united states cotton: world markets and trade · 2002. 4. 1. · united states department of...

United States Department of Agriculture

Foreign Agricultural Service

Cotton: World Markets and Trade

Circular Series FC-04-02 April 2002

U.S. Exports Nearly Double Year-ago Levels Due to Growth in Exports to Asia

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-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

2001/02 2000/01 Share of increase

Accumulated exports for marketing year 2001/02 of Upland cotton reached 7.25 million 480-lbs bales as of April 4, nearly twice the level of exports last year at the same time. Three countries India, Turkey, and Taiwan account for over half the 3.5 million-bale increase while Thailand, Indonesia, Pakistan, and Bangladesh account for over a third of the increase. Exports to Mexico, the largest market for U.S. cotton, and to the Western Hemisphere in general, are nearly unchanged from the same time last year. Last marketing year exports to the Western Hemisphere accounted for 45 percent of total U.S. exports. Exports to the rest of the world are up significantly, over 180 percent.

With four months left in the marketing year, total accumulated exports are just over 71 percent of the forecast for the entire year. In order to meet the MY 2001/02 export forecast of 10.5 million bales, weekly exports must average approximately 180,000 bales. The current goal is attainable considering year-to-date exports have averaged 208,000 bales a week.

Approved by the World Agricultural Outlook Board

Further Information Contact:

U.S. Department of AgricultureForeign Agricultural Service

Cotton, Oilseeds, Tobacco, and Seeds DivisionStop 1051

1400 Independence Ave., SWWashington, D.C. 20250-1051

Telephone -- (202) 720-9516Fax -- (202) 690-1171

J. Lawrence Blum, Director Patrick Packnett, Deputy Director for Analysis

Priscilla Joseph, Group Leader, Cotton and Tobacco

Principal Contributors

James Johnson.................................................................................................. Circular Coordinator [email protected] ................................ Analyst for China, Southeast Asia and other Asia

Peter Burr ....................................................................................................... Senior Policy Analyst [email protected]

Kari Rojas ................................................................................... Analyst for Western Hemisphere [email protected]

Jason Abbott............................Co-op Intern, Analyst for Europe, Africa, Middle East and the NIS [email protected]

Ron Roberson............................................................Chairperson for Foreign Area and Production [email protected]

This circular, and other information, can be found at the FAS/COTS Division Internet site: http://www.fas.usda.gov/cots/cotton.html

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Table of Contents

U.S. Cotton Outlook ................................................................................................................... 4World Cotton Outlook ................................................................................................................ 4Cotton Prices............................................................................................................................... 4U.S. Cotton Highlights................................................................................................................ 5

Tables

Table 1. World Cotton Supply, Use and Trade, 1996/97-2001/02 (1,000 metric tons) ........ 6Table 2. World Cotton Supply, Use and Trade 1996/97-2001/02 (1,000 480-lb. bales) ...... 7Table 3. FY 2000 GSM-102 and Supplier Credit Programs ................................................. 8Table 4. Area, Yield, and Production 2000/01-2001/02 ....................................................... 9Table 5. Cotton Supply & Distribution by Country 2001/02 (1,000 480-lb. bales) .......10-11Table 5-A. Cotton Supply & Distribution by Country 2001/02 (1,000 metric tons)..........12-13Table 6. Cotton Supply & Distribution by Country 2000/01 (1,000 480-lb. bales) .......14-15Table 6-A. Cotton Supply & Distribution by Country, 2000/01 (1,000 metric tons).........16-17Table 7. U.S. Export Sales Summary.................................................................................. 18Table 8. Northern European Cotton and Adjusted World Price.......................................... 19Table 9. World Cotton Production, Yield, Supply, and Utilization .................................... 20Table 10. United States Cotton Production, Yield, Supply, and Utilization ......................... 21Table 11. Foreign Cotton Production, Yield, Supply, and Utilization .................................. 22Table 12. New Independent States Cotton Supply and Demand MY 1991/92-2001/02....... 23Table 13. Summary of Changes1999/2000-2001/02 (1,000 480-lb. bales) .......................... 24

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World and U.S. Cotton Situation and Outlook Marketing Years 1999/2000, 2000/01 and 2001/02

1,000 480-Lb. Bales

World US

1999/2000 2001/022000/01 1999/2000 2001/022000/01% Change 2000/02 2001/02

% Change 2000/02 2001/02

Ending Stocks 42,244 39,672 44,433 12.0% 3,922 6,002 8,300 38.3% Exports 27,273 26,256 28,852 9.9% 6,750 6,763 10,500 55.3% Imports 28,403 26,560 28,881 8.7% 97 15 25 66.7% Production 87,347 88,526 97,561 10.2% 16,968 17,188 20,305 18.1% Use 91,777 92,119 92,682 0.6% 10,241 8,882 7,500 -15.6%

U.S. COTTON OUTLOOK

This month’s 2001/02 U.S. projections include higher production, domestic use and exports, resulting in lower ending stocks. Production is raised 221,000 bales, to 20.3 million, based on USDA’s final Cotton Ginning report. Domestic mill use is raised 200,000 bales based recent turnaround in mill use reflecting improved economic conditions. Exports are increased 200,000 bales to 10.5 million, as export sales remain strong and exports are boosted by the reestablishment of Step-2 payments. Imports are increased to 25,000 bales. Projected ending stocks are lowered 200,000 bales to 8.3 million bales.

The U.S. estimates for 2000/01 are unchanged.

WORLD COTTON OUTLOOK

The world 2001/02 situation includes higher production, consumption, beginning and ending stocks, and lower trade this month. World production is raised 401,000 bales. Production increases of 100,000 bales for Benin, Brazil and Uzbekistan and a smaller increase for Kazakhstan are partially offset by reductions for Paraguay, Cote d’Ivoire and Zimbabwe. World consumption is 702,000 bales higher at 92.7 million bales, due to increases of 200,000 bale for the U.S. and Pakistan, 100,000 bale increases for Turkey and Thailand and smaller increases for several other countries. Imports are forecast down from last month by 335,000 bales. Imports for Brazil are 650,000 bales lower 200,000 bales lower for India. Imports are increased for Bangladesh, Pakistan, Turkey and Thailand by 100,000 bales. The world export forecast is decreased 235,000 bales as increases in the U.S. and Brazil are more than offset by decreases in China Australia, Egypt, Pakistan, Zimbabwe and others. World stocks are increased 464,000 bales this month, to 44.4 million bales.

The world estimates for 2000/01 show higher beginning stocks and higher ending stocks. Higher beginning stocks are due to historical revisions for Brazil

COTTON PRICES Cotlook A Index: The A-Index, a principal measure of international cotton prices, is an average of the five lowest quotes of cotton for delivery to Northern European ports. In March, the index averaged 42.04 cents per pound, down 0.83 cents from the previous month. The African Franc-Zone quote was the lowest in the index during the four-week period, averaging 41.26 cents per pound. The Memphis quote averaged 45.68 cents per pound.

Futures Prices: May 2002 futures prices averaged 38.11 cents per pound in March, up 2.05 cents from last month.

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U.S. COTTON HIGHLIGHTS

Cotton Consumption: The seasonally adjusted daily rate of U.S. cotton consumption in February 2002 was 29,039 (480-lb.) bales, up from 28,344 in January. A total of 602,352 bales were consumed during the four weeks of February, compared with 559,873 during the four weeks of January. The seasonally adjusted annualized consumption rate for the month of February was 7.6 million bales, up from 7.4 million in January.

Textile mill report: Domestic mill purchases were light in March. Most mills have covered their anticipated needs through July 2002, and need only a limited amount of fill in cotton for August through October 2002. Increased demand in denim led to an improvement in demand for open-end yarn. Some mills intend to operate a full production schedule with no scheduled time off during the next few months.

Cotton Stocks: U.S. cotton stocks on hand in consuming establishments at the end of February were 351,338 bales (480-lb), up from 339,075 in January. Stocks held in public storage and compresses in February totaled 13.9 million bales, down from 15.4 million in January. Active spindles in February totaled 2.80 million, of which 1.62 million were dedicated to 100-percent cotton, compared with 3.76 million for the same time last year, with 2.03 million dedicated to 100-percent cotton. Cotton=s share on the cotton spindle system in February was 81.3 percent.

U.S. cotton exports in January 2002 totaled 986,500 (480? lb.) bales, up from 924,440 bales in December 2001, and almost double (422,700 bales higher) total cotton exports in January 2001. According to the U.S. Bureau of the Census, Pakistan and Turkey were the largest destinations in January, accounting for over 142,000 bales each. Thailand, Indonesia and Mexico were other important destinations in January.

U.S. cotton imports in January 2002 came mainly from Egypt and totaled about 1,600 bales, up 1,200 bales from the previous month.

