COTTON AND WOOL OUTLOOK June 14, 1999 June 1999, CWS-0599 Approved by the World Agricultural Outlook Board -------------------------------------------------------------------------- COTTON AND WOOL OUTLOOK is issued 10 times a year by the Economic Research Service, U.S. Department of Agriculture, Washington, DC 20036-5831. Electronic release only; no published copies are available. COTTON AND WOOL OUTLOOK is supplemented by an annual COTTON AND WOOL YEARBOOK. The yearbook summary for 1999 will be released on November 22, 1999. Yearbooks are available in print from ERS-NASS Order Desk. For the 1999 issue, call 1-800-999-6779 (703-605-6220) and ask for stock #ERS-CWS-1999, $21. -------------------------------------------------------------------------- HIGHLIGHTS o U.S. Cotton Crop Progress and Condition Near Normal o U.S. Demand for 1998/99 Unchanged o Foreign Production, Consumption, and Trade o China's Estimated 1998/99 Consumption Unchanged o Textile Trade Deficit Widens in 1999 U.S. Cotton Crop Progress and Condition Near Normal Planting of the 1999 U.S. cotton crop is nearing completion in all States except Oklahoma and Texas. As of June 6, 92 percent of the U.S. crop was planted, slightly ahead of the 87 percent reported for 1998 and the 5-year average. In addition, seven of the 14 reporting States were completed as of early June. In contrast, Oklahoma was reported at 76 percent complete, compared with 90 percent last season but equal to the 5-year average. Texas plantings are 86 percent complete, above both last year and the 5-year average. While plantings are ahead of last season, the percentage of the U.S. cotton crop that is squaring is lagging. As of June 6, 11 percent of the acreage was squaring, compared with 14 percent for both a year ago and the 5-year average. Although crop development is just getting underway in many States, several departures from normal are worth noting. In Arizona and Mississippi, the percent squaring, at 19 and 11 percent respectively, is about 25 percentage points behind their respective 5-year averages. On the other hand, California, with 25 percent of its area squaring, is well ahead of the 7 percent reported as the average. The first 1999 crop condition report for cotton indicated that as of the week ending June 6, the U.S. crop was slightly better than last season. At this early stage, 52 percent of the area was rated "good" or "excellent," compared with 49 percent a year ago. Similarly, only 15 percent was rated "poor" or "very poor," compared with 21 percent in 1998. As noted in the report, Georgia's cotton has been affected by recent dry weather conditions. As of June 6, 30 percent of Georgia's area was rated "poor" or "very poor," while an additional 40 percent was only "fair." In contrast, Missouri had the best crop condition with 78 percent rated "good" or "excellent." Because of the "near normal" crop progress and conditions across the Cotton Belt, no changes were made in June to the 1999 U.S. cotton production estimate of 18 million bales. However, an update on the cotton area reported in the March Prospective Plantings will be issued at the end of the month by USDA's National Agricultural Statistics Service. The June 30 Acreage report will provide a better indication of the 1999 cotton area as it combines actual cotton plantings as of early June and estimates for area remaining to be planted. U.S. Demand for 1998/99 Unchanged No changes were made this month to USDA's supply and demand estimates