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

Contents:

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

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

The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $3,808 per ton in 2022, rising by 21% against the previous year. In general, the import price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 165% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($5,248 per ton), while the price for Slovakia ($631 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $5,807 per ton, increasing by 26% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2015 an increase of 269%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,419 per ton), while the average price for exports to Italy totaled $5,776 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+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 Hungary

In 2022, the amount of cotton; waste other than garnetted stock and yarn (including thread) waste imported into Hungary surged to 492 tons, jumping by 81% on 2021. Over the period under review, imports posted perceptible 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 soared to $1.9M in 2022. In general, imports enjoyed a temperate expansion. 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 Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,5688307501,6992.7%
Slovakia33.634.845.461.922.6%
Italy35.43.221.848.811.3%
ChinaN/AN/AN/A28.90%
Czech Republic36.019.521.421.4-15.9%
Germany1.11.814.811.7119.9%
Others2.42.72.22.2-2.9%
Total1,6768928551,8743.8%

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

  1. United States (336.1 tons)
  2. Slovakia (98.1 tons)
  3. Italy (32.3 tons)
  4. Germany (10.5 tons)
  5. China (10.4 tons)
  6. Czech Republic (4.1 tons)

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

Exports of cotton; waste other than garnetted stock and yarn (including thread) waste from Hungary rose notably to 13 tons in 2022, surging by 13% on the year before. Over the period under review, exports, however, recorded a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 94% against the previous year.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste surged to $77K in 2022. Overall, exports, however, recorded a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 121% against the previous year.

Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy11724.554.375.3-13.7%
Germany1.4N/AN/A1.88.7%
OthersN/AN/AN/AN/A0%
Total11824.554.377.2-13.2%

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

  1. Italy (13.0 tons)
  2. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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