DNFI World Natural Fibre Update November 2023

DNFI World Natural Fibre Update 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 2022 is estimated at 33.1 million tonnes, a reduction of 600,000 tonnes from the estimate published one month ago. The decline is caused by revisions to cotton production data for Brazil by USDA and revisions to flax production based on weather reports. No additional data for 2022 for other fibres became available during the past month.

World natural fibre production is estimated at 31.9 million tonnes in 2023, a reduction of 100,000 tonnes from the estimate published in early October, and down more than one million tonnes from 2022. Estimates for 2023 are published by the United States Department of Agriculture for cotton and the International Wool Textile Organization for wool.

Data from the Philippines for the first nine months of 2023 are used to estimate world abaca production. The Philippines is the largest producer. Reports of jute crop conditions and harvest progress in Bangladesh and India are used to estimate jute production, and comments by industry observers influence the estimate of flax fibre production. Production of other fibres are trend extrapolations.

Reports of poor weather conditions in Western Europe have led to a reduction in the estimate of 2023 flax long fibre production of approximately 100,000 tonnes. (Alliance for European Flax/Linen and Hemp). The pace of deliveries of abaca to markets in the Philippines fell sharply in September resulting in a reduction in the estimate of 2023 production.

Excerpt from the seven page report November 2023:

…. The World Bank Commodity Price indices for …. were lower during the first nine months of 2023  …. The nearby cotton futures contract on the Intercontinental Exchange (December 2023) was down 6% …. Over the 12 months ending October 31, 2023, wheat futures in Chicago fell 36%, …. Polyester yarn, 32 count, single, white, virgin material, grade 1, (directly competitive with spun cotton yarn) in China was quoted at US$ …. Prices quoted by the Indian Jute Balers Association (JBA) at the end of October converted to US$ were 12% …. Prices of silk (grade 3A; Denier 20/22D; regain 11%) in China converted to USD were quoted at $ …. Coir fibre in India quoted in US$ have shown little change during the past year and averaged $ …. The Eastern Market Indicator of prices for fine wool in Australia rose marginally from US$7.24 per kg in September to …. The British Fleece Wool Price Indicator of broad wool prices (used in carpeting, blankets, and other broad-yarn applications) rose …. Prices of Western European flax long fibre, ex scutching mill, averaged over all qualities, converted to US$, rose to $ …. Prices of Brazilian sisal, Bahia, Type 3 DB, FOB Salvador were quoted at US$ ….

 

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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.