The slowdown in economic activity, in domestic and export markets, lowered the Spanish textile industry consumption of cotton lint. This encouraged larger exports of cotton lint in MY2018/19 and MY2019/20. The lack of alternative crops available to grow in salty soils conditions keeps Spanish cotton area inelastic. Hence, in MY2020/21, despite weak overall demand, farmers are expected to plant a similar cotton acreage.
Spain: Cotton and Products Annual
Πηγή: USDA-FAS