Turkey: Cotton and Products Update
Link to report:
Turkey’s cotton production is now estimated at 625,000 MT (2.87 million bales) on 350,000 hectares in marketing year (MY) 2020/21. The yield in the South Eastern (GAP) region has been a bit better than expected due to favorable weather conditions. Low yields in the last few MYs, unattractive cotton prices, inflated costs, uncertainty created by COVID-19, and better returns from alternative crops, in addition to low subsidies from the government and the third-year rotation rule are the major reasons for the decrease in planting areas. Cotton consumption in Turkey has been estimated at 1.45 million MT (6.66 million bales) for MY 2019/20 and imports for the same period reached one million MT (4.67 million bales), a record high amount in recent years.
