Apparel / Textiles & Accessories

Originally, due to the widespread rainfall in March, Australia's cotton industry was expected to usher in a recovery. But the local cotton farmers are not happy: Due to the continued tension between China and Australia, the largest market, China, has been lost. Where else can the harvested cotton be sold?

According to a report by the Australian Broadcasting Corporation (ABC) on the 27th, in the past 12 months, the drought conditions in many growing areas in Australia have eased. Especially in recent months, the rainfall has been extremely abundant, and there have been floods in some places. The Australian cotton industry has gradually recovered from this, with output more than four times that of the previous season, with an output value of 1.5 billion Australian dollars. The chief executive officer of the Australian Cotton Association, Adam Kay, predicts that production in the next season is expected to continue to grow.

However, the local cotton farmers are not very optimistic about the good news that the Australian cotton industry will usher in a recovery. Because they are "still dealing with the problems caused by the loss of China, their largest market."

According to reports, China is the largest buyer of Australian cotton. The annual export value of Australian cotton in the Chinese market was once as high as 800 million Australian dollars. Today, China-Australia relations continue to be tight, and cotton farmers have to worry. Without the Chinese market, planting and production are recovering again. Where can the cotton be sold in the end?

Previous analysis by Australian media pointed out that for many years, Australian farmers' expectations for the future have been pinned on the growing Chinese market. But the reality is that Australian exporters have been hit hard by the impact of China-Australia relations.

The media also pointed out that the Australian lobster industry is still working hard to fill the gap created after losing the Chinese market, and industries such as barley and wine are still facing an uncertain future. Like these industries, cotton growers are struggling to find new markets.