Cotton: World Markets and Trade (September 2002)

September 2002 Edition:

World Cotton Consumption Increases

14 percent Since MY98/99

World cotton consumption in MY02/03 is up 14 percent, or 12.03 million 480-lb bales, from MY98/99. The gains in consumption, however, are not evenly distributed. Increases in consumption, totaling 16.53 million 480-lb bales, are seen in 28 countries while decreases are seen in 20 countries, totaling 4.5 million bales. The decrease in the United States accounts for 59 percent of the decline with smaller losses in Japan, Portugal, Egypt, Taiwan, and Mexico. China saw the largest gain in cotton consumption, 7.6 million 480-lb bales, or 40 percent more than in MY98/99. Pakistan, Turkey, India, Thailand, and the Russian Federation also saw large increases in consumption.

MY02/03 world consumption is forecast to increase 2.4 percent from last year, slightly above the longer-term trend. Modest growth is seen in China this year compared to the previous years. Russia’s recovery from the lows seen in MY98/99 is not forecast to continue in MY02/03 due to uncertainties over general economic recovery in Russia. The United States’ decline from record high consumption in MY98/99 is forecast to turn around as consumption is forecast up slightly in MY02/03 from the previous year. Turkey, India, and Pakistan are forecast to continue their upward consumption trends but at more moderate growth rates than were seen over the past several years.

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TABLE OF CONTENTS

U.S. Cotton Outlook
World Cotton Outlook
Cotton Prices
U.S. Cotton Highlights

Most statistical tables contained in this circular may be viewed in Adobe Acrobat format ® (.pdf).

Tables

Table 1: World Cotton Supply, Use and Trade, 1996/97-2002/2003 (1,000 metric tons) {.pdf}
Table 2: World Cotton Supply, Use and Trade, 1996/97-2002/2003 (1,000 480-lb. bales) {.pdf}
Table 3: FY 2002 GSM-102 and Supplier Credit Programs {.pdf .csv}
Table 4: Area, Yield, and Production by Country 2001/2002-2002/2003 {.pdf}
Table 5: Cotton Supply & Distribution by Country 2002/2003 (1,000 480-lb. bales) {.pdf}
Table 5-A: Cotton Supply & Distribution by Country 2002/2003 (1,000 metric tons) {.pdf}
Table 6: Cotton Supply & Distribution by Country 2002/2003 (1,000 480-lb. bales) {.pdf}
Table 6-A: Cotton Supply & Distribution by Country, 2002/2003 (1,000 metric tons) {.pdf}
Table 7: Export Sales Summary {.pdf .csv}
Table 8: Northern European Cotton and Adjusted World Price {.pdf}
Table 9: World Cotton Production, Yield, Supply, and Utilization {.pdf}
Table 10: United States Cotton Production, Yield, Supply, and Utilization {.pdf}
Table 11: Foreign Cotton Production, Yield, Supply, and Utilization {.pdf}
Table 12: New Independent States Cotton Supply and Demand, MY 1991/92-2002/2003 {.pdf}
Table 13:Summary of Changes1993/1994-2002/2003 (1,000 480-lb. bales) {.pdf}

	Most statistical tables are available in Adobe Acrobat and Lotus version 3 format. You may need to GET the Acrobat reader.
Download the trade tables in Lotus 123 version 3 format. Please note that some versions of Netscape Navigator will change the filename extension; if this happens, you MUST rename the file to .wk3 to access it.

Last modified: Tuesday, August 30, 2005