The target should have been reached only in 2030, but it was achieved even before the end of the 2023/2024 harvest.
Brazil has become, for the first time, the world’s largest exporter of cottonovercoming the WE. The target, which should have been reached only in 2030, was reached even before the end of the 2023/2024 harvest (July 2023 to June 2024). The information comes from Brazilian Cotton Producers Association (Abrapa).
According to the association, however, the position will not necessarily remain in the next 2024/25 cycle, but also in the future Brazil and the United States should continue to be paired or alternated at the top of the ranking.
According to Abrapa data, Brazil is expected to harvest around 3.7 million tonnes of processed cotton (plume) in the 2023/24 harvest, and exports will reach around 2.6 million tonnes. The country is starting to pick up pace in harvest, but around 60% of production has already been sold.
In a statement, Abrapa Chairman Alexandre Schenkel said that “leading the global supply of down is a historic milestone, but it is not a goal in itself, and it was not expected so soon. Before that, we have worked continuously to improve our processes, increasing our quality, traceability and sustainability every day and, consequently, efficiency.”
Schenkel also points out that just over twenty years ago Brazil was the second largest importer in the world.
The increase in cotton production in Brazil is also putting the national textile industry in difficulty, whose consumption, in recent years, has been stationary at around 700 thousand-750 thousand tons of down. According to the president of the superintendent director Brazilian Association of Textile and Clothing Industry (Abit)Fernando Pimentel, the entity and Abrapa discuss ways to increase the production of yarns and fabrics in the country, up to 1 million tons per year.
Pimentel said that “it is necessary to achieve it. And one of the first conditions is to stimulate consumption at the point of sale. Our industry has suffered recurring attacks from imports from countries that do not always compete fairly with us. These are the origins that have lower costs, less competitive taxes and interest rates. It is not a simple agenda, but I believe that we can work by focusing on sustainability, respect for the environment, clean energy and certification.”
Source: Terra
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