According to the most recent biweekly data, which the Pakistan Cotton Ginner’s Association (PCGA) issued on Tuesday, Pakistan’s cotton output declined by almost 37% year over year (YoY).
As of January 1, 2023, Pakistan received 4.61 million bales of cotton overall, down from 7.347 million bales during the same period in the previous year. This is a decrease of 37.25 percent and a difference of 2.73 million bales.
According to PCGA data, both the cotton-producing provinces of Punjab and Sindh experienced a significant fall in cotton arrivals. Since the latest flash floods that destroyed crops a few months ago, numbers have been declining.
1.08 million bales, or 28% YoY, less cotton bales had arrived in Punjab as of January 1 compared to 3.839 million bales during the same period last year. In comparison to 2.515 million on December 1, monthly cotton arrivals saw a rise of 10%.
Similarly, as of January 1, Sindh has received 1.85 million bales of cotton, down significantly from the 3.509 million bales reported during the same period last year by 1.659 million bales, or 47%. Contrarily, compared to 1.765 million bales on December 1, fortnightly cotton arrivals saw a rise of 5%.
In general, Pakistan’s cotton production is anticipated to decrease by almost half this year, particularly in Sindh and Balochistan where crops suffered the most harm.