OECD-FAO Agricultural Outlook 2018-2027 - © OECD 2018
| A.9 | World cotton projections | ||||||||||||
| A.9 | World cotton projections | ||||||||||||
| Marketing year | |||||||||||||
| | | | Average 2015-17est | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| | WORLD | ||||||||||||
| | Production | Mt | 23.4 | 25.1 | 25.2 | 25.6 | 25.9 | 26.3 | 26.8 | 27.3 | 27.8 | 28.3 | 28.7 |
| | Area | Mha | 30.7 | 32.3 | 32.2 | 32.3 | 32.3 | 32.3 | 32.6 | 32.7 | 32.8 | 32.9 | 32.9 |
| | Yield | t/ha | 0.76 | 0.78 | 0.78 | 0.79 | 0.80 | 0.81 | 0.82 | 0.83 | 0.85 | 0.86 | 0.87 |
| | Consumption 1 | Mt | 24.5 | 26.2 | 26.4 | 27.0 | 27.5 | 27.7 | 27.4 | 27.6 | 27.9 | 28.3 | 28.7 |
| | Exports | Mt | 7.9 | 8.3 | 8.4 | 8.5 | 8.6 | 8.8 | 8.9 | 9.0 | 9.1 | 9.3 | 9.4 |
| | Closing stocks | Mt | 19.5 | 18.1 | 16.9 | 15.5 | 13.9 | 12.4 | 11.8 | 11.4 | 11.2 | 11.2 | 11.2 |
| | Price 2 | USD/t | 1 697.4 | 1 597.2 | 1 436.1 | 1 450.4 | 1 469.9 | 1 517.0 | 1 537.9 | 1 542.6 | 1 541.7 | 1 539.5 | 1 544.1 |
| | DEVELOPED COUNTRIES | ||||||||||||
| | Production | Mt | 6.2 | 6.5 | 6.3 | 6.4 | 6.4 | 6.5 | 6.6 | 6.7 | 6.8 | 6.9 | 7.0 |
| | Consumption | Mt | 1.7 | 1.7 | 1.8 | 1.8 | 1.8 | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 |
| | Exports | Mt | 4.5 | 4.9 | 5.0 | 5.0 | 5.1 | 5.1 | 5.2 | 5.2 | 5.3 | 5.3 | 5.4 |
| | Imports | Mt | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| | Closing stocks | Mt | 2.1 | 3.0 | 2.9 | 2.8 | 2.7 | 2.6 | 2.4 | 2.3 | 2.2 | 2.2 | 2.1 |
| | DEVELOPING COUNTRIES | ||||||||||||
| | Production | Mt | 17.2 | 18.7 | 18.9 | 19.2 | 19.5 | 19.8 | 20.2 | 20.6 | 21.0 | 21.4 | 21.8 |
| | Consumption | Mt | 22.8 | 24.5 | 24.6 | 25.2 | 25.7 | 25.9 | 25.5 | 25.8 | 26.0 | 26.4 | 26.7 |
| | Exports | Mt | 3.3 | 3.4 | 3.5 | 3.5 | 3.6 | 3.6 | 3.7 | 3.8 | 3.9 | 3.9 | 4.0 |
| | Imports | Mt | 7.4 | 8.0 | 8.1 | 8.2 | 8.3 | 8.4 | 8.6 | 8.7 | 8.8 | 8.9 | 9.1 |
| | Closing stocks | Mt | 17.4 | 15.1 | 14.0 | 12.7 | 11.2 | 9.9 | 9.4 | 9.1 | 9.0 | 9.0 | 9.1 |
| | OECD 3 | ||||||||||||
| | Production | Mt | 5.8 | 6.2 | 6.1 | 6.2 | 6.2 | 6.3 | 6.4 | 6.5 | 6.6 | 6.7 | 6.8 |
| | Consumption | Mt | 3.2 | 3.2 | 3.2 | 3.2 | 3.3 | 3.3 | 3.4 | 3.4 | 3.4 | 3.5 | 3.5 |
| | Exports | Mt | 3.9 | 4.3 | 4.3 | 4.4 | 4.5 | 4.6 | 4.6 | 4.7 | 4.7 | 4.8 | 4.8 |
| | Imports | Mt | 1.6 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 |
| | Closing stocks | Mt | 2.6 | 3.5 | 3.4 | 3.3 | 3.2 | 3.0 | 2.9 | 2.8 | 2.7 | 2.6 | 2.6 |
| Note: Marketing year: See Glossary of Terms for definitions. Average 2015-17est: Data for 2017 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 (2018), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en | |||||||||||||