International cotton advisory committee (ICAC) released in June, the global countless predicted that as the textile industry has been expanding its production in southeast Asia and growing demand for cotton, 2015/2016, Bangladesh, Vietnam and Indonesia will be in addition to the China’s three largest importer of cotton.
Forecasts pointed out that, in 2015/2016, cotton imports in Bangladesh is expected to close to 1 million tons, Vietnam imports estimated at 927000 tons, up 6% from a year earlier, Indonesia imports estimated at 800000 tonnes, up 4% from a year earlier. According to the current development speed, the three countries of imports will reach megaton, and has smaller gap between China’s 1.6 million tons of imports, accounting for the proportion of global cotton trade will continue to expand.
Analysis, cotton consumption growth for the world cotton market of southeast Asian nations has important influence on: injected fresh energy to the global cotton consumption on the one hand, on the other hand also make cotton exports in the United States and India.