Turkey: Cotton and Products Update
Link to report:
The Turkish cotton crop for MY 2021/22 is forecast at 450,000 hectares and 750,000 metric tons (MT) (3.45 million bales). Good yields, attractive cotton prices, favorable weather conditions, mandatory rotation already undertaken during the previous year, and increased subsidies from the Government of Turkey (GoT) are the major reasons for the expected increase in planted area. Domestic cotton consumption for MY 2020/21 is estimated to increase from the previous year to about 1.65 million MT (8.38 million bales). Cotton imports for MY 2020/21 also went up to 1,059,332 MT (4.86 million bales) during the first eleven months of the marketing year due to low domestic supplies and increased demand. The United States continues to be the largest cotton supplier to Turkey.