Price for Cotton; Garnetted Stock Waste in China - 2023

Contents:

1. Price for Cotton; Garnetted Stock Waste in China (FOB) - 2022
2. Price for Cotton; Garnetted Stock Waste in China (CIF) - 2022
3. Exports of Cotton; Garnetted Stock Waste in China
4. Imports of Cotton; Garnetted Stock Waste in China

Price for Cotton; Garnetted Stock Waste in China (FOB) - 2022

In 2022, the average cotton; garnetted stock waste export price amounted to $1,521 per ton, which is down by -16.7% against the previous year. Overall, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 an increase of 88%. Over the period under review, the average export prices hit record highs at $2,143 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($10,957 per ton), while the average price for exports to Kazakhstan ($551 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cotton; Garnetted Stock Waste in China (CIF) - 2022

In 2022, the average cotton; garnetted stock waste import price amounted to $1,797 per ton, remaining constant against the previous year. In general, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 50% against the previous year. Over the period under review, average import prices hit record highs at $1,801 per ton in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,541 per ton), while the price for the United States ($938 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+85.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cotton; Garnetted Stock Waste in China

After two years of decline, shipments abroad of cotton; garnetted stock waste increased by 54% to 520 tons in 2022. Overall, exports, however, showed a precipitous contraction.

In value terms, cotton; garnetted stock waste exports skyrocketed to $790K in 2022. In general, exports, however, showed a abrupt setback.

Top Export Markets for Cotton; Garnetted Stock Waste from China in 2022:

1. Chile (228.2 tons)
2. Nicaragua (179.3 tons)
3. Kazakhstan (38.3 tons)
4. Italy (33.0 tons)
5. United Kingdom (7.8 tons)

Imports of Cotton; Garnetted Stock Waste in China

In 2022, imports of cotton; garnetted stock waste into China expanded rapidly to 633 tons, surging by 5.6% against the previous year's figure. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 6.3% against the previous year. As a result, imports attained the peak of 666 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cotton; garnetted stock waste imports stood at $1.1M in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 34%. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Cotton; Garnetted Stock Waste to China in 2022:

1. United States (481.4 tons)
2. India (150.7 tons)

Source: IndexBox Market Intelligence Platform