Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Hungary - 2023
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Hungary (CIF) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Hungary (FOB) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Hungary
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Hungary
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Hungary (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $3,872 per ton in 2022, growing by 23% against the previous year. Overall, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 124% against the previous year. Over the period under review, average import prices attained the maximum at $4,695 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($5,336 per ton), while the price for Slovakia ($642 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.3%), while the prices for the other major suppliers experienced a decline.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Hungary (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $5,808 per ton in 2022, with an increase of 26% against the previous year. Over the period under review, the export price recorded strong growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 269% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,419 per ton), while the average price for exports to Italy stood at $5,776 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+46.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Hungary
In 2022, supplies from abroad of cotton waste (including yarn waste and garnetted stock) increased by 78% to 484 tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) soared to $1.9M in 2022. Overall, imports recorded a mild increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,568 | 830 | 750 | 1,699 | 2.7% |
| Slovakia | 99.4 | 34.8 | 45.4 | 61.9 | -14.6% |
| Italy | 35.4 | 3.2 | 21.8 | 48.8 | 11.3% |
| China | N/A | N/A | N/A | 28.9 | 0% |
| Czech Republic | 40.4 | 19.5 | 26.4 | 21.4 | -19.1% |
| Germany | 27.5 | 16.1 | 15.4 | 12.5 | -23.1% |
| Others | 2.8 | 3.0 | 2.2 | 2.2 | -7.7% |
| Total | 1,773 | 907 | 861 | 1,875 | 1.9% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Hungary in 2022:
- United States (330.6 tons)
- Slovakia (96.5 tons)
- Italy (31.8 tons)
- Germany (10.4 tons)
- China (10.2 tons)
- Czech Republic (4.0 tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Hungary
Exports of cotton waste (including yarn waste and garnetted stock) from Hungary stood at 13 tons in 2022, increasing by 12% on the year before. Overall, exports, however, showed a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 86%.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) soared to $77K in 2022. Over the period under review, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 110% against the previous year.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 117 | 24.5 | 54.3 | 75.3 | -13.7% |
| Germany | 1.4 | 0.2 | 0.1 | 1.8 | 8.7% |
| Others | N/A | 1.2 | N/A | N/A | 0% |
| Total | 118 | 25.9 | 54.3 | 77.2 | -13.2% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Hungary in 2022:
- Italy (13.0 tons)
- Germany (0.2 tons)
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