621410144 Kazakhstan 171

10 0040472835 Kenya 7

95 001502055519 Korea, North 55

1,300 1001,2751,56700 Korea, South 282

0 900101239027 Kyrgyzstan 23

1 001100 Latvia 0

3 003400 Lebanon 1

2 101300 Lithuania 1

20 00202300 Macedonia 3

0 10050716030 Madagascar 11

0 17005266180160 Malawi 91

July 2013

Page 11: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2013/14 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

1,000 80001501,09600 Malaysia 146

0 9500251,2821,000560 Mali 307

100 0010012400 Mauritius 24

1,200 125251,9002,665765115 Mexico 615

10 00101400 Moldova 4

169 0017020411 Morocco 34

0 130010205125135 Mozambique 65

20 10202500 Netherlands 4

0 90112104 Nicaragua 2

0 5041399 Niger 4

50 650300464300290 Nigeria 99

2,700 3002511,70015,0609,5003,000 Pakistan 3,035

0 000000 Panama 0

5 8002515810060 Paraguay 53

250 5046066817544 Peru 203

40 00405421 Philippines 14

13 00131600 Poland 3

120 0012015500 Portugal 35

5 005700 Romania 2

380 0038047800 Russia 98

0 40020776032 Senegal 17

4 004500 Serbia and Montenegro 1

5 5001000 Singapore 5

0 000000 Slovakia 0

5 005600 Slovenia 1

3 001011712 Somalia 1

170 00200258307 South Africa 58

10 25001531524062 Spain 50

11 10152155 Sri Lanka 5

0 1100817810050 Sudan 60

0 000000 Sweden 0

17 00172200 Switzerland 5

0 1250550909690120 Syria 234

1,025 001,0251,26800 Taiwan 243

0 550035756550200 Tajikistan 171

July 2013

Page 12: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2013/14 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 2750150825400410 Tanzania 400

1,625 0251,6001,91221 Thailand 287

0 175015247200125 Togo 57

90 10090113102 Tunisia 13

3,950 17506,1007,6562,250330 Turkey 1,381

0 95007252,2741,500575 Turkmenistan 599

0 11002021011080 Uganda 80

19 00192300 Ukraine 4

2 200300 United Kingdom 1

5 11,00053,50017,40513,5003,157 United States 2,900

3 003400 Uruguay 1

0 3,15001,5005,8484,5001,300 Uzbekistan 1,198

15 001001218515 Venezuela 21

2,500 002,5003,0322110 Vietnam 532

0 1032393419 Yemen 6

0 225070480275280 Zambia 185

0 4001590726500400 Zimbabwe 221

World

38,258 38,299-580109,793241,848118,01533,711 World 94,336

July 2013

Page 13: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1000 MT)

Table 05A Cotton Supply and Distribution MY 2013/2014

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 3015211911 Afghanistan 3

0 000000 Albania 0

5 005600 Algeria 1

1 101210 Angola 0

8 44016335219687 Argentina 145

0 000000 Armenia 0

0 914-3891,482980101 Australia 597

5 104500 Austria 1

0 401322145 Azerbaijan 4

7 007800 Bahrain 2

784 028271,0092610 Bangladesh 180

13 00131500 Belarus 2

12 7051400 Belgium-Luxembour 2

0 1200215112059 Benin 29

1 004831 Bolivia 3

16 566-339142,7641,524234 Brazil 1,316

4 105720 Bulgaria 1

0 25601320245125 Burkina 64

0 14044715965 Burma 13

1 001200 Cambodia 0

0 82091159346 Cameroon 25

2 002200 Canada 0

0 7011288 Central African Republic 5

0 3903534444 Chad 10

2 002300 Chile 1

2,395 1607,83820,6857,4031,110 China 12,831

38 016586298 Colombia 19

0 004537 Congo (Kinshasa) 1

0 000100 Costa Rica 0

0 14201119914287 Cote d'Ivoire 46

0 000000 Croatia 0

2 003311 Cuba 0

0 000000 Cyprus 0

5 005700 Czech Republic 1

0 000000 Denmark 0

July 2013

Page 14: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1000 MT)

Table 05A Cotton Supply and Distribution MY 2013/2014 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 001111 Dominican Republic 0