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Table 1 World Cotton Supply, Use, and Trade

1996/97 - 2001/02 (Season Beginning August 1) In 1,000 Metric Tons

2000/01 2001/02 Percent 1996/97 1997/98 1998/99 1999/00 Estimate Forecast change

Production World 19,521 19,978 18,502 19,018 19,274 21,242 10.2% China; Peoples Republic of 4,202 4,594 4,507 3,832 4,420 5,313 20.2% United States 4,124 4,092 3,030 3,694 3,742 4,421 18.1% India 3,030 2,686 2,805 2,652 2,373 2,569 8.3% Pakistan 1,594 1,562 1,372 1,872 1,785 1,742 -2.4% Uzbekistan; Republic of 1,048 1,138 1,002 1,128 958 1,067 11.4% Turkey 784 795 840 791 784 849 8.3% Brazil 280 380 457 675 893 740 -17.1%

Other: 4,458 4,730 4,489 4,373 4,319 4,541 5.1% Use World 19,180 19,011 18,562 19,982 20,057 20,179 0.6% China; Peoples Republic of 4,420 4,267 4,180 4,834 5,117 5,280 3.2% India Pakistan United States Turkey Brazil Indonesia

Other: Imports World

Indonesia

Turkey

Thailand

Mexico

Russian Federation

India

Korea; Republic ofOther:

Exports World

United States

2,857 2,760 2,748 2,950 2,950 2,874 -2.6% 1,524 1,565 1,524 1,666 1,764 1,840 4.3% 2,422 2,471 2,265 2,230 1,934 1,633 -15.6% 1,031 1,089 1,002 1,219 1,110 1,274 14.7%

849 740 849 893 947 914 -3.4% 465 403 479 435 523 523 0.0%

5,612 5,717 5,516 5,756 5,712 5,842 2.3%

6,279 5,703 5,416 6,184 5,783 6,288 8.7% 467 416 506 452 577 544 -5.7% 295 316 248 523 381 512 34.3% 308 269 264 371 345 408 18.4% 195 299 310 395 406 392 -3.5% 218 267 185 348 359 381 6.1%

3 32 111 348 337 381 12.9% 327 288 320 332 309 359 16.2%

4,466 3,817 3,473 3,415 3,068 3,311 7.9%

5,842 5,815 5,154 5,938 5,717 6,282 9.9% 1,495 1,633 946 1,470 1,472 2,286 55.3%

Uzbekistan; Republic of 991 995 830 893 740 708 -4.4% Australia 518 590 662 699 850 642 -24.4% Greece 261 218 210 235 283 250 -11.5% Mali 180 180 207 196 125 207 65.2% Syria 152 218 185 207 229 207 -9.5% Burkina 78 120 114 113 113 152 34.6% Brazil 0 0 5 3 69 152 122.2%

Other: 2,166 1,862 1,995 2,123 1,835 1,677 -8.6% Ending Stocks World 8,764 9,602 9,909 9,198 8,638 9,674 12.0% China; Peoples Republic of 3,626 4,345 4,601 3,257 2,513 2,578 2.6% United States 865 846 858 854 1,307 1,807 38.3% India 1,019 909 1,034 1,070 819 885 8.0% Pakistan 396 331 373 587 576 636 10.4% Australia 315 394 454 503 456 470 3.1% Brazil 295 373 299 467 540 312 -42.3% Turkey 121 121 129 180 209 264 26.0%

Other: 2,126 2,284 2,162 2,281 2,216 2,722 22.8%

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Table 2 World Cotton Supply, Use, and Trade

1996/97 - 2001/02 (Season Beginning August 1) In 1,000 480 Lb. Bales

2000/01 2001/02 Percent 1996/97 1997/98 1998/99 1999/00 Estimate Forecast change

Production World 89,658 91,755 84,979 87,347 88,526 97,561 10.2% China; Peoples Republic of 19,300 21,100 20,700 17,600 20,300 24,400 20.2% United States 18,942 18,793 13,918 16,968 17,188 20,305 18.1% India 13,918 12,337 12,883 12,180 10,900 11,800 8.3% Pakistan 7,323 7,175 6,300 8,600 8,200 8,000 -2.4% Uzbekistan; Republic of 4,813 5,228 4,600 5,180 4,400 4,900 11.4% Turkey 3,600 3,651 3,860 3,634 3,600 3,900 8.3% Brazil 1,286 1,745 2,100 3,100 4,100 3,400 -17.1%

Other: 20,476 21,726 20,618 20,085 19,838 20,856 5.1% Use World 88,093 87,317 85,255 91,777 92,119 92,682 0.6% China; Peoples Republic of 20,300 19,600 19,200 22,200 23,500 24,250 3.2% India Pakistan United States Turkey Brazil Indonesia

Other: Imports World

Indonesia

Turkey

Thailand

Mexico

Russian Federation

India

Korea; Republic ofOther:

Exports World

United States

13,120 12,675 12,620 13,547 13,550 13,200 -2.6% 7,000 7,187 7,000 7,650 8,100 8,450 4.3%

11,126 11,349 10,401 10,241 8,882 7,500 -15.6% 4,735 5,000 4,600 5,600 5,100 5,850 14.7% 3,900 3,400 3,900 4,100 4,350 4,200 -3.4% 2,136 1,850 2,200 2,000 2,400 2,400 0.0%

25,776 26,256 25,334 26,439 26,237 26,832 2.3%

28,841 26,192 24,877 28,403 26,560 28,881 8.7% 2,147 1,910 2,323 2,076 2,650 2,500 -5.7% 1,355 1,450 1,139 2,400 1,750 2,350 34.3% 1,414 1,236 1,211 1,706 1,584 1,875 18.4%

894 1,371 1,422 1,813 1,865 1,800 -3.5% 1,000 1,225 850 1,600 1,650 1,750 6.1%

15 145 508 1,600 1,550 1,750 12.9% 1,504 1,322 1,472 1,524 1,420 1,650 16.2%

20,512 17,533 15,952 15,684 14,091 15,206 7.9%

26,830 26,710 23,672 27,273 26,256 28,852 9.9% 6,865 7,500 4,344 6,750 6,763 10,500 55.3%

Uzbekistan; Republic of 4,550 4,570 3,812 4,100 3,400 3,250 -4.4% Australia 2,380 2,712 3,040 3,209 3,904 2,950 -24.4% Greece 1,200 1,000 964 1,080 1,300 1,150 -11.5% Mali 825 825 950 900 575 950 65.2% Syria 700 1,000 850 950 1,050 950 -9.5% Burkina 360 550 525 520 520 700 34.6% Brazil 0 0 23 12 315 700 122.2%

Other: 9,950 8,553 9,164 9,752 8,429 7,702 -8.6% Ending Stocks World 40,251 44,103 45,513 42,244 39,672 44,433 12.0% China; Peoples Republic of 16,655 19,955 21,133 14,958 11,542 11,842 2.6% United States 3,971 3,887 3,939 3,922 6,002 8,300 38.3% India 4,679 4,174 4,750 4,913 3,763 4,063 8.0% Pakistan 1,818 1,521 1,711 2,696 2,646 2,921 10.4% Australia 1,448 1,808 2,085 2,309 2,095 2,160 3.1% Brazil 1,357 1,711 1,372 2,144 2,482 1,432 -42.3% Turkey 557 558 593 827 962 1,212 26.0%

Other: 9,766 10,489 9,930 10,475 10,180 12,503 22.8%

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Apr-02

Table 3

FY 2002 GSM-102 Export Credit Guarantees, Monthly Summary (Million $U.S.)

Total Total FY 2001 Country 4/ Guarantees Registered Balance Cotton 2/ Total

05-Apr 01-Mar 01-Feb 21-Dec 07-Dec Cotton Andean Region (36) 5/ 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7.9 Argentina (36) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.3 Brazil (36) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10.5 Central America (36) 6/ 250.0 178.2 71.8 8.5 1.8 0.9 2.2 0.3 3.3 21.1 Indonesia (36) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 49.4 Korea Total(24) 850.0 230.9 619.1 N/A N/A N/A N/A N/A N/A N/A Korea Cotton (24) 7/ 190.0 53.7 136.3 53.7 9.2 7.4 13.6 2.1 21.4 49.0 Mexico (24) 500.0 90.5 409.5 43.1 5.0 3.1 1.2 1.2 32.6 117.6 Romania (24) 25.0 0.0 25.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 South America Region (36) 11/ 600.0 227.0 373.0 6.0 2.0 1.0 0.0 3.0 0.0 0.0 Thailand (36) 100.0 0.0 100.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Tunisia (36) 30.0 0.0 30.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Turkey (36) 345.0 241.8 103.2 25.1 5.3 3.8 4.9 5.1 6.0 120.1 Other 1331.0 565.8 765.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL 4031.0 1534.2 2496.8 136.4 23.3 16.2 21.9 11.7 63.3 376.9

FY 2002 Supplier Credit Guarantee Program, Monthly Summary (Million $ U.S.)

Baltic Region 9/ 20.0 0.2 19.8 0.00 0.00 0.00 0.00 0.00 0.00 0.06 Caribbean Region 10/ 10.0 1.5 8.5 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Mexico 200.0 119.4 80.7 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Southeast Balkans Region 12/ 75.0 0.5 74.5 0.30 0.00 -0.04 0.04 0.00 0.30 0.00 Other 607.0 64.2 542.8 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL 912.0 185.8 726.2 0.30 0.00 -0.04 0.04 0.00 0.30 0.06

1/ Includes Cottton, Cotton Yarn, and Cotton Fabric. 2/ Total Cotton Registrations includes registrations and/or cancellations from Oct 1, 2001. 3/ Net registrations for period ending. 4/ Number in parenthesis is maximum term in months. 5/ Bolivia, Chile, Colombia, Ecuador, Peru, and Venezuela. 6/ Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. 7/ Korea has a total Credit Guarantee of $575 million, of which $100 million is allocated specifically for 8/ Repayment terms are 180 days. 9/ Estonia, Latvia, and Lithuania. 10/ Barbados, St. Lucia, St. Vincent and the Grenadines, Dominican Republic, Jamaica, and Trinidad and Tobago. 11/ 12/ Romania and Bulgaria. NOTES: * First registration of cotton for fiscal year.

