India's Cotton Imports May Rise to 3.3 Million Bales in 2024-25

11-Apr-2025 02:31 PM

India's Cotton Imports May Rise to 3.3 Million Bales in 2024-25
★ In the 2024-25 season, India's cotton imports are expected to rise significantly, reaching 3.3 million bales (each weighing 170 kg). This is a sharp increase compared to last year's 1.52 million bales.
★ By the end of March, around 2.5 million bales had already reached Indian ports.
★ The Cotton Association of India (CAI) has revised its total cotton production estimate for 2024-25 down to 29.13 million bales, from the earlier estimate of 29.53 million bales.
★ Maharashtra is expected to see a decrease in production by 500,000 bales, while Telangana's production is expected to increase by 100,000 bales.
★ By the end of March, the total cotton supply in India stood at 30.68 million bales, which includes 2.5 million bales of imports and 3.02 million bales in the initial stock.
★ Cotton consumption by the end of March stood at 17 million bales, with an annual consumption estimate of 31.5 million bales (no change).
★ Cotton exports were recorded at 900,000 bales by March 31, with the full-year estimate being 1.6 million bales, which is 1.24 million bales lower than last year's export volume.
★ The estimated closing stock at the end of September 2025 is expected to be 2.35 million bales, down from last year's 3.02 million bales.