Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bangladesh - 2022
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bangladesh (FOB) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bangladesh (CIF) - 2022
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bangladesh
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bangladesh
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bangladesh (FOB) - 2022
In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $381 per ton, picking up by 13% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 30% against the previous year. The export price peaked at $384 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.4% per year.
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bangladesh (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,054 per ton in 2022, surging by 75% against the previous year. In general, the import price, however, saw a perceptible setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 92% against the previous year. Over the period under review, average import prices hit record highs at $2,556 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,362 per ton), while the price for Togo ($284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+35.4%), 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 Bangladesh
In 2022, exports of cotton; waste other than garnetted stock and yarn (including thread) waste from Bangladesh surged to 36K tons, rising by 23% compared with the previous year's figure. The total export volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 25%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste surged to $14M in 2022. The total export value increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.7 | 11.4 | 9.7 | 13.3 | 11.1% |
| Others | 0.2 | 0.2 | 0.1 | 0.3 | 14.5% |
| Total | 9.8 | 11.6 | 9.8 | 13.6 | 11.5% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Bangladesh in 2022:
- India (35.3K tons)
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bangladesh
In 2022, supplies from abroad of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -20.5% to 7K tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 508% against the previous year. As a result, imports reached the peak of 12K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste skyrocketed to $7.4M in 2022. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 93%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 6.5 | 4.8 | 5.7 | -6.4% |
| India | 0.8 | 0.1 | 0.3 | 1.5 | 23.3% |
| Benin | N/A | N/A | 0.1 | N/A | 0% |
| Spain | 2.7 | N/A | N/A | N/A | 0% |
| Cote d'Ivoire | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Togo | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 3.5 | 6.7 | 5.3 | 7.4 | 28.3% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Bangladesh in 2022:
- Brazil (5.6K tons)
- India (1.1K tons)
- Togo (0.1K tons)
- Benin (0.1K tons)
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