United States Agriculture Cotton: World Markets and Trade · 2006. 12. 1. · United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

Circular Series FOP 12 - 06 December 2006

LIST OF TABLES

o Summary of Changes (1,000 480-lb. bales)

o Table 1: World Cotton Supply, Use and Trade, (1,000 metric tons)

o Table 2: World Cotton Supply, Use and Trade, (1,000 480-lb. bales)

o Table 4: Area, Yield, and Production by Country

o Table 5: Cotton Supply & Distribution by Country 2006/2007 (1,000 480-lb. bales)

o Table 5-A: Cotton Supply & Distribution by Country 2006/2007 (1,000 metric tons)

o Table 6: Cotton Supply & Distribution by Country 2005/2006 (1,000 480-lb. bales)

o Table 6-A: Cotton Supply & Distribution by Country, 2005/2006 (1,000 metric tons)

o Table 8: Northern European Cotton and Adjusted World Price

o Table 9: World Cotton Production, Yield, Supply, and Utilization

o Table 10: United States Cotton Production, Yield, Supply, and Utilization

o Table 11: Foreign Cotton Production, Yield, Supply, and Utilization

Cotton: World Markets and Trade

Summary of Changes in estimates and Forecasts from Last Month

(1,000 480 lb Bales and 1,000 Ha)

Country Mktg Year Area Harvested

Beginning Stocks

Production Imports Exports Use Loss Total Dom. Cons.

Ending Stocks

Australia

-250000-1500-4000-45 2006/07

Benin

25000-250000 2005/06

1000040025250 2006/07

Brazil

175000750250050 2006/07

Burkina

50000-500000 2005/06

00005000500 2006/07

China, Peoples Republic of

22500025-25050000 2006/07

Cote d'Ivoire

0000-250-250-25 2006/07

India

300000-3000000 2005/06

1003000300-100003000 2006/07

Malaysia

-9-250-250-34000 2005/06

-14-750-750-800-90 2006/07

Mali

50000-500000 2005/06

000075025500 2006/07

Philippines

-3-50-50-8000 2005/06

-3-50-50-50-30 2006/07

Syria

-50000-1000-15000 2006/07

Tajikistan, Republic of

-15000-250-4000 2006/07

Togo

-15000-350-500-35 2006/07


Beginning Stocks

Production Imports Exports Use Loss Total Dom. Cons.

Ending Stocks

Turkmenistan

2500075010000 2006/07

United States

300-102-2-100-2000-200 2006/07

Uzbekistan, Republic of

-50000-500-10000 2006/07

World

World

413-300-30-425-42000 2005/06

438118-2120-345-335133413-55 2006/07

Foreign Agricultural Service/USDAOffice of Global Analysis

December 2006

(1000 MT)

Table 01 Cotton World Supply, Use, and Trade (Season Beginning August 1)

2002/03 2003/04 2004/05 2005/06Nov

2006/07Dec

2006/07

Production none

4,921 China, Peoples Republic 4,855 6,314 5,704 6,532 6,641

3,747 United States 3,975 5,062 5,201 4,637 4,637

2,308 India 3,048 4,137 4,180 4,572 4,572

1,698 Pakistan 1,687 2,426 2,145 2,068 2,068

847 Brazil 1,310 1,285 1,023 1,143 1,197

1,002 Uzbekistan, Republic of 893 1,132 1,208 1,197 1,176

910 Turkey 893 904 773 904 904

3,783 Other 4,082 4,953 4,616 4,142 4,030

19,215 Total 20,742 26,213 24,852 25,196 25,225

USE Dom. Consumption none


2,896 India 2,939 3,222 3,592 3,810 3,876

2,047 Pakistan 2,090 2,341 2,558 2,656 2,656

1,372 Turkey 1,306 1,546 1,502 1,459 1,459

1,584 United States 1,364 1,457 1,282 1,132 1,110

784 Brazil 860 914 882 882 882

337 Bangladesh 376 408 479 501 501

490 Indonesia 468 468 474 474 474

425 Thailand 403 457 446 457 457

457 Mexico 435 457 457 435 435

4,498 Other 4,134 4,039 3,746 3,626 3,609

21,398 Total 21,344 23,693 25,217 26,319 26,345

Imports none

681 China, Peoples Republic 1,923 1,390 4,199 3,810 3,756

493 Turkey 516 743 751 555 555

348 Bangladesh 370 403 482 501 501

185 Pakistan 403 370 392 501 501

485 Indonesia 468 479 479 479 479

423 Thailand 365 497 412 446 446

359 Russian Federation 321 316 310 310 310

507 Mexico 405 394 380 305 305

265 Taiwan 220 291 247 250 250

325 Korea, Republic of 277 292 220 229 229

2,479 Other 2,147 2,083 1,745 1,764 1,745

6,551 Total 7,416 7,259 9,616 9,150 9,077

Exports none

2,591 United States 2,995 3,143 3,927 3,527 3,484

740 Uzbekistan, Republic of 675 860 1,045 1,023 1,012

12 India 152 144 806 914 893

578 Australia 470 435 628 533 501

106 Brazil 210 339 429 305 321

158 Burkina 207 212 283 305 316

250 Greece 267 255 294 272 272

185 Mali 256 207 223 218 234

87 Turkmenistan 120 82 120 125 142

109 Kazakhstan, Republic of 114 136 136 128 128

1,785 Other 1,767 1,813 1,893 1,695 1,668

6,603 Total 7,233 7,625 9,784 9,046 8,971

Ending Stocks none


781 India 911 1,908 1,778 1,690 1,712

1,172 United States 751 1,196 1,317 1,306 1,372

627 Brazil 1,007 1,106 885 951 989

485 Pakistan 443 771 674 549 549

297 Turkey 322 390 368 335 335

222 Uzbekistan, Republic of 201 283 272 283 272

2,773 Other 2,483 3,273 3,102 2,705 2,637

9,623 Total 9,375 11,772 11,806 11,115 11,211


December 2006

(1000 Bales)

Table 02 Cotton World Supply, Use, and Trade (Season Beginning August 1)

