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Turkiye: Cotton and Products Annual
- 英文名称：
- Turkiye: Cotton and Products Annual
- 年份：
- 2024
- 出版地：
- Washington, DC, USA
- 语种：
- English
- 摘要：
- Türkiye’s cotton production in marketing year (MY) 2024/25 is forecast to increase to 820,000 metric tons (MT; 3.8 million bales), based on the assumption that cotton prices which increased at the beginning of 2024 will remain stagnant and orders to Turkish ready-to-wear apparel producers will at least continue at mediocre levels. Cotton farmers were unable to make adequate profits in MY 2022/23 and the first half of MY 2023/24 to cover rising input costs. In MY 2024/25, Turkish cotton consumption is expected to increase to 1.6 million MT (7.5 million bales) due to lower demand from end consumers of ready-to-wear-garments in western markets and a decrease in garment orders due to high costs of production in the country. Cotton imports in MY2024/25 are forecast to be 820,000 MT (3.8 million bales) for the same period, with the United States maintaining its market share as the leading supplier and strong competition from Brazil.
