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

Contents:

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

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

The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $950 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 21%. As a result, import price attained the peak level of $2,014 per ton. From 2015 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 highest price was recorded for prices from Peru ($1,344 per ton) and India ($1,009 per ton), while the price for the United States ($923 per ton) and Brazil ($944 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+2.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $785 per ton, dropping by -47.2% against the previous year. Overall, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2018 an increase of 71%. As a result, the export price reached the peak level of $2,843 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($1,418 per ton), while the average price for exports to Singapore ($335 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+1.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of cotton; waste other than garnetted stock and yarn (including thread) waste into Ecuador skyrocketed to 527 tons, jumping by 37% compared with the previous year's figure. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 815% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste surged to $500K in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 654%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. United States (380.7 tons)
2. Brazil (95.3 tons)
3. India (19.6 tons)
4. Peru (18.7 tons)

Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Ecuador

In 2022, approx. 782 kg of cotton; waste other than garnetted stock and yarn (including thread) waste were exported from Ecuador; jumping by 592% against the previous year's figure. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,952%. As a result, the exports reached the peak of 4 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste skyrocketed to $614 in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,923%. As a result, the exports reached the peak of $6.8K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Switzerland (325.0 kg)
2. Singapore (257.0 kg)
3. Colombia (200.0 kg)

Source: IndexBox Market Intelligence Platform