2002/03 2003/04 2004/05 2005/06Nov

2006/07Dec

2006/07

Production none

3,890 Brazil 6,015 5,900 4,700 5,250 5,500


10,600 India 14,000 19,000 19,200 21,000 21,000

7,800 Pakistan 7,750 11,143 9,850 9,500 9,500

4,179 Turkey 4,100 4,150 3,550 4,150 4,150

17,209 United States 18,255 23,251 23,890 21,299 21,297

4,600 Uzbekistan, Republic of 4,100 5,200 5,550 5,500 5,400

17,373 Other 18,747 22,750 21,202 19,024 18,509

88,251 Total 95,267 120,394 114,142 115,723 115,856

USE Dom. Consumption none

1,550 Bangladesh 1,725 1,875 2,200 2,300 2,300

3,600 Brazil 3,950 4,200 4,050 4,050 4,050


13,300 India 13,500 14,800 16,500 17,500 17,800

2,250 Indonesia 2,150 2,150 2,175 2,175 2,175

2,100 Mexico 2,000 2,100 2,100 2,000 2,000

9,400 Pakistan 9,600 10,750 11,750 12,200 12,200

1,950 Thailand 1,850 2,100 2,050 2,100 2,100

6,300 Turkey 6,000 7,100 6,900 6,700 6,700

7,273 United States 6,266 6,691 5,888 5,200 5,100

20,657 Other 18,989 18,553 17,207 16,654 16,574

98,280 Total 98,030 108,819 115,820 120,879 120,999

Imports none

1,600 Bangladesh 1,700 1,850 2,214 2,300 2,300


2,228 Indonesia 2,150 2,200 2,200 2,200 2,200

1,492 Korea, Republic of 1,274 1,343 1,011 1,050 1,050

2,330 Mexico 1,858 1,810 1,744 1,400 1,400

850 Pakistan 1,850 1,700 1,800 2,300 2,300

1,650 Russian Federation 1,475 1,450 1,425 1,425 1,425

1,219 Taiwan 1,011 1,337 1,133 1,150 1,150

1,945 Thailand 1,678 2,282 1,892 2,050 2,050

2,265 Turkey 2,370 3,414 3,450 2,550 2,550

11,384 Other 9,861 9,567 8,014 8,100 8,015

30,090 Total 34,059 33,338 44,167 42,025 41,690

Exports none

2,655 Australia 2,157 1,998 2,884 2,450 2,300

489 Brazil 964 1,557 1,972 1,400 1,475

725 Burkina 950 975 1,300 1,400 1,450

1,150 Greece 1,225 1,170 1,350 1,250 1,250

56 India 700 660 3,700 4,200 4,100

500 Kazakhstan, Republic of 525 625 625 590 590

850 Mali 1,175 950 1,025 1,000 1,075

400 Turkmenistan 550 375 550 575 650

11,900 United States 13,758 14,436 18,036 16,200 16,000

3,400 Uzbekistan, Republic of 3,100 3,950 4,800 4,700 4,650

8,200 Other 8,117 8,326 8,693 7,783 7,663

30,325 Total 33,221 35,022 44,935 41,548 41,203

Ending Stocks none

2,880 Brazil 4,626 5,081 4,067 4,367 4,542


3,586 India 4,186 8,764 8,164 7,764 7,864

2,228 Pakistan 2,033 3,543 3,096 2,521 2,521

1,365 Turkey 1,478 1,790 1,690 1,540 1,540

5,385 United States 3,450 5,495 6,050 6,000 6,300

1,018 Uzbekistan, Republic of 923 1,298 1,248 1,298 1,248

12,737 Other 11,403 15,033 14,249 12,425 12,113

44,198 Total 43,057 54,067 54,225 51,051 51,489


December 2006

Table 04 Cotton Area, Yield, and Production

From last month From last yearMBalesPercent

Yield(Kilograms per hectare)

Dec 2004/05 MBales

Country / Region

Area(Million hectares)

Production(Million 480 lb. bales)

Change in Production

2004/05Prel.

2005/06 Nov NovPrel.

2005/06 DecPrel.

2005/06 Nov Dec Percent2006/07 Proj.2006/07 Proj. 2006/07 Proj.

2004/05

35.77World 1.501.710.110.13115.8634.43 34.74 34.69 733.00 722.00 725.00 727.00 120.39 114.14 115.72

5.28United States -10.85-2.59-0.010.0021.305.59 5.19 5.19 958.00 931.00 894.00 894.00 23.25 23.89 21.30

30.49Total Foreign 4.774.310.140.1494.5628.85 29.56 29.50 694.00 681.00 696.00 698.00 97.14 90.25 94.42

