Greece: Cotton and Products Annual

Greece’s MY 2023/24 cotton production is estimated at 970,000 bales, down 33 percent from the previous season due to significant rainstorms which caused widespread flooding in Central Greece in early September 2023. In MY 2024/25 cotton acreage is forecasted to decrease further to approximately 200,000 hectares based on the assumption that farmers will choose to plant less cotton in response to decreasing cotton prices. Yields are expected to be higher. Production is forecasted at 1.1 million bales. Greece is a major cotton exporter. Turkey was the main destination in MY 2022/23, representing 48 percent of total exports.