15 00172121 Ecuador 4

136 7621522759828 Egypt 44

28 00284000 El Salvador 12

0 000000 Estonia 0

0 16020473726 Ethiopia 11

19 20162200 France 3

48 70415600 Germany 8

0 303863 Ghana 1

2 191112228920748 Greece 66

20 00212510 Guatemala 5

0 400543 Guinea 1

1 002212 Haiti 0

0 001210 Honduras 0

65 440227600 Hong Kong 11

1 001200 Hungary 0

261 1,263-1095,0628,0446,0962,613 India 1,828

533 01153364672 Indonesia 102

65 401201596022 Iran 35

13 00202874 Iraq 9

0 000000 Ireland 0

0 110115111 Israel 3

52 40485900 Italy 7

69 00697900 Japan 10

7 765161358931 Kazakhstan 37

2 0091068 Kenya 2

21 003345124 Korea, North 12

283 2027834100 Korea, South 61

0 200227206 Kyrgyzstan 5

0 000000 Latvia 0

1 001100 Lebanon 0

0 000100 Lithuania 0

4 004500 Macedonia 1

0 201115137 Madagascar 2

0 3701583935 Malawi 20

July 2013

Page 15: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1000 MT)

Table 05A Cotton Supply and Distribution MY 2013/2014 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

218 17403323900 Malaysia 32

0 20705279218122 Mali 67

22 00222700 Mauritius 5

261 27541458016725 Mexico 134

2 002300 Moldova 1

37 00374400 Morocco 7

0 2802452729 Mozambique 14

4 004500 Netherlands 1

0 200321 Nicaragua 0

0 101322 Niger 1

11 140651016563 Nigeria 22

588 6552,5473,2792,068653 Pakistan 661

0 000000 Panama 0

1 1705342213 Paraguay 12

54 101001453810 Peru 44

9 0091200 Philippines 3

3 003300 Poland 1

26 00263400 Portugal 8

1 001200 Romania 0

83 008310400 Russia 21

0 90417137 Senegal 4

1 001100 Serbia and Montenegro 0

1 100200 Singapore 1

0 000000 Slovakia 0

1 001100 Slovenia 0

1 002223 Somalia 0

37 00445672 South Africa 13

2 5403695213 Spain 11

2 003511 Sri Lanka 1

0 2402392211 Sudan 13

0 000000 Sweden 0

4 004500 Switzerland 1

0 27012019815026 Syria 51

223 0022327600 Taiwan 53

0 1200816512044 Tajikistan 37

July 2013

Page 16: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1000 MT)

Table 05A Cotton Supply and Distribution MY 2013/2014 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 600331808789 Tanzania 87

354 0534841600 Thailand 62

0 3803544427 Togo 12

20 20202520 Tunisia 3

860 3801,3281,66749072 Turkey 301

0 2070158495327125 Turkmenistan 130

0 2404462417 Uganda 17

4 004500 Ukraine 1

0 000100 United Kingdom 0

1 2,39517623,7902,939687 United States 631

1 001100 Uruguay 0

0 68603271,273980283 Uzbekistan 261

3 002226193 Venezuela 5

544 0054466052 Vietnam 116

0 007874 Yemen 1

0 490151056061 Zambia 40

0 8732015810987 Zimbabwe 48

World

8,330 8,339-12623,90552,65725,6957,340 World 20,539

July 2013

Page 17: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2012/2013

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 15070988550 Afghanistan 13

0 002311 Albania 1

25 00232900 Algeria 6

3 3051052 Angola 2

35 27597501,716760350 Argentina 682

1 001200 Armenia 1

0 6,000-175408,1734,600426 Australia 2,308

20 30182500 Austria 4

0 3505512410029 Azerbaijan 34

30 00303700 Bahrain 7

3,600 0103,6004,52610840 Bangladesh 916

60 00607000 Belarus 10

60 350256900 Belgium-Luxembour 9

0 525010678550250 Benin 143

5 202040145 Bolivia 18

75 4,300-1504,10013,8685,800885 Brazil 5,618

20 502534102 Bulgaria 4

0 1,150041,5011,215580 Burkina 347

0 650200321270300 Burma 56

5 005700 Cambodia 2

0 400040545460210 Cameroon 105

7 007900 Canada 2

0 2505514038 Central African Republic 21

0 180015238195200 Chad 43

10 00101300 Chile 3

20,000 75036,00086,08135,0005,300 China 50,006

160 2530039015042 Colombia 83

2 0017211530 Congo (Kinshasa) 4

1 002311 Costa Rica 1

0 600050913695375 Cote d'Ivoire 263

1 001200 Croatia 1

10 00141644 Cuba 2

0 000000 Cyprus 0

25 00253100 Czech Republic 6

1 001200 Denmark 1

July 2013

Page 18: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2012/2013 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