for 1998/99 as the current season winds down. Mill data indicate that nearly 7.9 million bales have been used through April. And with 3 months' of data remaining to be reported, expectations are for U.S. mill use to reach 10.5 million bales for the season, 7 percent below 1997/98's extraordinary 11.35 million bales. Meanwhile, exports are on a pace to reach the 4.1-million-bale estimate. As of early June, shipment data reported in Export Sales suggest that cotton exports need only average 50,000 running bales per week through the end of the season. And although world trade is projected at 23.6 million bales in 1998/99, the lowest since 1970/71, the U.S. share of global cotton trade is expected to reach only 17.4 percent, compared with 28.2 percent last season. Nevertheless, ending stocks remain estimated at 3.6 million bales, about 300,000 below beginning levels. Foreign Production, Consumption, and Trade Forecasts for 1999/2000 foreign production, consumption, and trade were unchanged compared with the previous month. USDA's usual practice is to avoid revising the foreign out-year projections in June, pending the completion of the annual reporting cycle by U.S. embassies overseas. These reports are scheduled to arrive during June and July and will be combined with additional analysis in Washington, DC between now and mid- July. Foreign production in 1999/2000 remains projected at 69 million bales, 2 percent lower than in 1998/99. Foreign consumption is projected at 76 million bales, 2 percent higher than in 1998/99. Foreign imports are projected to rise in 1999/2000, and larger U.S. exports will account for the entire increase. Foreign exports in 1999/2000 are expected to remain unchanged at 19.5 million bales. Estimates for 1998/99 foreign production, consumption, and trade were revised slightly from the May estimates. Foreign 1998/99 production is estimated 300,000 bales higher than in May, at 84.4 million bales. Foreign consumption was revised downward about 100,000 bales, to 74.2 million. Both foreign imports and exports were revised downward for 1998/99, as were beginning stocks. China's Estimated 1998/99 Consumption Unchanged Consumption of cotton in China during 1998/99 remains estimated at 20 million bales, compared with 20.8 million in 1997/98, and 21.4 million in 1996/97. China's exports of apparel and other finished goods have performed poorly during the first 4 months of calendar 1999. This could have a significant effect on cotton consumption since the value of these exports is comparable to the value of domestic consumption of these goods in China. However, China's State Statistical Bureau (SSB) reports yarn production (all fibers) is currently above a year earlier. While the successful campaign to reduce the textile industry's inventory of cotton spindles suggests that cotton's share of fiber use in China may continue falling, a portion of the spindles destroyed were probably not actively used. Adjusting for the likely recent use of the destroyed spindles results in an estimated decrease in cotton use similar to the current USDA estimate. The SSB recently republished its calendar 1998 yarn production estimate, and it was unchanged from the last estimate. USDA typically completes its short run adjustments of the preceding year's estimate when the SSB's June number is published, so further adjustments in the 1997/98 estimate of 20.8 million bales are unlikely given the normal flow of information from China. The coincidence this