Cotton and Cotton Product Registration 1/ Period Ending 3/

for all Commodities

8/

cotton.

Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Peru, and Venezuela.

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Table 4 Cotton Area, Yield, and Production

World and Selected Countries and Regions Area (1,000 Ha) Yield (KG/Ha) Production (1,000 Bales)

2000/2001 2000/200 2000/200 2000/20 2000/2001 2000/2001

Western Hemisphere United States Brazil Mexico Argentina Paraguay Peru Colombia OthersTotal

Europe EU

Greece Spain

Others Total

Africa FZA

Mali Burkina Cote d'Ivoire Benin Cameroon Chad Togo

Egypt Zimbabwe Nigeria Tanzania, United RSudan Zambia Uganda Mozambique South Africa, RepuGhana Ethiopia OthersTotal

5,282 5,589 708 791 17,188 20,305 853 750 1,046 987 4,100 3,400

79 85 1,000 1,127 363 440 380 163 421 374 735 280 300 180 327 333 450 275

75 75 537 534 185 184 51 51 581 576 136 135 80 80 337 340 124 125

7,100 6,973 714 785 23,281 25,144

501 506 1,069 1,108 2,459 2,576 410 410 1,081 1,115 2,035 2,100

90 95 1,023 1,089 423 475 18 18 399 399 33 33

519 524 1,045 1,084 2,492 2,609

2,050 2,442 342 406 3,220 4,555 275 520 380 482 480 1,150 275 350 416 482 525 775 300 300 417 526 575 725 380 390 344 405 600 725 200 200 468 474 430 435 400 425 163 179 300 350 125 150 392 399 225 275 223 315 898 985 920 1,425 390 425 307 256 550 500 350 375 249 250 400 430 400 500 136 152 250 350 235 150 315 435 340 300 175 200 165 185 133 170 250 250 74 105 85 120 125 155 131 155 75 110

68 45 496 411 155 85 40 40 381 381 70 70 60 60 254 254 70 70

211 211 217 206 210 200 4,577 5,168 308 353 6,478 8,385

Asia and Oceania China, Peoples Re India Pakistan FSU

Uzbekistan, Rep Turkmenistan Tajikistan, Repu Kazakhstan, Re Azerbaijan, Rep Kyrgyzstan, Rep

Turkey Australia Syria Iran Burma Israel Afghanistan Others Total

Foreign Total

World Total

4,058 4,820 1,089 1,102 20,300 24,400 8,122 8,740 292 294 10,900 11,800 2,928 3,130 610 556 8,200 8,000 2,407 2,492 582 645 6,435 7,385 1,415 1,430 677 746 4,400 4,900

475 500 401 392 875 900 239 245 442 578 485 650 153 184 569 769 400 650

91 90 347 351 145 145 34 43 832 709 130 140

654 688 1,198 1,234 3,600 3,900 505 420 1,595 1,555 3,700 3,000 270 260 1,351 1,340 1,675 1,600 260 200 615 626 735 575 325 320 181 184 270 270

10 16 1,633 1,361 75 100 50 50 370 370 85 85

167 182 391 368 300 308 19,756 21,318 620 627 56,275 61,423

26,670 28,394 582 592 71,338 77,256

31,952 33,983 603 625 88,526 97,561

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Table 5 Cotton Production, Supply and Distribution by Country

MY 2001/2002 (1,000 480 lb Bales)

Beg. Stocks Production Imports Total Supply Use Loss Exports End. Stocks Afghanistan 13 85 0 98 70 0 15 13 Albania 53 1 15 69 35 0 0 34 Algeria 16 0 100 116 100 0 0 16 Angola 7 20 0 27 15 0 5 7 Argentina 321 280 20 621 275 9 225 112 Armenia; Republic of 2 0 1 3 1 0 0 2 Australia 2,095 3,000 0 5,095 150 -165 2,950 2,160 Austria 37 0 152 189 150 0 0 39 Azerbaijan; Republic of 64 145 0 209 9 0 140 60 Bangladesh 95 60 1,000 1,155 1,025 1 0 129 Belarus 15 0 80 95 80 0 0 15 Belgium-Luxembourg 21 0 310 331 190 0 120 21 Benin 161 725 0 886 10 0 600 276 Bolivia 18 23 5 46 15 0 10 21 Brazil 2,482 3,400 450 6,332 4,200 0 700 1,432 Bulgaria 18 30 70 118 100 0 0 18 Burkina 95 775 0 870 5 0 700 165 Burma 65 270 2 337 220 0 50 67 Cambodia 1 0 5 6 5 0 0 1 Cameroon 100 435 0 535 45 0 350 140 Canada 25 0 350 375 350 0 0 25 Central African Republic 10 50 0 60 5 0 40 15 Chad 58 350 0 408 15 0 300 93 Chile 23 0 85 108 85 0 0 23 China; Peoples Republic of 11,542 24,400 400 36,342 24,250 0 250 11,842 Colombia 116 135 250 501 375 5 0 121 Costa Rica 6 1 10 17 14 0 0 3 Cote d''Ivoire 188 725 0 913 90 0 550 273 Cuba 6 4 40 50 45 0 0 5 Cyprus 1 1 1 3 2 0 0 1 Czech Republic 48 0 275 323 275 0 5 43 Denmark 3 0 15 18 15 0 0 3 Dominican Republic 9 3 45 57 45 0 0 12 Ecuador 36 21 100 157 120 0 0 37 Egypt 359 1,425 130 1,914 735 23 475 681 El Salvador 34 1 130 165 130 0 0 35 Estonia 13 0 140 153 120 0 20 13 Ethiopia 22 70 20 112 60 15 0 37 Finland 0 0 0 0 0 0 0 0 France 75 0 440 515 425 5 30 55 Georgia; Republic of 0 0 0 0 0 0 0 0 Germany 120 0 650 770 575 0 60 135 Ghana 18 70 5 93 60 0 15 18 Greece 671 2,100 20 2,791 700 50 1,150 891 Guatemala 33 3 100 136 100 0 0 36 Guinea 6 37 0 43 0 0 37 6 Haiti 8 5 5 18 10 0 0 8 Honduras 4 4 10 18 15 0 0 3 Hong Kong 106 0 600 706 550 0 30 126 Hungary 23 0 70 93 70 1 0 22 India 3,763 11,800 1,750 17,313 13,200 0 50 4,063 Indonesia 458 39 2,500 2,997 2,400 50 15 532 Iran 189 575 0 764 600 0 25 139 Iraq 27 32 60 119 100 0 0 19 Ireland 2 0 4 6 4 0 0 2 Israel 31 100 5 136 5 0 100 31 Italy 152 1 1,450 1,603 1,400 10 30 163 Japan 249 0 1,100 1,349 1,100 0 0 249 Kazakhstan; Republic of 118 650 0 768 40 0 460 268 Kenya 35 20 30 85 50 0 10 25 Korea; Democratic Peoples 10 5 55 70 60 0 0 10 Korea; Republic of 388 1 1,650 2,039 1,600 0 20 419 Kyrgyzstan; Republic of 17 140 0 157 15 0 115 27 Latvia 14 0 100 114 15 0 85 14 Lebanon 3 0 10 13 10 0 0 3 Lithuania 10 0 100 110 50 0 50 10 Madagascar 13 60 0 73 60 0 0 13 Malawi 13 30 0 43 10 0 20 13 Malaysia 84 0 325 409 325 0 0 84 Mali 137 1,150 0 1,287 15 0 950 322 Mexico 509 440 1,800 2,749 1,950 25 100 674

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MY 2001/2002 (1,000 480 lb Bales)

