Overview of the Market for Cotton Lint And Cotton Seed in Indonesia
In value terms, cotton lint and cotton seed production contracted to $ in 2018 estimated in export prices. Over the period under review, production faced a deep setback. The pace of growth was the most pronounced in 2011 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2012 to 2018, and cotton seed production growth failed to regain the momentum.
In 2018, the average cotton lint and cotton seed yield in Indonesia was estimated at kg per ha, therefore, remained relatively stable against the previous year. Over the period under review, the yield showed 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 Indonesia was estimated at ha in 2018, remaining stable against the previous year. In general, the harvested area recorded a relatively flat trend pattern.
The revenue of the market for cotton lint in Indonesia expanded rapidly to $ in 2018, with an increase of % 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). The market value increased at an average annual rate of +% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the market value increased by % year-to-year. Cotton lint and cotton seed consumption peaked at $ in 2011; however, from 2012 to 2018, consumption remained at a lower figure.