department of agriculture cotton: foreign world markets and trade service july 2015 ... · 2015. 7....

28
For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/ new. Approved by the World Agricultural Outlook Board/USDA China Begins Sales from State Reserves China’s National Development and Reform Commission has announced that sales from China’s State Reserve are scheduled to begin on July 10. Up to 4.6 million bales (1 million MT) will be offered for sale through an auction process similar to the previous two seasons. The latest reports indicate that 330,000 MT of 2011 crop will be offered at a floor price of 13,200 RMB/MT ($0.97/lb.) and 470,000 MT of 2012 crop at 14,200 RMB/MT ($1.03/lb.). In addition, 200,000 MT of imported cotton held by the State Reserve will be offered at a floor price of 15,500 RMB/MT ($1.13/lb.). The cotton offered for sale will be re-classed and the minimum price for each lot offered will be adjusted based on published premiums and discounts. Sales are expected to continue through August, as in the previous two seasons. The currently announced sale volume remains small compared to available estimated reserves and previous years’ sales. Because the announced floor prices are very close to current internal prices and because significant quantities of current crop cotton remain available on the market, even that small amount may not fully sell. Additionally, up to 40 percent of reserves sold may be replaced by future purchases by the reserve. For all of these reasons, China’s reserves of cotton are expected to remain very large, despite new auctions. United States Department of Agriculture Foreign Agricultural Service July 2015 Cotton: World Markets and Trade -4.6

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Page 1: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/ new.

Approved by the World Agricultural Outlook Board/USDA

China Begins Sales from State Reserves

China’s National Development and Reform Commission has announced that sales from China’s State Reserve are scheduled to begin on July 10. Up to 4.6 million bales (1 million MT) will be offered for sale through an auction process similar to the previous two seasons. The latest reports indicate that 330,000 MT of 2011 crop will be offered at a floor price of 13,200 RMB/MT ($0.97/lb.) and 470,000 MT of 2012 crop at 14,200 RMB/MT ($1.03/lb.). In addition, 200,000 MT of imported cotton held by the State Reserve will be offered at a floor price of 15,500 RMB/MT ($1.13/lb.). The cotton offered for sale will be re-classed and the minimum price for each lot offered will be adjusted based on published premiums and discounts. Sales are expected to continue through August, as in the previous two seasons.

The currently announced sale volume remains small compared to available estimated reserves and previous years’ sales. Because the announced floor prices are very close to current internal prices and because significant quantities of current crop cotton remain available on the market, even that small amount may not fully sell. Additionally, up to 40 percent of reserves sold may be replaced by future purchases by the reserve. For all of these reasons, China’s reserves of cotton are expected to remain very large, despite new auctions.

United States Department of Agriculture Foreign Agricultural Service July 2015

Cotton: World Markets and Trade

-4.6

Page 2: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

Overview

For 2015/16, world production, beginning stocks, and trade are raised slightly. Consumption is down and ending stocks are higher. The U.S. forecast shows higher exports and lower use and ending stocks. The U.S. season-average farm price is projected at 62 cents per pound, up 2 cents. For 2014/15, world production, beginning stocks, and trade are raised slightly. Consumption is down and ending stocks are higher. The U.S. forecast for 2014/15 shows higher exports and lower use and ending stocks. The forecast for the U.S. season-average farm price is unchanged at 60.5 cents per pound. For current prices received by farmers click here; NASS farm price Prices The A-Index and U.S. spot prices drifted slightly upward from June as more information on upcoming sales from China’s state reserve became available. For more information on U.S. spot price click here; AMS Cotton Market News

For more information on U.S. export sales click here; FAS Export Sales Query System

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 3: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

2015/16 TRADE OUTLOOK Major Exporters:

• Brazil is increased 200,000 bales to 3.8 million on larger exportable supplies.

• India is cut 300,000 bales to 4.7 million on rising domestic use.

• Turkmenistan is raised 175,000 bales to 900,000 on higher exportable supply.

• United States is augmented 100,000 bales to 10.8 million on higher foreign import demand.

Major Importers:

• Bangladesh is reduced 100,000 bales to 4.5 million on lower mill use.

• China is cut 250,000 bales to 5.75 million on stronger 2014/15 imports.

• Pakistan is lowered 200,000 bales to 1.5 million on lower mill use.

• Vietnam jumps 800,000 bales to 5.0 million on greater nearby demand.

2014/15 TRADE CHANGES Major Exporters:

• Australia is raised 100,000 bales to 2.9 million on higher production.

• Brazil is reduced 100,000 bales to 3.9 million on weaker recent shipments.

• India is lowered 100,000 bales to 4.0 million on high nearby demand.

• Turkmenistan is raised 200,000 bales to 900,000 on strong recent export sales.

• United States is up 300,000 bales to 11.0 million on continuing high shipments.

Major Importers:

• Bangladesh is reduced 200,000 bales to 4.3 million on lower mill use.

• China is increased 250,000 bales to 8.25 million on strong recent imports.

• Vietnam is boosted 300,000 bales to 4.4 million on record-high arrivals.

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 4: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD) database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and Demand Estimates (WASDE) report is released. This circular is released by 12:15 p.m.