1 004534 Dominican Republic 1

75 00809893 Ecuador 18

500 350107001,249490143 Egypt 189

130 0013018211 El Salvador 52

0 000000 Estonia 0

0 5007516913898 Ethiopia 44

85 1007510000 France 15

220 30019025500 Germany 35

0 15015383218 Ghana 8

20 1,200501101,7261,215285 Greece 366

95 009511932 Guatemala 24

0 1800211814 Guinea 3

5 00101157 Haiti 1

1 005742 Honduras 2

300 200010034900 Hong Kong 49

6 105800 Hungary 2

1,500 7,200-50022,50036,94426,50011,800 India 7,744

2,400 20502,3502,9093010 Indonesia 489

300 200575750285105 Iran 155

70 00901303020 Iraq 40

2 002200 Ireland 0

2 600479577 Israel 15

240 20022027100 Italy 31

315 0031536100 Japan 46

25 4252575706415148 Kazakhstan 181

15 0040493040 Kenya 9

100 001502055519 Korea, North 55

1,300 501,2751,54700 Korea, South 267

0 10001014310030 Kyrgyzstan 33

1 001100 Latvia 0

3 003400 Lebanon 1

2 101300 Lithuania 1

20 00202300 Macedonia 3

0 10050716030 Madagascar 11

0 15005241160180 Malawi 86

July 2013

Page 19: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2012/2013 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

1,000 85001251,07100 Malaysia 96

0 8750251,182880523 Mali 282

100 1010012500 Mauritius 24

950 225251,8002,7501,090157 Mexico 700

10 00101400 Moldova 4

172 0017020411 Morocco 34

0 150010240160160 Mozambique 80

25 30202800 Netherlands 5

0 90112104 Nicaragua 2

0 4041299 Niger 4

50 750300489325300 Nigeria 114

2,200 4502511,00014,3359,3003,000 Pakistan 2,860

0 000000 Panama 0

10 750251539060 Paraguay 53

250 5045069815038 Peru 243

40 00405221 Philippines 12

13 00131600 Poland 3

125 0012015500 Portugal 35

5 005700 Romania 2

400 0040049800 Russia 98

0 40020776235 Senegal 17

4 004500 Serbia and Montenegro 1

5 5001000 Singapore 5

0 000000 Slovakia 0

5 005600 Slovenia 1

3 001011712 Somalia 1

160 00200258297 South Africa 58

10 26001834328270 Spain 65

12 10152155 Sri Lanka 5

0 1350822112560 Sudan 78

0 000000 Sweden 0

17 00172200 Switzerland 5

0 500650919725125 Syria 219

1,000 009751,21800 Taiwan 243

0 650035891550200 Tajikistan 206

July 2013

Page 20: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2012/2013 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductionCountry

0 2750150850500500 Tanzania 425

1,550 3251,5001,81321 Thailand 285

0 190015252200125 Togo 47

90 10090113102 Tunisia 13

3,800 18506,0007,6412,600410 Turkey 1,456

0 1,07507002,5491,600600 Turkmenistan 774

0 12502024513075 Uganda 100

19 00192300 Ukraine 4

2 200300 United Kingdom 1

6 13,300213,45020,67117,3153,793 United States 3,900

3 003400 Uruguay 1

0 3,20001,4505,9984,5001,315 Uzbekistan 1,348

15 001001218515 Venezuela 21

2,450 002,3002,8112110 Vietnam 511

0 1035413419 Yemen 5

0 225070500230230 Zambia 205

0 4251590756500375 Zimbabwe 226

World

46,390 46,459-555107,377238,856121,24734,323 World 85,575

July 2013

Page 21: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2012/2013

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductionBeginning

Stocks

Country

19 30150311 Afghanistan 3

0 000000 Albania 0

0 005510 Algeria 1

1 101100 Angola 0

165 602163820176 Argentina 148

0 000000 Armenia 0

1,002 1,306-389077893 Australia 503

0 104410 Austria 1

22 8012056 Azerbaijan 7

0 007720 Bahrain 2

24 027847841789 Bangladesh 199

0 00131320 Belarus 2

0 8051320 Belgium-Luxembour 2

120 1140202854 Benin 31

3 004151 Bolivia 4

1,263 936-33893161,740193 Brazil 1,223

2 105410 Bulgaria 1

265 25001062126 Burkina 76

59 1404401165 Burma 12

0 001100 Cambodia 0

100 870901946 Cameroon 23

0 002200 Canada 0

9 501028 Central African Republic 5

42 39030944 Chad 9

0 002210 Chile 1

7,620 1607,8384,3556,7671,154 China 10,888

33 016535179 Colombia 18

3 004017 Congo (Kinshasa) 1

0 000000 Costa Rica 0

151 13101104782 Cote d'Ivoire 57

0 000000 Croatia 0

1 003201 Cuba 0

0 000000 Cyprus 0

0 005510 Czech Republic 1

0 000000 Denmark 0

July 2013

Page 22: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2012/2013 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductionBeginning

