Organic cotton weathered the global economic storm during the 2008/09 farming season, albeit with challenges, according to a new report by Organic Exchange (OE) documenting growth and challenges in the global organic fiber sector. Production grew an impressive 20 percent over 2007/08 to 175,113 metric tons (802,599 bales) grown on 625,000 acres (253,000 hectares). Organic cotton now represents 0.76 percent of global cotton production.
According to the fourth annual Organic Exchange Farm and Fiber Report 2009, organic cotton was grown in 22 countries worldwide with the Top Ten producer countries being led by India, and including (in order of rank) Turkey, Syria, Tanzania, China, United States, Uganda, Peru, Egypt and Burkina Faso. Approximately 220,000 farmers grew the fiber.
However, despite major market players sticking to their commitments to use organic cotton in their apparel and home textile products, there simply wasn’t the market for products (organic or conventional) in general, given the global economic downturn. In addition, a number of farmers had planted vast acreage of organic cotton on speculation and in response to what had appeared to be a healthy, burgeoning marketplace. As a result, unsold stocks which represent between 17 and 22 percent of production (some 30,000 to 35,000 tons (137,789 to 160,754 bales) of organic cotton has yet to find buyers
According to the Organic Exchange Organic Cotton Market Report 2009, global retail sales of organic cotton and home textile products topped 3.2 billion U.S. dollars in 2008. Data from the 2009 market will be available soon.
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