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Pakistan may see higher cotton imports after crop damage, low arrival

09 Sep '24
2 min read
Pakistan may see higher cotton imports after crop damage, low arrival
Pakistan may see higher cotton imports after crop damage, low arrival

Insights

  • Pakistan's cotton arrival fell by **** per cent by August 31, 2024 during the new marketing year, due to high temperatures and heavy rains damaging crops in key regions.
  • This led the textile industry to increase cotton imports.
  • Spinning mills have signed deals for *.**** million bales, with imports reaching **,*** tons in early 2024, worth $******.* million.

High temperatures in the initial months (June and July) destroyed crop in Punjab and Singh provinces, the main cotton growing regions in the country. The subsequent unusually heavy rains caused diseases like whitefly and pink ball worm resulting in heavy losses in the crop. This double blow has prompted the textile industry to ramp up cotton imports from the global market.

In addition, cotton growing farmers were also discouraged by the absence of government support.

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