Beg. Stocks Production Imports Total Supply Moldova; Republic of 9 0 10 19

Use Loss Exports End. Stocks 10 0 0 9

Morocco 30 1 210 241 210 0 0 31 Mozambique 25 110 5 140 10 0 95 35 Netherlands 5 0 20 25 20 0 0 5 Nicaragua 2 10 0 12 1 0 9 2 Niger 3 5 0 8 4 0 1 3 Nigeria 154 430 90 674 375 0 135 164 Norway 8 0 15 23 15 0 0 8 Pakistan 2,646 8,000 900 11,546 8,450 25 150 2,921 Panama 1 0 5 6 5 0 0 1 Paraguay 61 275 0 336 45 0 235 56 Peru 80 184 200 464 360 0 10 94 Philippines 89 7 225 321 230 0 0 91 Poland 25 0 265 290 260 0 1 29 Portugal 147 0 600 747 600 0 0 147 Romania 57 0 110 167 125 0 0 42 Russian Federation 222 0 1,750 1,972 1,750 0 0 222 Senegal 11 65 0 76 20 0 35 21 Singapore 8 0 55 63 0 0 55 8 Slovakia 23 0 70 93 60 0 10 23 Somalia 1 7 5 13 12 0 0 1 South Africa; Republic of 66 85 250 401 325 0 15 61 Spain 135 475 150 760 505 0 125 130 Sri Lanka 16 5 110 131 115 0 0 16 Sudan 186 300 0 486 45 0 225 216 Sweden 5 0 25 30 25 0 0 5 Switzerland 28 0 120 148 115 0 2 31 Syria 488 1,600 0 2,088 575 0 950 563 Taiwan 236 0 1,325 1,561 1,225 0 4 332 Tajikistan; Republic of 72 650 0 722 110 0 475 137 Tanzania; United Republic 119 350 0 469 50 0 225 194 Thailand 404 44 1,875 2,323 1,825 46 0 452 Togo 82 275 0 357 15 0 225 117 Tunisia 18 10 110 138 120 0 0 18 Turkey 962 3,900 2,350 7,212 5,850 0 150 1,212 Turkmenistan 494 900 0 1,394 375 0 450 569 Uganda 29 120 0 149 10 0 105 34 Ukraine 64 0 150 214 50 0 100 64 United Kingdom 20 0 96 116 95 0 3 18 United States 6,002 20,305 25 26,332 7,500 32 10,500 8,300 Uruguay 5 0 10 15 10 0 0 5 Uzbekistan; Republic of 743 4,900 5 5,648 1,200 0 3,250 1,198 Venezuela 25 50 150 225 200 0 0 25 Vietnam 88 50 475 613 500 0 0 113 Yemen 4 65 0 69 25 0 40 4 Yugoslavia 44 1 65 110 75 0 0 35 Zaire 5 15 15 35 30 0 0 5 Zambia 55 170 0 225 65 0 90 70 Zimbabwe 206 500 0 706 140 15 325 226

World Total 39,672 97,561 28,881 166,114 92,682 147 28,852 44,433

* Loss for countries outside the Unitd States reflects cotton lost or destroyed while in the marketing channel. For the United States, loss reflects the difference between stocks as reported by the Bureau of the Census and implict stocks based on supply plus total use. A negative "loss" is a positive number.

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Table 5A Cotton Production, Supply and Distribution by Country

MY 2001/2002 1,000 Metric Tons

Beg. Stocks Production Imports Total Supply Use Loss Exports End. Stocks Afghanistan 3 19 0 21 15 0 3 3 Albania 12 0 3 15 8 0 0 7 Algeria 3 0 22 25 22 0 0 3 Angola 2 4 0 6 3 0 1 2 Argentina 70 61 4 135 60 2 49 24 Armenia; Republic of 0 0 0 1 0 0 0 0 Australia 456 653 0 1,109 33 -36 642 470 Austria 8 0 33 41 33 0 0 8 Azerbaijan; Republic of 14 32 0 46 2 0 30 13 Bangladesh 21 13 218 251 223 0 0 28 Belarus 3 0 17 21 17 0 0 3 Belgium-Luxembourg 5 0 67 72 41 0 26 5 Benin 35 158 0 193 2 0 131 60 Bolivia 4 5 1 10 3 0 2 5 Brazil 540 740 98 1,379 914 0 152 312 Bulgaria 4 7 15 26 22 0 0 4 Burkina 21 169 0 189 1 0 152 36 Burma 14 59 0 73 48 0 11 15 Cambodia 0 0 1 1 1 0 0 0 Cameroon 22 95 0 116 10 0 76 30 Canada 5 0 76 82 76 0 0 5 Central African Republic 2 11 0 13 1 0 9 3 Chad 13 76 0 89 3 0 65 20 Chile 5 0 19 24 19 0 0 5 China; Peoples Republic of 2,513 5,313 87 7,913 5,280 0 54 2,578 Colombia 25 29 54 109 82 1 0 26 Costa Rica 1 0 2 4 3 0 0 1 Cote d''Ivoire 41 158 0 199 20 0 120 59 Cuba 1 1 9 11 10 0 0 1 Cyprus 0 0 0 1 0 0 0 0 Czech Republic 10 0 60 70 60 0 1 9 Denmark 1 0 3 4 3 0 0 1 Dominican Republic 2 1 10 12 10 0 0 3 Ecuador 8 5 22 34 26 0 0 8 Egypt 78 310 28 417 160 5 103 148 El Salvador 7 0 28 36 28 0 0 8 Estonia 3 0 30 33 26 0 4 3 Ethiopia 5 15 4 24 13 3 0 8 Finland 0 0 0 0 0 0 0 0 France 16 0 96 112 93 1 7 12 Georgia; Republic of 0 0 0 0 0 0 0 0 Germany 26 0 142 168 125 0 13 29 Ghana 4 15 1 20 13 0 3 4 Greece 146 457 4 608 152 11 250 194 Guatemala 7 1 22 30 22 0 0 8 Guinea 1 8 0 9 0 0 8 1 Haiti 2 1 1 4 2 0 0 2 Honduras 1 1 2 4 3 0 0 1 Hong Kong 23 0 131 154 120 0 7 27 Hungary 5 0 15 20 15 0 0 5 India 819 2,569 381 3,769 2,874 0 11 885 Indonesia 100 8 544 653 523 11 3 116 Iran 41 125 0 166 131 0 5 30 Iraq 6 7 13 26 22 0 0 4 Ireland 0 0 1 1 1 0 0 0 Israel 7 22 1 30 1 0 22 7 Italy 33 0 316 349 305 2 7 35 Japan 54 0 239 294 239 0 0 54 Kazakhstan; Republic of 26 142 0 167 9 0 100 58 Kenya 8 4 7 19 11 0 2 5 Korea; Democratic Peoples 2 1 12 15 13 0 0 2 Korea; Republic of 84 0 359 444 348 0 4 91 Kyrgyzstan; Republic of 4 30 0 34 3 0 25 6 Latvia 3 0 22 25 3 0 19 3 Lebanon 1 0 2 3 2 0 0 1 Lithuania 2 0 22 24 11 0 11 2 Madagascar 3 13 0 16 13 0 0 3 Malawi 3 7 0 9 2 0 4 3 Malaysia 18 0 71 89 71 0 0 18 Mali 30 250 0 280 3 0 207 70 Mexico 111 96 392 599 425 5 22 147

of 25





Morocco 7 0 46 52 46 0 0 7 Mozambique 5 24 1 30 2 0 21 8 Netherlands 1 0 4 5 4 0 0 1 Nicaragua 0 2 0 3 0 0 2 0 Niger 1 1 0 2 1 0 0 1 Nigeria 34 94 20 147 82 0 29 36 Norway 2 0 3 5 3 0 0 2 Pakistan 576 1,742 196 2,514 1,840 5 33 636 Panama 0 0 1 1 1 0 0 0 Paraguay 13 60 0 73 10 0 51 12 Peru 17 40 44 101 78 0 2 20 Philippines 19 2 49 70 50 0 0 20 Poland 5 0 58 63 57 0 0 6 Portugal 32 0 131 163 131 0 0 32 Romania 12 0 24 36 27 0 0 9 Russian Federation 48 0 381 429 381 0 0 48 Senegal 2 14 0 17 4 0 8 5 Singapore 2 0 12 14 0 0 12 2 Slovakia 5 0 15 20 13 0 2 5 Somalia 0 2 1 3 3 0 0 0 South Africa; Republic of 14 19 54 87 71 0 3 13 Spain 29 103 33 165 110 0 27 28 Sri Lanka 3 1 24 29 25 0 0 3 Sudan 40 65 0 106 10 0 49 47 Sweden 1 0 5 7 5 0 0 1 Switzerland 6 0 26 32 25 0 0 7 Syria 106 348 0 455 125 0 207 123 Taiwan 51 0 288 340 267 0 1 72 Tajikistan; Republic of 16 142 0 157 24 0 103 30 Tanzania; United Republic 26 76 0 102 11 0 49 42 Thailand 88 10 408 506 397 10 0 98 Togo 18 60 0 78 3 0 49 25 Tunisia 4 2 24 30 26 0 0 4 Turkey 209 849 512 1,570 1,274 0 33 264 Turkmenistan 108 196 0 304 82 0 98 124 Uganda 6 26 0 32 2 0 23 7 Ukraine 14 0 33 47 11 0 22 14 United Kingdom 4 0 21 25 21 0 1 4 United States 1,307 4,421 5 5,733 1,633 7 2,286 1,807 Uruguay 1 0 2 3 2 0 0 1 Uzbekistan; Republic of 162 1,067 1 1,230 261 0 708 261 Venezuela 5 11 33 49 44 0 0 5 Vietnam 19 11 103 133 109 0 0 25 Yemen 1 14 0 15 5 0 9 1 Yugoslavia 10 0 14 24 16 0 0 8 Zaire 1 3 3 8 7 0 0 1 Zambia 12 37 0 49 14 0 20 15 Zimbabwe 45 109 0 154 30 3 71 49

World Total 8,638 21,242 6,288 36,167 20,179 32 6,282 9,674


of 25


MY 2000/2001 (1,000 480 lb Bales)

