Price for Cotton; Yarn Waste (Including Thread Waste) in Austria - 2023

Price for Cotton; Yarn Waste (Including Thread Waste) in Austria (CIF) - 2022

In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $2,635 per ton, remaining constant against the previous year. Over the period under review, the import price, however, showed a mild increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 67% against the previous year. Over the period under review, average import prices reached the maximum at $4,497 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,663 per ton), while the price for Turkey totaled $2,322 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the prices for the other major suppliers experienced a decline.

Price for Cotton; Yarn Waste (Including Thread Waste) in Austria (FOB) - 2022

The average export price for cotton; yarn waste (including thread waste) stood at $1,500 per ton in 2022, which is down by -41.7% against the previous year. Over the period under review, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 69%. Over the period under review, the average export prices hit record highs at $5,548 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to +122.1% per year.

Imports of Cotton; Yarn Waste (Including Thread Waste) in Austria

In 2022, purchases abroad of cotton; yarn waste (including thread waste) decreased by -28.3% to 1.1 tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 171% against the previous year. As a result, imports reached the peak of 1.5 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cotton; yarn waste (including thread waste) dropped dramatically to $2.8K in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 291%. As a result, imports reached the peak of $6.4K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cotton; Yarn Waste (Including Thread Waste) in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.5	2.1	3.7	2.6	20.1%
Turkey	N/A	N/A	N/A	0.2	0%
Bangladesh	N/A	4.3	N/A	N/A	0%
Others	0.1	N/A	0.2	N/A	41.4%
Total	1.6	6.4	3.9	2.8	20.5%

Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Austria in 2022:

Germany (967.0 kg)
Turkey (87.0 kg)

Exports of Cotton; Yarn Waste (Including Thread Waste) in Austria

In 2022, overseas shipments of cotton; yarn waste (including thread waste) decreased by 99.9% to 4 kg, falling for the second year in a row after two years of growth. Overall, exports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 852%. As a result, the exports reached the peak of 76 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cotton; yarn waste (including thread waste) reduced dramatically to $6 in 2022. Over the period under review, exports faced a dramatic shrinkage. The growth pace was the most rapid in 2020 when exports increased by 817%. As a result, the exports reached the peak of $123K. From 2021 to 2022, the growth of the exports of remained at a lower figure.