Turkiye: Cotton and Products Update

Turkish cotton production in Marketing Year 2024/25 is projected to increase to 870,000 metric tons due to better weather and improved yields, in addition to forecast increases in area. Consumption is forecast to remain stagnant at 1.55 million metric tons. Cotton imports for MY 2024/25 are estimated to increase to 830,000 MT, with the U.S. remaining the top supplier, while exports are forecast to decrease to 250,000 MT due to parity in domestic and global cotton prices. The Turkish textile industry faces challenges, like reduced demand from key markets and knock-on effects of an unstable local currency, but continues to be a crucial part of the economy. The industry continues to push for policy changes in sustainable practices and biotechnology.