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Azerbaijan to aid cotton sector

Azerbaijan is keen to support cotton producers and give a new life to the cotton production industry. In this regard, farmers will be given preferential loans. Favorable prices will be considered for agricultural producers. New technologies, minerals, and varieties are being developed to lower the cost of cotton production. Farmers will be assisted while purchasing seeds, fertilizers and for conducting agro-technical works.

Cotton production is traditionally widespread in the country's Saatli, Sabirabad, Beylagan, Barda and Zardab regions. Azerbaijan was famous for a high production of cotton in the last century and was even a leading cotton producer in the Soviet Union. However, over the past 18 years, production has dipped six-fold. As a result, areas grown under cotton have reduced nine-fold. The decrease in interest in cotton has resulted from the low profitability margins of cotton production.

Azerbaijan collected 35,000 tons of cotton in 2015, which is 14.6 per cent less than in 2014. This is the lowest indicator of cotton production in Azerbaijan since 2010. However, the average yield in the country was 4.5 per cent more than in 2014. Exporting countries have created an artificial market with low prices, which has hampered opportunities for selling Azerbaijani cotton.

 
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