Beg. Stocks Production Imports Total Supply Use Loss Exports End. Stocks Afghanistan 13 85 0 98 70 0 15 13 Albania 53 1 34 88 35 0 0 53 Algeria 16 0 100 116 100 0 0 16 Angola 7 20 0 27 15 0 5 7 Argentina 375 735 11 1,121 350 9 441 321 Armenia; Republic of 2 0 1 3 1 0 0 2 Australia 2,309 3,700 0 6,009 175 -165 3,904 2,095 Austria 36 0 151 187 150 0 0 37 Azerbaijan; Republic of 73 145 0 218 9 0 145 64 Bangladesh 89 32 900 1,021 925 1 0 95 Belarus 15 0 80 95 80 0 0 15 Belgium-Luxembourg 21 0 314 335 190 0 124 21 Benin 196 600 0 796 10 0 625 161 Bolivia 18 20 5 43 15 0 10 18 Brazil 2,144 4,100 603 6,847 4,350 -300 315 2,482 Bulgaria 18 30 70 118 100 0 0 18 Burkina 95 525 0 620 5 0 520 95 Burma 53 270 2 325 215 0 45 65 Cambodia 1 0 5 6 5 0 0 1 Cameroon 85 430 0 515 45 0 370 100 Canada 23 0 352 375 350 0 0 25 Central African Republic 10 40 0 50 5 0 35 10 Chad 73 300 0 373 15 0 300 58 Chile 23 0 75 98 75 0 0 23 China; Peoples Republic of 14,958 20,300 230 35,488 23,500 0 446 11,542 Colombia 109 136 276 521 400 5 0 116 Costa Rica 9 1 10 20 14 0 0 6 Cote d''Ivoire 203 575 0 778 90 0 500 188 Cuba 7 2 42 51 45 0 0 6 Cyprus 1 1 1 3 2 0 0 1 Czech Republic 33 0 295 328 275 0 5 48 Denmark 3 0 15 18 15 0 0 3 Dominican Republic 7 3 41 51 42 0 0 9 Ecuador 36 20 100 156 120 0 0 36 Egypt 457 920 130 1,507 750 23 375 359 El Salvador 33 1 130 164 130 0 0 34 Estonia 13 0 140 153 120 0 20 13 Ethiopia 22 70 20 112 90 0 0 22 Finland 0 0 0 0 0 0 0 0 France 99 0 441 540 425 10 30 75 Georgia; Republic of 0 0 0 0 0 0 0 0 Germany 100 0 702 802 600 0 82 120 Ghana 18 70 5 93 60 0 15 18 Greece 676 2,035 20 2,731 710 50 1,300 671 Guatemala 37 3 93 133 100 0 0 33 Guinea 6 37 0 43 0 0 37 6 Haiti 8 5 5 18 10 0 0 8 Honduras 4 9 6 19 15 0 0 4 Hong Kong 134 0 519 653 515 0 32 106 Hungary 24 0 70 94 70 1 0 23 India 4,913 10,900 1,550 17,363 13,550 0 50 3,763 Indonesia 241 32 2,650 2,923 2,400 50 15 458 Iran 157 735 0 892 679 0 24 189 Iraq 27 40 60 127 100 0 0 27 Ireland 6 0 3 9 7 0 0 2 Israel 56 75 5 136 5 0 100 31 Italy 163 1 1,358 1,522 1,330 10 30 152 Japan 261 0 1,138 1,399 1,150 0 0 249 Kazakhstan; Republic of 88 400 0 488 20 0 350 118 Kenya 40 20 35 95 50 0 10 35 Korea; Democratic Peoples 10 46 23 79 69 0 0 10 Korea; Republic of 431 1 1,420 1,852 1,450 0 14 388 Kyrgyzstan; Republic of 17 130 0 147 15 0 115 17 Latvia 14 0 100 114 15 0 85 14 Lebanon 3 0 10 13 10 0 0 3 Lithuania 10 0 100 110 50 0 50 10 Madagascar 13 60 0 73 60 0 0 13 Malawi 13 40 0 53 10 0 30 13 Malaysia 74 0 340 414 330 0 0 84 Mali 247 480 0 727 15 0 575 137 Mexico 486 363 1,865 2,714 2,100 25 80 509

of 25


MY 2000/2001 (1,000 480 lb Bales)



Morocco 29 1 210 240 210 0 0 30 Mozambique 35 75 5 115 10 0 80 25 Netherlands 3 0 22 25 20 0 0 5 Nicaragua 2 10 0 12 1 0 9 2 Niger 3 5 0 8 4 0 1 3 Nigeria 144 400 70 614 325 0 135 154 Norway 8 0 15 23 15 0 0 8 Pakistan 2,696 8,200 450 11,346 8,100 25 575 2,646 Panama 1 0 5 6 5 0 0 1 Paraguay 56 450 0 506 45 0 400 61 Peru 98 185 158 441 350 0 11 80 Philippines 92 2 225 319 230 0 0 89 Poland 22 0 254 276 250 0 1 25 Portugal 151 0 621 772 625 0 0 147 Romania 72 0 105 177 120 0 0 57 Russian Federation 172 0 1,650 1,822 1,600 0 0 222 Senegal 11 40 0 51 20 0 20 11 Singapore 8 0 55 63 0 0 55 8 Slovakia 28 0 65 93 60 0 10 23 Somalia 1 7 5 13 12 0 0 1 South Africa; Republic of 81 155 175 411 325 0 20 66 Spain 206 423 144 773 505 0 133 135 Sri Lanka 16 5 110 131 115 0 0 16 Sudan 47 340 0 387 42 0 159 186 Sweden 3 0 22 25 20 0 0 5 Switzerland 22 0 123 145 115 0 2 28 Syria 413 1,675 0 2,088 550 0 1,050 488 Taiwan 346 0 1,040 1,386 1,150 0 0 236 Tajikistan; Republic of 77 485 0 562 100 0 390 72 Tanzania; United Republic 69 250 0 319 50 0 150 119 Thailand 457 34 1,584 2,075 1,625 46 0 404 Togo 87 225 0 312 15 0 215 82 Tunisia 8 10 110 128 110 0 0 18 Turkey 827 3,600 1,750 6,177 5,100 0 115 962 Turkmenistan 644 875 0 1,519 350 0 675 494 Uganda 29 85 0 114 10 0 75 29 Ukraine 64 0 150 214 50 0 100 64 United Kingdom 22 0 96 118 95 0 3 20 United States 3,922 17,188 15 21,125 8,882 -522 6,763 6,002 Uruguay 5 0 10 15 10 0 0 5 Uzbekistan; Republic of 838 4,400 5 5,243 1,100 0 3,400 743 Venezuela 20 50 160 230 200 0 5 25 Vietnam 75 43 400 518 430 0 0 88 Yemen 4 65 0 69 25 0 40 4 Yugoslavia 53 1 75 129 85 0 0 44 Zaire 5 15 15 35 30 0 0 5 Zambia 52 133 0 185 65 0 65 55 Zimbabwe 196 550 0 746 150 15 375 206

World Total 42,244 88,526 26,560 157,330 92,119 -717 26,256 39,672


of 25



Beg. Stocks Production Imports Total Supply Use Loss Exports End. Stocks Afghanistan 3 19 0 21 15 0 3 3 Albania 12 0 7 19 8 0 0 12 Algeria 3 0 22 25 22 0 0 3 Angola 2 4 0 6 3 0 1 2 Argentina 82 160 2 244 76 2 96 70 Armenia; Republic of 0 0 0 1 0 0 0 0 Australia 503 806 0 1,308 38 -36 850 456 Austria 8 0 33 41 33 0 0 8 Azerbaijan; Republic of 16 32 0 47 2 0 32 14 Bangladesh 19 7 196 222 201 0 0 21 Belarus 3 0 17 21 17 0 0 3 Belgium-Luxembourg 5 0 68 73 41 0 27 5 Benin 43 131 0 173 2 0 136 35 Bolivia 4 4 1 9 3 0 2 4 Brazil 467 893 131 1,491 947 -65 69 540 Bulgaria 4 7 15 26 22 0 0 4 Burkina 21 114 0 135 1 0 113 21 Burma 12 59 0 71 47 0 10 14 Cambodia 0 0 1 1 1 0 0 0 Cameroon 19 94 0 112 10 0 81 22 Canada 5 0 77 82 76 0 0 5 Central African Republic 2 9 0 11 1 0 8 2 Chad 16 65 0 81 3 0 65 13 Chile 5 0 16 21 16 0 0 5 China; Peoples Republic of 3,257 4,420 50 7,727 5,117 0 97 2,513 Colombia 24 30 60 113 87 1 0 25 Costa Rica 2 0 2 4 3 0 0 1 Cote d''Ivoire 44 125 0 169 20 0 109 41 Cuba 2 0 9 11 10 0 0 1 Cyprus 0 0 0 1 0 0 0 0 Czech Republic 7 0 64 71 60 0 1 10 Denmark 1 0 3 4 3 0 0 1 Dominican Republic 2 1 9 11 9 0 0 2 Ecuador 8 4 22 34 26 0 0 8 Egypt 100 200 28 328 163 5 82 78 El Salvador 7 0 28 36 28 0 0 7 Estonia 3 0 30 33 26 0 4 3 Ethiopia 5 15 4 24 20 0 0 5 Finland 0 0 0 0 0 0 0 0 France 22 0 96 118 93 2 7 16 Georgia; Republic of 0 0 0 0 0 0 0 0 Germany 22 0 153 175 131 0 18 26 Ghana 4 15 1 20 13 0 3 4 Greece 147 443 4 595 155 11 283 146 Guatemala 8 1 20 29 22 0 0 7 Guinea 1 8 0 9 0 0 8 1 Haiti 2 1 1 4 2 0 0 2 Honduras 1 2 1 4 3 0 0 1 Hong Kong 29 0 113 142 112 0 7 23 Hungary 5 0 15 20 15 0 0 5 India 1,070 2,373 337 3,780 2,950 0 11 819 Indonesia 52 7 577 636 523 11 3 100 Iran 34 160 0 194 148 0 5 41 Iraq 6 9 13 28 22 0 0 6 Ireland 1 0 1 2 2 0 0 0 Israel 12 16 1 30 1 0 22 7 Italy 35 0 296 331 290 2 7 33 Japan 57 0 248 305 250 0 0 54 Kazakhstan; Republic of 19 87 0 106 4 0 76 26 Kenya 9 4 8 21 11 0 2 8 Korea; Democratic Peoples 2 10 5 17 15 0 0 2 Korea; Republic of 94 0 309 403 316 0 3 84 Kyrgyzstan; Republic of 4 28 0 32 3 0 25 4 Latvia 3 0 22 25 3 0 19 3 Lebanon 1 0 2 3 2 0 0 1 Lithuania 2 0 22 24 11 0 11 2 Madagascar 3 13 0 16 13 0 0 3 Malawi 3 9 0 12 2 0 7 3 Malaysia 16 0 74 90 72 0 0 18 Mali 54 105 0 158 3 0 125 30 Mexico 106 79 406 591 457 5 17 111

