Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Mexico - 2022
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Mexico (CIF) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Mexico (FOB) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Mexico
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Mexico
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Mexico (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,834 per ton in 2022, surging by 8.2% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cotton waste (including yarn waste and garnetted stock) increased by +103.8% against 2013 indices. The growth pace was the most rapid in 2014 an increase of 8.2%. The import price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +11.8% per year.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Mexico (FOB) - 2022
In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $1,999 per ton, with an increase of 9% against the previous year. Overall, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 56%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +15.7% per year.
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Mexico
In 2022, imports of cotton waste (including yarn waste and garnetted stock) into Mexico contracted to 2.8K tons, approximately equating the year before. Overall, imports saw a drastic downturn.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) expanded sharply to $5.1M in 2022. In general, imports, however, saw a relatively flat trend pattern. 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 Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.0 | 4.8 | 4.7 | 5.1 | 0.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.0 | 4.8 | 4.7 | 5.1 | 0.7% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Mexico in 2022:
- United States (2.8K tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Mexico
Exports of cotton waste (including yarn waste and garnetted stock) from Mexico dropped significantly to 572 tons in 2022, which is down by -35.8% against 2021. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when exports increased by 7.8% against the previous year.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) fell remarkably to $1.1M in 2022. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. As a result, the exports reached the peak of $1.6M, and then shrank notably in the following year.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.5 | 1.4 | 1.6 | 1.1 | -9.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.5 | 1.4 | 1.6 | 1.1 | -9.8% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Mexico in 2022:
- United States (571.8 tons)
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