Price for Cotton; Garnetted Stock Waste in Italy - 2023

Contents:

1. Price for Cotton; Garnetted Stock Waste in Italy (CIF) - 2023
2. Price for Cotton; Garnetted Stock Waste in Italy (FOB) - 2023
3. Imports of Cotton; Garnetted Stock Waste in Italy
4. Exports of Cotton; Garnetted Stock Waste in Italy

Price for Cotton; Garnetted Stock Waste in Italy (CIF) - 2023

In August 2023, the average cotton; garnetted stock waste import price amounted to $2,329 per ton, rising by 6.7% against the previous month. In general, the import price enjoyed a buoyant increase. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 57% m-o-m. As a result, import price attained the peak level of $2,816 per ton. From June 2023 to August 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was India ($2,981 per ton), while the price for Spain ($1,047 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton; Garnetted Stock Waste in Italy (FOB) - 2023

In August 2023, the average cotton; garnetted stock waste export price amounted to $350 per ton, waning by -35.7% against the previous month. Overall, the export price, however, enjoyed a notable expansion. The growth pace was the most rapid in February 2023 an increase of 52% m-o-m. As a result, the export price reached the peak level of $591 per ton. From March 2023 to August 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($451 per ton), while the average price for exports to Germany amounted to $261 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton; Garnetted Stock Waste in Italy

In 2022, approx. 1.8K tons of cotton; garnetted stock waste were imported into Italy; dropping by -50.9% against 2021 figures. Overall, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 146% against the previous year. As a result, imports attained the peak of 3.6K tons, and then fell sharply in the following year.

In value terms, cotton; garnetted stock waste imports fell notably to $2.8M in 2022. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 184% against the previous year. As a result, imports attained the peak of $3.8M, and then declined notably in the following year.

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

1. Turkey (620.9 tons)
2. Spain (516.5 tons)
3. Pakistan (357.5 tons)
4. Uzbekistan (124.5 tons)
5. India (70.6 tons)
6. Egypt (47.6 tons)

Exports of Cotton; Garnetted Stock Waste in Italy

In 2022, shipments abroad of cotton; garnetted stock waste was finally on the rise to reach 1.7K tons after two years of decline. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cotton; garnetted stock waste exports surged to $585K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (1118.5 tons)
2. Serbia (304.0 tons)
3. Malaysia (253.4 tons)
4. Brazil (38.9 tons)

Source: IndexBox Market Intelligence Platform