Stocks

Country

1 001001 Dominican Republic 0

2 00171631 Ecuador 4

107 7621521095631 Egypt 41

0 002828110 El Salvador 11

0 000000 Estonia 0

30 110160721 Ethiopia 10

0 20161930 France 3

0 70414880 Germany 8

7 303014 Ghana 2

265 2611124410762 Greece 80

1 00212150 Guatemala 5

4 400013 Guinea 1

1 002102 Haiti 0

1 001000 Honduras 0

0 4402265110 Hong Kong 11

0 001100 Hungary 0

5,770 1,568-1094,8993271,9472,569 India 1,686

7 4115125231042 Indonesia 106

62 40125653623 Iran 34

7 00201574 Iraq 9

0 000000 Ireland 0

12 1301042 Israel 3

0 40485270 Italy 7

0 006969100 Japan 10

90 9351655832 Kazakhstan 39

7 009319 Kenya 2

12 003322114 Korea, North 12

0 10278283540 Korea, South 58

22 2202097 Kyrgyzstan 7

0 000000 Latvia 0

0 001100 Lebanon 0

0 000000 Lithuania 0

0 004410 Macedonia 1

13 2011027 Madagascar 2

35 330101839 Malawi 19

July 2013

Page 23: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2012/2013 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductionBeginning

Stocks

Country

0 185027218150 Malaysia 21

192 19105066114 Mali 61

0 00222250 Mauritius 5

237 49539220715534 Mexico 152

0 002210 Moldova 1

0 00373770 Morocco 7

35 330201735 Mozambique 17

0 104510 Netherlands 1

2 200001 Nicaragua 0

2 101012 Niger 1

71 16065112565 Nigeria 25

2,025 9852,395479617653 Pakistan 623

0 000000 Panama 0

20 160521213 Paraguay 12

33 109854658 Peru 53

0 009920 Philippines 3

0 003310 Poland 1

0 00262770 Portugal 8

0 001100 Romania 0

0 008787210 Russia 21

13 904038 Senegal 4

0 001100 Serbia and Montenegro 0

0 100110 Singapore 1

0 000000 Slovakia 0

0 001100 Slovenia 0

2 002103 Somalia 0

6 004435152 South Africa 13

61 570421115 Spain 14

1 003311 Sri Lanka 1

27 290202113 Sudan 17

0 000000 Sweden 0

0 004410 Switzerland 1

158 11014204227 Syria 48

0 00212218470 Taiwan 53

120 1420807444 Tajikistan 45

July 2013

Page 24: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2012/2013 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductionBeginning

Stocks

Country

109 60033076109 Tanzania 93

0 15327337570 Thailand 62

44 410301127 Togo 10

2 20202030 Tunisia 3

566 4001,30682727089 Turkey 317

348 23401520207131 Turkmenistan 169

28 270402516 Uganda 22

0 004410 Ukraine 1

0 000000 United Kingdom 0

3,770 2,89657511729826 United States 849

0 001100 Uruguay 0

980 69703160326286 Uzbekistan 293

19 0022353 Venezuela 5

5 00501533742 Vietnam 111

7 008024 Yemen 1

50 4901505950 Zambia 45

109 9332005682 Zimbabwe 49

World

26,399 10,115-12123,37910,10015,5067,473 World 18,632

July 2013

Page 25: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

Table 09: World Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg Year Beginning

Stocks

Area

Harvested

Production Imports Total

Supply

Exports Use Loss Total Dom.

Cons.

