ICAC - World Cotton Supply and Distribution
Posted : March 21, 2019

Global Consumption Growth Projected to Slow to 0.04% in 2018/19

01 March 2019

Executive Summary

Highlights from the March edition of Cotton This Month regarding the 2018/19 season:

  • Global consumption growth is expected to slow to 0.04%
  • Growth in mill-use in East Asia is expected to slow to 6%
  • Mill-use expansion in Bangladesh is expected to slow to 7%
  • China’s consumption growth is expected to slow by 8%
  • Consumption is expected to increase by double digits in Turkey, Indonesia and Uzbekistan

Global Consumption Growth Projected to Slow to 0.04% in 2018/19
Global cotton consumption is projected to post its third straight year of growth — but just barely, with an expected increase of only 0.04%. Many of the top consuming countries are undergoing a slowing in consumption growth, including:

  • East Asia — 6%, down from 14% the year before
  • Bangladesh — 7%, down from 15% in 2017/18
  • Vietnam — 3%, down from seven straight seasons of double-digit growth.

After posting 15% growth in 2017/18, China is expected to see its consumption growth slow by 8%.
On the other end of the spectrum are Turkey, Indonesia and Uzbekistan, all of which are projected to increase their consumption by double digits. India is expected to expand its mill-use as well, although by only 1%.
The future of US-China trade tariffs remains uncertain, and while they might soon be lifted, they might also be increased. That lack of clarity is making it difficult for growers in the Northern Hemisphere to make their planting decisions for the coming season.


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