FAS Reports and Databases: Current World Market and Trade and World Agricultural Production Reports:

http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx Archives World Market and Trade and World Agricultural Production Reports:

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7 Production, Supply and Distribution Database (PSD Online): http://apps.fas.usda.gov/psdonline/psdHome.aspx Global Agricultural Trade System (U.S. Exports and Imports):

http://apps.fas.usda.gov/gats/default.aspx Export Sales Report:

http://apps.fas.usda.gov/esrquery/ Global Agricultural Information Network (Agricultural Attaché Reports):

http://gain.fas.usda.gov/Pages/Default.aspx Other USDA Reports: World Agricultural Supply and Demand Estimates (WASDE):

http://www.usda.gov/oce/commodity/wasde/ Economic Research Service:

http://www.ers.usda.gov/topics/crops National Agricultural Statistics Service:

http://www.nass.usda.gov/Publications/

Questions may be directed to:

James Johnson (202) 690-1546 [email protected]

Lyman Stone (202) 720-0683 [email protected]

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 5: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

-4500000-450-20 2014/15

-45000000-450 2015/16

Australia

0000100010000 2014/15

Bangladesh

-100-1000-1000-200000 2014/15

-50-1500-1500-1000-1000 2015/16

Brazil

75000-100-25000 2014/15

75-2500-250200-500750 2015/16

China

1,250-1,0000-1,0000250000 2014/15

2,500-1,5000-1,5000-25001,2500 2015/16

Greece

-50000500000 2014/15

-50000000-500 2015/16

India

-2503500350-1000000 2014/15

-4005000500-300500-2500 2015/16

Kazakhstan

10000-200-1000 2014/15

-1500000-2510-25 2015/16

Mozambique

20000-200000 2014/15

50001500200 2015/16

Pakistan

-100-1000-1000-200000 2015/16

Spain

-15000205000 2014/15

-300020230-155 2015/16

Sudan

4000035075040 2015/16

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 6: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

Taiwan

1040040050000 2014/15

10250250250100 2015/16

Tajikistan

-1500000-150-15 2015/16

Turkmenistan

1250000012500 2011/12

225000001001250 2012/13

27500000502250 2013/14

1500002000752750 2014/15

500001750751500 2015/16

United States

-200-982-1003002000 2014/15

-200-100-50-5010000-200-40 2015/16

Vietnam

10020002000300000 2014/15

2506500650080001000 2015/16

World

World

1250000012500 2011/12

225000001001250 2012/13

27500000502250 2013/14

955-6082-610430382120275-20 2014/15

2,052-925-50-875245277140955-35 2015/16

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 7: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

(1000 MT)

2011/12 2012/13 2013/14 2014/15

Jun

2015/16

Jul

2015/16

Production none

6,314 India 6,205 6,750 6,423 6,423 6,423

7,403 China 7,620 7,131 6,532 5,879 5,879

3,391 United States 3,770 2,811 3,553 3,157 3,157

2,308 Pakistan 2,025 2,068 2,308 2,177 2,177

1,894 Brazil 1,306 1,742 1,524 1,470 1,470

914 Uzbekistan 980 893 849 849 849

749 Turkey 577 501 697 610 610

4,806 Other 4,455 4,337 4,020 3,673 3,704

27,779 Total 26,938 26,231 25,906 24,238 24,268

USE Dom. Consumption none

8,274 China 7,838 7,512 7,403 7,838 7,512

4,235 India 4,736 5,084 5,411 5,606 5,715

2,177 Pakistan 2,341 2,264 2,341 2,417 2,395

1,219 Turkey 1,317 1,372 1,372 1,393 1,393

365 Vietnam 490 697 882 893 1,034

762 Bangladesh 849 904 947 1,023 991

871 Brazil 893 914 849 871 816

4,733 Other 4,973 4,976 4,934 5,065 5,059

22,636 Total 23,437 23,722 24,138 25,106 24,916

Imports none

5,341 China 4,426 3,075 1,796 1,306 1,252

354 Vietnam 525 697 958 914 1,089

718 Bangladesh 849 893 936 1,002 980

519 Turkey 804 924 795 806 806

544 Indonesia 683 651 729 762 762

275 Thailand 329 337 321 337 337

196 Pakistan 392 261 174 370 327

1,933 Other 2,109 1,889 1,816 1,855 1,861

9,881 Total 10,116 8,726 7,526 7,353 7,413

Exports none

2,550 United States 2,836 2,293 2,395 2,330 2,351

2,412 India 1,690 2,015 871 1,089 1,023

1,043 Brazil 938 486 849 784 827

544 Uzbekistan 697 588 490 501 501

1,010 Australia 1,343 1,056 631 435 435

142 Burkina 261 272 256 261 261

239 Greece 239 280 250 239 239

2,098 Other 2,139 1,737 1,791 1,720 1,774

10,040 Total 10,143 8,726 7,533 7,360 7,413

Ending Stocks none

6,767 China 10,965 13,653 14,562 13,626 14,170

2,366 India 2,623 2,529 2,921 2,899 2,812

1,740 Brazil 1,263 1,670 1,533 1,397 1,414

729 United States 827 533 914 958 914

617 Pakistan 590 539 555 572 550

270 Turkey 286 295 361 332 332

326 Uzbekistan 293 272 304 304 304

3,290 Other 2,914 2,892 3,009 3,009 3,047

16,107 Total 19,762 22,383 24,160 23,097 23,544

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 8: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

(1000 Bales)

