Turkiye: Cotton and Products Annual
Turkiye: Cotton and Products Annual

Turkiye: Cotton and Products Annual

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Report Highlights: 

Türkiye’s cotton production in marketing year (MY) 2024/25 is forecast to increase to 820,000 metric tons (MT; 3.8 million bales), based on the assumption that cotton prices which increased at the beginning of 2024 will remain stagnant and orders to Turkish ready-to-wear apparel producers will at least continue at mediocre levels. 

Cotton farmers were unable to make adequate profits in MY 2022/23 and the first half of MY 2023/24 to cover rising input costs. 

In MY 2024/25, Turkish cotton consumption is expected to increase to 1.6 million MT (7.5 million bales) due to lower demand from end consumers of ready-to-wear-garments in western markets and a decrease in garment orders due to high costs of production in the country. 

Cotton imports in MY2024/25 are forecast to be 820,000 MT (3.8 million bales) for the same period, with the United States maintaining its market share as the leading supplier and strong competition from Brazil.

Read the full report  

Πηγή: USDA-FAS

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