year of falling garment exports and rising yarn production may have implications for 1999/2000. If garment exports remain sluggish and yarn production remains strong, then growing yarn or fabric inventories could affect fiber consumption as 1999/2000 progresses. Of course, there are large areas of uncertainty, beginning with the significance of the decline in garment exports. Lower exports have in part been offset by lower imports: China's reported imports of textile products (excluding fiber) are about one-third the size of its exports, and are falling. But, unreported, smuggled imports are probably also falling, but to an unknown degree. Thus, while January-April data suggests that China's textile product exports (excluding fiber) could decline by $10 billion in calendar 1999, the export decline on a net basis is smaller by an unknown amount. Furthermore, with deflation in China, export volume is likely falling less than value. For example, the readily available volume figures for cotton yarn and fabric suggest rising exports for intermediate cotton products. Volume figures for garments are not so readily available; garments trade is reported in a wide variety of units, and timely analysis of trade volume is difficult, so the exact relationship between short-run changes in export value and volume is uncertain. Finally, the first 4 months of textile export performance may be a poor guide to the rest of the year, given the strengthening exchange rates of China's East and Southeast Asian textile competitors. In July USDA will publish its first official estimate of China's 1999/2000 cotton consumption. Textile Trade Deficit Widens in 1999 March textile imports, at 972 million pounds (raw-fiber equivalent) were up nearly 9 percent from February and 17 percent above March 1998. Increased imports of yarn, thread, and fabric, floor coverings, and home furnishings more than offset a reduction in apparel shipments. Imports of all fibers except silk increased. Cotton imports, at 556 million pounds, accounted for 57 percent of the March total and were 19 percent above a year earlier. U.S. cotton textile imports from North American countries rose 19 percent to 254 million pounds, accounting for 46 percent of the total. Cotton imports from Asia declined from a month earlier to 244 million pounds (44 percent of the U.S. import total). Similarly, March 1999 textile exports, at 411 million pounds, rose 16 percent from February and were slightly above a year earlier. U.S. textile exports expanded for all major fibers and end-use categories. Cotton exports, at 188 million pounds, were up 15 percent from a month earlier and 11 percent from a year ago. Cotton textile exports for all end-use categories increased from the previous month with apparel accounting for 56 percent of the total. North American countries are the major markets for U.S. cotton textile exports. Shipments to North America totaled 165 million pounds and represented 88 percent of the March total. Mexico continues to be the leading market, receiving 42 percent of the region's total. Overall, the total textile trade deficit during the first 3 months of 1999 has expanded from a year earlier. For all fibers the deficit through March 1999 is 1.6 billion pounds and the cotton trade deficit is 1.0 billion pounds, up 27 percent and 21 percent, respectively. During 1999 cotton has accounted for 64 percent of the total deficit, similar to a year earlier. * * * * * The next Cotton and Wool Outlook (CWS-0699) will be released on July 13, 1999. ***************************************************************** Information Contacts: Leslie Meyer (U.S. Cotton and Textiles) LMEYER@ECON.AG.GOV (202) 694-5307 Stephen MacDonald (Foreign Cotton) STEPHENM@ECON.AG.GOV (202) 694-5305 Robert Skinner (Textiles and Wool) RSKINNER@ECON.AG.GOV (202) 694-5313 ***************************************************************** U.S. COTTON SUPPLY AND USE ESTIMATES ---------------------------------------------------------------------- 1998/99 ---------------------------- Item 1997/98 Apr May Jun ---------------------------------------------------------------------- Upland: Million acres Planted 13.648 13.088 13.064 13.064 Harvested 13.157 10.486 10.449 10.449 Pounds Yield/harvested acre 666 617 619 619 Million 480-lb. bales Beginning stocks 3.920 3.822 3.822 3.822 Production 18.245 13.470 13.476 13.476 Total supply 1/ 22.178 17.627 17.678 17.678 Mill use 11.234 10.275 10.365 10.365 Exports 7.060 3.900 3.800 3.800 Total use 18.294 14.175 14.165 14.165 Ending stocks 3.822 3.400 3.488 3.488 Percent Stocks-to-use ratio 20.9 24.0 24.6 24.6 Extra-long staple: 1,000 acres Planted 250 330 328 328 Harvested 249 237 235 235 Pounds Yield/harvested acre 1,056 893 904 904 1,000 480-lb. bales Beginning stocks 51 65 65 65 Production 548 440 442 442 Total supply 1/ 599 520 527 527 Mill use 115 125 135 135 Exports 440 300 300 300 Total use 555 425 435 435 Ending stocks 65 100 112 112 Percent Stocks-to-use ratio 11.7 23.5 25.7 25.7 ---------------------------------------------------------------------- Based on USDA estimates. 1/ Includes imports. WORLD COTTON SUPPLY AND USE ESTIMATES ---------------------------------------------------------------------- 1998/99 ------------------------------ Item 1997/98 Apr May Jun ---------------------------------------------------------------------- Supply: Million 480-lb. bales Beginning stocks World 38.18 41.41 41.17 40.85 Foreign 34.20 37.52 37.29 36.96 Production World 91.60 84.68 84.07 84.35 Foreign 72.81 70.77 70.15 70.43 Imports World 26.49 24.72 24.80 24.50 Foreign 26.48 24.37 24.40 24.10 Use: Mill use World 88.51 84.72 84.79 84.71 Foreign 77.16 74.32 74.29 74.21 Exports World 26.61 23.84 23.74 23.60 Foreign 19.11 19.64 19.64 19.50 Ending stocks World 40.85 41.92 41.23 41.08 Foreign 36.96 38.42 37.63 37.48 Stocks-to-use ratio Percent World 46.2 49.5 48.6 48.5 Foreign 47.9 51.7 50.7 50.5 --------------------------------------------------------------------- Based on USDA estimates. FIBER SUPPLY ---------------------------------------------------------------------- 1999 1998 --------------------------- Item Feb Mar Apr Apr ---------------------------------------------------------------------- Cotton: 1,000 480-lb. bales Ginnings 90 0 0 0 Imports since August 1 40.5 84.1 NA 2.9 Stocks, beginning 9,597 8,698 7,581 10,079 At mills 586 605 570 703 Public storage 8,677 7,500 6,780 8,187 CCC stocks 3,488 1,522 800 2,060 Manmade: Million pounds Production 801.6 870.7 856.6 886.8 Noncellulosic 778.9 845.9 832.7 852.7 Cellulosic 22.7 24.8 23.9 34.1 Total since January 1 1,635.3 2,506.0 3,362.6 3,448.1 1999 1998 ---------------------------- Jan Feb Mar Mar ---------------------------------------------------------------------- Million pounds Raw fiber imports 114.7 116.9 140.9 118.2 Noncellulosic 109.2 111.7 133.5 110.1 Cellulosic 5.5 5.2 7.4 8.1 Total since January 1 114.7 231.6 372.5 324.4 Wool and Mohair: 1,000 pounds Raw wool imports, clean 6,151 