Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Norway - 2024

Contents:

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

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

In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $3,011 per ton, which is down by -32.2% against the previous year. Over the period under review, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of 48%. As a result, import price attained the peak level of $5,488 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,182 per ton), while the price for France ($1,369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Norway (FOB) - 2022

In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $6,258 per ton, increasing by 53% against the previous year. Over the period under review, the export price saw a buoyant expansion. The growth pace was the most rapid in 2018 an increase of 753% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($104,540 per ton), while the average price for exports to Sweden ($3,668 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 Denmark (+38.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of cotton waste (including yarn waste and garnetted stock) imported into Norway surged to 41 tons, increasing by 41% against 2021 figures. The total import volume increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) declined modestly to $123K in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 37%. As a result, imports attained the peak of $168K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Poland (16.4 tons)
2. Netherlands (9.6 tons)
3. France (9.3 tons)
4. Sweden (2.6 tons)
5. Belgium (1.9 tons)
6. Denmark (0.4 tons)

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

After two years of decline, overseas shipments of cotton waste (including yarn waste and garnetted stock) increased by 26% to 3.2 tons in 2022. Overall, exports, however, showed a significant decrease.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $20K in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Sweden (2940.0 kg)
2. Faroe Islands (88.0 kg)
3. United Kingdom (72.0 kg)
4. Denmark (50.0 kg)

Source: IndexBox Market Intelligence Platform