Bangladesh Cotton Use Faces Multiple Headwinds In 2023/24
Agribusiness / Bangladesh / Thu 22 Feb, 2024
- We expect cotton consumption in Bangladesh to remain subdued in 2023/24 at 7.8mn bales, a 1.3% y-o-y increase compared to 2022/23 and 11.4% lower than the peak of 8.8mn bales reached in 2021/22.
- Factors that have weighed on cotton demand in Bangladesh and are expected to continue to do so in 2023/24 include macroeconomic challenges, energy