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

Contents:

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

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

The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,883 per ton in 2022, growing by 1.6% against the previous year. Over the period under review, the import price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2018 an increase of 52%. The import price peaked at $3,043 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Belgium ($7,000 per ton), while the price for Turkey ($1,065 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,507 per ton in 2022, growing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2017 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($2,022 per ton), while the average price for exports to Italy ($1,179 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 Turkey (+9.8%), 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 Greece

For the fourth year in a row, Greece recorded growth in overseas purchases of cotton; waste other than garnetted stock and yarn (including thread) waste, which increased by 26% to 668 tons in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +25.3% 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 +96.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 35%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste skyrocketed to $1.3M in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 97% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Bulgaria (651.7 tons)
2. Turkey (15.9 tons)

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

In 2022, after two years of decline, there was growth in shipments abroad of cotton; waste other than garnetted stock and yarn (including thread) waste, when their volume increased by 2.6% to 825 tons. Overall, exports, however, recorded a abrupt contraction.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste surged to $1.2M in 2022. Over the period under review, exports, however, saw a abrupt contraction.

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

1. Germany (316.4 tons)
2. Italy (300.5 tons)
3. Bosnia and Herzegovina (150.1 tons)
4. Poland (40.1 tons)
5. Turkey (18.3 tons)

Source: IndexBox Market Intelligence Platform