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2021 China's cotton industry production and sales status and import and export situation analysis of cotton production

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2021 China's cotton industry production and sales status and import and export situation analysis of cotton production

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  Cotton occupies an important position in China's national economy, is an important strategic material related to China's national livelihood and the cotton textile industry's industrial raw materials. In recent years, China's cotton planting area has declined, but thanks to the improvement of cotton mechanization cotton harvesting progress has accelerated, so China's overall cotton production remains stable.
  To ensure the stability of the domestic cotton supply chain, China is actively expanding import channels, strengthening cooperation with Brazil, India and other important cotton-producing countries, with significant results. Xinjiang is China's largest cotton producer, cotton mechanization to enhance the effect of significant, the future as cotton mechanization work continues to promote, cotton production in Xinjiang will continue to grow.


  Cotton sown area fell to the lowest in the past seven years
  Cotton occupies an important position in China's national economy, is an important strategic material related to China's national livelihood and the cotton textile industry's industrial raw materials. In recent years, due to economic restructuring and other factors, China's cotton planting area showed a fluctuating downward trend. 2014 cotton planting area for the highest value in recent years, amounting to 4.18 million hectares; 2020, China's cotton planting area fell to 3.17 million hectares, the lowest value in the past seven years.


  Cotton production increased slightly
  In recent years, China's cotton planting area has declined, but thanks to the improvement of cotton mechanization cotton harvesting progress has accelerated, according to the Ministry of Agriculture and Rural Affairs data, 2017-2019 China's cotton mechanization level from 70.74% to 81.18%. Therefore, the overall cotton production in China remains stable. According to the National Bureau of Statistics, China's total cotton production reached 5.91 million tons in 2020, an increase of 0.4% compared with 2019.


  Significant growth in cotton imports
  China is the world's largest cotton producer and the largest cotton consumer. In recent years, China's cotton consumption has stabilized at 7.5 million tons to 8.5 million tons per year, accounting for one-third of the total global cotton consumption. To ensure the stability of the domestic cotton supply chain, China has actively expanded its import channels and strengthened cooperation with Brazil, India and other important cotton-producing countries, with remarkable results.
  From 2016-2019, China's cotton imports increased from 900,000 tons to 2.16 million tons. from January to February 2021, China's cotton imports grew at a year-on-year rate of 68%.


  Xinjiang cotton production will continue to grow
  Xinjiang is the main source of cotton in China. Data from the National Bureau of Statistics and the Xinjiang Uygur Autonomous Region Bureau of Statistics show that in 1949, Xinjiang's cotton production accounted for only 1% of the country's cotton production, rising to 60% in 2014. By 2020, Xinjiang's cotton production reaches 5.161 million tons, up 3% from 2019, accounting for up to 87% of the national cotton production.
  With the promotion of mechanized cotton picking in China, the mechanical picking rate of cotton in Xinjiang rises year by year, from 27% in 2017 to 75% in 2020. According to the Xinjiang Uygur Autonomous Region Agricultural and Rural Mechanization Development Center 2021 work points mentioned in 2021 to speed up the level of cotton production mechanization, guide the transformation of cotton production to full mechanization, the new machine picking cotton area of more than 1.6 million acres in Xinjiang, the full mechanization rate of cotton production reached 88%, cotton machine picking rate increased by 4 percentage points. In the future, as the degree of mechanization of cotton in Xinjiang continues to improve, Xinjiang cotton production will continue to grow.
  For more data, please refer to the Foresight Industry Research Institute "China cotton textile industry production and sales demand forecast and transformation and upgrading strategy analysis report", while the Foresight Industry Research Institute provides industrial data, industrial planning, industrial declaration, industrial park planning, industrial investment, IPO fund-raising research and other solutions.