Western Hemisphere

1.17 Brazil 17.020.804.760.255.500.85 0.95 1.00 1,096.0 1,204.0 1,203.0 1,197.0 5.90 4.70 5.25

0.11 Mexico 0.000.000.000.000.640.13 0.13 0.13 1,296.0 1,097.0 1,097.0 1,097.0 0.63 0.64 0.64

0.37 Argentina 28.000.180.000.000.800.31 0.40 0.40 393.00 446.00 435.00 435.00 0.68 0.63 0.80

0.22 Paraguay 23.080.060.000.000.320.24 0.21 0.21 304.00 236.00 332.00 332.00 0.30 0.26 0.32

0.09 Peru 0.000.000.000.000.280.09 0.09 0.09 690.00 704.00 704.00 704.00 0.30 0.28 0.28

0.07 Colombia -2.27-0.010.000.000.220.06 0.05 0.05 804.00 871.00 883.00 883.00 0.24 0.22 0.22

Africa

0.59 Burkina 7.410.100.000.001.450.63 0.70 0.70 439.00 467.00 451.00 451.00 1.18 1.35 1.45

0.56 Mali 0.000.002.500.031.030.56 0.54 0.54 428.00 399.00 403.00 413.00 1.10 1.03 1.00

0.33 Cote d'Ivoire -20.00-0.10-5.88-0.030.400.27 0.25 0.23 425.00 411.00 370.00 387.00 0.64 0.50 0.43

0.22 Cameroon 14.460.060.000.000.480.23 0.23 0.23 495.00 402.00 460.00 460.00 0.50 0.42 0.48

0.31 Benin 40.000.155.000.030.530.20 0.29 0.29 527.00 408.00 382.00 401.00 0.75 0.38 0.50

0.43 Chad 7.690.030.000.000.350.35 0.35 0.35 192.00 202.00 218.00 218.00 0.38 0.33 0.35

0.20 Togo -28.57-0.04-33.33-0.050.100.11 0.10 0.07 354.00 290.00 327.00 335.00 0.33 0.14 0.15

0.04 Senegal 0.000.000.000.000.090.04 0.04 0.04 518.00 490.00 490.00 490.00 0.10 0.09 0.09

0.31 Egypt 8.110.080.000.001.000.27 0.24 0.24 911.00 738.00 907.00 907.00 1.29 0.93 1.00

0.30 Zimbabwe 2.940.020.000.000.530.35 0.39 0.39 269.00 317.00 293.00 293.00 0.37 0.51 0.53

0.38 Nigeria 0.000.000.000.000.400.38 0.38 0.38 241.00 229.00 229.00 229.00 0.42 0.40 0.40

Asia Oceania

5.69 China, Peoples 16.414.301.670.5030.505.06 5.35 5.35 1,110.0 1,127.0 1,221.0 1,241.0 29.00 26.20 30.00

8.92 India 9.381.800.000.0021.008.83 9.25 9.25 464.00 473.00 494.00 494.00 19.00 19.20 21.00

3.19 Pakistan -3.55-0.350.000.009.503.10 3.25 3.25 760.00 692.00 636.00 636.00 11.14 9.85 9.50

0.22 Kazakhstan, Republic -7.41-0.050.000.000.630.20 0.20 0.20 685.00 720.00 698.00 698.00 0.68 0.68 0.63

0.29 Tajikistan, Republic of 0.000.00-6.02-0.040.630.26 0.26 0.26 601.00 534.00 568.00 534.00 0.80 0.63 0.67

0.50 Turkmenistan 12.820.1310.000.101.100.60 0.60 0.60 401.00 354.00 363.00 399.00 0.92 0.98 1.00

1.42 Uzbekistan, Republic -2.70-0.15-1.82-0.105.401.43 1.42 1.42 798.00 844.00 841.00 826.00 5.20 5.55 5.50

0.70 Turkey 16.900.600.000.004.150.60 0.70 0.70 1,291.0 1,288.0 1,291.0 1,291.0 4.15 3.55 4.15

0.31 Australia -53.57-1.50-23.53-0.401.300.34 0.20 0.16 2,080.0 1,814.0 1,851.0 1,826.0 3.00 2.80 1.70

0.23 Syria -23.33-0.35-11.54-0.151.150.23 0.21 0.21 1,489.0 1,452.0 1,335.0 1,181.0 1.60 1.50 1.30

0.30 Burma, Union of 0.000.000.000.000.270.30 0.30 0.30 196.00 196.00 196.00 196.00 0.27 0.27 0.27

Europe

0.38 Greece -24.05-0.480.000.001.500.36 0.30 0.30 1,045.0 1,211.0 1,089.0 1,089.0 1.80 1.98 1.50

0.09 Spain -60.78-0.310.000.000.200.09 0.06 0.06 1,235.0 1,291.0 726.00 726.00 0.51 0.51 0.20

2.57Others -17.04-0.650.000.003.152.43 2.14 2.14 338.00 341.00 321.00 321.00 3.99 3.80 3.15

Note: Yeild for Total Foreign and Others is an incorrect calculation.


December 2006

(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2006/07

Area Harvested

ExportsLossUseTotal Supply

ImportsProductionBeginning Stocks

Country

85 0709801350 Afghanistan 15

1 035423471 Albania 0

0 045514560 Algeria 0

5 0510322 Angola 3

800 97501,494100594400 Argentina 150

0 012110 Armenia, Republic 0

1,300 -125553,23801,938155 Australia 2,300

0 0759675210 Austria 6

220 025355013590 Azerbaijan, 225

0 0758975140 Bahrain 0

70 52,3002,8302,30046050 Bangladesh 0

0 035403550 Belarus 0

0 090164135290 50

525 0107160191285 Benin 540

48 065117303920 Bolivia 10

5,500 04,05010,0675004,0671,000 Brazil 1,475

10 035442592 Bulgaria 0

1,450 041,8930443700 Burkina 1,450

270 0200348375300 Burma, Union of 75

0 020262060 Cambodia 0

475 0455950120225 Cameroon 425

0 0150187135520 Canada 5

15 00200525 Central African 15

350 0154580108350 Chad 325

0 0658665210 Chile 0

30,500 -2,00050,00063,41117,25015,6615,350 China, Peoples 50

215 543054022010553 Colombia 0

15 0303515530 Congo, Democratic 0

1 034211 Costa Rica 0

400 0507230323225 Cote d'Ivoire 425

0 079630 Croatia 0

4 045504064 Cuba 0

0 000000 Cyprus 0

0 0160186160260 Czech Republic 0

0 000000 Denmark 0


December 2006

(1,000 HA and 1000 480-lb. Bales)

Table 05 Cotton Supply and Distribution MY 2006/07 (Continued)

