Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in France - 2024

Contents:

  1. Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in France (CIF) - 2024
  2. Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in France (FOB) - 2022
  3. Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in France
  4. Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in France

Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in France (CIF) - 2024

In March 2024, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,520 per ton, surging by 6.1% against the previous month. Over the period under review, the import price, however, saw a perceptible contraction. Over the period under review, average import prices hit record highs at $2,100 per ton in March 2023; however, from April 2023 to March 2024, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was Pakistan ($1,525 per ton), while the price for Turkey stood at $1,483 per ton.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), 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 France (FOB) - 2022

In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,847 per ton, jumping by 31% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.9%. 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 2022, amid the top suppliers, the country with the highest price was the United States ($2,226 per ton), while the average price for exports to Poland ($1,154 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 Germany (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of cotton; waste other than garnetted stock and yarn (including thread) waste into France expanded significantly to 14K tons, picking up by 5.7% on 2021. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 13%. As a result, imports reached the peak of 16K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste skyrocketed to $25M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.7% against 2019 indices. 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 France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.65.36.410.632.1%
Pakistan7.38.68.68.03.1%
IndiaN/A1.30.92.230.1%
Turkey3.12.80.91.9-15.1%
Italy0.71.00.70.98.7%
BelgiumN/A0.10.10.241.4%
Others0.40.40.50.720.5%
Total16.219.318.124.614.9%

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

  1. Germany (5.3K tons)
  2. Pakistan (4.3K tons)
  3. India (1.3K tons)
  4. Turkey (1.1K tons)
  5. Italy (1.1K tons)
  6. Belgium (0.3K tons)

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

In 2022, the amount of cotton; waste other than garnetted stock and yarn (including thread) waste exported from France declined markedly to 6.1K tons, falling by -15.8% on the year before. Over the period under review, exports saw a abrupt contraction. The smallest decline of -8% was in 2021.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste stood at $11M in 2022. Overall, exports recorded a noticeable downturn.

Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.33.93.43.84.8%
United States1.62.02.52.414.5%
United Kingdom6.02.32.31.8-33.1%
Poland1.01.51.21.26.3%
SwitzerlandN/AN/A0.31.1266.7%
Spain0.50.30.20.4-7.2%
Italy0.20.10.20.20.0%
Others0.30.10.20.518.6%
Total12.810.210.211.2-4.4%

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

  1. Germany (1848.6 tons)
  2. United States (1083.2 tons)
  3. Poland (1001.9 tons)
  4. United Kingdom (981.8 tons)
  5. Switzerland (619.5 tons)
  6. Spain (190.7 tons)
  7. Italy (114.7 tons)

Source: IndexBox Market Intelligence Platform

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