Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Belgium - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Belgium (FOB) - 2024
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Belgium (CIF) - 2024
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Belgium
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Belgium
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Belgium (FOB) - 2024
The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $26,672 per ton in February 2024, growing by 1,566% against the previous month. Over the period under review, the export price recorded a significant expansion. 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 overseas markets. In February 2024, the country with the highest price was Switzerland ($125K per ton), while the average price for exports to the UK stood at $10,310 per ton.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.1%), while the prices for the other major destinations experienced a decline.
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Belgium (CIF) - 2024
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,586 per ton in March 2024, picking up by 2.4% against the previous month. Over the period under review, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in August 2023 an increase of 11% month-to-month. Over the period under review, average import prices attained the peak figure at $2,110 per ton in April 2023; however, from May 2023 to March 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was India ($2,325 per ton), while the price for Costa Rica ($1,332 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by India (+1.0%), 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 Belgium
In 2022, approx. 22K tons of cotton; waste other than garnetted stock and yarn (including thread) waste were exported from Belgium; rising by 16% compared with the previous year's figure. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,375% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste soared to $40M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 9,788%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.1 | 22.5 | 25.7 | 39.8 | 635.6% |
| France | 0.1 | 1.0 | N/A | 0.3 | 44.2% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 0.2 | 23.6 | 25.8 | 40.1 | 485.3% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Belgium in 2022:
- Germany (21.3K tons)
- France (0.3K tons)
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Belgium
In 2022, approx. 20K tons of cotton; waste other than garnetted stock and yarn (including thread) waste were imported into Belgium; rising by 23% against the year before. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 8,065% against the previous year. As a result, imports reached the peak of 24K 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 surged to $37M in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 7,426%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 17.0 | 12.6 | 23.5 | 17.6% |
| Turkey | 0.1 | 10.5 | 8.7 | 11.5 | 386.3% |
| Others | 0.3 | 2.3 | 1.3 | 1.5 | 71.0% |
| Total | 0.4 | 29.8 | 22.7 | 36.5 | 350.2% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Belgium in 2022:
- India (13.1K tons)
- Turkey (5.7K tons)
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