Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Israel - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Israel (CIF) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Israel (FOB) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Israel
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Israel
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Israel (CIF) - 2022
In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,442 per ton, approximately mirroring the previous year. Over the period under review, the import price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of 6.5%. The import price peaked at $2,107 per ton in 2014; however, from 2015 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 Switzerland ($12,735 per ton), while the price for Argentina ($624 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+20.5%), 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 Israel (FOB) - 2022
The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,484 per ton in 2022, surging by 9.7% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cotton; waste other than garnetted stock and yarn (including thread) waste increased by +67.6% against 2017 indices. The growth pace was the most rapid in 2018 when the average export price increased by 48% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,000 per ton), while the average price for exports to China ($938 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 the United States (+19.0%), while the prices for the other major destinations experienced a decline.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Israel
For the fourth year in a row, Israel recorded growth in overseas purchases of cotton; waste other than garnetted stock and yarn (including thread) waste, which increased by 1.6% to 599 tons in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 287%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste totaled $864K in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 312% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.4 | 125 | 749 | 766 | 267.8% |
| India | 43.1 | 41.3 | 53.7 | 53.6 | 7.5% |
| Argentina | 23.8 | 19.7 | 22.2 | 19.1 | -7.1% |
| Turkey | 65.6 | 12.0 | 13.7 | 11.7 | -43.7% |
| Others | 11.1 | 7.0 | 5.7 | 13.3 | 6.2% |
| Total | 159 | 205 | 844 | 864 | 75.8% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Israel in 2022:
- United States (529.2 tons)
- India (32.1 tons)
- Argentina (30.6 tons)
- Turkey (6.5 tons)
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Israel
For the third year in a row, Israel recorded decline in overseas shipments of cotton; waste other than garnetted stock and yarn (including thread) waste, which decreased by -8.9% to 674 kg in 2022. Over the period under review, exports showed a sharp curtailment.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste dropped modestly to $1K in 2022. Overall, exports saw a significant curtailment.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Israel (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | 3,622 | 2,331 | 951 | 876 | -37.7% |
| Canada | 59.0 | 59.0 | 38.0 | 94.0 | 16.8% |
| China | 134 | 47.0 | 6.0 | 15.0 | -51.8% |
| Others | 18.0 | 12.0 | 6.0 | 15.0 | -5.9% |
| Total | 3,833 | 2,449 | 1,001 | 1,000 | -36.1% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Israel in 2022:
- Palestine (564.0 kg)
- Canada (82.0 kg)
- China (16.0 kg)
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