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

Contents:

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

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

The average export price for cotton waste (including yarn waste and garnetted stock) stood at $445 per ton in 2022, picking up by 4% against the previous year. Over the period under review, the export price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs at $726 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,097 per ton), while the average price for exports to India ($425 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 India (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cotton waste (including yarn waste and garnetted stock) stood at $765 per ton in 2022, declining by -4.1% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 38%. The import price peaked at $3,704 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Pakistan ($1,606 per ton), while the price for Benin ($267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (+31.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 60K tons of cotton waste (including yarn waste and garnetted stock) were exported from Bangladesh; surging by 13% on 2021. The total export volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) soared to $27M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. India (56.5K tons)
2. Sweden (1.2K tons)
3. Pakistan (1.0K tons)

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

In 2022, imports of cotton waste (including yarn waste and garnetted stock) into Bangladesh soared to 5.4K tons, with an increase of 62% compared with the previous year. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) surged to $4.2M in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 55%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. Brazil (3641.5 tons)
2. India (1116.1 tons)
3. Turkey (339.7 tons)
4. Spain (183.7 tons)
5. United States (86.9 tons)
6. Benin (31.7 tons)
7. Pakistan (1.4 tons)

Source: IndexBox Market Intelligence Platform