Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Indonesia - 2022
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Indonesia (FOB) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Indonesia (CIF) - 2022
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Indonesia
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Indonesia
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Indonesia (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $1,489 per ton in March 2022, almost unchanged from the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2021 when the average export price increased by 33% month-to-month. Over the period under review, the average export prices reached the maximum in March 2022.
There were significant differences in the average prices for the major external markets. In March 2022, the country with the highest price was China ($2,054 per ton), while the average price for exports to Malaysia ($950 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Indonesia (CIF) - 2022
In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $1,091 per ton, rising by 16% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cotton waste (including yarn waste and garnetted stock) increased by +113.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 84% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($1,566 per ton), while the price for Vietnam ($572 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Indonesia
In 2022, after two years of decline, there was significant growth in overseas shipments of cotton waste (including yarn waste and garnetted stock), when their volume increased by 33% to 9.1K tons. Overall, exports, however, showed a deep reduction.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) soared to $14M in 2022. In general, total exports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 6.7 | 3.0 | 1.0 | 4.1 | -15.1% |
| Pakistan | N/A | N/A | N/A | 3.9 | 0% |
| Thailand | 0.5 | 1.6 | 3.1 | 2.6 | 73.2% |
| Japan | 1.5 | 1.5 | 1.6 | 1.3 | -4.7% |
| India | 0.7 | 0.8 | 0.4 | 0.7 | 0.0% |
| United States | 0.5 | 1.6 | 0.2 | 0.7 | 11.9% |
| Vietnam | 2.6 | 0.9 | 1.5 | 0.5 | -42.3% |
| Others | 1.4 | 0.9 | 0.2 | 0.7 | -20.6% |
| Total | 13.9 | 10.2 | 8.0 | 14.5 | 1.4% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Indonesia in 2022:
- Taiwan (Chinese) (2.6K tons)
- Pakistan (2.4K tons)
- Thailand (1.7K tons)
- Japan (0.8K tons)
- India (0.5K tons)
- United States (0.3K tons)
- Vietnam (0.3K tons)
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Indonesia
In 2022, approx. 2.1K tons of cotton waste (including yarn waste and garnetted stock) were imported into Indonesia; surging by 12% against the year before. Over the period under review, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 128% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) soared to $2.3M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 320%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 109 | 0.1 | 41.5 | 938 | 104.9% |
| Turkey | 0.4 | N/A | 1,228 | 790 | 1154.6% |
| South Korea | 293 | 168 | 315 | 417 | 12.5% |
| Vietnam | 262 | 171 | 94.3 | 97.1 | -28.2% |
| United States | 120 | 87.4 | N/A | 0.4 | -85.1% |
| Bangladesh | 191 | N/A | 34.7 | N/A | -57.4% |
| Others | 131 | 1.8 | 86.4 | 99.9 | -8.6% |
| Total | 1,106 | 428 | 1,800 | 2,343 | 28.4% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Indonesia in 2022:
- India (821.1 tons)
- South Korea (615.8 tons)
- Turkey (504.8 tons)
- Vietnam (169.6 tons)
- United States (0.7 tons)
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