United States Department of Agriculture Foreign Agricultural Service Circular Series FOP - November Cotton: World Markets and Trade Peru Cotton Production, Consumption and Imports Lb. Bales Production Cotton Imports Consumption Cotton Imports from the U.S. / / / / / / / Peru started importing small amounts of cotton in the early s and by / imports became the rule rather than the exception. In / imports accounted for nearly percent of domestic consumption as Peru s textile industry expanded. In /, imports accounted for percent of domestic consumption. Usually percent of Peru s cotton imports come from the United States. U.S cotton exports to Peru in / totaled thousand bales, up slightly from the year prior. Since /, U.S. cotton exports to Peru have increased percent. The Pima crop, grown in Northern Peru, is subject to variations in water availability that dictates whether rice or an alternative crop is grown. The supply of Peruvian Pima is limited and insufficient to meet the demands of the domestic spinning mills. According the Peru Ministry of Agriculture, farmers in the Piura area that grow most of the ELS output have reported planting only, hectares during the normal planting period, down from the, hectares planted last year. Thus the / Peru Pima production appears set to fall slightly from last season. Use of cotton in Peru has gradually expanded over the past years. In the s cotton use in Peru averaged thousand bales per year. In the s, the use expanded to thousand bales and USDA projects use in / to be thousand bales. Textiles have become one of Peru s top exports. The Peruvian industry s export strategy is to position its products in the higher end market. They are aware Approved by the World Agricultural Outlook Board/USDA
that it would be difficult to compete against China in the low price sector so they have turned to high value products. Cotton production in the s averaged thousand bales, but dropped to an average of thousand in the s. Since /, production has dropped to an average of thousand bales, which reflects the low output in / to /. USDA s forecast for the / crop is thousand bales. The decrease in production, compared to the s and s, is caused by a dramatic drop in area harvested since /. In the last six years, area harvested has averaged thousand hectares, compared to an average of thousand hectares harvested in the s and thousand harvested in the s. November
Table Cotton World, Use, and Trade (Season August ) ( MT) / / / / Oct / Nov / Production none China, Peoples Republic,,,,,, United States,,,,,, India,,,,,, Pakistan,,,,,, Uzbekistan, Republic of,,,,, Brazil,,,,, Turkey Other,,,,,,,,,,,, USE Dom. Consumption none China, Peoples Republic,,,,,, India,,,,,, Pakistan,,,,,, Turkey,,,,,, United States,,,,,, Brazil Bangladesh Indonesia Thailand Mexico Other,,,,,,,,,,,, Imports none China, Peoples Republic,,,,, Turkey Bangladesh Pakistan Indonesia Thailand Russian Federation Mexico Taiwan Korea, Republic of Other,,,,,,,,,,,, Exports none United States,,,,,, Uzbekistan, Republic of,,, India Australia Brazil Burkina Greece Mali Syria Kazakhstan, Republic of Other,,,,,,,,,,,, Ending none China, Peoples Republic,,,,,, India,,,, United States,,,,, Brazil,, Pakistan Turkey Uzbekistan, Republic of Other,,,,,,,,,,,, November
