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Thursday, 05 August 2021 12:50

Global cotton production to increase by 3 per cent in 2021-22

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As per August 2021 edition of Cotton This Month by the International Cotton Advisory Committee (ICAC), global cotton production is expected to increase by 3 per cent to 25 million tonne in 2021/22 Consumption is expected to increase by 12.4 per cent during the year.

Production by the US is projected to increase by 22 per cent to 3.8 million tonne from the season before. India’s production is expected to remain high at 5.9 million tonne, and Brazil’s production is expected to reach about 2.3 million tonne.

Global cotton consumption is expected to increase by 12.4 per cent to reach 25.5 million tonne in 2021/22. However, the resurgence in COVID-19 cases leading to factory closures and shipping problems threatens to derail consumption.