Expected Revival In World Cotton Production In 2021/22 Season

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  • Global production is expected to increase by 3% to 25 million tonnes in 2021/22
  • Consumption posted a 12.4% increase to 25.5 million tonnes in 2020/21, with a similar performance expected in 2021/22
  • Concerns remain due to Covid-19’s stubbornness, with threats from factory closings and logistical problems looming in Bangladesh and Vietnam

Expected revival in world cotton production in 2021/22 season
The coronavirus might have won the battle in 2021/21, driving down global cotton production to 24.2 million tonnes, a decline of 7% from the season before. But the industry has responded well and production is expected to rise by 3% in 2021/22 to reach 25 million tonnes.

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The increase will be led by:

  • The USA, which is projected to reach 3.8 million tonnes, up 22% from the season before,
  • India, whose production is expected to remain high in 2021/22 (5.9 million tonnes), and
  • Brazil, which hasn’t publicly announced its production area and forecasts yet because sowing won’t begin until December but still should reach about 2.3 million tonnes.
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On the bright side, global cotton consumption and trade have seen a welcome recovery in the 2020/21 season, with consumption increasing by 12.4% to reach 25.5 million tonnes, with a similar trajectory projected for 2021/22. But Covid-19 has proven itself to be very stubborn; recent reports from Bangladesh and Vietnam indicates that Covid infections are on the rise, so lockdown-induced factory closures and shipping problems are still major threats, leaving manufacturers scrambling to fill their orders.

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