Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Algeria - 2022
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Algeria (FOB) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Algeria (CIF) - 2022
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Algeria
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Algeria
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Algeria (FOB) - 2022
The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $747 per ton in 2022, rising by 7.1% against the previous year. Over the period under review, export price indicated a significant expansion from 2020 to 2022: its price increased at an average annual rate of +33.4% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cotton; waste other than garnetted stock and yarn (including thread) waste increased by +78.0% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 66% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2020 to 2022, the rate of growth in terms of prices for Turkey amounted to +33.4% per year.
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Algeria (CIF) - 2022
In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,274 per ton, jumping by 24% against the previous year. In general, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 25%. Over the period under review, average import prices reached the maximum at $2,798 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($3,132 per ton), while the price for Turkey ($818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Algeria
After two years of growth, shipments abroad of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -64.3% to 326 tons in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 953% against the previous year. As a result, the exports attained the peak of 913 tons, and then shrank notably in the following year.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste fell markedly to $244K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,650%. As a result, the exports attained the peak of $638K, and then reduced rapidly in the following year.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Algeria (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Turkey | 36.4 | 573 | 244 | 158.9% |
| Pakistan | N/A | 64.2 | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 36.4 | 638 | 244 | 158.9% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Algeria in 2022:
- Turkey (326.0 tons)
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Algeria
In 2022, purchases abroad of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -61.6% to 138 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 146% against the previous year. As a result, imports attained the peak of 794 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste contracted rapidly to $175K in 2022. In general, imports faced a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 206% against the previous year. As a result, imports reached the peak of $768K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 108 | 281 | 166 | 76.5 | -10.9% |
| Pakistan | 19.4 | 153 | 99.1 | 69.4 | 52.9% |
| India | 24.2 | 44.9 | 28.9 | 20.2 | -5.8% |
| Spain | 99.1 | 288 | 74.2 | 9.3 | -54.6% |
| Others | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Total | 251 | 768 | 368 | 175 | -11.3% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Algeria in 2022:
- Turkey (93.6 tons)
- Pakistan (22.1 tons)
- India (12.9 tons)
- Spain (9.1 tons)
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