Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Australia - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Australia (CIF) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Australia
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Australia (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $6,193 per ton in 2022, with an increase of 103% against the previous year. Overall, the import price, however, saw a deep setback. The pace of growth was the most pronounced in 2017 an increase of 343%. The import price peaked at $40,797 per ton in 2012; however, from 2013 to 2022, 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 the United States ($23,465 per ton), while the price for Turkey ($904 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Australia
Imports of cotton; waste other than garnetted stock and yarn (including thread) waste into Australia shrank markedly to 3.6 tons in 2022, which is down by -68.6% on 2021. Over the period under review, imports recorded a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste declined sharply to $22K in 2022. Overall, imports saw a sharp decrease. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 9.4 | 0% |
| India | 12.7 | 22.5 | 30.6 | 8.9 | -11.2% |
| Italy | 10.9 | 3.6 | 1.4 | 3.8 | -29.6% |
| Turkey | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | 0.1 | N/A | N/A | 0.1 | 0.0% |
| New Zealand | 16.2 | N/A | N/A | N/A | 0% |
| Vietnam | N/A | N/A | 3.1 | N/A | 0% |
| Sweden | 0.7 | 4.9 | 0.2 | N/A | -46.5% |
| Pakistan | 4.1 | N/A | N/A | N/A | 0% |
| Others | 3.0 | N/A | 0.1 | 0.2 | -59.5% |
| Total | 47.9 | 31.0 | 35.4 | 22.5 | -22.3% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Australia in 2022:
- India (2529.0 kg)
- Italy (500.0 kg)
- United States (400.0 kg)
- Thailand (121.0 kg)
- Turkey (73.0 kg)
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