Price for Cotton; Sewing Thread, Put Up for Retail Sale in the United Arab Emirates - 2022

Contents:

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

Price for Cotton; Sewing Thread, Put Up for Retail Sale in the United Arab Emirates (CIF) - 2022

The average import price for cotton; sewing thread, put up for retail sale stood at $8,427 per ton in 2022, rising by 39% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the average import price increased by 54% against the previous year. The import price peaked at $9,673 per ton in 2016; however, from 2017 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 India ($11,635 per ton), while the price for Oman ($1,389 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $19,983 per ton, approximately equating the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cotton; sewing thread, put up for retail sale increased by +29.5% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by 33%. The export price peaked at $20,175 per ton in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($32,097 per ton), while the average price for exports to Rwanda ($6,983 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in overseas purchases of cotton; sewing thread, put up for retail sale, when their volume decreased by -44.9% to 78 tons. Over the period under review, imports recorded a noticeable reduction. The growth pace was the most rapid in 2020 with an increase of 53%.

In value terms, imports of cotton; sewing thread, put up for retail sale fell sharply to $661K in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. As a result, imports reached the peak of $974K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3533412303590.6%
China194445464186-1.4%
Pakistan67.917486.547.7-11.1%
Taiwan (Chinese)19.73.917.614.0-10.8%
Oman0.12.81.54.7260.9%
Morocco5.23.78.01.0-42.3%
Saudi ArabiaN/AN/A23.2N/A0%
Others16.24.230.848.944.5%
Total6579748626610.2%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to the United Arab Emirates in 2022:

  1. India (30.8 tons)
  2. China (30.5 tons)
  3. Pakistan (9.6 tons)
  4. Oman (3.4 tons)
  5. Taiwan (Chinese) (1.4 tons)
  6. Morocco (0.9 tons)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in the United Arab Emirates

In 2022, overseas shipments of cotton; sewing thread, put up for retail sale decreased by -22.6% to 9.4 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2020 when exports increased by 263% against the previous year. As a result, the exports attained the peak of 38 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cotton; sewing thread, put up for retail sale shrank notably to $188K in 2022. In general, exports, however, enjoyed a modest increase. The growth pace was the most rapid in 2020 with an increase of 226% against the previous year. As a result, the exports attained the peak of $586K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman1175051881447.2%
Rwanda3.86.11.99.736.7%
Burkina FasoN/AN/AN/A7.90%
Zambia9.40.3N/A4.6-21.2%
Zimbabwe1.917.11.8N/A-2.7%
Congo2.22.0N/AN/A-9.1%
TurkeyN/A38.4N/AN/A0%
Others46.017.453.221.1-22.9%
Total1805862451881.5%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from the United Arab Emirates in 2022:

  1. Oman (6.6 tons)
  2. Rwanda (1.4 tons)
  3. Burkina Faso (0.7 tons)
  4. Zambia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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