Ending

Stocks

Stock to

Use %

World

World

3825,45467,26830266,96625,515118,23726,07166,33231,39425,834 1982/83

3524,28169,17649668,68025,333118,79027,05966,27730,92025,454 1983/84

5942,12671,29047470,81627,200140,61627,62988,70633,74124,281 1984/85

6347,58975,58225275,33028,078151,24928,98180,14231,58142,126 1985/86

4335,41782,27417982,09533,350151,04133,09370,35929,34747,589 1986/87

3932,60984,68053484,14630,103147,39230,52981,44630,87135,417 1987/88

3631,05085,88064285,23833,481150,41133,58284,22033,83132,609 1988/89

2924,97887,13923486,90531,357143,47432,70379,72131,69631,050 1989/90

3227,46785,69417085,52429,560142,72130,57887,16533,15324,978 1990/91

4336,96586,55636886,18828,204151,72529,02495,23434,75827,467 1991/92

4034,50486,4006386,33725,435146,33927,06782,30732,64336,965 1992/93

3327,82785,70314385,56026,620140,15027,96777,67930,71834,504 1993/94

3832,01484,292-33084,62228,118144,42430,30086,29732,25027,827 1994/95

4740,12985,396-54485,94027,396152,92127,00493,90335,92032,014 1995/96

5144,63387,351-58587,93626,777158,76128,57990,05333,74040,129 1996/97

5749,46786,686-58187,26726,777162,93025,92992,36833,79744,633 1997/98

6252,85283,651-1,11484,76523,517160,02024,48086,07332,88549,467 1998/99

5651,14090,485-60291,08727,126168,75127,97687,92332,35052,852 1999/00

5449,44390,829-1,33992,16826,197166,46926,22889,10132,00551,140 2000/01

5854,56293,751-70694,45729,105177,41829,30598,67033,71749,443 2001/02

4847,65897,633-77998,41230,424175,71530,18790,96630,73754,562 2002/03

4948,22697,144-88498,02833,177178,54734,11296,77732,32247,658 2003/04

5660,621107,874-1,170109,04435,007203,50233,840121,43635,68948,226 2004/05

5361,733115,088-1,743116,83144,821221,64244,671116,35034,72460,621 2005/06

5162,857121,877-2,215124,09237,505222,23938,345122,16134,53161,733 2006/07

5061,895120,976-2,619123,59538,987221,85839,421119,58032,82762,857 2007/08

5661,542107,959-2,171110,13030,215199,71630,577107,24430,56861,895 2008/09

3946,655118,135-807118,94235,562200,35236,652102,15830,13361,542 2009/10

4349,444113,965-389114,35435,489198,89835,912116,33133,46346,655 2010/11

6971,219102,560-745103,30545,877219,65645,071125,14135,72149,444 2011/12

8085,575106,822-555107,37746,459238,85646,390121,24734,32371,219 2012/13

8694,336109,213-580109,79338,299241,84838,258118,01533,71185,575 2013/14

July 2013

Page 26: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

Table 10: United States Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg Year Area

