OECD-FAO Agricultural Outlook 2017-2026 - © OECD 2017
3.A1.9 | World cotton projections | ||||||||||||
3.A1.9 | World cotton projections | ||||||||||||
Marketing year | |||||||||||||
| | | Average 2014-16est | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| WORLD | ||||||||||||
| Production | Mt | 23.4 | 22.7 | 22.6 | 22.7 | 23.2 | 23.7 | 24.2 | 24.7 | 25.2 | 25.6 | 26.1 |
| Area | Mha | 31.7 | 30.2 | 29.7 | 29.5 | 29.5 | 29.6 | 29.7 | 29.8 | 29.9 | 29.9 | 30.0 |
| Yield | t/ha | 0.74 | 0.75 | 0.76 | 0.77 | 0.79 | 0.80 | 0.81 | 0.83 | 0.84 | 0.86 | 0.87 |
| Consumption 1 | Mt | 24.0 | 24.0 | 24.0 | 24.1 | 24.1 | 24.2 | 24.6 | 24.9 | 25.2 | 25.6 | 26.0 |
| Exports | Mt | 7.6 | 7.8 | 7.8 | 7.9 | 7.9 | 8.0 | 8.0 | 8.1 | 8.2 | 8.4 | 8.5 |
| Closing stocks | Mt | 19.8 | 16.5 | 14.9 | 13.3 | 12.1 | 11.4 | 10.9 | 10.4 | 10.2 | 10.1 | 10.0 |
| Price 2 | USD/t | 1 582.8 | 1 480.7 | 1 467.2 | 1 442.1 | 1 460.5 | 1 546.7 | 1 568.2 | 1 572.3 | 1 572.5 | 1 573.3 | 1 576.0 |
| DEVELOPED COUNTRIES | ||||||||||||
| Production | Mt | 5.6 | 6.0 | 5.9 | 5.9 | 6.0 | 6.0 | 6.1 | 6.2 | 6.3 | 6.4 | 6.5 |
| Consumption | Mt | 1.7 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.9 | 1.9 | 2.0 | 2.0 | 2.0 |
| Exports | Mt | 4.1 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 4.7 | 4.7 | 4.7 | 4.8 |
| Imports | Mt | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 |
| Closing stocks | Mt | 1.8 | 2.1 | 2.0 | 1.8 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 |
| DEVELOPING COUNTRIES | ||||||||||||
| Production | Mt | 17.7 | 16.7 | 16.7 | 16.8 | 17.2 | 17.6 | 18.1 | 18.5 | 18.9 | 19.3 | 19.7 |
| Consumption | Mt | 22.3 | 22.2 | 22.2 | 22.3 | 22.3 | 22.3 | 22.7 | 23.0 | 23.3 | 23.6 | 23.9 |
| Exports | Mt | 3.5 | 3.2 | 3.2 | 3.2 | 3.3 | 3.4 | 3.4 | 3.5 | 3.5 | 3.6 | 3.7 |
| Imports | Mt | 7.0 | 7.3 | 7.3 | 7.3 | 7.4 | 7.4 | 7.5 | 7.6 | 7.7 | 7.8 | 7.9 |
| Closing stocks | Mt | 18.0 | 14.4 | 12.9 | 11.5 | 10.4 | 9.8 | 9.2 | 8.7 | 8.5 | 8.3 | 8.3 |
| OECD 3 | ||||||||||||
| Production | Mt | 5.2 | 5.5 | 5.4 | 5.4 | 5.5 | 5.6 | 5.6 | 5.7 | 5.8 | 5.9 | 5.9 |
| Consumption | Mt | 3.3 | 3.3 | 3.3 | 3.3 | 3.3 | 3.3 | 3.3 | 3.3 | 3.4 | 3.4 | 3.4 |
| Exports | Mt | 3.3 | 3.9 | 4.0 | 4.0 | 4.0 | 4.0 | 3.9 | 4.0 | 4.0 | 4.1 | 4.1 |
| Imports | Mt | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 |
| Closing stocks | Mt | 2.5 | 2.8 | 2.6 | 2.5 | 2.4 | 2.3 | 2.3 | 2.3 | 2.4 | 2.4 | 2.4 |
Note: Marketing year: See Glossary of Terms for definitions. Average 2014-16est: Data for 2016 are estimated. | |||||||||||||
Disclaimer: http://oe.cd/disclaimer | |||||||||||||
Consumption for cotton means mill consumption and not final consumer demand. | |||||||||||||
Cotlook A index, Middling 1 3/32", c.f.r. far Eastern ports (August/July). | |||||||||||||
Excludes Iceland but includes all EU28 member countries. | |||||||||||||
Source: OECD/FAO (2017), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en |