Pakistan: Cotton and Products Annual

Pakistan’s Marketing Year (MY) 2020/21 cotton production is forecast at 6.3 million 480 pound (lb.) bales, down 100,000 bales from the revised 2019/20 estimate and 21 percent less than last year’s annual projection of 8 million bales. This projected lower production is due to a 12 percent decrease in area from the previous year. About 95 percent Pakistan’s cotton crop is bio-engineered. Textile mill consumption is forecast slightly higher at 11 million bales as demand for cotton products is expected torise due to the ongoing trade situation between the United States and China and an extension of GSP preferences by the European Union. Pakistan government support for the textile sector also enhanced textile exports. With mills insisting on higher-grade quality cotton supplies to meet demand for higher quality products, imports are forecast at 4.5 million 480 lb. bales, eight percent higher than last year.

Pakistan: Cotton and Products Annual