Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bahrain - 2022

Contents:

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

Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bahrain (FOB) - 2022

In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $881 per ton, surging by 39% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($1,443 per ton), while the average price for exports to Pakistan totaled $700 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bahrain (CIF) - 2022

In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $2,491 per ton, jumping by 23% against the previous year. Overall, the import price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 290%. As a result, import price attained the peak level of $3,566 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,493 per ton), while the price for the United Arab Emirates totaled $2,474 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.6%), 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 Bahrain

In 2022, overseas shipments of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -33.3% to 750 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 112%. As a result, the exports attained the peak of 1.9K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste declined to $661K in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 96% against the previous year. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Bahrain in 2022:

1. Pakistan (567.0 tons)
2. Taiwan (Chinese) (182.9 tons)

Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bahrain

In 2022, supplies from abroad of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -17.5% to 12 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 222%. As a result, imports reached the peak of 15 tons, and then shrank dramatically in the following year.

In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste stood at $31K in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 493%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Bahrain in 2022:

1. United Arab Emirates (12.1 tons)
2. India (0.2 tons)

Source: IndexBox Market Intelligence Platform