Price for Cotton; Garnetted Stock Waste in Kuwait - 2022

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

In 2022, the average cotton; garnetted stock waste import price amounted to $2,641 per ton, rising by 20% against the previous year. Overall, the import price continues to indicate temperate growth. The pace of growth was the most pronounced in 2015 an increase of 115%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain 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 Pakistan ($3,929 per ton), while the price for China stood at $2,511 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+13.2%).

Imports of Cotton; Garnetted Stock Waste in Kuwait

For the third consecutive year, Kuwait recorded decline in overseas purchases of cotton; garnetted stock waste, which decreased by -46.1% to 153 kg in 2022. In general, imports recorded a dramatic setback. The smallest decline of -45.9% was in 2021.

In value terms, cotton; garnetted stock waste imports shrank sharply to $404 in 2022. Overall, imports recorded a significant decrease. The smallest decline of -35.4% was in 2020.