Price for Cotton; Sewing Thread, Put Up for Retail Sale in Luxembourg - 2023

Contents:

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

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

The average import price for cotton; sewing thread, put up for retail sale stood at $17,573 per ton in 2022, dropping by -17.9% against the previous year. Over the period under review, the import price saw a deep setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 53%. Over the period under review, average import prices reached the maximum at $59,430 per ton in 2012; however, from 2013 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 Belgium ($27,985 per ton), while the price for Germany ($6,966 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-6.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for cotton; sewing thread, put up for retail sale stood at $30,842 per ton in 2022, shrinking by -11.6% against the previous year. In general, the export price, however, recorded a slight increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 375%. The export price peaked at $89,000 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($31,200 per ton), while the average price for exports to Belgium amounted to $30,714 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.9%).

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

In 2022, supplies from abroad of cotton; sewing thread, put up for retail sale decreased by -46.1% to 621 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 26% against the previous year.

In value terms, imports of cotton; sewing thread, put up for retail sale declined rapidly to $11K in 2022. Over the period under review, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 22%. As a result, imports reached the peak of $25K, and then declined dramatically in the following year.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5.52.72.65.50.0%
France7.213.014.73.1-24.5%
Germany1.52.54.30.8-18.9%
SingaporeN/AN/A0.20.20.0%
ItalyN/AN/AN/A0.10%
China0.3N/AN/AN/A0%
Others4.62.02.81.2-36.1%
Total19.220.324.710.9-17.2%

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

  1. France (272.0 kg)
  2. Belgium (195.0 kg)
  3. Germany (118.0 kg)
  4. Singapore (16.0 kg)
  5. Italy (10.0 kg)

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

Exports of cotton; sewing thread, put up for retail sale from Luxembourg skyrocketed to 19 kg in 2022, with an increase of 19% compared with the year before. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 4,700% against the previous year. As a result, the exports attained the peak of 48 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cotton; sewing thread, put up for retail sale rose markedly to $586 in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 10,900%. As a result, the exports reached the peak of $1.6K. 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 Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A4300%
France15.01,577558156118.3%
OthersN/A73.0N/AN/A0%
Total15.01,650558586239.3%

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

  1. Belgium (14.0 kg)
  2. France (5.0 kg)

Source: IndexBox Market Intelligence Platform

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