Price for Cotton; Garnetted Stock Waste in Peru - 2022

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

The average cotton; garnetted stock waste import price stood at $828 per ton in 2022, rising by 9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 an increase of 17%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($2,043 per ton), while the price for Spain ($694 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.9%), while the prices for the other major suppliers experienced a decline.

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

The average cotton; garnetted stock waste export price stood at $2,031 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 6.2% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2017 to 2022, the rate of growth in terms of prices for Brazil amounted to -22.3% per year.

Imports of Cotton; Garnetted Stock Waste in Peru

In 2022, supplies from abroad of cotton; garnetted stock waste was finally on the rise to reach 25 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt downturn.

In value terms, cotton; garnetted stock waste imports rose markedly to $21K in 2022. In general, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 12%.

Import of Cotton; Garnetted Stock Waste in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	N/A	15.6	N/A	19.8	12.7%
Spain	26.3	0.8	15.8	0.7	-70.1%
Chile	4.9	0.1	3.0	0.1	-72.7%
Others	N/A	0.3	N/A	N/A	0%
Total	31.2	16.8	18.8	20.7	-12.8%

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

Turkey (23.9 tons)
Spain (1.1 tons)
Chile (0.1 tons)

Exports of Cotton; Garnetted Stock Waste in Peru

In 2022, shipments abroad of cotton; garnetted stock waste decreased by 0% to 8.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a noticeable decrease. The smallest decline of 99.9% was in 2020.

In value terms, cotton; garnetted stock waste exports totaled $17K in 2022. Overall, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.