Table Cotton World, Use, and Trade (Season August ) ( Bales) / / / / Oct / Nov / Production none Brazil,,,,,, China, Peoples Republic,,,,,, India,,,,,, Pakistan,,,,,, Turkey,,,,,, United States,,,,,, Uzbekistan, Republic of,,,,,, Other,,,,,,,,,,,, USE Dom. Consumption none Bangladesh,,,,,, Brazil,,,,,, China, Peoples Republic,,,,,, India,,,,,, Indonesia,,,,,, Mexico,,,,,, Pakistan,,,,,, Thailand,,,,,, Turkey,,,,,, United States,,,,,, Other,,,,,,,,,,,, Imports none Bangladesh,,,,,, China, Peoples Republic,,,,,, Indonesia,,,,,, Korea, Republic of,,,,,, Mexico,,,,,, Pakistan,,,,, Russian Federation,,,,,, Taiwan,,,,,, Thailand,,,,,, Turkey,,,,,, Other,,,,,,,,,,,, Exports none Australia,,,,,, Brazil,,,, Burkina,,, Greece,,,,,, India,,, Kazakhstan, Republic of Mali,,,, Syria United States,,,,,, Uzbekistan, Republic of,,,,,, Other,,,,,,,,,,,, Ending none Brazil,,,,,, China, Peoples Republic,,,,,, India,,,,,, Pakistan,,,,,, Turkey,,,,,, United States,,,,,, Uzbekistan, Republic of,,,,, Other,,,,,,,,,,,, November
Table FY GSM- Export Credit Guarantees Summary (Million $U.S.) FY YTD for all Commodities FY Cotton Reg /, / FY Cotton Reg /, / Announced Application Country (months) Allocation received Balance YTD YTD Central America /...... India (). -. -.. Indonesia - - - - - - South Korea ()...... Mexico ()... -.. South America Region /...... Turkey...... Other,..,. -.. TOTAL,.,.,.... FY Supplier Credit Guarantee Program (SCGP) Activity Summary (Million $ U.S.) FY YTD for all Commodities FY Cotton Reg /, / FY Cotton Reg /, / Announced Application Country (days) Allocation received Balance YTD YTD Central America / - - - - - - India - - - - - - Mexico - - - -.. Middle East Region / - - - -.. South America Region / - - - -.. Turkey - - - - - - Caribbean Region / - - - - - - Other - - - - - - TOTAL - - - -.. / Includes Cotton, Cotton Linters, Cotton Yarn, and Cotton Fabric. / Cotton Registrations includes registrations and/or cancellations from Oct,. / Cotton Registrations includes registrations and/or cancellations from Oct,. / Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama / Bahrain, Egypt, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, United Arab Emirates / Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Peru, and Venezuela / Barbados, British Virgin Islands, Cayman Islands, Dominican Republic, Grenada, Haiti, Jamaica, Netherlands Antilles, St. Lucia, St. Vincent and the Grenadines, and Trinidad and Tobago NOTES: There was no allocations announcement for the Supplier Credit Guarantee Program for FY. Registrations current as of September, Nov- November
Table Cotton Area, Yield, and Production Country / Region Area (Million hectares) Yield (Kilograms per hectare) Production (Million lb. bales) Change in Production Prel. / Proj. Prel. / Proj. Prel. / Proj. From last month From last year / / Oct Nov / / Oct Nov / / Oct Nov MBales Percent MBales Percent World............ -. -... United States........... Foreign............ -. -... Western Hemisphere Brazil....,.,.,.,......... Mexico....,.,.,.,......... Argentina................ Paraguay................ Peru................ Colombia.............. -. -. Africa Burkina................ Mali.............. -. -. Cote d'ivoire.............. -. -. Cameroon............ -. -... Benin................ Chad................ Togo................ Senegal................ Egypt................ Zimbabwe................ Nigeria................ Asia Oceania China, Peoples....,.,.,.,......... India................ Pakistan............ -. -. -. -. Kazakhstan, Republic............ -. -. -. -. Tajikistan, Republic of............ -. -... Turkmenistan................ Uzbekistan, Republic.............. -. -. Turkey....,.,.,.,..... -. -... Australia....,.,.,.,..... -. -. -. -. Syria....,.,.,.,..... -. -. -. -. Burma, Union of................ Europe Greece....,.,.,.,..... -. -. -. -. Spain....,.,....... -. -. -. -. Others. Note: Yeild for Foreign and Others is an incorrect calculation.............. -.. -. -. -. -. -. November