3,553 3,882 7,230 48's-and-finer 4,416 1,649 1,689 5,579 Not-finer-than-46's 1,735 1,905 2,193 1,651 Total since January 1 6,151 9,704 13,586 21,410 Wool top imports 35 28 235 204 Total since January 1 35 63 298 548 Mohair imports, clean 0 0 0 0 Total since January 1 0 0 0 2,101 ---------------------------------------------------------------------- NA = Not available. COTTON SYSTEM FIBER CONSUMPTION ---------------------------------------------------------------------- 1999 1998 --------------------------- Item Feb Mar Apr Apr ---------------------------------------------------------------------- Cotton: 1,000 480-lb. bales All consumed by mills 1/ 824 940 889 956 Total since August 1 1/ 6,039 6,979 7,868 8,581 SA annual rate 2/ 10,462 10,344 10,267 11,099 SA daily rate 2/ 40.2 39.8 39.5 42.5 Daily rate 41.2 40.9 40.4 43.5 Upland consumed by mills 1/ 811 926 876 946 Total since August 1 1/ 5,956 6,883 7,758 8,496 SA daily rate 2/ 39.6 39.2 38.9 42.1 Daily rate 40.6 40.3 39.8 43.0 Spindles in place 5,212 5,223 5,208 5,440 Active spindles 4,871 4,784 4,792 5,154 100 percent cotton 2,608 2,519 2,552 2,637 100 percent manmade 753 766 769 784 Blends 1,510 1,499 1,471 1,733 Percent Cotton's share of fibers 79.7 79.5 79.5 78.1 Manmade: 1,000 pounds Total consumed by mills 1/ 100,718 116,618 110,151 128,517 Total since August 1 1/ 742,642 859,260 969,411 1,122,628 Daily rate 5,036 5,070 5,007 5,842 Noncellulosic staple 4,689 4,722 4,686 5,302 Cellulosic staple 347 348 321 540 ---------------------------------------------------------------------- 1/ Adjusted to calendar month. 2/ SA = seasonally adjusted. FIBER EXPORTS ---------------------------------------------------------------------- 1999 1998 -------------------------- Item Jan Feb Mar Mar ---------------------------------------------------------------------- Cotton: 1,000 480-lb. bales Upland exports 110 148 177 822 Total since August 1 2,820 2,968 3,145 4,590 Sales for next season 27 50 181 224 Total since August 1 198 247 428 617 ELS exports 46.4 33.7 44.6 65.5 Total since August 1 105.8 139.5 184.1 321.5 Sales for next season 11.9 3.4 21.3 55.0 Total since August 1 25.6 29.0 50.3 94.2 Manmade: Million pounds Raw fiber exports 76.2 72.5 89.1 90.7 Noncellulosic 73.5 69.8 85.7 87.1 Cellulosic 2.7 2.7 3.4 3.6 Total since January 1 76.2 148.7 237.8 1,702.1 Wool and Mohair: 1,000 pounds Raw wool exports, clean 9.1 124.3 145.7 247.2 Total since January 1 9.1 133.4 279.1 629.8 Wool top exports 401.0 356.7 386.6 544.3 Total since January 1 401.0 757.7 1,144.3 1,683.1 Mohair exports, clean 256.0 166.3 311.1 73.4 Total since January 1 256.0 422.3 733.4 148.6 ---------------------------------------------------------------------- FIBER PRICES ---------------------------------------------------------------------- 1999 1998 --------------------------- Item Mar Apr May May ---------------------------------------------------------------------- Domestic cotton prices: Cents per pound Adjusted World Price 42.64 43.97 45.39 51.39 Jul'99 futures 60.57 60.11 58.38 73.11 Dec'99 futures 59.80 59.63 58.59 71.96 Upland spot 41-34 58.17 57.01 55.54 65.21 Pima spot 03-46 86.37 84.57 82.73 104.00 Avg. price received by: Upland producers 55.30 56.70 57.50 63.50 Mill delivered: Cotton Actual 66.31 64.69 63.17 71.78 Raw fiber equivalent 73.68 71.88 70.19 79.76 Rayon staple Actual 101.00 101.00 100.00 115.00 Raw fiber equivalent 105.21 105.21 104.17 119.79 Polyester staple Actual 51.00 50.00 50.00 65.00 Raw fiber equivalent 