2011/12 2012/13 2013/14 2014/15

Jun

2015/16

Jul

2015/16

Production none

8,700 Brazil 6,000 8,000 7,000 6,750 6,750

34,000 China 35,000 32,750 30,000 27,000 27,000

29,000 India 28,500 31,000 29,500 29,500 29,500

10,600 Pakistan 9,300 9,500 10,600 10,000 10,000

3,440 Turkey 2,650 2,300 3,200 2,800 2,800

15,573 United States 17,314 12,909 16,319 14,500 14,500

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

22,074 Other 20,461 19,918 18,463 16,871 17,011

127,587 Total 123,725 120,477 118,982 111,321 111,461

USE Dom. Consumption none

3,500 Bangladesh 3,900 4,150 4,350 4,700 4,550

4,000 Brazil 4,100 4,200 3,900 4,000 3,750

38,000 China 36,000 34,500 34,000 36,000 34,500

19,450 India 21,750 23,350 24,850 25,750 26,250

2,450 Indonesia 3,050 3,050 3,300 3,400 3,400

1,700 Mexico 1,800 1,850 1,850 1,900 1,900

10,000 Pakistan 10,750 10,400 10,750 11,100 11,000

5,600 Turkey 6,050 6,300 6,300 6,400 6,400

3,300 United States 3,500 3,550 3,550 3,800 3,750

1,675 Vietnam 2,250 3,200 4,050 4,100 4,750

14,289 Other 14,492 14,405 13,962 14,162 14,187

103,964 Total 107,642 108,955 110,862 115,312 114,437

Imports none

3,300 Bangladesh 3,900 4,100 4,300 4,600 4,500

24,533 China 20,327 14,122 8,250 6,000 5,750

600 India 1,187 675 1,150 900 950

2,500 Indonesia 3,137 2,989 3,350 3,500 3,500

1,170 Korea, South 1,314 1,286 1,275 1,275 1,275

1,000 Mexico 950 1,040 825 1,000 1,000

900 Pakistan 1,800 1,200 800 1,700 1,500

1,263 Thailand 1,511 1,546 1,475 1,550 1,550

2,382 Turkey 3,692 4,246 3,650 3,700 3,700

1,625 Vietnam 2,410 3,200 4,400 4,200 5,000

6,110 Other 6,236 5,676 5,092 5,347 5,324

45,383 Total 46,464 40,080 34,567 33,772 34,049

Exports none

4,640 Australia 6,168 4,852 2,900 2,000 2,000

4,792 Brazil 4,307 2,230 3,900 3,600 3,800

650 Burkina 1,200 1,250 1,175 1,200 1,200

425 Cote d'Ivoire 575 725 800 750 750

1,100 Greece 1,100 1,285 1,150 1,100 1,100

11,080 India 7,761 9,255 4,000 5,000 4,700

625 Mali 900 800 700 950 950

750 Turkmenistan 1,000 800 900 725 900

11,714 United States 13,026 10,530 11,000 10,700 10,800

2,500 Uzbekistan 3,200 2,700 2,250 2,300 2,300

7,835 Other 7,350 5,652 5,824 5,477 5,547

46,111 Total 46,587 40,079 34,599 33,802 34,047

Ending Stocks none

7,993 Brazil 5,801 7,668 7,043 6,418 6,493

31,081 China 50,361 62,707 66,882 62,582 65,082

10,869 India 12,045 11,615 13,415 13,315 12,915

2,835 Pakistan 2,710 2,475 2,550 2,625 2,525

1,241 Turkey 1,315 1,357 1,657 1,527 1,527

3,350 United States 3,800 2,450 4,200 4,400 4,200

1,498 Uzbekistan 1,348 1,248 1,398 1,398 1,398

15,111 Other 13,386 13,282 13,819 13,818 13,995

73,978 Total 90,766 102,802 110,964 106,083 108,135

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 9: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

Table 04 Cotton Area, Yield, and Production

From last month From last year

MBalesPercent

Yield

(Kilograms per hectare)

Jul 2013/14 MBales

Country / Region

Area

(Million hectares)

Production

(Million 480 lb. bales)

Change in Production

2013/14

Prel.

2014/15 Jun Jun

Prel.

2014/15 Jul

Prel.

2014/15 Jun Jul Percent

2015/16 Proj.2015/16 Proj. 2015/16 Proj.

2013/14

32.74World -6.32-7.520.130.14111.4633.82 31.79 31.75 801 766 763 764 120.48 118.98 111.32

3.05United States -11.15-1.820.000.0014.503.78 3.48 3.44 921 939 907 918 12.91 16.32 14.50

29.69Total Foreign -5.55-5.700.140.1496.9630.04 28.31 28.31 789 744 745 746 107.57 102.66 96.82

