Pakistan Cotton Arrivals Exceed Expectations In 2023

A milestone in Pakistan’s cotton sector was reached as cotton arrivals for the year 2023 exceeded expectations, demonstrating remarkable growth in cotton production.

Cotton arrivals as of September 30, 2023, soared to an impressive 5.0 million bales, representing an astounding 71 percent year-on-year growth.

This accomplishment comes in the backdrop of the resilience and dedication of Pakistan’s farmers in overcoming the challenges posed by last year’s devastating floods.

To recall, the cotton production sector faced a substantial setback last year, experiencing a 34 percent year-on-year decline due to the massive flooding that affected the country.

“Cotton arrivals crossing the five million bales mark on September 30, 2023, is a momentous achievement for Pakistan,” Dr. Gohar Ejaz, Minister for Commerce said.

“Last year, our total crop was five million bales, and this year, we are anticipating a bumper crop of 12 million bales,” Dr Ejaz added.

“This remarkable growth showcases the dedication and hard work of our farmers and the resilience of our cotton industry,” the minister stated.