Area Harvested



Country

3 0810524 Dominican Republic 0

9 0658255183 Ecuador 0

1,000 131,0002,185550635240 Egypt 550

1 09011890271 El Salvador 0

0 050565060 Estonia 0

85 07510602160 Ethiopia 10

0 0150206170360 France 20

0 0220329300290 Germany 75

40 0155501525 Ghana 20

1,500 503502,19520675300 Greece 1,250

3 0110140115222 Guatemala 4

14 00200614 Guinea 15

5 01011517 Haiti 0

4 015181132 Honduras 0

0 03255034001030 Hong Kong 90

0 115191540 Hungary 0

21,000 017,80029,7646008,1649,250 India 4,100

32 502,1752,5972,20036510 Indonesia 20

370 047559075145106 Iran 25

30 0100119701920 Iraq 0

0 012110 Ireland 0

100 0514654113 Israel 100

0 55756795751040 Italy 25

0 06257226151070 Japan 0

625 0507730148195 Kazakhstan, 590

20 05570401037 Kenya 5

55 06575101019 Korea, Democratic 0

1 01,0501,3511,0503001 Korea, Republic of 10

200 0526206246 Kyrgyzstan, 200

0 015181530 Latvia 0

0 034310 Lebanon 0

0 025292540 Lithuania 0

1 068521 Macedonia, 0

60 0507101130 Madagascar 10

90 01017208247 Malawi 90


December 2006

(1,000 HA and 1000 480-lb. Bales)


Area Harvested



Country

0 0150175145300 Malaysia 0

1,025 0201,3920367540 Mali 1,075

0 0657965140 Mauritius 0

635 252,0003,3591,4001,324126 Mexico 250

0 010141040 Moldova, Republic 0

1 0140164135281 Morocco 0

145 010213563196 Mozambique 150

0 0911920 Netherlands 1

10 0112024 Nicaragua 9

5 048035 Niger 1

400 036060475129380 Nigeria 125

9,500 2512,20014,8962,3003,0963,250 Pakistan 150

0 011100 Panama 0

320 030367047210 Paraguay 250

275 045075117530185 Peru 10

10 010513290324 Philippines 0

0 0130149130190 Poland 1

1 0285351270801 Portugal 2

0 0506845230 Romania 0

0 01,4251,6471,4252220 Russian Federation 0

90 02012603640 Senegal 70

0 0810820 Serbia and 0

0 00635580 Singapore 55

0 056510 Slovakia 0

0 030393090 Slovenia 0

7 012135112 Somalia 0

95 02252761305130 South Africa, 0

200 01753603512560 Spain 125

5 01013535 Sri Lanka 0

300 085470247150 Sudan 350

0 000000 Sweden 0

0 020231580 Switzerland 0

1,150 07251,5990449212 Syria 550

0 01,1751,5411,1503910 Taiwan 0

625 01407700145255 Tajikistan, Republic 500


December 2006

(1,000 HA and 1000 480-lb. Bales)


Area Harvested



Country

225 0705760351300 Tanzania, United 300

54 252,1002,6002,05049611 Thailand 1

100 01518208265 Togo 115

10 0110123100132 Tunisia 0

4,150 06,7008,3902,5501,690700 Turkey 150

1,100 04301,6290529600 Turkmenistan 650

200 020290090270 Uganda 160

0 0607760170 Ukraine 0

0 035443590 United Kingdom 0

21,297 -235,10027,377306,0505,187 United States 16,000

0 034310 Uruguay 0

5,400 07506,64801,2481,424 Uzbekistan, 4,650

60 080114203410 Venezuela 0

49 082598477516023 Vietnam 0

65 025740940 Yemen 40

315 0656400325350 Zambia 285

525 15807110186390 Zimbabwe 425

World

115,856 -1,920120,999211,77141,69054,22534,689 World 41,203


December 2006

(1000 MT)

Table 05A Cotton Supply and Distribution MY 2006/07

Beginning Stocks

Ending Stocks


ImportsProductionCountry

0 301521193 Afghanistan 3

7 008902 Albania 2

10 00101101 Algeria 1

1 101210 Angola 0

22 332163325174129 Argentina 127


0 501-2712705283422 Australia 219

16 10162105 Austria 3

0 4905774829 Azerbaijan, 23

16 00161903 Bahrain 3

501 0150161615100 Bangladesh 114

8 008901 Belarus 1

29 110203606 5

0 1180215611442 Benin 36

7 201425108 Bolivia 9

109 32108822,1921,197885 Brazil 989

5 0081022 Bulgaria 2

0 3160141231696 Burkina 96

1 16044765916 Burma, Union of 16

4 004601 Cambodia 1

0 9301013010326 Cameroon 27

29 103341011 Canada 7


0 71031007624 Chad 26

14 00141905 Chile 5

3,756 11-43510,88613,8066,6413,410 China, Peoples 3,344

48 01941184723 Colombia 23



0 930111578770 Cote d'Ivoire 54

1 002201 Croatia 0

9 00101111 Cuba 1

0 000000 Cyprus 0


0 000000 Denmark 0


December 2006

(1000 MT)

Table 05A Cotton Supply and Distribution MY 2006/07 (Continued)

Beginning Stocks

Ending Stocks




12 00141824 Ecuador 4

120 1203218476218138 Egypt 135

20 00202606 El Salvador 6

11 00111201 Estonia 1

0 201623195 Ethiopia 5

37 40334508 France 8

65 160487206 Germany 7

0 4031293 Ghana 4

4 2721176478327147 Greece 119

25 10243015 Guatemala 6

0 300431 Guinea 1

1 002210 Haiti 0

2 003411 Honduras 1

87 20071110022 Hong Kong 19

3 003401 Hungary 1

131 89303,8766,4804,5721,778 India 1,712

479 411474565779 Indonesia 77

16 501031288132 Iran 20

15 00222674 Iraq 4

0 000000 Ireland 0

1 220132229 Israel 9

125 51125148023 Italy 16

134 00136157023 Japan 21

0 12801116813632 Kazakhstan, 29

9 10121542 Kenya 2


229 20229294065 Korea, Republic of 63

0 4401574413 Kyrgyzstan, 12

3 003401 Latvia 1

1 001100 Lebanon 0

5 005601 Lithuania 1


0 201115132 Madagascar 2

0 2002372018 Malawi 16


December 2006

(1000 MT)


