Uzbekistan: Cotton and Products Annual
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Uzbekistan’s cotton production in marketing year (MY) 2023/24 is forecast unchanged from the previous year at 675,000 metric tons (MT) (3.10 million bales). Despite a small reduction in area harvested for this period because of the government’s land redistribution policy, cotton production will be buoyed up by continued yield-enhancing investments in planting, harvesting, and processing cotton. Cotton consumption in MY 2023/24 is forecast higher year-to-year at 697,000 MT (3.20 million bales), assuming increased domestic demand resulting from the ongoing investments in the country’s textile sector. As of March 2022, the longstanding forced labor issue plaguing the Uzbekistan’s cotton industry was resolved from the perspective of international NGOs. This development alongside continued investment in the nation’s cotton sector could boost Uzbekistan’s future production and export of fabric and ready-to-wear garments.
