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Trends in the Global Cotton Market: Where Does Africa Stand?. Dr. Alejandro Plastina , Economist International Cotton Advisory Committee 11 th Congress of A.C.A. - Lomé , Togo - March 22, 2013. Past Trends in Cotton Production. World Cotton Production and Mill Use. Million tons.
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Trends in the Global Cotton Market: Where Does Africa Stand? Dr. Alejandro Plastina , Economist International Cotton Advisory Committee 11th Congress of A.C.A. - Lomé, Togo - March 22, 2013
World Cotton Production and Mill Use Million tons Production Mill Use
Cotton Production in Africa Million tons Share of World Production Production
Cotton Area in Africa Million hectares Share of World Area Area
World Average Yield (rainfed + irrigated) Kg/ha 762 576 Africa: Avg. 362
Africa: Cotton Production by Region Million tons East and Southern Africa
Africa: Cotton Area by Region Million hectares East and Southern Africa
Africa: Yields by Region Kilograms of lint per hectare East and Southern Africa
Cotton Mill Use in Africa Million tons Share of World Mill Use Mill Use
Cotton Exports in Africa Million tons Share of World Exports Exports
World Cotton Area Million Hectares
Technological Changes in Agriculture • Mechanization • Synthetic fertilizers • Insecticides • Herbicides • Biotechnology • ?
Average World Yield Kg/ha
World Cotton Production Million Tons
Cotton Area in Africa Million hectares
Cotton Production in Africa Million tons
African Cotton: Buyers Perceptions Positives: High Quality Fewer Neps Negatives: Contaminated Declining Availability Difficult Logistics Hand classed
African Cotton Sector: other issues Yarn production: China ASEAN Africa? Global futures contract: FOB African port? Second hand clothing? Can problems be solved? CFC/ICAC Project on Sudan cotton stickiness. $95 million extra revenue 1997-2009
Thank you for you attention www.icac.org
Growth in World Cotton Mill Use Growth in World GDP
World Cotton Production and Mill Use Million tons Production Mill Use
Cotton Mill Use by Country Million tons
Cotton Production by Country Million tons
Cotton Exports by Country Million tons
World Cotton Imports Million tons
Cotton Imports by Country Million tons
World ending stocks and stocks-to-use ratio Million tons Stocks-to-use ratio
World Cotton Ending Stocks Million tons Stocks to use ratio
Location of Global Cotton Stocks Million tons 30% 31% 22% 44% 48% 53% China’s Share of Global Cotton Stocks (10-year avge to 10/11: 28%)
Extra-fine Cotton Thousand tons 2.3% Share of World Total 1.9% 1.8% 1.9% 1.9% Identity Cottons Thousand tons 2.2% 1.3% 1.4% 1.0%
DIRECT ASSISTANCE TO COTTONAND PRICES Billion US$ A Index (US$/lb)
WORLD PRODUCTION UNDER DIRECT ASSISTANCE Million Tons Average With Assistance: 53% 84% 49%