Beginning Stocks

Ending Stocks



32 00333807 Malaysia 5

0 2340430322380 Mali 65

14 00141703 Mauritius 3

305 545435731138288 Mexico 236


29 00303606 Morocco 5

1 3302463214 Mozambique 12



0 001211 Niger 1

16 270781328728 Nigeria 26

501 3352,6563,2432,068674 Pakistan 549

0 000000 Panama 0

0 5407807010 Paraguay 19

38 20981646066 Peru 63

20 00232927 Philippines 6

28 00283204 Poland 4

59 006276017 Portugal 14

10 00111505 Romania 4

310 00310359048 Russian Federation 48

0 150427208 Senegal 8


12 12001402 Singapore 2

1 001100 Slovakia 0

7 007802 Slovenia 2

1 003320 Somalia 0

28 0049602111 South Africa, 11

8 27038784427 Spain 13

1 002311 Sri Lanka 1

0 76021196554 Sudan 41

0 000000 Sweden 0


0 120015834825098 Syria 71

250 00256336085 Taiwan 80



December 2006

(1000 MT)


Beginning Stocks

Ending Stocks



0 650151254976 Tanzania, United 45

446 0545756612108 Thailand 103

0 2503402218 Togo 11

22 00242723 Tunisia 3

555 3301,4591,827904368 Turkey 335

0 142094355239115 Turkmenistan 120

0 3504634420 Uganda 24

13 00131704 Ukraine 4


7 3,484-51,1105,9614,6371,317 United States 1,372

1 001100 Uruguay 0

0 1,01201631,4471,176272 Uzbekistan, 272

4 001725137 Venezuela 7

169 001802141135 Vietnam 35

0 90516142 Yemen 2

0 620141396971 Zambia 63

0 9331715511440 Zimbabwe 42

World

9,077 8,971-41826,34546,10825,22511,806 World 11,211


December 2006

(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2005/2006

Area Harvested



Country

85 0709801350 Afghanistan 15

1 035423471 Albania 0

0 0455140110 Algeria 0

5 0510322 Angola 3

625 97001,355157573305 Argentina 52


2,800 -125604,75701,957336 Australia 2,884

0 08511383300 Austria 7

325 0254350110100 Azerbaijan, 275

0 0759075150 Bahrain 1

70 52,2002,6652,21438150 Bangladesh 0

0 0404535100 Belarus 0

0 0100185157280 56

375 0106760301200 Benin 475

48 065114303620 Bolivia 10

4,700 04,05010,0893085,081850 Brazil 1,972

10 0404925142 Bulgaria 0

1,350 041,7470397630 Burkina 1,300

270 0200350377300 Burma, Union of 75

0 020262060 Cambodia 0

415 0455850170225 Cameroon 420

0 02002521521000 Canada 0


325 0154480123350 Chad 325

0 0709169220 Chile 0

26,200 -2,15045,00058,54719,28413,0635,060 China, Peoples 36

220 54255382506855 Colombia 3



500 0508980398265 Cote d'Ivoire 525

0 0710730 Croatia 0

4 045514074 Cuba 0

0 011010 Cyprus 0


0 011010 Denmark 0


December 2006

(1,000 HA and 1000 480-lb. Bales)

Table 06: Cotton Supply and Distribution by Country 2005/2006 (Continued)

Area Harvested



Country


9 0658357173 Ecuador 0

925 131,0002,123525673273 Egypt 475

1 09011790261 El Salvador 0

0 060665790 Estonia 0

82 07510602460 Ethiopia 10

0 0170235197380 France 29

0 0240346315310 Germany 77

40 0155001025 Ghana 20

1,975 504002,47520480355 Greece 1,350

3 0115141112262 Guatemala 4

14 00210714 Guinea 15

5 01011427 Haiti 0

4 015181132 Honduras 0

0 0350550490600 Hong Kong 97

0 120272160 Hungary 2

19,200 016,50028,3644008,7648,830 India 3,700

32 502,1752,6102,20037810 Indonesia 20

530 050073525180165 Iran 90

30 0100119701920 Iraq 0

0 012110 Ireland 0

80 0513154610 Israel 85

0 106808316781530 Italy 37

0 06857926511410 Japan 0

675 0508230148204 Kazakhstan, 625

20 05570401037 Kenya 5


1 01,1001,4061,0113941 Korea, Republic of 6

210 0528707746 Kyrgyzstan, 220

0 015181440 Latvia 0

0 034310 Lebanon 0

0 025292540 Lithuania 0


60 0507101130 Madagascar 10

90 01018209247 Malawi 90


December 2006

(1,000 HA and 1000 480-lb. Bales)


Area Harvested



Country

0 0200230191390 Malaysia 0

1,025 0201,4120387560 Mali 1,025

0 0657965140 Mauritius 0

635 252,1003,6981,7441,319126 Mexico 249


1 0145173145271 Morocco 0

165 010213543196 Mozambique 140



5 048035 Niger 1

400 036061470144380 Nigeria 125

9,850 2511,75015,1931,8003,5433,100 Pakistan 322

0 011010 Panama 0

260 0303664102240 Paraguay 289

275 045076616932285 Peru 15

9 012015292514 Philippines 0

0 0145164140240 Poland 0

1 03103922891021 Portugal 2

0 0658856320 Romania 0

0 01,4251,6471,4252220 Russian Federation 0

90 02012603640 Senegal 70


0 00635580 Singapore 55

0 078620 Slovakia 0

0 0354634120 Slovenia 2

7 012135112 Somalia 0

78 02252761306822 South Africa, 0

510 01907162717986 Spain 401

5 013161015 Sri Lanka 0

370 086800310170 Sudan 425

0 011010 Sweden 0


1,500 07251,9990499225 Syria 825

0 01,2001,5911,1334580 Taiwan 0



December 2006

(1,000 HA and 1000 480-lb. Bales)


