Post on 23-Dec-2015
transcript
World Cotton
0
4
8
12
16
20
24
28
Production Exports Mill Use
Rest of WorldAfrica
Million Tons
African Cotton Production
Avg. Increase = 28,000 Tons
0.5
1.0
1.5
2.0
2.5
80/81 88/89 96/97 04/05
Million Tons
Cotton Yields
World: Avg. Increase 8 Kgs.
Africa: Avg. Increase 1 Kgs.
200
400
600
800
80/81 88/89 96/97 04/05
Kilograms/Ha
African Cotton Area
2
3
4
5
6
80/81 88/89 96/97 04/05
Million Hectares
African Cotton Exports
0.0
0.5
1.0
1.5
2.0
80/81 88/89 96/97 04/05
Million Tons
Cotlook A IndexSeason-average (US cents/lb)
25
50
75
100
73/74 81/82 89/90 97/98 05/06
56
Cotton Prices
45
55
65
75
03/04 04/05 05/06 06/07Aug-Oct
A IndexBurkina Faso
US Cents/Lb. Asian Ports
World Production
Avg. Increase = 310,00 Tons
10
15
20
25
30
80/81 88/89 96/97 04/05
Million Tons
2626
World Area &Previous-Year Prices
24
28
32
36
40
80/81 88/89 96/97 04/05
Million Hectares
94¢88¢ 83¢ 68¢
DIRECT GOVERNMENT ASSISTANCE TO COTTON
0
2
4
6
97/98 99/00 01/02 03/04 05/06
Billion $
World Yield
Avg. Increase 8 Kgs.
200
400
600
800
50/51 70/71 90/91
Kilograms/Ha
Biotech Cotton
2 47
1216 17
21 2224
28 30
40
0
10
20
30
40
50
96/97 99/00 02/03 05/06
% of World Cotton Area
40
09/10
WORLD COTTON MILL USE
Avg. Increase = 330,000 Tons
12
15
18
21
24
27
80/81 85/86 90/91 95/96 00/01 05/06
Million Tons
0
2
4
6
8
10
12
91/92 98/99 05/06
COTTON MILL USEMillion Tons
China (Mainland)
India
Pakistan
1
3
5
7
91/92 98/99 05/06
COTTON MILL USE
Million Tons
Industrial countries
“Other” developing countries*
200
400
600
800
1000
80/81 85/86 90/91 95/96 00/01 05/06
AFRICAN COTTON MILL USEMillion Tons
World Imports
0
2
4
6
8
10
12
90/91 93/94 96/97 99/00 02/03 05/06
China (M) Rest of the World
Million Tons
World Exports
0
2
4
6
8
10
12
90/91 94/95 98/99 02/03 06/07
USA Rest of the World
Million Tons
Implications for Africa
Agronomic Potential
Low Prices to Continue
Subsidies Distort
Assistance Welcome
Macroeconomic Factors