of 25





Morocco 6 0 46 52 46 0 0 7 Mozambique 8 16 1 25 2 0 17 5 Netherlands 1 0 5 5 4 0 0 1 Nicaragua 0 2 0 3 0 0 2 0 Niger 1 1 0 2 1 0 0 1 Nigeria 31 87 15 134 71 0 29 34 Norway 2 0 3 5 3 0 0 2 Pakistan 587 1,785 98 2,470 1,764 5 125 576 Panama 0 0 1 1 1 0 0 0 Paraguay 12 98 0 110 10 0 87 13 Peru 21 40 34 96 76 0 2 17 Philippines 20 0 49 69 50 0 0 19 Poland 5 0 55 60 54 0 0 5 Portugal 33 0 135 168 136 0 0 32 Romania 16 0 23 39 26 0 0 12 Russian Federation 37 0 359 397 348 0 0 48 Senegal 2 9 0 11 4 0 4 2 Singapore 2 0 12 14 0 0 12 2 Slovakia 6 0 14 20 13 0 2 5 Somalia 0 2 1 3 3 0 0 0 South Africa; Republic of 18 34 38 89 71 0 4 14 Spain 45 92 31 168 110 0 29 29 Sri Lanka 3 1 24 29 25 0 0 3 Sudan 10 74 0 84 9 0 35 40 Sweden 1 0 5 5 4 0 0 1 Switzerland 5 0 27 32 25 0 0 6 Syria 90 365 0 455 120 0 229 106 Taiwan 75 0 226 302 250 0 0 51 Tajikistan; Republic of 17 106 0 122 22 0 85 16 Tanzania; United Republic 15 54 0 69 11 0 33 26 Thailand 100 7 345 452 354 10 0 88 Togo 19 49 0 68 3 0 47 18 Tunisia 2 2 24 28 24 0 0 4 Turkey 180 784 381 1,345 1,110 0 25 209 Turkmenistan 140 191 0 331 76 0 147 108 Uganda 6 19 0 25 2 0 16 6 Ukraine 14 0 33 47 11 0 22 14 United Kingdom 5 0 21 26 21 0 1 4 United States 854 3,742 3 4,599 1,934 -114 1,472 1,307 Uruguay 1 0 2 3 2 0 0 1 Uzbekistan; Republic of 182 958 1 1,142 239 0 740 162 Venezuela 4 11 35 50 44 0 1 5 Vietnam 16 9 87 113 94 0 0 19 Yemen 1 14 0 15 5 0 9 1 Yugoslavia 12 0 16 28 19 0 0 10 Zaire 1 3 3 8 7 0 0 1 Zambia 11 29 0 40 14 0 14 12 Zimbabwe 43 120 0 162 33 3 82 45

World Total 9,198 19,274 5,783 34,255 20,057 -156 5,717 8,638


of 25

Region/Country Pima All Upland >1-1/16" 1" to 11/16" < 1"

AFRICA 0.0 -0.1 -0.1 0.0 0.0 CHINA 5.3 37.8 37.8 0.0 0.0 EASTERN EUROPE 0.0 0.0 0.0 0.0 0.0 EUROPEAN UNION 4.1 2.5 1.8 0.5 0.2 FORMER SOVIET UNION 0.0 1.0 1.0 0.0 0.0 INDIA 1.4 26.0 25.0 0.9 0.1 JAPAN 10.9 9.2 6.1 2.6 0.5 KOR REP 4.0 1.7 1.5 0.2 0.0 OTHER ASIA AND OCEANIA 13.6 188.0 152.3 34.9 0.8 OTHER WESTERN EUROPE -4.5 48.5 10.1 38.5 -0.1 TAIWAN 1.5 40.9 11.9 28.9 0.0 UNKNOWN 0.0 -14.6 -1.4 -12.7 -0.5 WESTERN HEMISPHERE 0.5 97.0 78.4 18.6 0.0 Total 36.8 437.9 324.4 112.4 1.0 Weekly Ave. 9.2 109.5 81.1 28.1 0.3

Total Net Sales 14.7 756.0 560.3 178.4 17.5 Weekly Ave. 3.7 189.0 140.1 44.6 4.4 Note: Totals may not add due to rounding. Source: USDA/FAS Apr-02

Accumulated Exports Outstanding Sales Commitments Weekly

Apr-02 Note: Totals may not add due to rounding. Source: USDA/FAS

Table 7:

Monthly Export Sales for 4-Week Period

Feb 30 - Mar 28 (1,000 Running Bales)

---------Upland---------

Marketing Year Totals to Date

Current Year through Mar 28

Last MY through Mar 29

MY2000/2001 (Mar 3 - Mar 29)

6,683 3,493 3,670 2,713 10,354 6,205

183 100 Export Ave

U.S. Export Sales Summary

of 25

Table 8

Northern European Cotton Price Quotations and USDA's Adjusted World Price (in cents per pound)

Date Cotlook A-Index Memphis Territory Memphis - A-Index

Lowest A-Index Quote

Adjusted World Price

Yearly Average 1994/1995 91.08 94.05 2.97 81.06 76.12 1995/1996 85.52 93.02 7.50 81.95 71.14 1996/1997 78.60 82.81 4.21 74.89 64.12 1997/1998 72.15 78.14 5.99 66.91 58.24 1998/1999 58.94 74.20 15.26 57.81 44.64 1999/2000 52.85 66.29 13.45 49.35 38.91 2000/2001 57.34 62.61 5.27 54.79 44.00 2001/2002 41.28 44.93 3.65 40.81 27.31

Monthly Average February 2001 60.42 67.53 7.11 59.29 47.51 March 2001 54.56 61.01 6.45 53.17 44.14 April 2001 51.16 55.26 4.11 48.24 37.61 May 2001 49.83 52.83 2.99 49.25 36.65 June 2001 47.46 51.37 3.91 45.86 33.94 July 2001 45.57 50.66 5.09 43.59 31.55 August 2001 43.31 51.17 7.86 42.52 29.50 September 2001 41.26 46.26 5.00 40.67 27.33 October 2001 37.22 40.35 3.13 36.03 23.74 November 2001 38.04 42.45 4.42 36.86 23.29 December 2001 42.87 44.12 1.25 42.63 28.79 January 2002 43.42 44.74 1.32 43.18 29.28 February 2002 42.87 44.32 1.45 42.13 28.77 March 2002 42.04 45.68 3.64 41.26 27.96 April 2002 42.10 46.33 4.23 41.50 28.01

Weekly Average 11/1/2001 34.95 38.25 3.30 33.25 20.90 11/8/2001 35.36 39.85 4.49 33.85 21.29 11/15/2001 37.15 42.90 5.75 35.80 23.08 11/22/2001 39.03 43.45 4.42 37.90 24.96 12/1/2001 40.69 44.04 3.35 40.00 26.22 12/6/2001 42.70 44.75 2.05 42.00 28.63 12/13/2001 42.86 44.10 1.24 42.50 28.79 12/20/2001 42.88 44.00 1.12 42.90 28.81 12/27/2001 43.00 43.75 0.75 43.00 28.93 1/3/2002 43.00 43.63 0.63 43.00 28.93 1/10/2002 43.19 45.00 1.81 43.10 29.12 1/17/2002 43.51 45.15 1.64 43.25 29.44 1/24/2002 43.72 45.00 1.28 43.25 29.63 1/31/2002 43.41 44.25 0.84 42.70 29.30 2/7/2002 43.42 45.05 1.63 42.65 29.30 2/14/2002 43.37 45.40 2.03 42.60 29.27 2/28/2002 41.82 42.50 0.68 41.15 27.73 3/7/2002 41.82 43.60 1.78 40.85 27.73 3/14/2002 41.96 45.70 3.74 41.00 27.88 3/21/2002 42.06 46.55 4.49 41.30 27.98 3/28/2002 42.31 46.85 4.54 41.65 28.23 4/4/2002 42.10 46.33 4.23 41.50 28.01