Area Harvested



Country

575 0708230248510 Tanzania, United 402

54 252,0502,5761,89263011 Thailand 5

140 0152870147105 Togo 190

10 0110123100132 Tunisia 0

3,550 06,9008,7903,4501,790600 Turkey 200

975 04251,5040529600 Turkmenistan 550

90 0202250135270 Uganda 115

0 0607758190 Ukraine 0


23,890 -5625,88829,412275,4955,586 United States 18,036

0 034310 Uruguay 0

5,550 08006,84801,2981,432 Uzbekistan, 4,800

60 080114203410 Venezuela 0

48 075091070016223 Vietnam 0

65 025740940 Yemen 40

400 0657150315350 Zambia 325

510 15906660156350 Zimbabwe 375

World

114,142 -2,604115,820212,37644,16754,06734,433 World 44,935


December 2006

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2005/2006

Area Harvested

ExportsEnding Stocks

LossUseImportsProductionBeginning Stocks

Country

19 30150311 Afghanistan 3

0 208720 Albania 0

0 1010920 Algeria 0

1 001100 Angola 1

136 12921523412566 Argentina 11


610 422-2713042673 Australia 628

0 50191870 Austria 2

71 290502422 Azerbaijan, 60

0 30161630 Bahrain 0

15 10014794828311 Bangladesh 0

0 109820 Belarus 0

0 60223460 12

82 420206644 Benin 103

10 8014784 Bolivia 2

1,023 8850882671,106185 Brazil 429

2 209530 Bulgaria 0

294 9601086137 Burkina 283

59 1604411765 Burma, Union of 16

0 104410 Cambodia 0

90 2601003749 Cameroon 91

0 1104433220 Canada 0


71 240302776 Chad 71

0 50151550 Chile 0

5,704 3,410-4689,7984,1992,8441,102 China, Peoples 8

48 23193541512 Colombia 1



109 7001108758 Cote d'Ivoire 114

0 102210 Croatia 0

1 1010921 Cuba 0

0 000000 Cyprus 0


0 000000 Denmark 0


December 2006

(1,000 Metric Tons)

Table 06A: Cotton Supply and Distribution by Country 2005/2006 (Continued)

Area Harvested



Country


2 40141241 Ecuador 0

201 138321811414759 Egypt 103

0 60202060 El Salvador 0

0 10131220 Estonia 0

18 50160513 Ethiopia 2

0 80374380 France 6

0 60526970 Germany 17

9 303025 Ghana 4

430 1471187410577 Greece 294

1 50252460 Guatemala 1

3 100023 Guinea 3

1 002102 Haiti 0

1 103210 Honduras 0

0 22076107130 Hong Kong 21

0 104510 Hungary 0

4,180 1,77803,592871,9081,923 India 806

7 7911474479822 Indonesia 4

115 32010953936 Iran 20

7 40221544 Iraq 0

0 000000 Ireland 0

17 9011102 Israel 19

0 232148148330 Italy 8

0 230149142310 Japan 0

147 3201103244 Kazakhstan, 136

4 2012928 Kenya 1


0 650239220860 Korea, Republic of 1

46 130101710 Kyrgyzstan, 48

0 103310 Latvia 0

0 001100 Lebanon 0

0 105510 Lithuania 0


13 2011027 Madagascar 2

20 180202010 Malawi 20


December 2006

(1,000 Metric Tons)


Area Harvested



Country

0 70444280 Malaysia 0

223 8004084122 Mali 223

0 30141430 Mauritius 0

138 288545738028727 Mexico 54


0 60323260 Morocco 0

36 14021943 Mozambique 30



1 101011 Niger 0

87 28078153183 Nigeria 27

2,145 67452,558392771675 Pakistan 70

0 000000 Panama 0

57 100712252 Paraguay 63

60 66098377019 Peru 3

2 702620111 Philippines 0

0 40323050 Poland 0

0 1706763220 Portugal 0

0 50141270 Romania 0

0 480310310480 Russian Federation 0

20 804089 Senegal 15


0 2001220 Singapore 12

0 002100 Slovakia 0

0 208730 Slovenia 0

2 003103 Somalia 0

17 1104928155 South Africa, 0

111 2704163919 Spain 87

1 103201 Sri Lanka 0

81 540206737 Sudan 93

0 000000 Sweden 0


327 980158010949 Syria 180

0 8502612471000 Taiwan 0



December 2006

(1,000 Metric Tons)


Area Harvested



Country

125 76015054111 Tanzania, United 88

12 10854464121372 Thailand 1

30 180303223 Togo 41

2 30242230 Tunisia 0

773 36801,502751390131 Turkey 44

212 1150930115131 Turkmenistan 120

20 200402959 Uganda 25

0 40131340 Ukraine 0


5,201 1,317-1221,28261,1961,216 United States 3,927

0 001100 Uruguay 0

1,208 27201740283312 Uzbekistan, 1,045

13 7017472 Venezuela 0

10 350163152355 Vietnam 0

14 205029 Yemen 9

87 7101406976 Zambia 71

111 4032003476 Zimbabwe 82

World

24,852 11,806-56725,2179,61611,7727,497 World 9,784


December 2006

Table 8

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

Date Cotlook Northern Europe (NE)

Lowest U.S. Quote

U.S. - NE Lowest NE Quote Adjusted World Price

Yearly Average1994/1995 91.08 94.02 2.94 81.06 76.121995/1996 85.52 93.02 7.50 81.95 71.141996/1997 78.60 82.71 4.12 74.89 64.121997/1998 72.15 77.23 5.08 66.91 58.241998/1999 58.90 69.42 10.53 57.81 44.641999/2000 52.88 60.98 8.10 49.35 38.912000/2001 57.34 61.91 4.57 54.79 44.002001/2002 41.80 45.06 3.26 41.39 28.492002/2003 55.68 60.07 4.40 53.44 43.092003/2004 69.18 72.76 3.58 69.23 55.062004/2005 53.53 56.70 3.18 50.23 38.912005/2006 57.04 60.12 3.08 56.86 41.742006/2007 59.22 61.34 2.12 58.73 43.22

