Price for Cotton; Sewing Thread, Put Up for Retail Sale in Indonesia - 2022

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Indonesia (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Indonesia (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Indonesia
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Indonesia

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Indonesia (CIF) - 2022

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $7,168 per ton, jumping by 194% against the previous year. Over the period under review, the import price enjoyed strong growth. Over the period under review, average import prices reached the peak figure at $7,947 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($41,000 per ton), while the price for China ($1,247 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+41.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Indonesia (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $27,439 per ton in 2022, remaining stable against the previous year. Overall, the export price recorded a noticeable increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 252% against the previous year. As a result, the export price attained the peak level of $39,657 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Timor-Leste amounted to +13.1% per year.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Indonesia

In 2022, overseas purchases of cotton; sewing thread, put up for retail sale were finally on the rise to reach 50 tons after two years of decline. Over the period under review, imports, however, showed a drastic downturn.

In value terms, imports of cotton; sewing thread, put up for retail sale skyrocketed to $355K in 2022. Overall, imports enjoyed a notable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR15217617.328423.2%
China15023.428.143.7-33.7%
Singapore7.44.60.316.129.6%
India9.918.83.33.5-29.3%
Others6.716.61.08.06.1%
Total32623950.03552.9%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Indonesia in 2022:

  1. China (35.1 tons)
  2. Hong Kong SAR (12.4 tons)
  3. Singapore (1.3 tons)
  4. India (0.3 tons)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Indonesia

In 2022, approx. 428 kg of cotton; sewing thread, put up for retail sale were exported from Indonesia; surging by 4.6% on 2021 figures. The total export volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 15%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of cotton; sewing thread, put up for retail sale expanded rapidly to $12K in 2022. The total export value increased at an average annual rate of +11.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Timor-Leste8.38.98.711.511.5%
Others0.3N/A2.40.30.0%
Total8.68.911.111.710.8%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Indonesia in 2022:

  1. Timor-Leste (422.0 kg)

Source: IndexBox Market Intelligence Platform

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