Australia’s cotton production is expected to rise in 2021 as country’s normal weather continue to replenish reservoirs essential for irrigation. Also, Australia’s area under harvest has increased 78.57 per cent in 2020-21 to 0.28 million hectares from 0.06 million hectares in 2020, reaching to the production level prior to the spread COVID-19 pandemic.
Australia’s monthly average cotton production is expected to grow 312.70 per cent in 2020-21 to 0.22 million 480 lb bales (2019-20: 0.05 million 480 lb bales). This rise would also be 18.18 per cent higher as compared to season 2018-19, according to Fibre2Fashion’s market analysis tool TexPro. Australia’s cotton exports for 2020 were $313.45 million with monthly average of $26.12 million (2019-20: average $47.16 million). If the rising trend continues with the reduction of COVID-19 impacts, the exports are expected to jump to a monthly average of $147.46 million in 2020-21.