Views:0 Author:Site Editor Publish Time: 2019-10-30 Origin:Site
In terms of volume, the global cotton yarn export was 3,481.72 thousand tonnes in 2016 and dropped by 4.22 per cent to 3,628.78 thousand tonnes in 2018. The overall cotton yarn export rose by 4.00 per cent in 2018 over the cotton yarn export in 2017. It is expected to reach 3,861.10 thousand tonnes in 2021 with a CAGR of 2.09 per cent from 2018.
In 2018, India (1,250.10 thousand tonnes), Pakistan (472.73 thousand tonnes), China (417.12 thousand tonnes), US (416.44 thousand tonnes) and Indonesia (216.80 thousand tonnes) were the key exporters of cotton yarn across the globe, together comprising 76.42 per cent of total exports. These countries were followed by Turkey (188.75 thousand tonnes), Hong Kong (139.59 thousand tonnes), Taiwan (130.98 thousand tonnes), Malaysia (63.18 thousand tonnes) and Spain (45.42 thousand tonnes).
From 2013 to 2018, the most notable rate of growth in terms of export, amongst the main exporting countries, was attained by Indonesia (13.94 per cent).
In value terms, India ($3,932.14 million), China ($1,838.58 million), Pakistan ($1,256.60 million), US ($1,232.82 million), Indonesia ($606.17 million), Turkey ($590.87 million) and Hong Kong ($617.95 million) were the key exporters of cotton yarn across the globe in 2018, together comprising 83.23 per cent of total export. These were followed by Italy ($312.16 million), Taiwan ($298.68 million), Malaysia ($161.32 million) and Thailand ($127.26 million).
From 2013 to 2018, the most notable rate of growth in terms of export, amongst the main exporting countries, was attained by Turkey (26.83 per cent) and Indonesia (23.05 per cent).