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

Contents:

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

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

The average import price for cotton; sewing thread, put up for retail sale stood at $10,025 per ton in 2022, picking up by 25% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cotton; sewing thread, put up for retail sale increased by +143.4% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 50% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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 Taiwan (Chinese) ($15,980 per ton), while the price for Turkey ($4,261 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+4.4%), 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 Jordan (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $13,384 per ton in 2022, remaining stable against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 58% against the previous year. The export price peaked at $22,292 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($14,973 per ton), while the average price for exports to Palestine stood at $13,091 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+5.1%).

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

In 2022, the amount of cotton; sewing thread, put up for retail sale imported into Jordan surged to 59 tons, rising by 125% against 2021. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton; sewing thread, put up for retail sale soared to $595K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt43.847.154.726381.8%
Pakistan6.411.632.396.4147.0%
Israel11.120.656.670.385.0%
Taiwan (Chinese)5.19.924.263.5131.8%
Oman6.47.616.136.879.2%
Turkey0.71.17.631.6256.1%
India0.11.56.716.7450.7%
China0.623.410.22.765.1%
Others0.52.72.513.9202.9%
Total74.712621159599.7%

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

  1. Pakistan (17.9 tons)
  2. Egypt (17.3 tons)
  3. Turkey (7.4 tons)
  4. Israel (6.9 tons)
  5. Taiwan (Chinese) (4.0 tons)
  6. Oman (2.8 tons)
  7. India (1.6 tons)
  8. China (0.5 tons)

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

In 2022, shipments abroad of cotton; sewing thread, put up for retail sale decreased by -84% to 203 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous slump. The growth pace was the most rapid in 2020 when exports increased by 100% against the previous year. As a result, the exports attained the peak of 2.3 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cotton; sewing thread, put up for retail sale fell notably to $2.7K in 2022. Overall, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by 99.9%. As a result, the exports attained the peak of $31K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Palestine15.72.317.02.2-48.1%
EgyptN/A29.0N/A0.6-85.6%
OthersN/AN/AN/AN/A0%
Total15.731.417.02.7-44.4%

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

  1. Palestine (165.0 kg)
  2. Egypt (37.0 kg)

Source: IndexBox Market Intelligence Platform

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