(, HA and -lb. Bales) Table Cotton and Distribution MY / Country Area Harvested Yield Use Loss Exports Ending Afghanistan Albania Algeria Angola, Argentina Armenia, Republic of,, -,,,, Australia Austria Azerbaijan, Republic of Bahrain,,, Bangladesh Belarus Belgium-Luxembourg Benin Bolivia,,,,,,, Brazil, Bulgaria,,, Burkina Burma, Union of Cambodia Cameroon Canada Central African Republic Chad Chile, -,,,,,,,, China, Peoples Republic of Colombia Congo, Democratic Rep of Costa Rica Cote d'ivoire Croatia Cuba Cyprus Czech Republic Denmark Dominican Republic Ecuador,,, Egypt El Salvador Estonia Ethiopia France November
Country Area Harvested Yield Use Loss Exports Ending Germany Ghana,,,, Greece Guatemala Guinea Haiti Honduras Hong Kong Hungary,,,,,,, India,,, Indonesia Iran Iraq Ireland, Israel Italy Japan Kazakhstan, Republic of Kenya Korea, Democratic Peoples,,, Korea, Republic of Kyrgyzstan, Republic of Latvia Lebanon Lithuania Macedonia, Republic of Madagascar Malawi Malaysia,,, Mali Mauritius,,,,,, Mexico Moldova, Republic of Morocco Mozambique Netherlands Nicaragua Niger Nigeria,,,,,,, Pakistan Panama Paraguay Peru Philippines Poland November
Country Area Harvested Yield Use Loss Exports Ending Portugal Romania,,, Russian Federation Senegal Serbia and Montenegro Singapore Slovakia Slovenia Somalia South Africa, Republic of Spain Sri Lanka Sudan Sweden Switzerland,,, Syria,,, Taiwan Tajikistan, Republic of Tanzania, United Republic,,,, Thailand Togo, Tunisia,,,,,,, Turkey,, Turkmenistan Uganda Ukraine United Kingdom,, -,,,,, United States Uruguay,,,,,, Uzbekistan, Republic of, Venezuela Vietnam Yemen Zambia Zimbabwe World,, -,,,,,,, World November
( MT) Table A Cotton and Distribution MY / Country Use Loss Dom. Cons. Exports Ending Distributio Afghanistan Albania Algeria Angola Argentina Armenia, Republic of - - Australia Austria Azerbaijan, Republic of Bahrain Bangladesh Belarus Belgium-Luxembourg Benin Bolivia,,, Brazil Bulgaria Burkina Burma, Union of Cambodia Cameroon Canada Central African Republic Chad Chile,,, -,,,,, China, Peoples Republic of Colombia Congo, Democratic Rep of Costa Rica Cote d'ivoire Croatia Cuba Cyprus Czech Republic Denmark Dominican Republic Ecuador Egypt El Salvador Estonia Ethiopia France November
Country Use Loss Dom. Cons. Exports Ending Distributio Germany Ghana Greece Guatemala Guinea Haiti Honduras Hong Kong Hungary,,,,,,, India Indonesia Iran Iraq Ireland Israel Italy Japan Kazakhstan, Republic of Kenya Korea, Democratic Peoples Korea, Republic of Kyrgyzstan, Republic of Latvia Lebanon Lithuania Macedonia, Republic of Madagascar Malawi Malaysia Mali Mauritius Mexico Moldova, Republic of Morocco Mozambique Netherlands Nicaragua Niger Nigeria,,,,, Pakistan Panama Paraguay Peru Philippines Poland November
Country Use Loss Dom. Cons. Exports Ending Distributio Portugal Romania Russian Federation Senegal Serbia and Montenegro Singapore Slovakia Slovenia Somalia South Africa, Republic of Spain Sri Lanka Sudan Sweden Switzerland Syria Taiwan Tajikistan, Republic of Tanzania, United Republic Thailand Togo Tunisia,,,, Turkey Turkmenistan Uganda Ukraine United Kingdom,,,, -,,,, United States Uruguay,,,, Uzbekistan, Republic of Venezuela Vietnam Yemen Zambia Zimbabwe World,,,, -,,,,, World November