53.13 52.08 52.08 67.71 Price ratios Percent Cotton/rayon 70.0 68.3 67.4 66.6 Cotton/polyester 138.7 138.0 134.8 117.8 Northern Europe cotton quotes: Cents per pound A Index 56.74 57.86 59.85 64.61 Memphis Territory NQ NQ NQ 73.06 California/Arizona 71.63 68.40 65.31 NQ B Index 53.28 NQ NQ NQ Orleans/Texas 64.00 NQ NQ 68.13 Wool prices (clean): Dollars per pound U.S. 56's 0.65 0.65 0.65 1.10 Australian 56's 1/ 1.36 1.36 1.36 1.63 U.S. 60's 0.95 0.87 0.87 1.47 Australian 60's 1/ 1.47 1.44 1.43 1.85 U.S. 64's 1.15 1.10 1.17 1.77 Australian 64's 1/ 1.57 1.56 1.50 2.14 ---------------------------------------------------------------------- NQ = No quotes. 1/ In bond, Charleston, SC. TEXTILE TRADE ---------------------------------------------------------------------- 1999 1998 ---------------------------- Item Jan Feb Mar Mar ---------------------------------------------------------------------- Imports: 1,000 pounds 1/ Yarn, thread, and fabric 211,651 210,837 246,340 234,424 Cotton 87,787 87,858 101,927 104,140 Linen 26,678 22,587 27,186 25,522 Wool 3,114 3,404 4,303 4,954 Silk 736 656 752 746 Manmade 93,337 96,332 112,172 99,062 Apparel 559,038 591,226 552,573 519,205 Cotton 340,605 372,491 400,118 318,581 Linen 18,818 16,260 14,830 12,353 Wool 12,371 12,691 12,926 13,659 Silk 15,148 13,400 12,527 11,457 Manmade 172,096 176,385 112,172 163,155 House furnishings 51,081 54,455 59,740 47,088 Cotton 38,059 40,911 44,522 36,157 Linen 289 184 338 213 Wool 93 82 84 167 Silk 35 24 40 17 Manmade 12,606 13,254 14,792 10,534 Floor covering 31,508 29,166 34,615 25,199 Cotton 5,134 4,528 4,964 3,390 Linen 4,283 3,832 5,202 3,289 Wool 9,752 7,074 9,285 7,670 Silk 627 385 775 471 Manmade 11,712 13,347 14,089 10,379 Total imports 2/ 860,074 892,425 972,025 832,156 Cotton 475,496 509,873 555,799 465,821 Linen 50,126 42,907 47,621 41,447 Wool 25,436 23,318 26,688 26,477 Silk 16,547 14,466 14,094 12,692 Manmade 292,469 301,861 327,822 285,720 Exports: 1,000 pounds 1/ Yarn, thread, and fabric 149,985 164,714 192,556 185,356 Cotton 55,517 63,831 75,160 58,860 Linen 4,412 5,419 5,714 5,569 Wool 3,382 4,709 5,577 5,776 Silk 1,540 1,640 2,034 2,043 Manmade 85,133 89,115 104,071 113,108 Apparel 143,649 153,768 172,575 175,502 Cotton 86,649 93,470 105,259 102,385 Linen 1,270 1,658 1,770 1,566 Wool 6,097 6,823 7,450 9,853 Silk 3,235 3,873 4,102 3,753 Manmade 46,398 47,944 53,994 57,945 House furnishings 6,083 6,264 6,972 7,723 Cotton 3,952 3,858 4,255 4,593 Linen 203 196 245 362 Wool 40 54 57 95 Silk 67 137 120 191 Manmade 1,821 2,019 2,295 2,482 Floor covering 28,923 29,805 38,948 40,526 Cotton 2,404 2,410 3,02 3,950 Linen 1,483 1,584 1,819 2,111 Wool 2,352 2,849 3,657 3,603 Silk 82 91 93 160 Manmade 22,601 22,871 30,350 30,702 Total exports 2/ 328,835 354,826 411,427 409,389 Cotton 148,581 163,643 187,784 169,878 Linen 7,375 8,866 9,558 9,617 Wool 11,881 14,446 16,761 19,343 Silk 4,924 5,741 6,349 6,148 Manmade 156,074 162,130 190,974 204,402 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Includes headgear. U.S. COTTON TEXTILE IMPORTS ---------------------------------------------------------------------- 1999 1998 ----------------------------- Item Jan Feb Mar Mar ---------------------------------------------------------------------- 1,000 pounds 1/ North America 166,338 213,528 254,320 195,471 Canada 16,612 18,828 22,133 18,151 Costa Rica 6,174 9,287 9,381 8,979 Dominican Republic 10,407 20,380 25,964 18,337 El Salvador 11,931 15,193 18,452 14,874 Guatemala 8,425 