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Report on global cotton trends from fibre2fashion
Fibre2fashion – one of the largest worldwide B2B textile, apparel and fashion portals, which has an overwhelming 1.5 million global visitors visiting the portal every month, has recently released an exclusive report on the global cotton industry.
The report titled - “Global Cotton Supply & End Use Demand” provides crucial information on the global cotton market scenario, production and consumption pattern, comparative demand and supply ratio and end user trends.
This information includes data beginning from 1991 to 2010 on total global supply-demand, exports-imports, mill cotton consumption in an easy to understand graphic presentation.
Alongside, it also carries a comparative price analysis on the cotton fibre. In addition the report provides significant trends on cotton prospects in the world’s main cotton producing or consuming regions like Asia, European Union, North and South America, the Caribbean basin and Oceania.
This report will prove to be helpful to all those involved across the entire textile cotton-value chain and help them take informed decisions.
The global Production of cotton will substantially support the global Mill Use consumption from 2012 through 2020. The share of Production in the Mill Use will hover around 97.50 percent and 98.37 percent during the projection period. The demand to supply share will increase from 75.16 percent in 2012 to 86.75 percent in 2020. The share of Mill Use in the Total Supply will increase from 57.37 percent in 2012 to 66.29 percent in 2020.
Similarly, the exports share is likely to surge as the demand for cotton products imminently increase globally in the coming years. Expectations are rife for a structural change in the consumption pattern of the people of the world. This will give rise to exports as well and the export share, therefore, likely increase to 20.46 percent in 2020 against a present level of 17.79 percent.
Both the global production and supply of cotton projected to show significant upward movement. While the production of cotton is expected to touch 134.11 million bales in 2020 the supply will increase by around 2 million bales in the same period showing a parallel movement of these two important parameters. With the demand uptrend, the estimated global demand for cotton in mill sector in 2020 likely to touch 137.56 million bales in the terminal year of second decade of the 21st century.
For more details please visit : http://www.fibre2fashion.com/