Overview of the Market for Cotton Lint And Cotton Seed in China
In value terms, cotton lint and cotton seed production expanded rapidly to $ in 2018 estimated in export prices. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of % year-to-year. As a result, production attained the peak level of $. From 2009 to 2018, and cotton seed production growth remained at a lower figure.
The average yield of cotton lint in China was estimated at kg per ha in 2018, approximately mirroring the previous year. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The cotton lint and cotton seed harvested area in China was estimated at ha in 2018, approximately mirroring the year before. In general, the harvested area saw a relatively flat trend pattern.
The value of the market for cotton lint in China rose sharply to $ in 2018, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the market value increased by % year-to-year. As a result, consumption attained the peak level of $. From 2013 to 2018, the growth of the market remained at a somewhat lower figure.