[ACCI-CAVIE] Nigeria cotton export has been on the decline since 2016, according to data sighted by The Nation.
Cotton is a commercial crop grown mainly for its fibre or lint, and is commonly used in the textile industry. The International Trade Centre(ITC)’s Trade Map revealed that Nigeria exported cotton valued $4,789,000 in 2016, $5,598,000 in 2017, $7,037,000 in 2018, $5,597,000 in 2020.Analysts, attributed the industry’s decline to lack of supportive policy measures and critical infrastructure for the growth of the sector.
Since 2016, Portugal has been the largest importer of cotton from Nigeria. It imported cotton valued $1,663, 000 in 2016, $810,000 in 2017, $1,764,000 in 2018, $1,742,000 in 2019 and $505,000 in 2020.
Pakistan imported no cotton in 2016 and 2017. However, it imported cotton valued $386,000 in 2018, $572,000 in 201 9 and $875,000 in 2020.
Viet Nam imported no cotton from Nigeria in 2016, $149,000 in 2017, no import in 2018, $369,000 in 2019 and $572,000 in 2020.
Analysts say the overall performance of the industry has been in a state of crisis. Most cotton grown in Nigeria is done by smallholder farmers, each with less than 10 hectares of land.
According to analysts increased investment cotton production would cater for the growing demand in the region for locally manufactured high quality clothes and leather products. Data by UNCTAD indicates that the cash crop generates income and welfare for over 250 million farmers across the globe.
Right now, Benin, Burkina Faso, Chad and Mali, are Africa’s four major cotton-producing countries.
West Africa is the world’s sixth-largest cotton producing region, with Benin, Côte d’Ivoire and Burkina Faso the sixth-, seventh- and eighth-largest cotton producing countries in the world, respectively.
The nature of global supply chains and West Africa’s role in the textile industry are illustrated by the case of African wax prints, which are clothes with colourful patterns made out of 100 per cent cotton fabric.
The West Africa Competitiveness Programme, created as a partnership between the EU and ECOWAS, estimates that establishing a garment supply chain in the region could boost the industry’s value by as much as 600 percent. This would involve building capacity along the entire supply chain: spinning cotton into yarn, weaving yarn into fabric, and dyeing, printing and designing finished clothing.
To this end, efforts are being made to bolster the supply chain and increase processing capabilities across West Africa.
By The Nation