Global Organic Cotton Product Sales Increased Steadily
August 29, 2010 by admin
Filed under General Articles
Organic Exchange, the United States recently released a report that in 2009 the global organic cotton product sales of 43 billion U.S. dollars, up 35%, growth is very strong. Report predicts that the global organic cotton market will grow 20% in 2010, sales of 5.1 billion U.S. dollars; 2011, up 40% on sales of 60 billion U.S. dollars, growth will be further continued to consolidate.
OE organic cotton market in 2009, the report also pointed out that organic cotton production in 2008/09 compared to 20% the previous year, from 145,872 tons to 175,113 tons.
The term organic cotton OrganicCotton literal translation from English, and at home and abroad have called ecological cotton or biological cotton. Organic cotton production to organic fertilizer biological control, natural farming management based not allow the use of chemical products, agricultural products from seeds to all-natural, pollution-free production. At present, the price of 1760 U.S. dollars per ton of organic cotton, to produce clothing for its production up to 24,500 U.S. dollars of value creation and profits are substantial.
China’s Xinjiang since the late 20th century and the beginning of 90 organic cotton cultivation in 2000, converted into the conventional area of 4,000 acres of organic cotton, then was converted by certified organic cotton products more than 20 tons; in 2001 into the organic cotton production area of 7000 mu to obtain 60 tons of organic cotton certified products. Organic cotton in 2002 about 1.1 million mu of cultivated area, yield 90 to 100 tons. In 2003 organic cotton production in Xinjiang area of nearly 1.5 million mu, with a total capacity of about 600 tons. Wal-Mart and Nike Inc. are purchasing organic cotton in Xinjiang.
OE’s report that the growing global organic cotton market, there are three main reasons: first, consumers favor the environmentally friendly products; followed by the relevant brands and retailers to expand programming; there are more companies enter the organic cotton market.
According to the report of OE, the world’s top three brands using organic cotton and retailers, Nike and Wal-Mart.
It is noteworthy that, although the growth rate of sales of organic cotton is very fast, but its production has only accounted for 0.8% of global cotton output, which mean more room to grow, we will wait and see.
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