none

Western Hemisphere

1.12 Brazil -3.57-0.250.000.006.750.98 0.95 0.95 1,555 1,563 1,547 1,547 8.00 7.00 6.75

0.12 Mexico -23.13-0.320.000.001.050.18 0.15 0.15 1,652 1,643 1,545 1,545 0.93 1.37 1.05

0.56 Argentina -7.41-0.080.000.001.000.48 0.46 0.46 474 490 473 473 1.22 1.08 1.00

0.02 Paraguay -22.22-0.010.000.000.040.03 0.02 0.02 381 392 381 381 0.04 0.05 0.04

0.04 Peru -8.70-0.010.000.000.110.03 0.02 0.02 1,008 1,002 994 994 0.16 0.12 0.11

0.03 Colombia -5.59-0.010.000.000.140.03 0.03 0.03 878 943 919 919 0.13 0.14 0.14

Africa

0.65 Burkina -9.77-0.130.000.001.200.66 0.63 0.63 421 439 418 418 1.25 1.33 1.20

0.45 Mali -5.66-0.060.000.001.000.54 0.54 0.54 411 429 403 403 0.85 1.06 1.00

0.45 Cote d'Ivoire -7.74-0.070.000.000.780.41 0.42 0.42 382 442 407 407 0.78 0.84 0.78

0.22 Cameroon -10.38-0.060.000.000.480.23 0.22 0.22 495 502 470 470 0.50 0.53 0.48

0.27 Benin -7.14-0.050.000.000.650.32 0.31 0.31 464 484 457 457 0.58 0.70 0.65

0.21 Chad -2.27-0.010.000.000.220.26 0.25 0.25 161 188 187 187 0.15 0.22 0.22

0.13 Togo -22.50-0.050.000.000.160.13 0.11 0.11 261 348 307 307 0.15 0.20 0.16

0.03 Senegal 10.000.010.000.000.060.03 0.03 0.03 381 435 399 399 0.06 0.05 0.06

0.13 Egypt -35.24-0.190.000.000.340.16 0.10 0.10 729 728 740 740 0.44 0.53 0.34

0.26 Zimbabwe 38.890.070.000.000.250.20 0.20 0.20 224 196 272 272 0.26 0.18 0.25

0.29 Nigeria 25.000.050.000.000.250.22 0.24 0.24 199 203 227 227 0.26 0.20 0.25

Asia Oceania

4.80 China -10.00-3.000.000.0027.004.40 3.70 3.70 1,486 1,484 1,589 1,589 32.75 30.00 27.00

11.70 India 0.000.000.000.0029.5012.70 12.00 12.00 577 506 535 535 31.00 29.50 29.50

2.90 Pakistan -5.66-0.600.000.0010.002.95 2.95 2.95 713 782 738 738 9.50 10.60 10.00

0.14 Kazakhstan -6.25-0.02-10.00-0.030.230.13 0.13 0.11 536 408 419 467 0.34 0.24 0.25

0.19 Tajikistan -16.25-0.07-4.29-0.020.340.18 0.17 0.15 516 498 462 486 0.45 0.40 0.35

0.58 Turkmenistan 0.000.005.170.081.530.55 0.55 0.55 587 609 574 604 1.55 1.53 1.45

1.29 Uzbekistan 0.000.000.000.003.901.29 1.29 1.29 695 661 661 661 4.10 3.90 3.90

0.33 Turkey -12.50-0.400.000.002.800.43 0.38 0.38 1,517 1,620 1,604 1,604 2.30 3.20 2.80

0.44 Australia -13.04-0.300.000.002.000.21 0.19 0.19 2,047 2,385 2,292 2,292 4.10 2.30 2.00

0.10 Syria -8.33-0.030.000.000.280.06 0.05 0.05 1,306 1,089 1,197 1,197 0.60 0.30 0.28

0.30 Burma -5.03-0.050.000.000.850.30 0.29 0.29 646 650 649 649 0.89 0.90 0.85

Europe

0.25 Greece -6.69-0.090.000.001.200.28 0.25 0.25 1,217 1,007 1,045 1,045 1.37 1.29 1.20

1.74Others -0.75-0.023.740.112.911.73 1.70 1.74 360 370 360 364 2.87 2.93 2.81

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

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 10: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

Table 05 Cotton Supply and Distribution MY 2015/16

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 15070988545 Afghanistan 13

15 00162011 Albania 4

25 00252900 Algeria 4

3 3051052 Angola 2

20 35006502,2921,000460 Argentina 1,292

0 000000 Armenia 0

0 2,000-100353,2722,000190 Australia 1,337

25 30223000 Austria 5

0 00701057023 Azerbaijan 35

50 00505800 Bahrain 8

4,500 0104,5505,70612545 Bangladesh 1,146

55 00556600 Belarus 11

60 250356800 Belgium-Luxembour 8

0 6500151,013650310 Benin 348

8 202035145 Bolivia 13

100 3,800-1503,75013,8936,750950 Brazil 6,493

20 003038102 Bulgaria 8

0 1,2000151,5951,200625 Burkina 380

50 509001,164850285 Burma 259

1 001200 Cambodia 1

0 475020650475220 Cameroon 155

3 003400 Canada 1

0 2805433034 Central African Republic 10

0 210010270215250 Chad 50

0 000000 Chile 0

5,750 50034,50099,63227,0003,700 China 65,082

145 10526534913532 Colombia 69

2 0017211530 Congo (Kinshasa) 4

1 002311 Costa Rica 1

0 7500301,095775415 Cote d'Ivoire 315

0 000000 Croatia 0

10 00141644 Cuba 2

0 000000 Cyprus 0

15 00151900 Czech Republic 4

0 000000 Denmark 0

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 11: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

Table 05 Cotton Supply and Distribution MY 2015/16 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

