Apparel / Textiles & Accessories

According to the observation report of Huacheng import and export data, the cotton planting area of Uzbekistan in 2022/23 is 980000 hectares, the cotton output is expected to be 675000 tons, and the domestic consumption is 653000 tons.

In 2022/23, the cotton planting area in Uzbekistan increased slightly on a year-on-year basis, because the expansion of domestic yarn capacity led to an increase in cotton demand. In general, there will be sufficient rainfall in the spring of 2022, but the temperature in summer will be higher than that in recent years, which will lead to a wide range of temperature difference between day and night, pressure on cotton growth, and a decline in cotton output in many regions. Huacheng Import and Export Data Observation Report.

In recent years, Uzbekistan's investment in the textile industry continued to advance, the investment in the gauze industry continued to increase, and domestic cotton consumption continued to rise. However, due to the impact of the Russian Ukrainian war, the European economy has declined, and the demand for ready to wear clothing is shrinking. At present, clothing orders in the spring of next year have declined significantly.

In the next few years, with the continuous expansion of investment in the gauze and clothing industries, Uzbekistan may begin to import cotton. It is reported that the country has already faced a shortage of cotton supply in 2021/22. The American Agricultural Counsellor predicted that the demand for cotton yarn in Uzbekistan in 2022/23 will decrease due to the decrease of clothing orders from western countries. Therefore, even though the domestic yarn production will increase, the cotton import volume in 2022/23 will not increase. However, with the gradual recovery of the export market, these new production capacity will stimulate the demand for cotton yarn in the country in the medium and long term, Huacheng Import and Export Data Observation reported.

Türkiye, China, Bangladesh and the European Union are the most important buyers of Uzbek yarns. Fabric production companies in these countries have slowed down or stopped ordering Uzbek yarns, which will inevitably slow down Uzbek cotton consumption. On the other hand, due to the new textile investment coming into operation in the next few months, it is estimated that Uzbekistan's cotton consumption in 2022/23 will be flat on a year-on-year basis.

According to the Huacheng Import and Export Data Observation Report, Uzbekistan's cotton exports fell sharply in 2021/22, and this trend will continue in 2022/23. In addition, with the increase of domestic consumption, Uzbekistan began to import cotton from Kazakhstan, Kyrgyzstan and Tajikistan in 2021/22. In 2022/23, the world economic recession may prevent the cotton import of this country from growing. However, if the continuous increase of domestic cotton mill output in the next few years leads to a gap in cotton supply and demand, the cotton import demand of this country is expected to increase.

According to the prediction of the American Agricultural Counsellor, the cotton planting area of Uzbekistan in 2022/23 will be 980000 hectares, with an output of 675000 tons, an initial inventory of 364000 tons, an import of 22000 tons, a total cotton supply of 1061000 tons, an export of 17000 tons, a domestic consumption of 653000 tons, and a final inventory of 390000 tons. Huacheng's import and export data observation report.