(, HA and -lb. Bales) Table : Cotton and Distribution by Country / Country Area Harvested Yield Use Loss Exports Ending Afghanistan Albania Algeria Angola, Argentina Armenia, Republic of,, -,,,, Australia Austria Azerbaijan, Republic of Bahrain,,, Bangladesh Belarus Belgium-Luxembourg Benin Bolivia,,,,,,, Brazil, Bulgaria,,, Burkina Burma, Union of Cambodia Cameroon Canada Central African Republic Chad Chile, -,,,,,,,, China, Peoples Republic of Colombia Congo, Democratic Rep of Costa Rica Cote d'ivoire Croatia Cuba Cyprus Czech Republic Denmark Dominican Republic Ecuador,, Egypt El Salvador Estonia Ethiopia France November
Country Area Harvested Yield Use Loss Exports Ending Germany Ghana,,,, Greece Guatemala Guinea Haiti Honduras Hong Kong Hungary,,,,,,, India,,, Indonesia Iran Iraq Ireland, Israel Italy Japan Kazakhstan, Republic of Kenya Korea, Democratic Peoples,,, Korea, Republic of Kyrgyzstan, Republic of Latvia Lebanon Lithuania Macedonia, Republic of Madagascar Malawi Malaysia,,, Mali Mauritius,,,,,, Mexico Moldova, Republic of Morocco Mozambique Netherlands Nicaragua Niger Nigeria,,,,,,, Pakistan Panama Paraguay Peru Philippines Poland November
Country Area Harvested Yield Use Loss Exports Ending Portugal Romania,,, Russian Federation Senegal Serbia and Montenegro Singapore Slovakia Slovenia Somalia South Africa, Republic of, Spain Sri Lanka Sudan Sweden Switzerland,,, Syria,,, Taiwan Tajikistan, Republic of Tanzania, United Republic,,,, Thailand Togo, Tunisia,,,,,,, Turkey, Turkmenistan Uganda Ukraine United Kingdom,, -,,,,, United States Uruguay,,,,,, Uzbekistan, Republic of, Venezuela Vietnam Yemen Zambia Zimbabwe World,, -,,,,,,, World November
(, Metric Tons) Table A: Cotton and Distribution by Country / Country Use Loss Dom. Cons. Ending Exports Distributio Afghanistan Albania Algeria Angola Argentina Armenia, Republic of, - -, Australia Austria Azerbaijan, Republic of Bahrain Bangladesh Belarus Belgium-Luxembourg Benin Bolivia,,,, Brazil Bulgaria Burkina Burma, Union of Cambodia Cameroon Canada Central African Republic Chad Chile,,, -,,,,, China, Peoples Republic of Colombia Congo, Democratic Rep of Costa Rica Cote d'ivoire Croatia Cuba Cyprus Czech Republic Denmark Dominican Republic Ecuador Egypt El Salvador Estonia Ethiopia France November
Country Use Loss Dom. Cons. Ending Exports Distributio Germany Ghana Greece Guatemala Guinea Haiti Honduras Hong Kong Hungary,,,,,,, India Indonesia Iran Iraq Ireland Israel Italy Japan Kazakhstan, Republic of Kenya Korea, Democratic Peoples Korea, Republic of Kyrgyzstan, Republic of Latvia Lebanon Lithuania Macedonia, Republic of Madagascar Malawi Malaysia Mali Mauritius Mexico Moldova, Republic of Morocco Mozambique Netherlands Nicaragua Niger Nigeria,,,,, Pakistan Panama Paraguay Peru Philippines Poland November
Country Use Loss Dom. Cons. Ending Exports Distributio Portugal Romania Russian Federation Senegal Serbia and Montenegro Singapore Slovakia Slovenia Somalia South Africa, Republic of Spain Sri Lanka Sudan Sweden Switzerland Syria Taiwan Tajikistan, Republic of Tanzania, United Republic Thailand Togo Tunisia,,,, Turkey Turkmenistan Uganda Ukraine United Kingdom,,,, -,,,, United States Uruguay,,,, Uzbekistan, Republic of Venezuela Vietnam Yemen Zambia Zimbabwe World,,,, -,,,,, World November