Monthly AverageJanuary 2005 51.28 55.10 3.82 50.16 36.08February 2005 52.17 54.05 1.89 51.95 36.65March 2005 56.40 60.20 3.81 55.73 41.27April 2005 56.95 61.26 4.31 55.79 42.12May 2005 55.84 59.81 3.97 55.54 42.30June 2005 53.99 59.06 5.07 53.01 40.91July 2005 55.06 62.79 7.73 53.21 42.07August 2005 54.07 56.83 2.76 53.26 38.54September 2005 54.86 59.40 4.53 54.34 38.49October 2005 58.37 62.67 4.30 56.68 42.92November 2005 56.83 60.16 3.33 55.51 41.58December 2005 56.53 60.76 4.24 55.48 41.01January 2006 59.10 62.14 3.04 58.27 43.38February 2006 60.75 62.68 1.93 60.16 45.22March 2006 58.62 61.11 2.49 58.17 43.41April 2006 57.16 60.17 3.01 56.32 41.95May 2006 55.44 57.71 2.28 53.87 40.61June 2006 56.42 58.97 2.55 55.83 43.79July 2006 56.65 59.11 2.45 55.26 43.31August 2006 60.89 64.93 4.04 60.08 44.83September 2006 59.51 62.32 2.81 58.11 43.47October 2006 57.87 58.95 1.09 57.40 41.69November 2006 58.63 59.05 0.43 58.38 42.49

Weekly Average8/3/2006 59.63 63.55 3.92 56.75 44.418/10/2006 61.32 65.90 4.58 60.80 45.358/17/2006 60.70 64.80 4.10 60.00 44.718/24/2006 60.76 64.20 3.44 59.65 44.748/31/2006 60.95 64.42 3.47 59.67 44.939/7/2006 60.25 63.50 3.25 58.70 44.199/14/2006 59.62 62.35 2.73 58.25 43.539/21/2006 59.38 62.15 2.77 58.00 43.299/28/2006 58.94 61.55 2.61 57.55 42.8510/5/2006 58.34 59.75 1.41 57.50 42.2410/12/2006 57.53 58.50 0.97 57.00 41.4310/19/2006 57.40 58.45 1.05 56.90 41.3010/26/2006 57.89 59.00 1.11 57.55 41.7911/2/2006 58.54 59.50 0.96 58.45 42.4411/9/2006 58.97 59.60 0.63 59.05 42.8711/16/2006 58.64 58.80 0.16 58.50 42.5411/23/2006 58.05 58.19 0.14 57.38 42.1111/28/2006 59.02 59.75 0.73 58.17

1. The Cotlook Northern Europe quote 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. Prior to 1 August 2004, was refered to as the "A-Index"

2. Reflects incorporation of forward shipment quotations but does not include the Secretary's discretionary adjustmentsAverages for August 1998 and forward reflect 1998/99 quotations; others are 1997/98 quotationsSOURCE: Cotlook, Ltd. United Kingdom

(1,000 HA and 1000 480-lb. Bales)

Table 09: World Cotton Supply and Distribution

Area Harvested

LossUseExportsTotal Supply


Country Mktg Year

World

World

55,572 57,13323,582102,57424,61222,39031,800 1970/71 14

59,152 58,38124,835105,66624,66921,84533,023 1971/72 1

61,867 59,49927,816111,69327,37722,44933,540 1972/73 -109

62,478 60,26826,220113,70926,74424,48732,845 1973/74 63

63,817 57,04124,295114,79923,82427,15833,507 1974/75 111

53,975 61,60025,967113,61326,28633,35229,870 1975/76 145

56,527 60,23824,603107,35924,93125,90130,533 1976/77 138

63,908 61,02226,441113,40827,12022,38033,576 1977/78 308

59,496 63,22927,253112,26227,12925,63732,814 1978/79 -76

65,446 65,90430,662117,80830,50621,85632,219 1979/80 10

63,381 65,02126,265111,86627,25321,23232,369 1980/81 -33

68,839 63,30925,764115,15025,69820,61332,932 1981/82 239

66,332 66,97025,515118,24126,07125,83831,394 1982/83 302

66,277 68,68025,333118,79027,05925,45430,920 1983/84 496

88,706 70,81627,200140,61627,62924,28133,740 1984/85 474

80,153 75,33028,078151,26028,98142,12631,582 1985/86 252

70,359 82,09533,350151,05233,09347,60029,353 1986/87 179

81,446 84,14630,103147,40330,52935,42830,871 1987/88 534

84,220 85,23833,481150,42233,58232,62033,831 1988/89 642

79,716 86,90531,357143,48032,70331,06131,689 1989/90 234

87,141 85,52429,560142,70330,57824,98433,161 1990/91 170

95,295 86,19228,249151,76629,02227,44934,786 1991/92 368

82,307 86,33225,475146,31727,05336,95732,642 1992/93 63

77,646 85,55026,660140,04427,95134,44730,710 1993/94 143

86,254 84,51328,157144,23230,28727,69132,238 1994/95 -330

93,723 85,79027,361152,61226,99731,89235,968 1995/96 -544

90,032 87,76426,838158,61428,57740,00533,731 1996/97 -585

92,234 87,26726,722162,75925,92844,59733,779 1997/98 -581

85,501 84,76023,524159,33224,48049,35132,870 1998/99 -1,114

87,719 91,05827,195167,85727,97652,16232,265 1999/00 -602

88,849 92,15826,402165,26226,20750,20632,001 2000/01 -1,364

98,745 94,29829,025176,25029,43948,06633,737 2001/02 -781

88,251 98,28030,325172,04930,09053,70830,451 2002/03 -754


December 2006

(1,000 HA and 1000 480-lb. Bales)

Table 09: World Cotton Supply and Distribution (Continued)

Area Harvested

LossUseExportsTotal Supply


Country Mktg Year

95,267 98,03033,221173,52434,05944,19832,236 2003/04 -784

120,394 108,81935,022196,78933,33843,05735,774 2004/05 -1,119

114,142 115,82044,935212,37644,16754,06734,433 2005/06 -2,604

115,856 120,99941,203211,77141,69054,22534,689 2006/07 -1,920


December 2006

(1,000 HA and 1000 480-lb. Bales)

