Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Algeria - 2022

Contents:

1. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Algeria (CIF) - 2022
2. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Algeria (FOB) - 2022
3. Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Algeria
4. Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Algeria

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Algeria (CIF) - 2022

In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $816 per ton, falling by -30.4% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 40%. Over the period under review, average import prices reached the maximum at $1,278 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 China ($1,712 per ton), while the price for Morocco ($219 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Algeria (FOB) - 2022

The average export price for cotton waste (including yarn waste and garnetted stock) stood at $566 per ton in 2022, shrinking by -13.9% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 54%. Over the period under review, the average export prices reached the peak figure at $1,460 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +15.0% per year.

Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Algeria

After three years of growth, overseas purchases of cotton waste (including yarn waste and garnetted stock) decreased by -9.2% to 989 tons in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 69% against the previous year.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) shrank significantly to $807K in 2022. In general, imports, however, saw a perceptible expansion. The pace of growth was the most pronounced in 2020 with an increase of 88%. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Algeria in 2022:

1. Tunisia (340.9 tons)
2. Pakistan (325.4 tons)
3. France (115.0 tons)
4. India (64.3 tons)
5. Morocco (51.3 tons)
6. Spain (45.3 tons)
7. China (32.0 tons)

Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Algeria

In 2022, after two years of growth, there was significant decline in overseas shipments of cotton waste (including yarn waste and garnetted stock), when their volume decreased by -17.6% to 1.2K tons. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 905% against the previous year. As a result, the exports attained the peak of 1.4K tons, and then dropped significantly in the following year.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) shrank sharply to $654K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,443% against the previous year. As a result, the exports reached the peak of $922K, and then fell rapidly in the following year.

Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Algeria in 2022:

1. Turkey (1.2K tons)

Source: IndexBox Market Intelligence Platform