Depending on the continent and climate zone, natural fibers grow all year round. The dependence on local and global weather influences changes the quality and quantity of the fibers at the time of harvest or during and after cleaning and processing.
Geopolitical or regional events are other factors affecting the availability of natural fibers. In the case of statistical evaluations, it must be taken into account that some regional harvest periods also take place at the turn of the year.
World natural fibre production in 2024 is estimated at 32.6 million metric tonnes, including 26.2 million tonnes of cotton, 2.6 million tonnes of jute, 1.2 million tonnes of coir, 1 million tonnes of wool and 1.6 million tonnes of all other fibres combined. If realized, production in 2024 will be about one million tonnes higher than in 2023 and the highest in five seasons. The record for world natural fibre production is 35 million tonnes in 2011.
Projections for jute production in India and Bangladesh and sisal production in Brazil are deteriorating, and the estimate of world production of natural fibres in 2024 has been reduced by about 300,000 tonnes from the estimate a month ago.
Prices of commodities rose in 2022, declined during 2023, and were generally stable in the first two quarters of 2024. The World Bank indexes of Energy, Agriculture, and Fertilizer prices (2010=100) spiked in 2022, and they remained above pre-Covid levels in Q1 and Q2 2024. Within the Agricultural category, Other Raw Materials (cotton, natural rubber and tobacco) have been relatively stable during 2024. The only commodity category to exhibit consistently rising prices in recent years is Precious Metals.
Excerpt from the 7 page report August 2024 (+ 5 graphs and 2 tables):
…. World cotton production is estimated at the highest level since 2019/2020 …. Production in China is estimated at 6 million tonnes, the same as in 2023, but down 700,000 tonnes from …. Brazil and the United States, the third and fourth largest producers, are each expected to account for 14% of …. The DNFI estimates of 2023 world production of jute, kenaf and allied fibres at …. The 2024 projection for world wool production is issued by Independent Commodity Services on behalf of the International Wool Textile Organization …. A change of 1.5% compared to 2023 is forecast. Production in Australia is forecast down 5%, while estimates have been reduced in Iran, Syria, and Morocco because of drought, and in Mongolia because of ….Prices of silk (grade 3A; Denier 20/22D; regain 11%) in China rose 4% in July to US$ …. Quotes for coir fibre fob Indonesia converted to US$ were $0.11/kg in …. Exports of sisal by the three largest producers, Brazil, Kenya and Tanzania, totaled at ….
Free Download of the 7 page report: “DNFI World Natural Fibre Update August 2024”
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DNFI members can access previous reports here: https://dnfi.org/dnfi-world-natural-fibre-updates/
The DNFI World Natural Fibre Update is provided by: Dr. Terry Townsend, DNFI Statistics and Data Analysis Expert.
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