1 004534 Dominican Republic 1

80 009010993 Ecuador 19

450 150106501,044340100 Egypt 234

155 0016520711 El Salvador 42

0 000000 Estonia 0

45 00210261188130 Ethiopia 51

75 150608800 France 13

210 30018524800 Germany 33

0 15010322816 Ghana 7

10 1,100301001,5601,200250 Greece 330

120 0012315032 Guatemala 27

0 1400171412 Guinea 3

5 00101157 Haiti 1

20 00242942 Honduras 5

0 000000 Hong Kong 0

4 202500 Hungary 1

950 4,700026,25043,86529,50012,000 India 12,915

3,500 703,4004,185219 Indonesia 778

300 200575760300110 Iran 165

30 0060803020 Iraq 20

2 002200 Ireland 0

2 550474608 Israel 15

215 15020025000 Italy 35

290 0029033300 Japan 43

0 1600100393225105 Kazakhstan 133

15 0035461821 Kenya 11

95 001502055519 Korea, North 55

1,275 501,2751,56500 Korea, South 285

0 85051089025 Kyrgyzstan 18

1 100200 Latvia 1

3 003400 Lebanon 1

25 00254000 Lesotho 15

0 000000 Lithuania 0

5 005600 Macedonia 1

0 10050716030 Madagascar 11

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 12: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

Table 05 Cotton Supply and Distribution MY 2015/16 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 13005211115100 Malawi 76

250 50021035200 Malaysia 92

0 9500251,6061,000540 Mali 631

95 009511700 Mauritius 22

1,000 150251,9002,7901,050148 Mexico 715

35 00354700 Moldova 12

175 0017521011 Morocco 35

0 17505285150135 Mozambique 105

10 00101200 Netherlands 2

0 90112104 Nicaragua 2

0 5041395 Niger 4

50 600240379250240 Nigeria 79

1,500 5002511,00014,05010,0002,950 Pakistan 2,525

0 000000 Panama 0

5 20025593520 Paraguay 14

350 5045067610523 Peru 221

50 00506421 Philippines 14

15 00151800 Poland 3

165 0016520300 Portugal 38

3 003400 Romania 1

315 0032038900 Russia 69

0 5005685530 Senegal 13

5 005700 Serbia 2

5 700800 Singapore 1

0 000000 Slovakia 0

6 006800 Slovenia 2

3 001011712 Somalia 1

85 2001072316515 South Africa 104

15 26002533527570 Spain 50

8 00131755 Sri Lanka 4

0 80085274200110 Sudan 109

0 000000 Sweden 0

15 00151800 Switzerland 3

0 150015036927550 Syria 69

825 008251,02600 Taiwan 201

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 13: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

Table 05 Cotton Supply and Distribution MY 2015/16 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 325035606335150 Tajikistan 246

0 2500175829400400 Tanzania 404

1,550 3251,5001,76421 Thailand 236

0 150015207155110 Togo 42

35 004558102 Tunisia 13

3,700 23006,4008,1572,800380 Turkey 1,527

0 90007502,6491,525550 Turkmenistan 999

0 900517010075 Uganda 75

8 0081000 Ukraine 2

2 200300 United Kingdom 1

10 10,800-403,75018,71014,5003,440 United States 4,200

3 003400 Uruguay 1

0 2,30001,6005,2983,9001,285 Uzbekistan 1,398

15 001001248515 Venezuela 24

5,000 004,7505,85842 Vietnam 1,108

0 1030373218 Yemen 6

0 18505331190160 Zambia 141

0 2301530439250200 Zimbabwe 164

World

34,049 34,047-145114,437256,474111,46131,750 World 108,135

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 14: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2015/2016

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 3015211910 Afghanistan 3

3 003400 Albania 1

5 005600 Algeria 1

1 101210 Angola 0

4 760142499218100 Argentina 281

0 000000 Armenia 0

0 435-22871243541 Australia 291

5 105700 Austria 1

0 001523155 Azerbaijan 8

11 00111300 Bahrain 2

980 029911,2422710 Bangladesh 250

12 00121400 Belarus 2

13 5081500 Belgium-Luxembour 2

0 1420322114267 Benin 76

2 004831 Bolivia 3

22 827-338163,0251,470207 Brazil 1,414

4 007820 Bulgaria 2

0 26103347261136 Burkina 83

11 1019625318562 Burma 56

0 000000 Cambodia 0

0 1030414210348 Cameroon 34

1 001100 Canada 0

0 601977 Central African Republic 2

0 4602594754 Chad 11

0 000000 Chile 0

1,252 1107,51221,6935,879806 China 14,170

32 215876297 Colombia 15

0 004537 Congo (Kinshasa) 1

0 000100 Costa Rica 0

0 1630723816990 Cote d'Ivoire 69

0 000000 Croatia 0

2 003311 Cuba 0

0 000000 Cyprus 0

3 003400 Czech Republic 1

0 000000 Denmark 0

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 15: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2015/2016 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 001111 Dominican Republic 0

17 00202421 Ecuador 4

98 3321422277422 Egypt 51

34 00364500 El Salvador 9

0 000000 Estonia 0

10 0046574128 Ethiopia 11

16 30131900 France 3

46 70405400 Germany 7

0 302763 Ghana 2

2 23972234026154 Greece 72

26 00273310 Guatemala 6

0 300433 Guinea 1

1 002212 Haiti 0

4 005610 Honduras 1

0 000000 Hong Kong 0

1 000100 Hungary 0

207 1,02305,7159,5516,4232,613 India 2,812

762 2074091152 Indonesia 169

65 401251656524 Iran 36

7 00131774 Iraq 4

0 000000 Ireland 0

0 120116132 Israel 3

47 30445400 Italy 8

63 00637300 Japan 9

0 35022864923 Kazakhstan 29

3 0081045 Kenya 2

21 003345124 Korea, North 12

278 1027834100 Korea, South 62

0 190124205 Kyrgyzstan 4

0 000000 Latvia 0

1 001100 Lebanon 0

5 005900 Lesotho 3

0 000000 Lithuania 0

1 001100 Macedonia 0

0 201115137 Madagascar 2

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 16: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2015/2016 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 2801462522 Malawi 17

