Source: PRESS RELEASE

 

    

CAI ESTIMATES COTTON CROP FOR 2022-23 SEASON AT 344 LAKH BALES

 

                          

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The Crop Committee of the Cotton Association of India (CAI) held its meeting on 15th October 2022 to estimate cotton crop for the cotton season 2022-23 which began on 1st October 2022.  The 30 members across the cotton growing regions of the country, who attended this meeting, dwelt on the crop condition and considering the prevailing weather condition and other criteria, arrived at its first estimate.

While delivering his crop report at the Inaugural function of the CAI Centenary Celebrations which took place in Jio World Convention Centre on Tuesday, the 18th October 2022, the CAI President, Mr. Atul S. Ganatra informed, “our crop for the new season 2022-23 is estimated at 344 lakh bales of 170 kgs. each, which would work out to about 365 lakh running bales of 160 kgs. each.  This year so far, sowing is complete in 128.35 lakh hectares which is more by about 10 lakh hectares than last year”. 

The yearly balance sheet projected by the CAI Crop Committee has estimated total cotton supply for 2022-23 season i.e. upto 30th September 2023 at 387.89 lakh bales of 170 kgs. each (equivalent to 412.13 lakh bales of 160 kgs. each).  The last year’s total cotton supply was estimated at 392.89 lakh bales of 170 kgs. each (equivalent to 417.45 lakh bales of 160 kgs. each).  The total cotton supply of 387.89 lakh bales for the current crop year consists of the opening stock of 31.89 lakh bales of 170 kgs. each (equivalent to 33.88 lakh bales of 160 kgs. each), crop for the season estimated at 344 lakh bales of 170 kgs. each (equivalent to 365 lakh bales of 160 kgs. each) and imports for the season estimated at 12 lakh bales of 170 kgs. each (equivalent to 12.75 lakh bales of 160 kgs. each)

The state-wise break-up of the Cotton Production and Balance Sheet for the season with the corresponding data for the previous crop year are enclosed.

 

HIGHLIGHTS OF DELIBERATIONS HELD BY THE CAI CROP COMMITTEE ON 15TH OCTOBER 2022

 

The following are the highlights of the crop estimate: -

  1. CONSUMPTION

The cotton consumption for 2022-23 season is estimated at 320.00 lakh bales (equivalent to 340.00 lakh running bales of 160 kgs. each) as against 318 lakh bales of 170 kgs. each (equivalent to 337.88 lakh running bales of 160 kgs. each) estimated for the crop year 2021-22.

  1. PRODUCTION

The crop of 344 lakh bales of 170 kgs. each (equivalent to 365 lakh running bales of 160 kgs. each) estimated by the CAI is more by 36.95 lakh ales of 170 kgs.  each than last year.

  1. IMPORTS

The import of 12 lakh bales of 170 kgs. each (equivalent to 12.75 lakh running bales of 160 kgs. each) estimated by the CAI for the crop year 2022-23 is less by 2 lakh bales than the import estimate of 14 lakh bales of 170 kgs. each (equivalent to 14.88 akh running bales of 160 kgs. each) for the crop year 2021-22.

  1. EXPORTS

The exports for the season 2022-23 are estimated at 35 lakh bales of 170 kgs. each (equivalent to 37.19 lakh running bales of 160 kgs. each) and are less by 8 lakh bales than the exports estimate of 43.00 lakh bales of 170 kgs. each (equivalent to 45.69 lakh running bales of 160 kgs. each) for the crop year 2021-22. 

  1. CLOSING STOCK AS ON 30TH SEPTEMBER 2023

Closing stock as on 30th September 2023 is estimated by the Committee at 32.89 lakh bales of 170 kgs. each (equivalent to 34.96 lakh running bales of 160 kgs. each).

 

 

Mumbai

 Atul S. Ganatra

Date: 20th October 2022

   President   

 

COTTON ASSOCIATION OF INDIA
INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2021-22 AND 2022-23
 
State  
2022-23 2021-22
      Total        Total 
(in running b/s of 160 kgs. each) Pressed (in lakh b/s of 170 kgs each) Loose  (in lakh b/s of 170 kgs each) * (in lakh b/s of 170 kgs each) (in’000 Tons) (in running b/s of 160 kgs. each) Pressed (in lakh b/s of 170 kgs each) Loose  (in lakh b/s of 170 kgs each) (in lakh b/s of 170 kgs each) (in’000 Tons)
Punjab 5.31 4.80 0.20 5.00 85.00 9.03 8.30 0.20 8.50 144.50
Haryana 17.53 16.02 0.48 16.50 280.50 17.11 15.62 0.48 16.10 273.70
Upper Rajasthan 18.41 17.00 0.33 17.33 294.61 16.30 15.01 0.33 15.34 260.78
Lower Rajasthan 11.87 10.84 0.33 11.17 189.89 10.98 10.00 0.33 10.33 175.61
Total North Zone 53.13 48.66 1.34 50.00 850.00 53.41 48.93 1.34 50.27 854.59
                     
Gujarat 96.69 89.01 1.99 91.00 1547.00 81.07 74.31 1.99 76.30 1297.10
Maharashtra 89.78 83.04 1.46 84.50 1436.50 79.69 73.54 1.46 75.00 1275.00
Madhya Pradesh 21.25 19.50 0.50 20.00 340.00 21.25 19.50 0.50 20.00 340.00
Total Central Zone 207.72 191.55 3.95 195.50 3323.50 182.01 167.35 3.95 171.30 2912.10
                     
Telangana 47.81 44.09 0.91 45.00 765.00 37.61 34.49 0.91 35.40 601.80
Andhra Pradesh 17.00 15.70 0.30 16.00 272.00 15.94 14.70 0.30 15.00 255.00
Karnataka 26.56 24.45 0.55 25.00 425.00 21.52 19.70 0.55 20.25 344.25
Tamil Nadu 6.38 5.86 0.14 6.00 102.00 10.36 9.61 0.14 9.75 165.75
Total South Zone 97.75 90.10 1.90 92.00 1564.00 85.43 78.50 1.90 80.40 1366.80
                     
Orissa 3.19 2.92            0.08 3.00 51.00 2.21 2.00             0.08 2.08 35.36
Others 3.72 3.50               -   3.50 59.50 3.19 3.00                -   3.00 51.00
                     
Grand Total 365.50 336.73 7.27 344.00 5848.00 326.24 299.78 7.27 307.05 5219.85
* Loose cotton production figures are as per the survey report of Sardar Vallabhbhai Patel International School of Textiles and Management for a non-covid year.

 

 

COTTON ASSOCIATION OF INDIA
INDIAN COTTON BALANCE SHEET FOR THE SEASON 2021-22 AND 2022-23
 
 
Details 2022-23 2021-22
(in lakh b/s) (in’000 Tons) (in lakh b/s) (in’000 Tons)
Supply        
Opening Stock 31.89 542.13 71.84 1221.28
Crop 344.00 5848.00 307.05 5219.85
Imports 12.00 204.00 14.00 238.00
Total Supply 387.89 6594.13 392.89 6679.13
Demand        
Mill Consumption 295.00 5015.00 293.00 4981.00
Consumption by SSI Units 19.00 323.00 19.00 323.00
Non- Mill Consumption 6.00 102.00 6.00 102.00
Total  Domestic Demand 320.00 5440.00 318.00 5406.00
   Available Surplus 67.89 1154.13 74.89 1273.13
   Exports 35.00 595.00 43.00 731.00
Closing Stock               32.89 559.13              31.89 542.13