Just because it doesn’t leave the cycle doesn’t mean it’s not an issue. Where it comes back down matters and as climate change makes wet places wetter and dry places drier, that means it’s less distributed
That said, the water issue is overblown. Most of the water calculation comes from power generation (which uses a ton) and is non-potable water.
The potable water consumed is not zero, but it’s like 15% or something
The big issue is power and the fact that most of it comes from fossil fuels