Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Canada - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Canada (CIF) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Canada (FOB) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Canada
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Canada
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Canada (CIF) - 2022
In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $789 per ton, rising by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Turkey ($3,512 per ton), while the price for Italy ($550 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Canada (FOB) - 2022
The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,215 per ton in 2022, declining by -18.4% against the previous year. Over the period under review, the export price, however, recorded a measured increase. The growth pace was the most rapid in 2018 an increase of 52% against the previous year. The export price peaked at $1,489 per ton in 2021, and then shrank significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +89.0% per year.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Canada
In 2022, purchases abroad of cotton; waste other than garnetted stock and yarn (including thread) waste was finally on the rise to reach 2.8K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a dramatic decrease.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste skyrocketed to $2.2M in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,829 | 2,235 | 1,407 | 1,498 | -26.9% |
| Turkey | 289 | 243 | 205 | 462 | 16.9% |
| Italy | 0.3 | 2.4 | 2.5 | 134 | 664.4% |
| Others | 0.6 | 33.0 | 5.0 | 123 | 489.6% |
| Total | 4,119 | 2,513 | 1,619 | 2,217 | -18.7% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Canada in 2022:
- United States (2413.9 tons)
- Italy (243.5 tons)
- Turkey (131.6 tons)
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Canada
In 2022, shipments abroad of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -92.7% to 5.8 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,706%. As a result, the exports attained the peak of 79 tons, and then declined rapidly in the following year.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste shrank rapidly to $7.1K in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,968%. As a result, the exports attained the peak of $118K, and then reduced notably in the following year.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.3 | 5.7 | 117 | 7.1 | 76.1% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 1.3 | 5.7 | 118 | 7.1 | 76.1% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Canada in 2022:
- United States (5.8 tons)
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