Market Intelligence Report For Cotton Bags Manufacturers & Suppliers

cotton bags manufacturers

We found the following market intelligence report in Fibre2fashion website extremely informative for cotton bags manufacturers, canvas bag manufacturers, as well as, suppliers & exporters of goods made from cotton.

The global production of cotton is expected to substantially support the global consumption from the period 2012 to 2020. The share of Production in the Mill Usage is expected to hover between 97.82 percent and 98.12 percent during the period mentioned above. The inference resulting out of this is that the global consumption of cotton will be more in the periods from 2013 through 2020. No matter what the demand for cotton will be the supply will be comfortably met it. The demand to supply share will improve from 75.16 percent in the year 2012 to 86.75 percent in the year 2020.

Steep increase in Global Mill Use, as well as, moderate hike in Exports has been foreseen from 2012 to 2020. The share of Mill Use in the Total Supply will decrease from 68.38 percent in 2012 to 64.91 percent in 2020 and the share of Exports in the Total Supply will decrease from 16.86 percent in 2012 to 16.47 percent in 2020.

The estimated global production of cotton in 2020 will reach to a level of 133.93 million bales from the current level of 116.90 million bales. The total global supply will increase by around 45 million bales in 2020 from the current level of 223.79 million bales.

The estimated global demand for cotton in mill sector in 2020 will reach to a level of 131.01 million bales from the current level of 106.48 million bales. The total global exports will reach to the level of 44.71 million bales from the current level of 37.73 million bales.

The total cotton supply in the world has increased at an annual average growth rate of 2.38 percent during the period 1992 – 2012. This was attributed by the annual average growth rate of 2.09 percent in the crop production and 2.27 percent in imports during the same period. The increase in the total Mill Use between the decades is 23.12 million bales showing a decadal growth of 26.27 percent.

The AAGR for the Mill Use has been around 1 percent during the period 1992-2001. It was 0.59 percent during 2002-2012 and for the total period it is around 1.86 percent. The increase in the total Exports between the decades is 10.10 million bales showing a decadal growth of 37.77 percent. The AAGR for the Exports has been 0.28 percent during 1992-2001, 1.58 percent during 2002-2012 and for the overall period it is 2.53 percent. The increase in the average Ending Stocks between the decades is 15.32 million bales showing a decadal growth of 35.11 percent. The AAGR for the Ending Stocks has been 7.17 percent during the time period 1992-2001. It was about 2.56 percent during 2002-2012 and for the entire period it is about 3.38 percent.

India is the largest producer of Cotton in the world. It contributes around 27 % of the global cotton production according to the estimates of 2015-16. Top cotton producing states like Gujarat, Maharashtra, and Andhra Pradesh contribute about 70% of total cotton production in India.

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