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The new infrastructure played a key role in the “boom” of the Egyptian cotton industry. [7] The American Civil war began in 1861. [8] The Egyptian cotton market boomed to fill the sudden cotton demand from the Cotton Supply Association and its many member British factories and investors.
The name "American Pima" was formally adopted by the United States government in 1970. [11] The American Pima market class was the result of government efforts to enable United States farmers to compete in the "Egyptian cotton" market. Circa 1900, the United States led in production of all the major market classes except Egyptian. H. J.
The main European purchasers, Britain and France, began to turn to Egyptian cotton. After the American Civil War ended in 1865, British and French traders abandoned Egyptian cotton and returned to cheap American exports, [54] sending Egypt into a deficit spiral that led to the country declaring bankruptcy in 1876, a key factor behind Egypt's ...
The name "Egyptian cotton" is broadly associated high quality cottons and is often an LS or (less often) an ELS cotton. [97] Nowadays the name "Egyptian cotton" refers more to the way cotton is treated and threads produced rather than the location where it is grown. The American cotton variety Pima cotton is often compared to Egyptian cotton ...
Long-staple cotton had been invented in Cairo in the 1820s, becoming a staple of the Egyptian economy in the 19th and 20th Centuries. [5] Cotton production used 2.1 million acres for cultivation after the Second World War and by the 1980s represented the second largest export in Egypt, after crude oil. [5]
The blockade led to Egypt replacing the South as Britain's principal source of cotton. [35] Likewise, Egyptian cotton replaced American cotton as the principal source of cotton for the textile mills of France and the Austrian empire not only for the civil war, but for the rest of the 19th century. [35]
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