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Global cotton mill use sees second year of decline

  • by ERS
  • 4/27/2012
  • Cotton and Wool
  • Commodity Outlook
A chart showing U.S. and foreign cotton mill use.

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With recent high cotton prices that encouraged fiber substitution and the global economic uncertainty facing consumers, world mill use is projected to decrease to its lowest level since 2003/04. World cotton consumption in 2011/12 is forecast at 107.7 million bales, 6 percent below last season. Consumption is lower in most major cotton consuming countries this season with the notable exception of Pakistan, where cotton mill use is expected to rise 3 percent. Foreign consumption is projected to decline 6.3 million bales in 2011/12, with China accounting for more than half of the decrease. Despite the reduction, China still accounts for nearly 40 percent of the global cotton mill use in 2011/12. The U.S. is expected to contribute 3 percent of the total in 2011/12, compared with 6 percent as recently as 2004/05. The U.S. is expected to contribute 3 percent of the total in 2011/12, compared with 6 percent as recently as 2004/05. This chart is found in the April 2012 Cotton and Wool Outlook, CWS-12b.

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