Canada - Cotton Lint - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCotton Lint Price in Canada - 2023
Contents:
- Cotton Lint Price in Canada (CIF) - 2022
- Cotton Lint Price in Canada (FOB) - 2022
- Cotton Lint Imports in Canada
- Cotton Lint Exports in Canada
Cotton Lint Price in Canada (CIF) - 2022
The average cotton lint import price stood at $3,386 per ton in 2022, with an increase of 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 India ($12,086 per ton), while the price for Pakistan ($2,878 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Cotton Lint Price in Canada (FOB) - 2022
The average cotton lint export price stood at $1,630 per ton in 2022, which is down by -4.2% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2018 an increase of 28% against the previous year. The export price peaked at $3,299 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($1,647 per ton), while the average price for exports to India totaled $1,598 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.9%), while the prices for the other major destinations experienced a decline.
Cotton Lint Imports in Canada
In 2022, approx. 421 tons of cotton lint were imported into Canada; with an increase of 11% compared with the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, cotton lint imports skyrocketed to $1.4M in 2022. Over the period under review, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cotton Lint in Canada (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 552 | 278 | 418 | 692 | 7.8% |
Turkey | 235 | 361 | 443 | 417 | 21.1% |
Pakistan | 1.1 | 5.7 | 18.7 | 282 | 535.3% |
Others | 75.4 | 68.5 | 89.2 | 37.0 | -21.1% |
Total | 864 | 714 | 969 | 1,427 | 18.2% |
Top Suppliers of Cotton Lint to Canada in 2022:
- United States (175.9 tons)
- Turkey (144.1 tons)
- Pakistan (97.8 tons)
Cotton Lint Exports in Canada
In 2022, shipments abroad of cotton lint decreased by -52.8% to 10 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 257%.
In value terms, cotton lint exports declined remarkably to $17K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 239%.
Export of Cotton Lint in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | N/A | N/A | N/A | 11.2 | 0% |
India | N/A | N/A | N/A | 5.6 | 0% |
Benin | N/A | N/A | 28.7 | N/A | 0% |
United States | 3.7 | 12.7 | 1.2 | N/A | -43.1% |
Italy | N/A | 1.6 | 7.1 | N/A | 343.7% |
Others | 0.6 | N/A | 0.7 | 0.3 | -20.6% |
Total | 4.2 | 14.4 | 37.7 | 17.1 | 59.7% |
Top Export Markets for Cotton Lint from Canada in 2022:
- Argentina (6.8 tons)
- India (3.5 tons)
This report provides an in-depth analysis of the cotton lint market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 767 - Cotton Lint
- FCL 328 - [Seed Cotton]
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Cotton lint is a crucial commodity in the textile industry, serving as the primary raw material for spinning yarn and weaving fabrics. The global demand for cotton lint has been steadily increasing as countries strive to meet the growing needs of their textile industries. In this article, we will explore the top import markets for cotton lint, backed by data from the IndexBox market intelligence platform.
In 2022, cotton prices are expected to gain 5% y/y, as last year's ending stocks are rapidly reduced amid strong global demand outpacing available supply. Last year, the average cotton price soared by 41% y/y to $2.23 per kg.
After stagnating during the pandemic, the textile industry has begun to strongly recover and the demand for cotton has risen. It is expected that cotton consumption in 2021 will grow faster than the supply. This will lead to a reduction in global cotton stocks and higher prices. The issues of sustainability and ethical background become increasingly important in the transformation of cotton supply chains.
Global cotton lint consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global cotton lint exports amounted to X thousand tons in 2015, reducing by -X% against the previous year level.
Global cotton lint imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the countries with the highest levels of cotton lint production were India (X thousand tons), China (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
India dominates in the global cotton lint trade. In 2014, India exported X thousand tons of cotton lint totaling X million USD, X% under the previous year. Its primary trading partner was China, where it supplied X% of its total cotton lint expor
Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.