LAHORE: The Pakistan Cotton Ginners Association (PCGA) on Wednesday reported that the country produced 8.397 million bales in 2023-24, a 71 per cent increase over the preceding year.

However, the output fell short by a record 3.873m bales or 32pc against the target fixed for the year.

The PCGA said cotton production in Punjab was 4.282m bales while in Sindh it was 4.115m bales. District-wise, the highest cotton production has been reported from Sanghar (Sindh), which is 1.695m bales, while the lowest output was 5,240 bales in the Pakpattan district of Punjab.

Of the total output, according to the report, textile mills bought 8.043m bales from ginning factories, while exporters bought 2.93m bales and 60,500 bales are still available with the ginning factories.

Cotton Ginners Forum chairman Ihsanul Haq says that cotton production in Sindh is surprisingly 114,000 bales more than the target. At the same time, production in Punjab has decreased extraordinarily, mainly due to adverse weather conditions and whitefly cotton. “It has been an unusual attack on the crop.”

He says that due to heavy taxes imposed on the ginning and textile industry, some factories and textile mills across the country did “off-the-record” trade in cotton during the year. He claims that the volume of this “off-the-record” trade amounts to at least two million bales, which is why the total domestic production of cotton is considered to be around 10.5 million bales.

Published in Dawn, April 4th, 2024

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Sustainable path?
13 Jun, 2026

Sustainable path?

THE FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth ...
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...
A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...