Harvested

Yield Beginning

Stocks

Production Imports Total

Supply

Exports Use Loss Ending

Stocks

Stock to

Use %

United States

455,34786,4835,48417,322514,3892,9285835,372 1977/78

323,958-2836,3526,18016,207410,8565,3474715,018 1978/79

193,000-1436,5069,22918,592514,6293,9586135,193 1979/80

232,668-3355,8915,92614,1502811,1223,0004535,348 1980/81

566,632-1235,2646,56718,3402615,6462,6686085,601 1981/82

747,937-425,5135,20718,6152011,9636,6326613,939 1982/83

222,7752385,9216,78615,720127,7717,9375692,973 1983/84

354,102-745,5386,21515,7812412,9822,7756734,200 1984/85

1129,348-1546,4131,96017,5673313,4324,1027064,140 1985/86

365,026-807,4526,68419,08239,7319,3486183,427 1986/87

415,771-1827,6176,58219,788214,7605,0267924,059 1987/88

517,0921657,7826,14821,187515,4115,7716944,835 1988/89

183,000-1638,7597,69419,290212,1967,0926883,860 1989/90

142,344-2858,6577,79318,509415,5053,0007114,748 1990/91

233,70489,6136,64619,9711317,6142,3447315,245 1991/92

304,662-19010,2505,20119,923116,2183,7047854,501 1992/93

203,530-810,4186,86220,802616,1344,6626795,173 1993/94

132,650-3811,1989,40223,2122019,6623,5307945,391 1994/95

142,6092710,6477,67520,95840817,9002,6506026,478 1995/96

223,971-811,1266,86521,95440318,9422,6097915,216 1996/97

213,8874111,3497,50022,7771318,7933,9717545,425 1997/98

273,939-39410,4014,29818,24443913,9183,8877014,324 1998/99

233,91514510,1946,75021,0049716,9683,9396805,433 1999/00

386,000-4838,8626,74021,1191617,1883,9157085,282 2000/01

407,4481807,69611,00026,3242120,3036,0007905,596 2001/02

285,3851667,27311,90024,7246717,2097,4487465,025 2002/03

173,4502116,26613,75823,6854518,2555,3858184,858 2003/04

265,4951086,69114,43626,7302923,2513,4509585,284 2004/05

266,069-2005,87117,67329,4132823,8905,4959315,586 2005/06

539,4793034,93512,95927,6761921,5886,0699125,152 2006/07

5510,0514294,58413,63428,6981219,2079,4799854,245 2007/08

386,337-2733,54113,26122,866012,81510,0519113,063 2008/09

192,947-93,55012,03718,525012,1886,3378713,047 2009/10

142,6001843,90014,37621,060918,1042,9479104,330 2010/11

223,350-1723,30011,71418,1921915,5732,6008863,829 2011/12

233,900213,45013,30020,671617,3153,3509943,793 2012/13

202,90053,50011,00017,405513,5003,9009313,157 2013/14

July 2013

Page 27: United States Department of Agriculture Cotton: Foreign ......Jul 11, 2013  · • Russia is down 120,000 bales to 380,000 on lower use and rising yarn imports. • Hong Kong is raised

Table 11: Foreign Cotton Supply and Distribution

(1,000 HA and 1000 480-lb. Bales)

Country Mktg Year Area

Harvested

Yield Beginning

Stocks

Production Imports Total

Supply

Exports Use Loss Ending

Stocks

Total Foreign

20,29030054,53920,95796,08627,11549,51919,45238228,204 1977/78

17,89820756,87721,07396,05527,12548,64020,29038127,796 1978/79

18,23215359,39821,43399,21630,50150,81717,89840927,026 1979/80

17,94130259,13020,33997,71227,22552,25518,23242127,021 1980/81

19,20236258,04519,19796,80625,67253,19317,94142427,337 1981/82

17,51734461,45320,30899,62226,05154,36919,20243127,455 1982/83

21,50625862,75918,547103,07027,04758,50617,51745627,947 1983/84

38,02454865,27820,985124,83527,60575,72421,50655829,541 1984/85

38,24140668,91726,118133,68228,94866,71038,02452927,441 1985/86

30,39125974,64326,666131,95933,09060,62838,24150925,920 1986/87

26,83871676,52923,521127,60430,52766,68630,39154226,812 1987/88

23,95847777,45627,333129,22433,57768,80926,83851728,996 1988/89

21,97839778,14623,663124,18432,70167,52523,95852827,836 1989/90

25,12345576,86721,767124,21230,57471,66021,97854928,405 1990/91

33,26136076,57521,558131,75429,01177,62025,12357329,513 1991/92

29,84225376,08720,234126,41627,06666,08933,26151128,142 1992/93

24,29715175,14219,758119,34827,96161,54529,84252525,545 1993/94

29,364-29273,42418,716121,21230,28066,63524,29754026,859 1994/95

37,520-57175,29319,721131,96326,59676,00329,36456229,442 1995/96

40,662-57776,81019,912136,80728,17671,11137,52054328,524 1996/97

45,580-62275,91819,277140,15325,91673,57540,66256528,372 1997/98

48,913-72074,36419,219141,77624,04172,15545,58055028,561 1998/99

47,225-74780,89320,376147,74727,87970,95548,91357426,917 1999/00

43,443-85683,30619,457145,35026,21271,91347,22558626,723 2000/01

47,114-88686,76118,105151,09429,28478,36743,44360728,121 2001/02

42,273-94591,13918,524150,99130,12073,75747,11462525,712 2002/03

44,776-1,09591,76219,419154,86234,06778,52242,27362227,464 2003/04

55,126-1,278102,35320,571176,77233,81198,18544,77670330,405 2004/05

55,664-1,543110,96027,148192,22944,64392,46055,12669129,138 2005/06

53,378-2,518119,15724,546194,56338,326100,57355,66474529,379 2006/07

51,844-3,048119,01125,353193,16039,409100,37353,37876528,582 2007/08

55,205-1,898106,58916,954176,85030,57794,42951,84474727,505 2008/09

43,708-798115,39223,525181,82736,65289,97055,20572327,086 2009/10

46,844-573110,45421,113177,83835,90398,22743,70873429,133 2010/11

67,869-573100,00534,163201,46445,052109,56846,84474831,892 2011/12

81,675-576103,92733,159218,18546,384103,93267,86974130,530 2012/13

91,436-585106,29327,299224,44338,253104,51581,67574530,554 2013/14

July 2013