- Post forecasts total lint cotton production to increase by 23% to 395,000 bales in MY2016/17.
- The expected increase in production is a result of an anticipated increase in total planted area of 20% to 120,000 ha from MY2015/16 and an increase in yields from 3.2 bales/ha to 3.3 bales/ha.
- Consumption is forecast to drop by 6% or 40,000 bales to 590,000 bales in MY2016/17. In turn, total lint cotton imports are forecast to drop by 11% or 50,000 bales to 400,000 bales in MY2016/17 compared to 450,000 bales in the current marketing year.
- Exports are to increase by 33% at 200,000 bales. At least 25% of Egypt’s total lint cotton imports are sourced from U.S. suppliers, and since 2007, most U.S. cotton exports to Egypt have been of the Pima cotton variety.