54 110467700 Malaysia 20

0 20705350218118 Mali 137

21 00212500 Mauritius 5

218 33541460722932 Mexico 156

8 0081000 Moldova 3

38 00384600 Morocco 8

0 3801623329 Mozambique 23

2 002300 Netherlands 0

0 200321 Nicaragua 0

0 101321 Niger 1

11 13052835452 Nigeria 17

327 10952,3953,0592,177642 Pakistan 550

0 000000 Panama 0

1 4051384 Paraguay 3

76 1098147235 Peru 48

11 00111400 Philippines 3

3 003400 Poland 1

36 00364400 Portugal 8

1 001100 Romania 0

69 00708500 Russia 15

0 110115127 Senegal 3

1 001200 Serbia 0

1 200200 Singapore 0

0 000000 Slovakia 0

1 001200 Slovenia 0

1 002223 Somalia 0

19 402350143 South Africa 23

3 5705736015 Spain 11

2 003411 Sri Lanka 1

0 17019604424 Sudan 24

0 000000 Sweden 0

3 003400 Switzerland 1

0 33033806011 Syria 15

180 0018022300 Taiwan 44

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 17: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

(1000 MT and 1000 HA)

Table 05A Cotton Supply and Distribution MY 2015/2016 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 71081327333 Tajikistan 54

0 540381808787 Tanzania 88

337 1532738400 Thailand 51

0 3303453424 Togo 9

8 00101320 Tunisia 3

806 5001,3931,77661083 Turkey 332

0 1960163577332120 Turkmenistan 218

0 2001372216 Uganda 16

2 002200 Ukraine 0

0 000100 United Kingdom 0

2 2,351-98164,0743,157749 United States 914

1 001100 Uruguay 0

0 50103481,154849280 Uzbekistan 304

3 002227193 Venezuela 5

1,089 001,0341,27510 Vietnam 241

0 007874 Yemen 1

0 4001724135 Zambia 31

0 5037965444 Zimbabwe 36

World

7,413 7,413-3224,91655,84124,2686,913 World 23,544

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 18: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

Table 06: Cotton Supply and Distribution by Country 2014/2015

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 15070988545 Afghanistan 13

15 00162011 Albania 4

25 00252900 Algeria 4

3 3051052 Angola 2

20 40006502,3221,080480 Argentina 1,272

0 000000 Armenia 0

0 2,900-100354,1072,300210 Australia 1,272

25 30223000 Austria 5

0 00701057023 Azerbaijan 35

41 00505800 Bahrain 8

4,300 0104,3505,44112043 Bangladesh 1,081

55 00607100 Belarus 11

60 250356800 Belgium-Luxembour 8

0 6250151,003700315 Benin 363

7 202035145 Bolivia 13

25 3,900-1503,90014,6937,000975 Brazil 7,043

20 003038102 Bulgaria 8

0 1,1750151,5851,330660 Burkina 395

5 509001,169895300 Burma 264

1 001200 Cambodia 1

0 475020670530230 Cameroon 175

3 003400 Canada 1

0 3005483734 Central African Republic 13

0 190010255220255 Chad 55

0 001100 Chile 0

8,250 75034,000100,95730,0004,400 China 66,882

135 15526535414333 Colombia 69

2 0017211530 Congo (Kinshasa) 4

1 002311 Costa Rica 1

0 8000301,150840414 Cote d'Ivoire 320

0 001100 Croatia 0

10 00141644 Cuba 2

0 000000 Cyprus 0

15 00151900 Czech Republic 4

0 000000 Denmark 0

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 19: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

Table 06: Cotton Supply and Distribution by Country 2014/2015 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

1 004534 Dominican Republic 1

80 009011093 Ecuador 20

350 150106501,064525157 Egypt 254

155 0015520611 El Salvador 51

0 000000 Estonia 0

30 50195228175125 Ethiopia 28

75 150608800 France 13

220 35018525800 Germany 38

0 15015342816 Ghana 4

10 1,150301001,6301,286278 Greece 350

120 0012014732 Guatemala 27

0 1400171412 Guinea 3

5 00101157 Haiti 1

20 00242942 Honduras 5

0 1050010500 Hong Kong 0

4 202500 Hungary 1

1,150 4,000024,85042,26529,50012,700 India 13,415

3,350 703,3003,971219 Indonesia 664

275 200550730300110 Iran 160

30 0060803020 Iraq 20

2 002200 Ireland 0

2 650481668 Israel 12

225 15020025000 Italy 35

300 0030034300 Japan 43

0 160095423240128 Kazakhstan 168

5 0035483238 Kenya 13

95 001502055519 Korea, North 55

1,275 501,2701,56500 Korea, South 290

0 85051089027 Kyrgyzstan 18

1 100200 Latvia 1

3 003400 Lebanon 1

30 00254000 Lesotho 15

0 000000 Lithuania 0

5 006700 Macedonia 1

0 10050716030 Madagascar 11

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 20: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

