Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Belgium - 2023
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Belgium (FOB) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Belgium (CIF) - 2023
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Belgium
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Belgium
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Belgium (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $1,643 per ton in 2022, rising by 32% against the previous year. Overall, the export price enjoyed a strong increase. The growth pace was the most rapid in 2020 an increase of 112%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,832 per ton), while the average price for exports to the UK ($326 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 Germany (+14.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Belgium (CIF) - 2023
In December 2023, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $1,643 per ton, shrinking by -2.5% against the previous month. Over the period under review, the import price saw a mild reduction. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 9.8% m-o-m. Over the period under review, average import prices hit record highs at $2,079 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($2,023 per ton), while the price for Bangladesh ($623 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by El Salvador (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Belgium
In 2022, approx. 25K tons of cotton waste (including yarn waste and garnetted stock) were exported from Belgium; rising by 15% compared with 2021. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 624% against the previous year. As a result, the exports attained the peak of 28K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) soared to $41M in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,435% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.1 | 22.7 | 25.7 | 39.8 | 635.6% |
| France | 0.8 | 1.5 | 0.7 | 0.8 | 0.0% |
| United Kingdom | 0.5 | 0.3 | 0.5 | 0.5 | 0.0% |
| Others | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Total | 1.6 | 24.8 | 27.2 | 41.4 | 195.8% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Belgium in 2022:
- Germany (21.7K tons)
- United Kingdom (1.5K tons)
- France (1.5K tons)
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Belgium
Imports of cotton waste (including yarn waste and garnetted stock) into Belgium soared to 20K tons in 2022, picking up by 23% compared with the year before. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 5,967%. As a result, imports reached the peak of 24K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) soared to $37M in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 5,712%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 17.0 | 12.6 | 23.5 | 17.6% |
| Turkey | 0.1 | 10.5 | 8.7 | 11.5 | 386.3% |
| Others | 0.4 | 2.5 | 1.4 | 1.7 | 62.0% |
| Total | 0.5 | 30.0 | 22.8 | 36.7 | 318.7% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Belgium in 2022:
- India (13.1K tons)
- Turkey (5.7K tons)
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