Browse Data and Analysis

Post forecasts MY2022/23 cotton imports to increase 4 percent but remain well below the 5-year average annual import demand from MY2017/18 – MY2021/22 in anticipation of slow economic recovery in 2023.

Post forecasts consumption of cotton in the Malaysian textile industry at 290,000 bales in marketing year (MY) 2022/23, a 3.3 percent drop from the previous year post’s estimate. The expected reduction is based on textile companies shifting their operation to other South-East Asian countries as the cost of labor increased in Malaysia with the revision of new minimum wages on April 1, 2022.

Post forecasts consumption of cotton in the Malaysian textile industry at 290,000 bales in marketing year (MY) 2022/23, a 3.3 percent drop from the previous year post’s estimate.

FAS Bangkok (Post) forecasts marketing year (MY) 2022/23 cotton imports slightly larger than MY2021/22 in line with the global economic recovery and anticipated rising demand from key foreign trade partners. There has been a significant increase of imported cotton in MY2021/22 due to foreign customers’ pent-up demand for both textile and garment products from the previous years.

MY2021/22 cotton import demand is expected to increase 9 percent, well below average annual import demand prior to the COVID-19 pandemic due to slow economic recovery. MY2020/21 cotton imports further declined 15 percent from MY2019/20. Imports of U...

Post forecasts domestic consumption of cotton by the Malaysian textile industry at 350,000 bales in marketing year (MY) 2021/22 on presumed economic growth in Malaysia and strong consumer demand for textiles in the United States and the European Union.

The 2020 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. This summary lists only the United States’ primary trading partners.

On January 25, 2021, the Ministry of Public Health (MOPH) published a ministerial regulation allowing for the commercial production and use of hemp.

MY2021/22 cotton imports are unlikely to recover due to slow economic growth. MY2020/21 cotton imports reduce sharply, and imports of U.S. cotton are also forecast to decline significantly.

MY2021/22 cotton imports are unlikely to recover due to slow economic growth. MY2020/21 cotton imports reduce sharply, and imports of U.S. cotton are also forecast to decline significantly.

MY2020/21 cotton imports are expected to rise slightly after a large drop in MY2019/20.

MY2020/21 cotton imports are expected to grow at a slow pace in anticipation of weak or no economic recovery. MY2019/20 cotton imports reduce sharply due to an economic downturn caused by the COVID-19