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

Contents:

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

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

The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $501 per ton in 2022, increasing by 29% against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of 42%. As a result, the export price attained the peak level of $2,355 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($693 per ton), while the average price for exports to Nigeria stood at $492 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+78.1%), 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 Cameroon (CIF) - 2022

In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,246 per ton, with a decrease of -3.8% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the average import price increased by 88% against the previous year. As a result, import price attained the peak level of $4,574 per ton. From 2015 to 2022, the average 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 ($22,000 per ton), while the price for India ($474 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.1%), 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 Cameroon

In 2022, exports of cotton; waste other than garnetted stock and yarn (including thread) waste from Cameroon dropped dramatically to 267 tons, waning by -57.1% against the year before. Over the period under review, exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 173%.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste fell markedly to $134K in 2022. In general, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 127% against the previous year.

Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria316106107126-26.4%
TurkeyN/AN/A1347.9-94.1%
China183N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total499106242134-35.5%

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

  1. Nigeria (255.3 tons)
  2. Turkey (11.3 tons)

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

In 2022, imports of cotton; waste other than garnetted stock and yarn (including thread) waste into Cameroon surged to 1.4 tons, rising by 23% compared with the year before. Overall, imports, however, faced a sharp descent.

In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste soared to $1.7K in 2022. Over the period under review, imports, however, recorded a dramatic setback.

Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5,5723,4621,1631,048-42.7%
China4503011295406.3%
Nigeria795412106101-49.7%
India25.018.07.09.0-28.9%
Others66830173.048.0-58.4%
Total7,5104,4941,4781,746-38.5%

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

  1. China (690.0 kg)
  2. France (644.0 kg)
  3. Nigeria (45.0 kg)
  4. India (19.0 kg)

Source: IndexBox Market Intelligence Platform

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