You are on page 1of 38

Sourcing Cotton

Basic Information for


Adjusting Sourcing Strategies
With hundreds of easily searchable
resources, we’re your go-to textile tool for
discovering what’s possible with cotton.
cottonworks.com

@cotton_works
Type your questions in the Q&A window

Webinar
at any time during the webinar.

Find the presentation slides and other

Support
resources at cottonworks.com at the
conclusion of the webinar.

Please turn off your pop-up blocker to


!
participate in this webinar.
Sourcing Cotton
Basic Information for
Adjusting Sourcing Strategies
Change has been constant
Successive rounds of tariffs

Mounting human rights concerns

Volatility in fiber prices & exchange rates


Cotton Production

Average Production
last five years
in 480lb bales
More than 5.0 million
1.0 to 5.0 million
Less than 1.0 million
No cotton grown

1 ton = 4.593 bales

Source: USDA – Cotton: World Markets and Trade,


data for 2020/21 crop year; August 1, 2020 through July 31, 2021
Cotton Production
Four major raw cotton
The top 4 countries
producers in 2020/21 account for
about 75% of global production
India 29.5 mil bales
China 27.5 mil bales
U.S. Others
15.0 mil bales
India
26%
Brazil 26%
12.0 mil bales

Brazil
11% China
24%
U.S.
13%

Source: USDA – Cotton: World Markets and Trade,


data for 2020/21 crop year; August 1, 2020 through July 31, 2021
Cotton Mill Use

Cotton mill-use or
consumption refers to fiber
spun into yarn or used in
manufacturing for products
such as nonwovens.
There are more than 100
countries that use cotton as
a raw material in
manufacturing.

Source: USDA – Cotton: World Markets and Trade,


data for 2020/21 crop year; August 1, 2020 through July 31, 2021
Cotton Mill Use Cotton used in textile mills

Average Mill-Use
last five years
in 480lb bales
More than 5.0 million
1.0 to 5.0 million
Less than 1.0 million
No cotton spun

Source: USDA – Cotton: World Markets and Trade,


data for 2020/21 crop year; August 1, 2020 through July 31, 2021
Cotton Mill Use

Six major
These raw cotton
six countries account for
consumers
about 80% ofinglobal
2020/21 mill-use
China 38.5 mil bales
India 24.0 mil bales
Others China
Pakistan19% 10.0 33% mil bales
Bangladesh
Vietnam 7.3 mil bales
6%
Turkey 7.2 mil bales
Turkey
Vietnam
6% 6.7 mil bales
Bangladesh
6%
Pakistan India
9% 21%

Source: USDA – Cotton: World Markets and Trade,


data for 2020/21 crop year; August 1, 2020 through July 31, 2021
Cotton Exports

Top four exporters by origin of raw


cotton account for 80% of global
shipments of raw cotton

Others
20%
U.S.
35%
W. Africa
10%

India
12% Brazil
23%

Source: USDA – Cotton: World Markets and Trade,


data for 2020/21 crop year; August 1, 2020 through July 31, 2021
Cotton Imports

Top five importers of raw cotton


account for about 80% of globally
traded cotton

Others China
23% 24%

Turkey
Bangladesh
11%
16%
Pakistan
11% Vietnam
15%

Source: USDA – Cotton: World Markets and Trade,


data for 2020/21 crop year; August 1, 2020 through July 31, 2021
Source: USDA – Cotton: World Markets and Trade, ITMF – Cotton Industry Statistics, WTO – World Trade Statistical Review
Data in 480 lbs bales. 1 ton = 4,593 bales. Figures may not sum due to rounding.
Source: USDA – Cotton: World Markets and Trade, Beijing Cotton Outlook, and China National Cotton Exchange.
Data in 480 lbs bales. 1 ton = 4,593 bales. Figures may not sum due to rounding.
Source: USDA – Cotton: World Markets and Trade, Beijing Cotton Outlook, and China National Cotton Exchange.
Data in 480 lbs bales. 1 ton = 4,593 bales. Figures may not sum due to rounding.
Source: USDA – Cotton: World Markets and Trade, Beijing Cotton Outlook, and China National Cotton Exchange. Sanction and seizure information from
US Department of Treasury and US Customs and Border Protection. Data in 480 lbs bales. 1 ton = 4,593 bales. Figures may not sum due to rounding.
Sources: Beijing Cotton Outlook,
China National Cotton Exchange,
China Customs, Trade Data Monitor.
Data in 480 lbs bales.
1 ton = 4,593 bales.
Figures may not sum due to rounding.
Sources: Beijing Cotton Outlook,
China National Cotton Exchange,
China Customs, Trade Data Monitor.
Data in 480 lbs bales.
1 ton = 4,593 bales.
Figures may not sum due to rounding.
Sources: Beijing Cotton Outlook,
China National Cotton Exchange,
China Customs, Trade Data Monitor.
Data in 480 lbs bales.
1 ton = 4,593 bales.
Figures may not sum due to rounding.
Sources: Beijing Cotton Outlook,
China National Cotton Exchange,
China Customs, Trade Data Monitor.
Data in 480 lbs bales.
1 ton = 4,593 bales.
Figures may not sum due to rounding.
Sources: Beijing Cotton Outlook,
China National Cotton Exchange,
China Customs, Trade Data Monitor.
Data in 480 lbs bales.
1 ton = 4,593 bales.
Figures may not sum due to rounding.
Sources: Beijing Cotton Outlook,
China National Cotton Exchange,
China Customs, Trade Data Monitor.
Data in 480 lbs bales.
1 ton = 4,593 bales.
Figures may not sum due to rounding.
Sources: Beijing Cotton Outlook,
China National Cotton Exchange,
China Customs, Trade Data Monitor.
Data in 480 lbs bales.
1 ton = 4,593 bales.
Figures may not sum due to rounding.
Sources: Beijing Cotton Outlook,
China National Cotton Exchange,
China Customs, Trade Data Monitor.
Data in 480 lbs bales.
1 ton = 4,593 bales.
Figures may not sum due to rounding.
Yarn Manufacturers Buy Cotton Based on Fiber Quality
Feedback and more to come…
Interested in sharing
this content with a
colleague?
Create a free CottonWorks™
account and find all past
webinars at cottonworks.com/
webinars.

Please allow 24-48 hours for this webinar


recording to be added.
Sourcing Cotton
Basic Information for
Adjusting Sourcing Strategies
Submit all final questions now Please take our brief survey on today’s
using the Q&A box on your screen. presentation prior to exiting the webinar.

You might also like