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

Contents:

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

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

The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,329 per ton in December 2023, dropping by -4.2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 16% month-to-month. The import price peaked at $1,662 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 Germany ($1,996 per ton), while the price for Belgium ($374 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 Italy (+2.6%), 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 France (FOB) - 2022

The average export price for cotton waste (including yarn waste and garnetted stock) stood at $1,275 per ton in 2022, with an increase of 15% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 waste (including yarn waste and garnetted stock) increased by +22.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,151 per ton), while the average price for exports to the Czech Republic ($331 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 (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of cotton waste (including yarn waste and garnetted stock) imported into France amounted to 19K tons, growing by 8.2% on 2021 figures. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $27M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.85.56.810.931.4%
Pakistan7.48.68.68.02.6%
IndiaN/A1.30.92.230.1%
Turkey3.12.80.92.0-13.6%
Spain0.20.30.91.595.7%
Italy0.71.00.81.116.3%
Belgium0.70.60.70.84.6%
Others0.60.60.50.914.5%
Total17.420.620.127.316.2%

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

  1. Germany (5.7K tons)
  2. Pakistan (4.3K tons)
  3. Spain (2.3K tons)
  4. Belgium (1.8K tons)
  5. Italy (1.6K tons)
  6. India (1.3K tons)
  7. Turkey (1.2K tons)

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

For the third consecutive year, France recorded decline in overseas shipments of cotton waste (including yarn waste and garnetted stock), which decreased by -10.1% to 10K tons in 2022. In general, exports saw a abrupt setback. The smallest decline of -4.3% was in 2021.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) totaled $13M in 2022. Overall, exports saw a abrupt decrease.

Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.64.03.53.92.7%
United States1.62.02.52.414.5%
United Kingdom6.93.03.22.3-30.7%
Poland1.21.71.31.32.7%
SwitzerlandN/AN/A0.31.1266.7%
Czech Republic0.60.50.60.60.0%
Italy0.30.20.40.410.1%
Russia0.20.20.2N/A0.0%
Others1.30.80.71.2-2.6%
Total15.512.412.713.1-5.5%

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

  1. Germany (2.0K tons)
  2. United Kingdom (1.9K tons)
  3. Czech Republic (1.8K tons)
  4. Poland (1.4K tons)
  5. United States (1.1K tons)
  6. Switzerland (0.7K tons)
  7. Italy (0.4K tons)

Source: IndexBox Market Intelligence Platform

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