with competitive cottonseed oil production line in ethiopia

   
with competitive cottonseed oil production line in ethiopia
                                               
                                               
                                               
                                               
  • with competitive cottonseed oil production line in ethiopia
Where does Ethiopian cotton come from?

The major markets for Ethiopian cotton are Africa, Asia and Europe, with Asia alone accounting for 67% of the total exports (EIA, 2012 ). Currently, the price of Ethiopian cotton is determined by textile industry development institute as Grade ¡°A¡± ($1.47/kg), Grade ¡°B¡± ($1.43/kg) and Grade ¡°C¡± ($1.40/kg).

What are the major markets for Ethiopian cotton?

It has a long tradition of cotton cultivation with an estimated area of above 2.6 million hectares suitable for the cultivation. The major markets for Ethiopian cotton are Africa, Asia and Europe, with Asia alone accounting for 67% of the total exports (EIA, 2012 ).

How much does Ethiopian cotton cost?

Currently, the price of Ethiopian cotton is determined by textile industry development institute as Grade ¡°A¡± ($1.47/kg), Grade ¡°B¡± ($1.43/kg) and Grade ¡°C¡± ($1.40/kg). But Ethiopia shares only 5% of total production in Africa (Ethiopian Investment Agency [EIA], 2012; ESTC, 2006 ).

Why is cotton a major cash crop in Ethiopia?

Cotton is a major cash crop. From the 1940s to 1970s, Ethiopia was importing raw cotton to satisfy the domestic demand of its textile factories. Following the establishment of state farms and large-scale private farms in 1970s, the country started exporting cotton.