The “World Cotton Fibre – Trends in Demand and Supply” is the Sixth annual compendium in a series from YarnsandFibers covering the trends in global demand and supply of textile fibre/filament in-dustry. The compilation covers all major fibre producing countries accounting for 85% of global production and consumption. Time series on trends from 1990 to 2009 on production, imports, exports and apparent consumption is presented country-wise for 13 countries including all major Asian countries, USA and West Europe.
In this Report we have captured the trends seen in 2009 post the global crisis which had severely im-pacted textile fibre/filament industry including natural fibres, particularly cotton. The analysis assesses the positions of fibres/filaments industry as events unfolded.
The Report’s 43 pages are richly annotated with authoritative and unbiased objective description, and hard-to-find statistical facts. The report also provides unequivocal views on future potential while throwing light on the prevailing climate in key regional markets and projections upto 2015 of availabil-ity and demand for all fibres.
The Report is divided into two sections: Fibre-wise View and Region/Country wise View.
The first section covers World production of manmade and natural fibers for the period 1990 to 2009. This section covers time series on production of cotton. Among the natural fibres, the report covers production of cotton in detail and summarily wool and silk. The aggregation is done for each of fibre group namely manmade fibre – cellulosic and synthetic, and natural fibres. They are further aggre-gated into total fibres production. Also tabulations on capacity, production, export, import and ap-parent consumption volume, compound annual rate of growth (CARG) and percentage share in World total of respective fibre/filament in region/country.
The second section covers details on cotton producing countries. In all 13 countries are covered in seven continental regions namely Africa, Asia, North America, Central and South America, West Eu-rope, Central and East Europe, CIS, Middle East and Oceania. The countries are China, Taiwan, Korea, India, Japan, Indonesia, Thailand, Pakistan, Malaysia, USA, Mexico, Brazil, Turkey and West Europe as a whole. Tabulation also includes volumes of capacity, production, export, import and apparent con-sumption, along with CARGs for the periods 1990-2000, 2000-2008 and the growth rate in 2009.
The report will be useful at all levels of decision makers and particularly, handy for textile corporate and business planner.
The data on manmade fibre and natural fibre is available in myriad of sources. We have collated the data from best and authentic sources after verifying the same with industry peers. In our endeavour to serve our clients, we shall release the next report in 2011 with updated data for 2010 and also in-corporating projections over the period of next five years.
A brief note on the foreign trade statistics covered in this report. There has been a mismatch between total volume of import and export of a commodity for a given year. This imbalance arise from the fact that, (1) Not all the countries report their trade data, and (2) The data source tracks select members countries only. For example, India’s export of polyester staple fibre to Angola (India’s export volume is counted in total exports), and in case Angola has not reported its trade data at all due to various rea-sons, it’s import will remained excluded from total import volume.
Cotton production has traditionally grown along the trend line (see chart long side) until 2003 and since then has changed dramatically with the increasing approval and cultivation of genetically mod-ified cotton which resulted in soaring cotton yields. In 2003, the actual cotton production started to outpace the long-term trend. Nevertheless, in 2009 production has apparently returned to the long-term trend due to 3.4% fall in yield per hectare over and above the 4% drop seen in 2008. The volatili-ty is explained by the large dependence of Asian cotton on water availability in countries like India, China and Pakistan. Over the years, with the advent of manmade fibres the share of cotton in world fiber use which exceeded 60% in the 1960s, fell to 50% during the 1980s and fell below 40% in the early 2000s and further down to 33% in 2009.
Leading producing countries, representing about 90% of world cotton production, experienced fall in 2008-09 season’s output. Remarkably, production in cotton declined in China as area under cultivation decreased 13%. Farmers had reduced cotton area in response to high production costs, labour shortages, low cotton prices, higher government subsidies for grains and weak global demand. The other major producer reporting steep reduction in are under cotton was Turkey. Despite govern-ment’s announcement of a US cent 28 per kg production bonus, many farmers switched to other grains and vegetables in anticipation of better remuneration.