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

Contents:

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

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

In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $720 per ton, with an increase of 33% against the previous year. Overall, the import price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2018 an increase of 95%. As a result, import price attained the peak level of $1,265 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 ($3,391 per ton), while the price for Poland ($570 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.5%), 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 Slovakia (FOB) - 2022

In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $836 per ton, which is down by -41.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 148% against the previous year. Over the period under review, the average export prices hit record highs at $1,422 per ton in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($1,250 per ton), while the average price for exports to Spain ($571 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 the Czech Republic (+12.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 143 tons of cotton waste (including yarn waste and garnetted stock) were imported into Slovakia; increasing by 6% on the year before. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 87%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $103K in 2022. In general, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 54% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic61.641.064.572.65.6%
GermanyN/A3.10.418.0141.0%
Poland0.50.77.511.8186.8%
Others1.92.40.20.3-46.0%
Total64.047.272.610317.2%

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

  1. Czech Republic (116.5 tons)
  2. Poland (20.7 tons)
  3. Germany (5.3 tons)

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

After two years of decline, overseas shipments of cotton waste (including yarn waste and garnetted stock) decreased by -40.2% to 207 kg in 2022. Overall, exports continue to indicate a precipitous descent.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) reduced sharply to $173 in 2022. Over the period under review, exports continue to indicate a dramatic downturn.

Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Slovakia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/A27.033.022.2%
FranceN/AN/A23.022.0-4.3%
ItalyN/AN/A29.015.0-48.3%
FinlandN/AN/A15.012.0-20.0%
AustriaN/AN/A14.011.0-21.4%
DenmarkN/AN/A12.010.0-16.7%
Hungary14,038N/A18410.0-91.1%
RomaniaN/AN/A27.09.0-66.7%
SwedenN/AN/A11.07.0-36.4%
LatviaN/AN/A7.05.0-28.6%
BulgariaN/AN/AN/A5.00%
SpainN/AN/A5.04.0-20.0%
Others9.0N/A13830.049.4%
Total14,047N/A492173-76.9%

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

  1. Czech Republic (28.0 kg)
  2. France (24.0 kg)
  3. Finland (19.0 kg)
  4. Austria (17.0 kg)
  5. Denmark (16.0 kg)
  6. Romania (15.0 kg)
  7. Hungary (14.0 kg)
  8. Italy (12.0 kg)
  9. Sweden (10.0 kg)
  10. Latvia (8.0 kg)
  11. Spain (7.0 kg)
  12. Bulgaria (7.0 kg)

Source: IndexBox Market Intelligence Platform

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