1. The A-Index is the average of the five lowest quotes of the following descriptions (all 1-3/32"): Memphis Terr.; Calif. Ariz; Mexico; Central America; Paraguayan; Turkish; Uzbeki; Pakistani 1503; Indian H-4; Chinese Type 329; West African; Tanzanian; Greek; Syrian; and Australian. 2. Reflects incorporation of forward shipment quotations but does not include the Secretary's discretionary adjustments. Averages for August 1998 and forward reflect 1998/99 quotations; others are 1997/98 quotations SOURCE: Cotlook, Ltd. United Kingdom

of 25

World

1,000 Hectares

Begining Stocks

Production Ending Stocks

LossImports Consumption

Yield Kg/Ha

Total Supply

Exports

Cotton Production, Yield, Supply and UtilizationTable 9

(1,000 480-Lb. Bales, 1961/1962-2001/2002)

Marketing Year

18,875 44,467 19,087-19315,986 44,799 15,63579,3282991961/1962 32,413

19,087 46,958 22,923-30916,472 43,985 15,91882,5173221962/1963 31,780

22,923 50,761 25,954-18417,790 47,781 17,92391,4743361963/1964 32,882

25,954 53,770 29,013017,370 51,225 16,85697,0943491964/1965 33,551

29,013 56,886 32,506-26017,133 53,827 16,959103,0323721965/1966 33,326

32,506 52,272 28,4961518,009 56,038 18,238102,7873651966/1967 31,210

28,496 51,524 23,694-917,370 56,192 17,51397,3903621967/1968 30,964

23,694 56,872 24,0923516,935 56,368 17,00697,5013881968/1969 31,921

24,092 54,699 22,902-9517,698 55,970 17,71296,4893671969/1970 32,487

22,902 55,072 21,8943724,612 57,113 23,542102,5863771970/1971 31,801

21,894 59,114 22,465124,669 58,381 24,830105,6773901971/1972 33,043

22,465 61,776 24,509-10927,377 59,496 27,722111,6184011972/1973 33,538

24,509 62,638 27,3676326,744 60,279 26,182113,8914151973/1974 32,849

27,367 63,656 33,52711123,824 57,006 24,203114,8474131974/1975 33,530

33,527 53,942 26,18414526,286 61,530 25,896113,7553931975/1976 29,889

26,184 56,366 22,56413824,931 60,226 24,553107,4814011976/1977 30,568

22,564 63,863 25,83330827,120 61,078 26,328113,5474141977/1978 33,568

25,833 59,654 22,251-7627,129 63,318 27,123112,6163951978/1979 32,901

22,251 65,472 21,87016830,506 65,958 30,549118,2294431979/1980 32,211

21,870 63,489 21,31211927,253 64,955 26,226112,6124281980/1981 32,272

21,312 68,671 26,29824525,698 63,262 25,876115,6814531981/1982 32,972

26,298 66,619 26,10730226,071 66,931 25,648118,9884621982/1983 31,381

26,107 65,745 24,43449627,059 68,705 25,276118,9114631983/1984 30,920

24,434 88,652 42,34747427,629 70,671 27,223140,7155721984/1985 33,723

42,347 80,282 48,02926728,981 75,306 28,048151,6105531985/1986 31,582

48,029 70,576 36,00120033,093 82,190 33,349151,6985231986/1987 29,358

36,001 81,026 32,90657130,529 84,093 29,986147,5565711987/1988 30,876

32,906 84,329 31,42671033,582 85,180 33,501150,8175441988/1989 33,766

31,426 79,680 25,34925232,713 86,863 31,355143,8195501989/1990 31,556

25,349 87,080 27,79817930,608 85,480 29,580143,0375721990/1991 33,159

27,798 95,816 37,60970329,042 86,098 28,246152,6565991991/1992 34,805

37,609 82,583 34,75167726,991 86,141 25,614147,1835511992/1993 32,656

34,751 77,122 26,79045827,780 85,577 26,828139,6535461993/1994 30,734

26,790 85,935 29,87213430,528 84,787 28,460143,2535811994/1995 32,200

29,872 93,122 36,6653127,262 86,033 27,527150,2565641995/1996 35,958

36,665 89,658 40,251-1028,841 88,093 26,830155,1645771996/1997 33,842

40,251 91,755 44,1036826,192 87,317 26,710158,1985921997/1998 33,772

44,103 84,979 45,513-48124,877 85,255 23,672153,9595611998/1999 32,953

45,513 87,347 42,244-3128,403 91,777 27,273161,2635881999/2000 32,338

42,244 88,526 39,672-71726,560 92,119 26,256157,3306032000/2001 31,952

39,672 97,561 44,43314728,881 92,682 28,852166,1146252001/2002 33,983

Note: Beginning with 1970/71, world and foreign import and export totals were expanded to include trade among the 12 countries of the former Soviet Union and the 3 Baltic states.

of 25

United States

1,000 Hectares

Begining Stocks



Yield Kg/Ha

Total Supply

Exports


(1,000 480-Lb. Bales, 1961/1962-2001/2002)

Marketing Year

7,056 14,283 7,699-280153 9,017 5,05621,4924921961/1962 6,327

7,699 14,827 11,136-386137 8,484 3,42922,6635121962/1963 6,301

11,136 15,294 12,351-257135 8,696 5,77526,5655791963/1964 5,752

12,351 15,144 14,249-92118 9,261 4,19527,6135801964/1965 5,689

14,249 14,951 17,028-341118 9,596 3,03529,3185911965/1966 5,510

17,028 9,555 12,344-62105 9,574 4,83226,6885381966/1967 3,866

12,344 7,443 6,584-86149 9,077 4,36119,9365011967/1968 3,236

6,584 10,925 6,544-12468 8,332 2,82517,5775791968/1969 4,112

6,544 9,990 5,843-24952 8,114 2,87816,5864861969/1970 4,474

5,843 10,192 4,203-23237 8,204 3,89716,0724921970/1971 4,514

4,203 10,477 3,258-15072 8,259 3,38514,7524911971/1972 4,643

3,258 13,704 4,221-30534 7,769 5,31116,9965681972/1973 5,255

4,221 12,974 3,808-16048 7,472 6,12317,2435831973/1974 4,844

3,808 11,540 5,708-11234 5,860 3,92615,3824941974/1975 5,086

5,708 8,302 3,681-14092 7,250 3,31114,1025081975/1976 3,560

3,681 10,581 2,928-8638 6,674 4,78414,3005221976/1977 4,417

2,928 14,389 5,34785 6,483 5,48417,3225831977/1978 5,372

5,347 10,856 3,958-2834 6,352 6,18016,2074711978/1979 5,018

3,958 14,629 3,000-1435 6,506 9,22918,5926131979/1980 5,193

3,000 11,122 2,668-33528 5,891 5,92614,1504531980/1981 5,348

2,668 15,646 6,632-12326 5,264 6,56718,3406081981/1982 5,601

6,632 11,963 7,937-4220 5,513 5,20718,6156611982/1983 3,939

7,937 7,771 2,77523812 5,921 6,78615,7205691983/1984 2,973

2,775 12,982 4,102-7424 5,538 6,21515,7816731984/1985 4,200

4,102 13,432 9,348-15433 6,413 1,96017,5677061985/1986 4,140

9,348 9,731 5,026-803 7,452 6,68419,0826181986/1987 3,427

5,026 14,760 5,771-1822 7,617 6,58219,7887921987/1988 4,059

5,771 15,411 7,0921655 7,782 6,14821,1876941988/1989 4,835

7,092 12,196 3,000-1632 8,759 7,69419,2906881989/1990 3,860

3,000 15,505 2,344-2854 8,657 7,79318,5097111990/1991 4,748

2,344 17,614 3,704813 9,613 6,64619,9717311991/1992 5,245

3,704 16,218 4,662-1901 10,250 5,20119,9237851992/1993 4,501

4,662 16,134 3,530-86 10,418 6,86220,8026791993/1994 5,173

3,530 19,662 2,650-3820 11,198 9,40223,2127941994/1995 5,391

2,650 17,900 2,60927408 10,647 7,67520,9586021995/1996 6,478

2,609 18,942 3,971-8403 11,126 6,86521,9547911996/1997 5,216

3,971 18,793 3,8874113 11,349 7,50022,7777541997/1998 5,425

3,887 13,918 3,939-436443 10,401 4,34418,2487011998/1999 4,324

3,939 16,968 3,9229197 10,241 6,75021,0046801999/2000 5,433

3,922 17,188 6,002-52215 8,882 6,76321,1257082000/2001 5,282

6,002 20,305 8,3003225 7,500 10,50026,3327912001/2002 5,589


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Foreign

1,000 Hectares

Begining Stocks



Yield Kg/Ha

Total Supply

Exports


(1,000 480-Lb. Bales, 1961/1962-2001/2002)

