Pakistan: Cotton and Products Annual
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With expectations for a slight increase in area, but stagnant yields, 2022/23 production is forecast to reach 6.22 million bales, a 3.7 percent increase over 2021/22. Driven by Pakistan’s value-added cotton textile exports, cotton use is forecast to grow in 2022/23, albeit at a modest 2 percent. To keep pace with demand from the export-focused textile sector, cotton imports are forecast to rebound to 5.2 million bales in 2022/23. Taxation and energy policy continues to support the textile sector. Prospects for Pakistan's export-oriented textile sector remain bright.