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American Pima Exports

Thursday, April 17, 2014

For the week ending April 17, 2014 and shipments through April 10, 2014

APRIL 17 — There were 10,300 bales in net new sales reported for the period versus 700 bales in sales the previous week. Current registered export sales for the 2013/14 crop year now total 638,300 bales. This level of sales is 79.1% of the sales level at the same time last year when 807,000 bales in sales had already been registered. Current shipments stand at 93.0% of last year with 507,500 bales shipped versus 545,500 bales shipped at the same time last year.

There were 10,300 bales in new purchases made this week from India (3,300), China (2,200), Peru (2,000), Egypt (1,900), Korea (500), Japan (200), Colombia (100) and Thailand (100).

There were no destination changes this past week.

There were no cancellations this past week.

Export shipments this past week totaled 17,000 bales for the week versus 7,800 bales the previous week. Shipments this past week went to China (7,300), Turkey (4,600), India (2,600), Korea (1,700), Thailand (300), Egypt (200), Guatemala (100), Japan (100) and Peru (100).

The top five leading importers for the 2013/14 crop year are led by China with purchases of 368,000 bales. India, Indonesia, Turkey and Pakistan round out the top five with purchases of 73,200 bales, 31,200 bales, 27,400 bales and 22,600 bales respectively. These five nations account for 81.8% of all the export-based purchases of U.S. Pima made to date this year.

There were 1,700 bales in new forward sales reported this week to Germany (1,400) and Japan (300). The current new crop sales total stands at 9,600 bales and 0 bales respectively for 2014/15 and 2015/16.

The USDA report can be found here: http://www.fas.usda.gov/export-sales/cottfax.htm

Export Sales Summary

Destination 04/17/14* 2012/13 2011/12 2010/11 2009/10
Belgium 0.1 0.1 1.6 0.7 2.6
Germany 17.5 15.4 11.5 20.4 12.7
Italy 1.7 1.5 3.1 6.2 5.4
Portugal 0.0 0.0 0.0 0.0 0.0
Switzerland 0.9 2.3 3.0 0.3 0.0
Turkey 27.4 37.3 15.9 4.2 4.8
Other Western Europe 0.0 1.0 0.4 0.0 0.0
Europe Totals 47.6 57.6 35.5 31.8 25.5
Bangladesh 9.8 27.9 14.4 8.7 9.6
China 368.0 451.0 298.7 188.9 320.5
India 73.2 126.2 76.6 72.3 125.3
Indonesia 31.2 33.1 29.7 38.7 22.9
Japan 16.5 15.1 14.2 42.7 24.7
Korean Republic 10.0 9.7 18.6 18.0 12.6
Pakistan 22.6 63.8 100.3 47.9 69.7
Taiwan 3.0 3.8 5.8 11.8 10.9
Thailand 20.1 25.6 13.5 16.3 18.6
Other Asia and Oceania 0.4 0.1 1.1 1.7 1.9
Asia Totals 554.8 756.3 572.9 446.7 616.7
Brazil 0.3 1.4 0.4 0.7 0.9
Canada 0.0 0.0 0.0 0.0 0.0
Chile 0.0 0.0 0.0 0.0 0.0
Ecuador 0.0 0.0 0.0 0.0 0.0
Guatemala 0.3 0.5 0.4 0.2 0.0
Honduras 1.0 0.4 0.3 0.6 0.4
Mexico 2.1 3.1 3.8 2.7 3.3
Peru 20.0 14.5 27.2 33.4 14.9
Salvador 0.0 0.0 0.0 0.0 0.0
Venezuela 0.0 0.0 0.0 0.0 0.0
Western Hemisphere Totals 23.7 19.9 32.1 37.6 19.5
Rest of World 12.5 32.8 9.0 7.4 18.4
World Totals 638.3 866.3 649.6 523.8 680.1

Source - USDA-FAS U.S. Export Sales – April 17, 2014
1996 - 2013 sales listed in thousand running bales
* 2013/14 sales listed in running bales through April 10, 2014

NOTE: The figures represented in this table may not exactly match those presented in the USDA-FAS report due to variances in rounding. The information contained herein should only be used for reference purposes.

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