Marketing Year

11,819 30,184 11,3888715,833 35,782 10,57957,8362521961/1962 26,086

11,388 32,131 11,7877716,335 35,501 12,48959,8542751962/1963 25,479

11,787 35,467 13,6037317,655 39,085 12,14864,9092851963/1964 27,130

13,603 38,626 14,7649217,252 41,964 12,66169,4813021964/1965 27,862

14,764 41,935 15,4788117,015 44,231 13,92473,7143281965/1966 27,816

15,478 42,717 16,1527717,904 46,464 13,40676,0993401966/1967 27,344

16,152 44,081 17,1107717,221 47,115 13,15277,4543461967/1968 27,728

17,110 45,947 17,54815916,867 48,036 14,18179,9243601968/1969 27,810

17,548 44,709 17,05915417,646 47,856 14,83479,9033471969/1970 28,013

17,059 44,880 17,69126924,575 48,909 19,64586,5143581970/1971 27,286

17,691 48,637 19,20715124,597 50,122 21,44590,9253731971/1972 28,400

19,207 48,072 20,28819627,343 51,727 22,41194,6223701972/1973 28,283

20,288 49,664 23,55922326,696 52,807 20,05996,6483861973/1974 28,005

23,559 52,116 27,81922323,790 51,146 20,27799,4653991974/1975 28,444

27,819 45,640 22,50328526,194 54,280 22,58599,6533771975/1976 26,329

22,503 45,785 19,63622424,893 53,552 19,76993,1813811976/1977 26,151

19,636 49,474 20,48630027,115 54,595 20,84496,2253821977/1978 28,196

20,486 48,798 18,29320727,125 56,966 20,94396,4093811978/1979 27,883

18,293 50,843 18,87031130,501 59,452 21,32099,6374101979/1980 27,018

18,870 52,367 18,64445427,225 59,064 20,30098,4624231980/1981 26,924

18,644 53,025 19,66636825,672 57,998 19,30997,3414221981/1982 27,371

19,666 54,656 18,17034426,051 61,418 20,441100,3734341982/1983 27,442

18,170 57,974 21,65925827,047 62,784 18,490103,1914521983/1984 27,947

21,659 75,670 38,24554827,605 65,133 21,008124,9345581984/1985 29,523

38,245 66,850 38,68142128,948 68,893 26,088134,0435301985/1986 27,442

38,681 60,845 30,97528033,090 74,738 26,665132,6165111986/1987 25,931

30,975 66,266 27,13575330,527 76,476 23,404127,7685381987/1988 26,817

27,135 68,918 24,33454533,577 77,398 27,353129,6305191988/1989 28,931

24,334 67,484 22,34941532,711 78,104 23,661124,5295311989/1990 27,696

22,349 71,575 25,45446430,604 76,823 21,787124,5285491990/1991 28,411

25,454 78,202 33,90569529,029 76,485 21,600132,6855761991/1992 29,560

33,905 66,365 30,08986726,990 75,891 20,413127,2605131992/1993 28,155

30,089 60,988 23,26046627,774 75,159 19,966118,8515191993/1994 25,561

23,260 66,273 27,22217230,508 73,589 19,058120,0415381994/1995 26,809

27,222 75,222 34,056426,854 75,386 19,852129,2985561995/1996 29,480

34,056 70,716 36,280-228,438 76,967 19,965133,2105381996/1997 28,626

36,280 72,962 40,2162726,179 75,968 19,210135,4215601997/1998 28,347

40,216 71,061 41,574-4524,434 74,854 19,328135,7115401998/1999 28,629

41,574 70,379 38,322-12228,306 81,536 20,523140,2595701999/2000 26,905

38,322 71,338 33,670-19526,545 83,237 19,493136,2055822000/2001 26,670

33,670 77,256 36,13311528,856 85,182 18,352139,7825922001/2002 28,394


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Table 12

New Independent States (NIS) Supply and Demand

Marketing Years 1991/92 - 2001/02

MY Beginning

Stocks Production Imports

Internal¹ External² Exports

Internal¹ External² Consumption Ending Stocks

1991/92

1992/93

1993/94

1994/95

1995/96

1996/97

1997/98

1998/99

1999/2000

2000/01 /3

2001/02 /4

1,000 480 Lb. Bales

3,414

3,629

2,712

2,163

2,122

2,469

1,724

1,827

1,750

2,036

1,857

11,065

9,146

9,378

8,778

8,260

6,588

7,108

6,600

7,300

6,435

7,385

5,450

3,535

3,535

2,969

1,820

1,550

1,750

1,418

2,156

2,206

2,306

50

20

10

20

45

45

80

30

30

30

30

5,450

3,535

3,535

2,969

1,820

1,550

1,750

1,418

2,156

2,206

2,306

3,300

5,545

6,012

5,974

5,048

4,750

4,340

4,246

3,869

3,124

2,839

7,600

4,538

3,925

2,865

2,910

2,628

2,745

2,461

3,175

3,520

3,825

3,629

2,712

2,163

2,122

2,469

1,724

1,827

1,750

2,036

1,857

2,608

1/ Reflects only trade among the 12 countries of the former Soviet Union and three Baltic States.2/ Reflects NIS trade with external trading partners.3/ Estimate.4/ Projection.

Notes:A: Adding internal and external trade will provide a total trade figure. B: Ending stocks may include any loss that has occurred.C: The NIS includes: Armenia, Azerbaijan, Byelarus, Estonia, Georgia, Kazakstan, Kyrgyzstan, Latvia,

Lithuania, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan.

Source: USDA/FAS/COTS

Apr-02

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Table 13. Summary of Changes1999/2000 -2001/02 (1,000 480/lb. bales)

Changes in estimates and forecasts from last month. (1,000 480 lb Bales and 1,000 ha)

Marketing Area Yield Beginning Total Ending Year Harvested Kg/Ha Stocks Production Imports Supply Use Loss Exports Stocks

Argentina 2000/2001 0 0 0 0 0 0 0 0 3 -3

2001/2002 0 0 -3 0 0 -3 0 0 0 -3 Australia

2001/2002 0 0 0 0 0 0 0 0 -50 50 Bangladesh

1999/2000 0 0 0 0 25 25 24 0 0 1

2000/2001 0 0 1 0 50 51 50 0 0 1 2001/2002 0 0 1 0 75 76 75 0 0 1

Benin

2001/2002 0 56 0 100 0 100 0 0 25 75 Brazil

1999/2000 0 0 375 0 0 375 0 -225 0 600 2000/2001 0 0 600 0 0 600 0 -300 0 900 2001/2002 20 3 900 100 -650 350 0 0 125 225

Canada 1999/2000 0 0 0 0 -64 -64 -64 0 0 0 2000/2001 0 0 0 0 -23 -23 -25 0 0 2

2001/2002 0 0 2 0 -25 -23 -25 0 0 2 China; Peoples Republic of

2001/2002 0 0 0 0 0 0 0 0 -150 150 Colombia

2001/2002 0 0 0 0 -25 -25 -25 0 0 0

Cote d''Ivoire 2001/2002 0 -18 0 -25 0 -25 0 0 -25 0

Dominican Republic

1999/2000 0 0 5 0 -9 -4 -9 0 0 5 2000/2001 0 0 5 0 26 31 24 0 0 7

2001/2002 0 0 7 0 30 37 27 0 0 10 Egypt

2001/2002 0 0 0 0 0 0 -15 0 -50 65

Ethiopia 2001/2002 0 0 0 0 0 0 -30 15 0 15

Guatemala 1999/2000 0 0 0 0 -40 -40 -45 0 0 5 2000/2001 0 0 5 0 -27 -22 -25 0 0 3

2001/2002 0 0 3 0 0 3 -5 0 0 8 Hong Kong

2001/2002 0 0 0 0 25 25 25 0 0 0

India 2001/2002 0 0 0 0 -200 -200 0 0 0 -200

Kazakhstan; Republic of 2001/2002 0 59 0 50 0 50 0 0 -40 90

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Table 13 cont. Summary of Changes1999/2000 -2001/02 (1,000 480/lb. bales)

Changes in estimates and forecasts from last month. (1,000 480 lb Bales and 1,000 ha)

Marketing Area Yield Beginning Total Ending Year Harvested Kg/Ha Stocks Production Imports Supply Use Loss Exports Stocks

Korea; Republic of 2001/2002 0 0 0 0 50 50 50 0 0 0

Pakistan

2001/2002 0 0 0 0 100 100 200 0 -50 -50 Paraguay

2001/2002 0 -54 0 -45 0 -45 0 0 -45 0

Peru 1999/2000 0 0 0 0 0 0 20 0 -27 7

2000/2001 0 0 7 0 0 7 30 0 -24 1 2001/2002 0 0 1 0 0 1 10 0 -25 16

Sudan

2001/2002 0 0 0 0 0 0 0 0 -25 25 Syria

2001/2002 0 0 0 0 0 0 0 0 -25 25 Taiwan

2001/2002 0 0 0 0 75 75 25 0 0 50

Tajikistan; Republic of 2001/2002 0 0 0 0 0 0 0 0 -25 25

Thailand

2001/2002 0 0 0 0 100 100 100 0 0 0 Togo

2001/2002 0 0 0 0 0 0 0 0 -25 25 Turkey

2001/2002 0 0 0 0 100 100 100 0 0 0

United States 2001/2002 0 0 221 10 231 200 31 200 -200

Uzbekistan; Republic of 2001/2002 0 15 0 100 0 100 0 0 0 100

Zimbabwe

2001/2002 0 -51 0 -100 0 -100 -10 0 -50 -40

World Total

1999/2000 0 0 380 0 -88 292 -74 -225 -27 618 2000/2001 0 0 618 0 26 644 54 -300 -21 911

2001/2002 20 2 911 401 -335 977 702 46 -235 464 Foreign Total

1999/2000 0 0 380 0 -88 292 -74 -225 -27 618

2000/2001 0 0 618 0 26 644 54 -300 -21 911 2001/2002 20 2 911 180 -345 746 502 15 -435 664

Note: Changes from March 2002 forcast. Apr-02

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united states cotton: world markets and trade · 2002. 4. 1. · united states department of...

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