Cotton production in Pakistan has declined due to heavy rains and floods destroying crops in major cotton-producing states. Total production in the first 4 months of the current marketing year 2022-23 (August-July) has declined by 40.28 percent compared to the same period last season. Production in November 2022 fell by 37.13 percent year-on-year (YoY).
The Pakistan Cotton Ginners Association (PCGA) report published on Monday shows that cotton arrivals in the new marketing was 4.28 million bales of 170 kg each in August-November 2022, down by 2.89 million bales compared to 7.17 million bales in the same period last year.
November is the peak arrival month in Pakistan. According to PCGA, cotton arrivals fell by 37.13 percent from 0.91 million bales in November 2021 to 0.57 million bales in November 2022.
PCGA leader Javed Suhail blamed climate change, particularly heavy rains and monsoon floods, for the sharp decline in cotton production. “At least 79 percent of the cotton area, especially in Sindh, was affected by floods because the gates of the ginning factories there could not be opened this year.”
Cotton production in Sindh province was reported at 1.7 million bales during August-November 2022, down 49.40 percent from 3.4 million bales in the same period last season.
Only 2.01 million hectares have been brought under the crop in both Punjab and Sindh this season against the combined target of 2.53 million hectares.
Karachi Cotton Brokers Forum Chairman Naseem Usman said the country would be able to produce barely 4.8 million bales this season and would need to import 6 to 7 million bales to keep textile factories running.
Quoting the cotton importers, he said that so far there has been an agreement to import about 5 million bales.