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TURKEY: COTTON AND PRODUCTS UPDATE

The Turkish cotton crop for marketing year (MY) 2020/21 is now estimated at 350,000 hectares and 615,000 metric tonnes (MT) (2.825 million bales).

Low yields, unattractive cotton prices, inflated costs, uncertainty created by COVID-19 and better returns from alternative crops in addition to not enough subsidies from Goverment of Turkey (GoT) and the fourthyear rotation rule are the major reasons for the expected decrease in planting areas.

Domestic cotton consumption for MY 2019/20 is estimated to be about 1.4 million metric tons (6.4 million bales).

Cotton imports for MY 2019/20 also went up to 919,779 MT (4.22 million bales), during the first eleven months of the marketing year, due to lower local supplies and favorable global prices.

The U.S. continues to be the major cotton supplier for Turkey.

Turkey has a large textile industry driving the demand for cotton and due to low domestic cotton production and the slow pace of the GAP development project, the country will continue to import cotton for years to come.

Source: Global Agricultural Information Network (GAIN), United States Department of Agriculture (USDA), Foreign Agricultural Service (FAS)

About İsmail Uğural

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