Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Germany - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Germany (CIF) - 2024
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Germany (FOB) - 2024
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Germany
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Germany
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Germany (CIF) - 2024
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $2,324 per ton in March 2024, surging by 5.5% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 an increase of 31% against the previous month. Over the period under review, average import prices hit record highs in March 2024.
Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was India ($2,495 per ton), while the price for Turkey ($2,148 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by India (+0.4%), 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 Germany (FOB) - 2024
In March 2024, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,929 per ton, falling by -7.4% against the previous month. Over the period under review, the export price recorded a slight shrinkage. The growth pace was the most rapid in May 2023 when the average export price increased by 5.7% m-o-m. As a result, the export price attained the peak level of $2,470 per ton. From June 2023 to March 2024, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In March 2024, the country with the highest price was Switzerland ($2,035 per ton), while the average price for exports to the UK ($1,448 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Germany
Imports of cotton; waste other than garnetted stock and yarn (including thread) waste into Germany expanded rapidly to 50K tons in 2022, with an increase of 9.5% compared with 2021. In general, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.8% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 45%. As a result, imports reached the peak of 63K 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 $96M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.7% 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.1 | 32.2 | 22.8 | 37.3 | 619.8% |
| Turkey | 31.5 | 18.2 | 22.7 | 26.1 | -6.1% |
| India | 16.5 | 17.6 | 10.8 | 22.8 | 11.4% |
| France | 3.1 | 3.7 | 3.5 | 4.0 | 8.9% |
| Netherlands | N/A | 5.8 | 2.7 | 3.7 | -20.1% |
| Italy | 0.5 | 0.4 | 0.2 | 0.1 | -41.5% |
| Others | 5.1 | 3.3 | 2.3 | 2.4 | -22.2% |
| Total | 56.8 | 81.2 | 65.0 | 96.4 | 19.3% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Germany in 2022:
- Belgium (20.5K tons)
- India (11.9K tons)
- Turkey (11.5K tons)
- Netherlands (2.1K tons)
- France (1.9K tons)
- Italy (0.2K tons)
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Germany
Exports of cotton; waste other than garnetted stock and yarn (including thread) waste from Germany totaled 28K tons in 2022, surging by 14% against the year before. The total export volume increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained 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 soared to $53M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.5 | 8.4 | 7.6 | 12.0 | 17.0% |
| Switzerland | 4.4 | 6.5 | 4.8 | 8.0 | 22.1% |
| United States | 1.6 | 3.5 | 5.5 | 6.5 | 59.6% |
| Sweden | 3.4 | 4.2 | 4.3 | 5.6 | 18.1% |
| United Kingdom | 0.8 | 3.3 | 4.6 | 5.6 | 91.3% |
| Poland | 2.3 | 2.6 | 3.5 | 4.3 | 23.2% |
| Netherlands | 3.6 | 2.2 | 2.6 | 2.8 | -8.0% |
| Spain | 1.8 | 0.7 | 1.5 | 2.2 | 6.9% |
| Austria | 1.6 | 1.8 | 1.6 | 2.1 | 9.5% |
| Italy | 1.3 | 2.4 | 1.0 | 1.4 | 2.5% |
| Turkey | 0.2 | 0.4 | 0.6 | 1.2 | 81.7% |
| Others | 1.5 | 1.5 | 1.2 | 1.4 | -2.3% |
| Total | 29.9 | 37.5 | 38.9 | 53.0 | 21.0% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Germany in 2022:
- France (5.8K tons)
- Switzerland (4.7K tons)
- United States (3.3K tons)
- United Kingdom (3.0K tons)
- Sweden (2.9K tons)
- Poland (1.9K tons)
- Netherlands (1.2K tons)
- Austria (1.2K tons)
- Spain (1.1K tons)
- Italy (1.0K tons)
- Turkey (0.6K tons)
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