Cote d'Ivoire: Cotton and Products Annual
Post forecasts market year (MY) 2019/20 cotton fiber production at a record 925,000 bales (480 lb.). The MY 2018/19 production estimate is raised to 875,000 bales, nearing the previous record of 900,000 bales achieved in 2014/15. Post’s MY 2019/20 export projection also represents a record at 875,000 bales, owing to record supply and exports from the MY 2018/19 crop carrying into the next campaign. The Government of Côte d’Ivoire (GOCI) set ambitious production targets that would translate to over 1 million bales of fiber production by MY 2020/21. Despite intentions to increase local value addition, annual consumption remains low at 60,000 bales.