Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kenya - 2022
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kenya (CIF) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kenya (FOB) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kenya
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kenya
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kenya (CIF) - 2022
In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $1,294 per ton, increasing by 54% against the previous year. In general, the import price recorded a temperate expansion. The pace of growth appeared the most rapid in 2020 an increase of 71% against the previous year. 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 India ($2,667 per ton), while the price for Burundi ($24 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+43.5%), 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 Kenya (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $2,297 per ton in 2022, which is down by -3.8% against the previous year. Overall, the export price, however, showed a prominent expansion. The growth pace was the most rapid in 2017 when the average export price increased by 91% against the previous year. The export price peaked at $2,388 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($8,373 per ton), while the average price for exports to Uganda ($219 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 South Sudan (+28.1%), 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 Kenya
In 2022, approx. 939 tons of cotton waste (including yarn waste and garnetted stock) were imported into Kenya; picking up by 31% against 2021. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.7% 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 +84.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 64%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) soared to $1.2M in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 180% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 210 | 383 | 395 | 501 | 33.6% |
| Pakistan | 24.3 | 84.8 | 87.4 | 427 | 160.0% |
| India | 15.8 | 142 | 68.4 | 217 | 139.5% |
| Uganda | 10.7 | 93.1 | 2.9 | 28.5 | 38.6% |
| Vietnam | N/A | N/A | 37.5 | 27.5 | -26.7% |
| Mauritius | 12.4 | 17.7 | 7.5 | 12.3 | -0.3% |
| Burundi | N/A | N/A | N/A | 0.4 | 0% |
| Turkey | 73.8 | 228 | N/A | N/A | 208.9% |
| Others | 3.3 | 33.7 | 0.9 | 1.6 | -21.4% |
| Total | 350 | 982 | 600 | 1,216 | 51.5% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Kenya in 2022:
- Tanzania (577.7 tons)
- Pakistan (168.0 tons)
- India (81.5 tons)
- Mauritius (50.3 tons)
- Uganda (24.3 tons)
- Burundi (18.0 tons)
- Vietnam (15.4 tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kenya
In 2022, approx. 1.6 tons of cotton waste (including yarn waste and garnetted stock) were exported from Kenya; which is down by -77% on the year before. Over the period under review, exports faced a dramatic downturn. The smallest decline of -49.1% was in 2021.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) dropped rapidly to $3.7K in 2022. Overall, exports saw a significant contraction. The smallest decline of -23.4% was in 2020.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Sudan | 14.9 | 17.6 | 9.1 | 3.0 | -41.4% |
| Uganda | 4.4 | 1.9 | 0.7 | 0.2 | -64.3% |
| Rwanda | 1.0 | 1.3 | 4.8 | 0.1 | -53.6% |
| China | 1.5 | 0.6 | 0.1 | N/A | -74.2% |
| United States | 3.9 | N/A | N/A | N/A | 0% |
| Tanzania | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Others | 2.7 | 0.3 | 1.8 | 0.3 | -51.9% |
| Total | 28.5 | 21.9 | 16.5 | 3.7 | -49.4% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Kenya in 2022:
- Uganda (983.0 kg)
- South Sudan (354.0 kg)
- Tanzania (92.0 kg)
- Rwanda (62.0 kg)
- Singapore (31.0 kg)
- China (13.0 kg)
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