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TURKEY: COTTON AND PRODUCTS UPDATE

The Turkish cotton crop for Marketing Year (MY) 2021/22 is forecast at 450,000 hectares and 825,000
metric tons (MT; 3.79 million bales). Cotton consumption is expected to be 1,850,000 MT (8.50 million
bales) for the same MY. Better than expected yields in the GAP region, and a smaller area affected by
drought in the Aegean Region caused the increase of the cotton production estimate for MY 2021/22
compared to Post’s previous report. High-capacity utilization rates in the industry due to increased
normalization in target markets for textiles and ready-to-wear apparel caused the cotton consumption
forecast to increase for MY 2021/22. The United States continues to be the largest cotton supplier to
Turkey.

Production…

Post forecasts the cotton planted area in Turkey for Marketing Year (MY) 2021/22 to be 450,000 hectares (ha) as mentioned in the August update . The cotton production amount is now projected as 825,000 metric tons (MT; 3.79 million bales) for MY 2021/22, higher than the earlier forecast of 750,000 MT.

Consumption…

Post projects the cotton consumption in Turkey will be 1,850,000 MT (8.50 million bales) for MY
2021/22 with a slight increase compared to the earlier forecast of 1,825,000 MT (8.38 million bales).

Trade…

The Republic of Turkey imported 1,159,920 MT (5.33 million bales) of cotton for MY 2020/21, which
is 14 percent higher than the previous MY. The United States provided 25 percent (288,327 MT) of the total cotton imports to Turkey. Brazil has been catching up to U.S. market share, providing 24 percent
(282,836 MT) of the cotton imported to Turkey. Other major suppliers were Greece (15 percent),
Azerbaijan (11 percent), and Tajikistan (5 percent) for MY 2020/21.

As also mentioned in the earlier update, the industrial production for the textile and garment industry in Turkey has been strong for the MY and there were record high exports. The demand for textiles in target markets such as Turkey,
Europe, and the U.S. has been increasing. This is mainly due to easing of COVID-19 protection
measures, spurring consumer spending, in addition to increased demand for comfortable cotton-made
lounge wear and home furnishing sales, as people spent more time at home during governmentmandated lockdowns. Turkey’s cotton imports also started strong in the first two months of MY
2021/22 as the industry capacity utilization is robust; cotton imports for the first two months of MY
2021/22 are 6.35 percent higher than the imports of the first two months of the previous MY.

About İsmail Uğural

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