10,695 11,394 9,063 Haiti 2,185 3,365 3,940 2,712 Honduras 23,473 30,744 38,759 28,113 Jamaica 3,647 4,360 5,170 7,525 Mexico 79,999 96,356 114,581 84,887 Nicaragua 3,094 3,701 4,038 2,420 South America 7,327 7,129 8,576 7,913 Argentina 26 28 25 86 Brazil 2,637 1,512 2,414 3,287 Chile 26 7 21 14 Colombia 1,935 2,873 3,009 2,042 Peru 2,225 2,147 2,654 2,052 Europe 25,107 27,054 29,986 31,265 Estonia 639 446 483 817 France 599 685 728 599 Germany 433 700 834 643 Italy 2,696 3,302 3,466 3,356 Portugal 2,203 2,336 2,074 2,022 Russia 707 648 740 918 Spain 828 983 1,007 1,291 Turkey 12,284 13,483 15,684 16,594 United Kingdom 948 1,005 1,244 1,015 Asia 260,792 247,540 244,144 214,663 Bahrain 1,017 1,188 1,311 736 Bangladesh 21,566 17,102 15,158 13,242 China 32,767 32,477 31,704 25,738 Hong Kong 28,773 28,700 20,373 18,929 India 31,732 32,072 37,978 36,989 Indonesia 14,056 13,868 12,380 12,122 Israel 3,145 2,998 3,191 2,896 Japan 1,295 1,224 1,373 1,207 Macao 6,756 6,483 5,016 2,982 Malaysia 6,576 5,116 6,406 3,797 Nepal 1,940 2,178 2,653 1,849 Oman 1,878 1,789 2,079 1,540 Pakistan 30,533 31,208 31,648 32,139 Philippines 12,038 11,178 10,973 9,409 Qatar 1,208 1,765 1,226 1,099 Singapore 2,433 2,434 2,712 1,345 South Korea 9,330 8,575 8,930 7,698 Sri Lanka 10,084 9,144 10,006 7,863 Taiwan 13,764 12,141 10,896 11,339 Thailand 12,841 10,645 11,203 11,626 U Arab Em 2,590 2,552 2,840 3,306 Oceania 2,456 1,593 2,003 2,100 Australia 654 794 939 1,238 Fiji 1,546 584 768 507 Africa 13,476 13,029 16,769 14,409 Egypt 5,671 6,660 7,963 8,068 Lesotho 1,560 1,288 1,859 1,127 Mauritius 2,079 1,647 2,298 1,333 Morocco 900 919 1,070 1,094 South Africa 1,173 529 1,305 741 Tunisia 85 82 153 116 World 2/ 475,496 509,873 555,799 465,821 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Totals may not add due to rounding. U.S. COTTON TEXTILE EXPORTS ---------------------------------------------------------------------- 1999 1998 ----------------------------- Country Jan Feb Mar Mar ---------------------------------------------------------------------- 1,000 pounds 1/ North America 129,573 144,006 165,363 137,524 Canada 24,826 25,924 30,699 27,345 Costa Rica 6,166 6,286 6,370 5,748 Dominican Republic 12,945 14,143 16,746 16,245 El Salvador 5,282 6,194 7,275 8,365 Guatemala 2,620 2,703 3,673 3,589 Haiti 2,022 1,576 1,891 1,633 Honduras 15,754 19,448 24,557 21,666 Jamaica 2,765 3,784 3,338 4,965 Mexico 55,782 62,414 69,015 46,403 South America 3,210 2,963 3,814 5,588 Argentina 141 188 170 458 Brazil 404 379 210 632 Chile 949 321 655 594 Colombia 1,076 939 1,262 1,617 Peru 82 79 135 123 Venezuela 279 703 1,060 1,597 Europe 7,804 7,997 8,281 14,861 Belgium 1,824 2,513 2,145 3,408 France 292 315 311 510 Germany 752 727 797 1,505 Ireland 90 91 86 1,892 Italy 760 235 316 344 Netherlands 695 552 511 1,125 United Kingdom 2,568 2,161 2,735 3,883 Asia 6,757 7,052 8,783 10,058 China 115 230 342 128 Hong Kong 717 798 1,093 1,213 Israel 686 514 785 763 Japan 2,955 3,397 3,753 4,424 Philippines 297 241 568 517 Saudi Arabia 527 386 361 465 Singapore 192 185 298 451 South Korea 323 273 269 628 Taiwan 149 208 253 329 U Arab Em 235 193 236 431 Oceania 623 680 751 917 Australia 484 476 486 622 New Zealand 50 105 145 114 Africa 613 945 792 929 Egypt 3 18 22 25 Ghana 2 1 53 4 Ivory Coast 44 90 21 65 Nigeria 179 185 341 226 South Africa 84 286 106 294 World 2/ 148,581 163,643 187,784 169,878 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Totals may not add due to rounding. END_OF_FILE