Table : U.S. Export Sales Summary MY/ (, Running Bales) Monthly Net Sales Current Marketing Year -Oct- through -Oct- ---------Upland--------- Pima All Upland >-/" " to - /" < " European Union -..... Other Europe..... Eastern Europe..... Former Soviet Union -..... Japan..... Taiwan..... China..... Korea, Republic of..... India..... Other Asian and Oceania..... Africa..... Western Hemisphere..... Unknown. -. -... -week TOTAL..... Weekly Net Sales Average..... Previous Marketing Year -Oct- through -Oct- ---------Upland--------- Pima All Upland >-/" " to - /" < " -week TOTAL..... Weekly Net Sales Average..... Note: s may not add due to rounding. Source: USDA/FAS Nov- All Cotton s, Marketing Year-YTD Current MY as of Previous MY as of -Oct- -Oct- (-week TOTAL) (-week TOTAL) Accumulated Exports,.,. Outstanding Sales,.,. Commitments,.,. Weekly Export Average.. Note: s may not add due to rounding. Source: USDA/FAS Nov- November
Table Northern European Cotton Price Quotations and USDA's Adjusted World Price (in cents per pound) Date Cotlook A- Index Yearly Average Memphis Territory Memphis - A- Index Lowest A- Index Quote /..... /..... /..... /..... /..... /..... /..... /..... /.. -... /..... /..... /..... /..... Monthly Average January..... February..... March..... April..... May..... June..... July... August..... September..... October..... November..... December..... January..... February..... March..... April..... May..... June..... July..... August..... September..... October..... Weekly Average -Aug-..... -Aug-..... -Aug-..... -Aug-..... -Aug-..... -Sep-..... -Sep-..... -Sep-..... -Sep-..... -Oct-..... -Oct-..... -Oct-..... -Oct-.... Adjusted World Price The A-Index is the average of the five lowest quotes of the following descriptions (all -/"): Memphis Terr.; Calif. Ariz; Mexico; Central America; Paraguayan; Turkish; Uzbeki; Pakistani ; Indian H-; Chinese Type ; West African; Tanzanian; Greek; Syrian; and Australian. Reflects incorporation of forward shipment quotations but does not include the Secretary's discretionary adjustments. Averages for August and forward reflect / quotations; others are / quotations. SOURCE: Cotlook, Ltd. United Kingdom Nov November
(, HA and -lb. Bales) Table : World Cotton and Distribution Country Mktg Year Area Harvested Yield Exports Use Loss Ending Stock to Use % World World,,,,,,,, /,,,,,,,, /, -,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /, -,,,,,,, /,,,,,,,, /, -,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,,, /, -,,,,,,, /, -,,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,,, /, -,,,,,,,, /, -,,,,,,,, / November
Country Mktg Year Area Harvested Yield Exports Use Loss Ending Stock to Use % November
(, HA and -lb. Bales) Table : United States Cotton and Distribution Country Mktg Year Area Harvested Yield Exports Use Loss Ending Stock to Use % United States, -,,,,,, /, -,,,,,, /, -,,,,,, /, -,,,,,, /, -,,,,,, /, -,,,,,, /, -,,,,,, /,,,,,,, /, -,,,,,, /, -,,,,,, /, -,,,,,, /, -,,,,,, /, -,,,,,, /,,,,,,, /, -,,,,,, /, -,,,,,, /, -,,,,,, /, -,,,,,, /,,,,,,, /, -,,,,,, /, -,,,,,, /,,,,,,, /, -,,,,,, /, -,,,,,, /, -,,,,,, /,,,,,,, /, -,,,,,, /,,,,,,, /, -,,,,,, /,,,,,,, /, -,,,,,, /,,,,,,, /,,,,,,, /,,,,,,, /,,,,,,, /, -,,,,,, /, -,,,,,, / November
(, HA and -lb. Bales) Table : Foreign Cotton and Distribution Country Mktg Year Area Harvested Yield Exports Use Loss Ending Foreign,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,, /, -,,,,,,,, /, -,,,,,,,, /, -,,,,,,,, / November