Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Bulgaria - 2023

Contents:

1. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Bulgaria (FOB) - 2023
2. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Bulgaria (CIF) - 2022
3. Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Bulgaria
4. Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Bulgaria

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Bulgaria (FOB) - 2023

In November 2023, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $3,337 per ton, approximately reflecting the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 3.7% month-to-month. The export price peaked at $3,337 per ton in June 2023; afterwards, it flattened through to November 2023.

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

From November 2022 to November 2023, the rate of growth in terms of prices for Greece amounted to +0.9% per month.

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

The average import price for cotton waste (including yarn waste and garnetted stock) stood at $2,704 per ton in 2022, with an increase of 22% against the previous year. Overall, the import price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2017 an increase of 87%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($6,000 per ton), while the price for Germany ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+4.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 526 tons of cotton waste (including yarn waste and garnetted stock) were exported from Bulgaria; growing by 30% against the previous year's figure. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 150% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) surged to $1.3M in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 182%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

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

1. Greece (526.4 tons)

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

In 2022, purchases abroad of cotton waste (including yarn waste and garnetted stock) decreased by -99% to 27 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a significant curtailment.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) declined significantly to $73 in 2022. Overall, imports faced a precipitous decline.

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

1. Germany (21.0 kg)
2. Belgium (4.0 kg)
3. Romania (2.0 kg)

Source: IndexBox Market Intelligence Platform