Table 06: Cotton Supply and Distribution by Country 2014/2015 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 14005241150130 Malawi 96

300 100020040200 Malaysia 102

0 7000251,3311,060538 Mali 606

90 009011200 Mauritius 22

825 160251,8502,7751,366181 Mexico 740

35 00354700 Moldova 12

165 0016519911 Morocco 34

0 14005280170135 Mozambique 135

10 00101200 Netherlands 2

0 90112104 Nicaragua 2

0 5041395 Niger 4

50 500220349200215 Nigeria 79

800 5502510,75013,87510,6002,950 Pakistan 2,550

0 000000 Panama 0

5 20025644525 Paraguay 19

330 5045067611525 Peru 221

50 00506221 Philippines 12

15 00151800 Poland 3

165 2016020000 Portugal 38

3 003400 Romania 1

325 0033540900 Russia 74

0 4505635025 Senegal 13

5 005700 Serbia 2

10 12001500 Singapore 3

0 000000 Slovakia 0

6 006800 Slovenia 2

3 001011712 Somalia 1

76 260972048519 South Africa 81

15 32002539033174 Spain 45

8 00131755 Sri Lanka 4

0 4008019413067 Sudan 74

0 000000 Sweden 0

15 00151800 Switzerland 3

0 175020046930060 Syria 94

825 008401,04100 Taiwan 201

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 21: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

Table 06: Cotton Supply and Distribution by Country 2014/2015 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseTotal

Supply

ImportsProductio

n

Country

0 375035681400175 Tajikistan 271

0 1800175784375400 Tanzania 429

1,475 5251,4501,69221 Thailand 212

0 175015242200125 Togo 52

35 004558102 Tunisia 13

3,650 25006,3008,2073,200430 Turkey 1,657

0 90007002,7241,525545 Turkmenistan 1,124

0 1000517511552 Uganda 70

8 0081000 Ukraine 2

2 200300 United Kingdom 1

12 11,000313,55018,78116,3193,783 United States 4,200

3 003400 Uruguay 1

0 2,25001,5005,1483,9001,285 Uzbekistan 1,398

15 001001248515 Venezuela 24

4,400 004,0504,90463 Vietnam 854

0 1030363218 Yemen 5

0 16505311150160 Zambia 141

0 2001530434180200 Zimbabwe 189

World

34,567 34,599-74110,862256,351118,98233,824 World 110,964

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 22: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2014/2015

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductio

n

Beginning

Stocks

Country

19 30150310 Afghanistan 3

0 003310 Albania 1

0 005510 Algeria 1

1 101100 Angola 0

235 8701424266105 Argentina 277

0 000000 Armenia 0

501 631-228039346 Australia 277

0 105510 Austria 1

15 0015085 Azerbaijan 8

0 0011940 Bahrain 2

26 029479362229 Bangladesh 235

0 00131230 Belarus 2

0 5081320 Belgium-Luxembour 2

152 1360306669 Benin 79

3 004231 Bolivia 3

1,524 849-3384951,670212 Brazil 1,533

2 007420 Bulgaria 2

290 25603056144 Burkina 86

195 1019615965 Burma 57

0 000000 Cambodia 0

115 1030403050 Cameroon 38

0 001100 Canada 0

8 701027 Central African Republic 3

48 41020856 Chad 12

0 000000 Chile 0

6,532 1607,4031,79613,653958 China 14,562

31 315829177 Colombia 15

3 004017 Congo (Kinshasa) 1

0 000000 Costa Rica 0

183 1740706790 Cote d'Ivoire 70

0 000000 Croatia 0

1 003201 Cuba 0

0 000000 Cyprus 0

0 003310 Czech Republic 1

0 000000 Denmark 0

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 23: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2014/2015 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductio

n

Beginning

Stocks

Country

1 001001 Dominican Republic 0

2 00201751 Ecuador 4

114 332142764134 Egypt 55

0 003434110 El Salvador 11

0 000000 Estonia 0

38 10427527 Ethiopia 6

0 30131630 France 3

0 80404880 Germany 8

6 303013 Ghana 1

280 25072227361 Greece 76

1 00262650 Guatemala 6

3 300013 Guinea 1

1 002102 Haiti 0

1 005410 Honduras 1

0 23000230 Hong Kong 0

0 000100 Hungary 0

6,423 87105,4112502,5292,765 India 2,921

5 207187291312 Indonesia 145

65 40120603424 Iran 35

7 0013744 Iraq 4

0 000000 Ireland 0

14 1401032 Israel 3

0 30444950 Italy 8

0 00656590 Japan 9

52 3502104028 Kazakhstan 37

7 008128 Kenya 3

12 003321124 Korea, North 12

0 10277278630 Korea, South 63

20 1901046 Kyrgyzstan 4

0 000000 Latvia 0

0 001100 Lebanon 0

0 005720 Lesotho 3

0 000000 Lithuania 0

0 001100 Macedonia 0

13 2011027 Madagascar 2

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 24: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2014/2015 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductio

n

Beginning

Stocks

Country

33 300102028 Malawi 21

0 2204465220 Malaysia 22

231 15205059117 Mali 132

0 00202050 Mauritius 5

297 35540318012739 Mexico 161

0 008830 Moldova 3

0 00363670 Morocco 7

37 300102429 Mozambique 29

0 002200 Netherlands 0

2 200001 Nicaragua 0

2 101011 Niger 1

44 11048112247 Nigeria 17

2,308 12052,341174539642 Pakistan 555

0 000000 Panama 0

10 405135 Paraguay 4

25 109872505 Peru 48

0 00111120 Philippines 3

0 003310 Poland 1

0 00353680 Portugal 8

0 001100 Romania 0

0 007371180 Russia 16

11 1001035 Senegal 3

0 300210 Singapore 1

0 000000 Slovakia 0

0 001100 Slovenia 0

2 002103 Somalia 0

19 60211794 South Africa 18

72 700531016 Spain 10

1 003211 Sri Lanka 1

28 901701415 Sudan 16

0 000000 Sweden 0

0 003310 Switzerland 1

65 3804403713 Syria 20

0 00183180470 Taiwan 44

87 820806138 Tajikistan 59

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 25: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2014/2015 (Continued)

