Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United Arab Emirates - 2022

Contents:

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

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United Arab Emirates (CIF) - 2022

The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,136 per ton in 2022, jumping by 58% against the previous year. Over the period under review, the import price saw a resilient increase. The pace of growth appeared the most rapid in 2015 an increase of 107%. Over the period under review, average import prices hit record highs at $2,437 per ton in 2016; however, from 2017 to 2022, 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 Turkey ($2,500 per ton), while the price for India ($612 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+36.0%), 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 the United Arab Emirates (FOB) - 2022

The average export price for cotton waste (including yarn waste and garnetted stock) stood at $685 per ton in 2022, with a decrease of -8.4% against the previous year. In general, the export price recorded a slight decline. The growth pace was the most rapid in 2014 when the average export price increased by 29%. The export price peaked at $810 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($707 per ton), while the average price for exports to Tanzania ($68 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 Oman (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United Arab Emirates

In 2022, supplies from abroad of cotton waste (including yarn waste and garnetted stock) decreased by -15.5% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 35%.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) surged to $1.3M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +87.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to the United Arab Emirates in 2022:

1. Pakistan (465.7 tons)
2. Mozambique (399.0 tons)
3. India (280.2 tons)

Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United Arab Emirates

After three years of growth, overseas shipments of cotton waste (including yarn waste and garnetted stock) decreased by -44.4% to 722 tons in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 64%. As a result, the exports attained the peak of 1.3K tons, and then reduced sharply in the following year.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) dropped markedly to $494K in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. As a result, the exports reached the peak of $970K, and then dropped dramatically in the following year.

Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from the United Arab Emirates in 2022:

1. Oman (551.6 tons)
2. Pakistan (156.6 tons)
3. Tanzania (12.0 tons)

Source: IndexBox Market Intelligence Platform