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

Contents:

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

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

In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,600 per ton, picking up by 25% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($2,044 per ton) and the United States ($1,989 per ton), while the average price for exports to Malaysia ($1,451 per ton) and Japan ($1,508 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,175 per ton, approximately equating the previous year. In general, the import price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 61%. As a result, import price attained the peak level of $4,715 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 South Korea ($10,688 per ton), while the price for India ($1,139 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of cotton; waste other than garnetted stock and yarn (including thread) waste was finally on the rise to reach 8.6K tons after two years of decline. Over the period under review, exports, however, recorded a abrupt contraction.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste soared to $14M in 2022. In general, total exports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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 Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/AN/A3.90%
Taiwan (Chinese)6.62.80.93.9-16.1%
Thailand0.21.63.12.6135.1%
Japan1.11.21.31.0-3.1%
India0.60.60.40.75.3%
United States0.51.50.10.66.3%
Vietnam2.50.91.20.5-41.5%
Others0.70.70.20.6-5.0%
Total12.29.47.213.84.2%

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

  1. Pakistan (2.4K tons)
  2. Taiwan (Chinese) (2.4K tons)
  3. Thailand (1.7K tons)
  4. Japan (0.7K tons)
  5. India (0.5K tons)
  6. United States (0.3K tons)
  7. Vietnam (0.3K tons)

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

Imports of cotton; waste other than garnetted stock and yarn (including thread) waste into Indonesia soared to 1.2K tons in 2022, picking up by 573% compared with the previous year. Over the period under review, imports enjoyed 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 surged to $1.4M in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 943%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India87.225.941.5942121.1%
TurkeyN/AN/A161433168.9%
SingaporeN/A8640.91.9-95.3%
Vietnam0.5276N/AN/A55100.0%
United Kingdom18.7N/AN/AN/A0%
Others11.766.40.30.9-57.5%
Total1181,2322031,377126.8%

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

  1. India (826.6 tons)
  2. Turkey (343.9 tons)
  3. Singapore (1.4 tons)

Source: IndexBox Market Intelligence Platform

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