Area

Harvested

Ending

Stocks

ExportsLossUseImportsProductio

n

Beginning

Stocks

Country

82 3903808987 Tanzania 93

0 15316321470 Thailand 46

44 38030927 Togo 11

2 0010830 Tunisia 3

697 5401,37279529594 Turkey 361

332 19601520261119 Turkmenistan 245

25 220101311 Uganda 15

0 002200 Ukraine 0

0 000000 United Kingdom 0

3,553 2,39577733533824 United States 914

0 001100 Uruguay 0

849 49003270272280 Uzbekistan 304

19 0022353 Venezuela 5

1 008829581081 Vietnam 186

7 007014 Yemen 1

33 360103535 Zambia 31

39 443705544 Zimbabwe 41

World

25,906 7,533-1624,1387,52622,3837,364 World 24,160

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 26: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

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

5449,54590,779-1,42492,20326,156166,48026,22989,11132,01251,140 2000/01

5854,58293,726-78194,50729,066177,37429,32298,50733,71949,545 2001/02

4847,75897,683-80498,48730,400175,84130,23391,02630,77654,582 2002/03

4948,29697,194-90998,10333,157178,64734,17596,71432,34347,758 2003/04

5660,881107,983-1,245109,22834,934203,79833,985121,51735,69548,296 2004/05

5361,805115,180-1,793116,97344,922221,90744,693116,33334,77060,881 2005/06

5163,048122,574-1,715124,28937,501223,12338,305123,01334,60261,805 2006/07

5062,368121,722-2,094123,81638,998223,08839,463120,57732,89563,048 2007/08

5662,175108,918-1,536110,45430,172201,26530,597108,30030,63462,368 2008/09

3947,201119,608-62119,67035,718202,52736,993103,35930,23762,175 2009/10

4450,713115,5789115,56935,226201,51736,763117,55333,52647,201 2010/11

7173,978103,594-370103,96446,111223,68345,383127,58735,96450,713 2011/12

8490,766106,814-828107,64246,587244,16746,464123,72534,38873,978 2012/13

94102,802108,442-513108,95540,079251,32340,080120,47732,74490,766 2013/14

100110,964110,788-74110,86234,599256,35134,567118,98233,824102,802 2014/15

94108,135114,292-145114,43734,047256,47434,049111,46131,750110,964 2015/16

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 27: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

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

386,337-2633,54113,26122,876012,82510,0519123,063 2008/09

192,947-143,55012,03718,520012,1836,3378703,049 2009/10

142,6001823,90014,37621,058918,1022,9479104,330 2010/11

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

233,8003483,50013,02620,6741017,3143,3509993,772 2012/13

172,4501923,55010,53016,7221312,9093,8009213,053 2013/14

294,200313,55011,00018,7811216,3192,4509393,783 2014/15

294,200-403,75010,80018,7101014,5004,2009183,440 2015/16

Foreign Agricultural Service/USDA July 2015Office of Global Analysis

Page 28: Department of Agriculture Cotton: Foreign World Markets and Trade Service July 2015 ... · 2015. 7. 10. · 2015/16 TRADE OUTLOOK . Major Exporters: • Brazil is increased 200,000

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

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

43,545-94183,34119,416145,36126,21371,92347,22558626,730 2000/01

47,134-96186,81118,066151,05029,30178,20443,54560528,123 2001/02

42,373-97091,21418,500151,11730,16673,81747,13462425,751 2002/03

44,846-1,12091,83719,399154,96234,13078,45942,37362227,485 2003/04

55,386-1,353102,53720,498177,06833,95698,26644,84670430,411 2004/05

55,736-1,593111,10227,249192,49444,66592,44355,38669029,184 2005/06

53,565-2,018119,34124,542195,43038,272101,42555,73375029,450 2006/07

52,314-2,523119,22025,364194,37539,440101,37053,56577028,650 2007/08

55,836-1,273106,90516,911178,37930,59095,47552,31475427,571 2008/09

44,253-48116,11423,681184,00036,98891,17655,83673027,188 2009/10

48,112-173111,66520,850180,45436,75099,45144,25374229,196 2010/11

70,627-198100,66034,397205,48645,360112,01448,11275932,135 2011/12

86,965-1,176104,13833,561223,48846,450106,41170,62775730,616 2012/13

100,350-705105,40029,549234,59440,061107,56886,96578929,691 2013/14

106,762-105107,30723,599237,56334,550102,663100,35074430,041 2014/15

103,933-105110,68223,247237,75734,03496,961106,76274628,310 2015/16

Foreign Agricultural Service/USDA July 2015Office of Global Analysis