Table 10: United States Cotton Supply and Distribution


Yield Beginning Stocks

Production Imports Total Supply

Exports Use Loss Ending Stocks

Stock to Use %

United States

354,203-2328,2043,89716,0723710,1925,8434924,514 1970/71

283,258-1508,2593,38514,7527210,4774,2034914,643 1971/72

324,221-3057,7695,31116,9963413,7043,2585685,255 1972/73

283,808-1607,4726,12317,2434812,9744,2215834,844 1973/74

585,708-1125,8603,92615,3823411,5403,8084945,086 1974/75

353,681-1407,2503,31114,102928,3025,7085083,560 1975/76

262,928-866,6744,78414,3003810,5813,6815224,417 1976/77

455,34786,4835,48417,322514,3892,9285835,372 1977/78

323,958-2836,3526,18016,207410,8565,3474715,018 1978/79

193,000-1436,5069,22918,592514,6293,9586135,193 1979/80

232,668-3355,8915,92614,1502811,1223,0004535,348 1980/81

566,632-1235,2646,56718,3402615,6462,6686085,601 1981/82

747,937-425,5135,20718,6152011,9636,6326613,939 1982/83

222,7752385,9216,78615,720127,7717,9375692,973 1983/84

354,102-745,5386,21515,7812412,9822,7756734,200 1984/85

1129,348-1546,4131,96017,5673313,4324,1027064,140 1985/86

365,026-807,4526,68419,08239,7319,3486183,427 1986/87

415,771-1827,6176,58219,788214,7605,0267924,059 1987/88

517,0921657,7826,14821,187515,4115,7716944,835 1988/89

183,000-1638,7597,69419,290212,1967,0926883,860 1989/90

142,344-2858,6577,79318,509415,5053,0007114,748 1990/91

233,70489,6136,64619,9711317,6142,3447315,245 1991/92

304,662-19010,2505,20119,923116,2183,7047854,501 1992/93

203,530-810,4186,86220,802616,1344,6626795,173 1993/94

132,650-3811,1989,40223,2122019,6623,5307945,391 1994/95

142,6092710,6477,67520,95840817,9002,6506026,478 1995/96

223,971-811,1266,86521,95440318,9422,6097915,216 1996/97

213,8874111,3497,50022,7771318,7933,9717545,425 1997/98

273,939-39410,4014,29818,24443913,9183,8877014,324 1998/99

233,91514510,1946,75021,0049716,9683,9396805,433 1999/00

386,000-4838,8626,74021,1191617,1883,9157085,282 2000/01

407,4481807,69611,00026,3242120,3036,0007905,596 2001/02

285,3851667,27311,90024,7246717,2097,4487465,025 2002/03

173,4502116,26613,75823,6854518,2555,3858184,858 2003/04

265,4951086,69114,43626,7302923,2513,4509585,284 2004/05

256,050-5625,88818,03629,4122723,8905,4959315,586 2005/06

306,300-235,10016,00027,3773021,2976,0508945,187 2006/07


December 2006

(1,000 HA and 1000 480-lb. Bales)

Table 11: Foreign Cotton Supply and Distribution


Yield Beginning Stocks

Production Imports Total Supply

Exports Use Loss Ending Stocks

Total Foreign

17,64224648,92919,68586,50224,57545,38016,54736227,286 1970/71

19,19115150,12221,45090,91424,59748,67517,64237328,380 1971/72

20,26619651,73022,50594,69727,34348,16319,19137128,285 1972/73

23,35022352,79620,09796,46626,69649,50420,26638528,001 1973/74

27,64422351,18120,36999,41723,79052,27723,35040028,421 1974/75

22,22028554,35022,65699,51126,19445,67327,64437826,310 1975/76

19,45222453,56419,81993,05924,89345,94622,22038326,116 1976/77

20,29030054,53920,95796,08627,11549,51919,45238228,204 1977/78

17,89820756,87721,07396,05527,12548,64020,29038127,796 1978/79

18,23215359,39821,43399,21630,50150,81717,89840927,026 1979/80

17,94530259,13020,33997,71627,22552,25918,23242127,021 1980/81

19,20636258,04519,19796,81025,67253,19317,94542427,331 1981/82

17,51734461,45720,30899,62626,05154,36919,20643127,455 1982/83

21,50625862,75918,547103,07027,04758,50617,51745627,947 1983/84

38,02454865,27820,985124,83527,60575,72421,50655829,540 1984/85

38,25240668,91726,118133,69328,94866,72138,02452927,442 1985/86

30,40225974,64326,666131,97033,09060,62838,25250925,926 1986/87

26,84971676,52923,521127,61530,52766,68630,40254226,812 1987/88

23,96947777,45627,333129,23533,57768,80926,84951728,996 1988/89

21,98439778,14623,663124,19032,70167,52023,96952827,829 1989/90

25,10545576,86721,767124,19430,57471,63621,98454928,413 1990/91

33,25336076,57921,603131,79529,00977,68125,10557329,541 1991/92

29,78525376,08220,274126,39427,05266,08933,25351128,141 1992/93

24,16115175,13219,798119,24227,94561,51229,78552425,537 1993/94

29,242-29273,31518,755121,02030,26766,59224,16154026,847 1994/95

37,396-57175,14319,686131,65426,58975,82329,24256029,490 1995/96

40,626-57776,63819,973136,66028,17471,09037,39654328,515 1996/97

45,464-62275,91819,222139,98225,91573,44140,62656428,354 1997/98

48,223-72074,35919,226141,08824,04171,58345,46454628,546 1998/99

46,291-74780,86420,445146,85327,87970,75148,22357426,832 1999/00

42,066-88183,29619,662144,14326,19171,66146,29158426,719 2000/01

46,260-96186,60218,025149,92629,41878,44242,06660728,141 2001/02

38,813-92091,00718,425147,32530,02371,04246,26060825,426 2002/03

39,607-99591,76419,463149,83934,01477,01238,81361227,378 2003/04

48,572-1,227102,12820,586170,05933,30997,14339,60769430,490 2004/05

48,175-2,042109,93226,899182,96444,14090,25248,57268128,847 2005/06

45,189-1,897115,89925,203184,39441,66094,55948,17569829,502 2006/07


December 2006

Documents

United States Agriculture Cotton: World Markets and Trade · 2006. 12. 1. · United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural