Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Estonia - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Estonia (CIF) - 2024
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Estonia (FOB) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Estonia
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Estonia
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Estonia (CIF) - 2024
In March 2024, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $2,915 per ton, waning by -5.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 515% month-to-month. As a result, import price attained the peak level of $18,160 per ton. From May 2023 to March 2024, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From March 2023 to March 2024, the rate of growth in terms of prices for Germany amounted to -0.1% per month.
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Estonia (FOB) - 2022
In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $2,371 per ton, with a decrease of -30.5% against the previous year. Overall, the export price recorded a precipitous shrinkage. The export price peaked at $3,410 per ton in 2021, and then shrank remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -8.7% per year.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Estonia
In 2022, overseas purchases of cotton; waste other than garnetted stock and yarn (including thread) waste increased by 1,201% to 301 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste skyrocketed to $801K in 2022. Overall, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 27.1 | 2.1 | 22.9 | 636 | 186.3% |
| Germany | 489 | 164 | 31.6 | 164 | -30.5% |
| Others | N/A | 3.0 | 0.6 | 0.5 | -59.2% |
| Total | 516 | 169 | 55.1 | 801 | 15.8% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Estonia in 2022:
- Netherlands (221.6 tons)
- Germany (78.7 tons)
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Estonia
In 2022, exports of cotton; waste other than garnetted stock and yarn (including thread) waste from Estonia soared to 1.9 tons, increasing by 25% compared with 2021 figures. The total export volume increased at an average annual rate of +25.3% over the period from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste reduced to $4.6K in 2022. Overall, exports, however, faced a abrupt contraction.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Estonia (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Netherlands | 3.6 | 4.6 | 27.8% |
| Switzerland | 1.6 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 5.2 | 4.6 | -11.5% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Estonia in 2022:
- Netherlands (1.9 tons)
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