Egypt: Cotton and Products Annual
In MY2017/18, cotton area is forecast to double to 110,000 ha and production is set to almost double and reach 340,000 bales. Post estimates cotton harvested area and production in MY2016/17 at 55,000 ha and 175,000 bales, respectively. FAS/Cairo attributes the increase in area and production to record cotton prices in MY2016/17, encouraging farmers to double the area planted with cotton. High prices were a result of several factors including a devalued Egyptian pound, tighter supplies, and increased global demand after fraudulent claims of 100 percent Egyptian cotton by a key Indian manufacturer came to light. Imports are forecast to drop by 20 percent to a record low of 420,000 bales, while exports are forecast to increase by 66 percent to reach 200,000 bales.
Egypt: Cotton and Products Annual