Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Kuwait - 2022
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Kuwait (CIF) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Kuwait (FOB) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Kuwait
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Kuwait
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Kuwait (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,180 per ton in 2022, with an increase of 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2016 an increase of 28%. The import price peaked at $1,186 per ton in 2019; afterwards, it flattened through to 2022.
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 France ($3,801 per ton), while the price for Pakistan ($203 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.6%), 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 Kuwait (FOB) - 2022
In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $800 per ton, increasing by 7.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 11%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +0.7% per year.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Kuwait
In 2022, purchases abroad of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -26.3% to 70 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, imports reached the peak of 559 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste fell dramatically to $82K in 2022. Overall, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 15%. As a result, imports reached the peak of $651K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 129 | 266 | 17.0 | 57.4 | -23.7% |
| Turkey | 351 | 324 | 60.4 | 17.6 | -63.1% |
| China | 3.0 | 0.3 | 0.5 | 1.7 | -17.2% |
| Pakistan | 30.3 | 3.6 | 1.0 | 0.9 | -69.0% |
| United Arab Emirates | 0.1 | 0.1 | 0.4 | 0.9 | 108.0% |
| Netherlands | 26.8 | 30.4 | 10.0 | 0.7 | -70.3% |
| France | 21.7 | 21.7 | 7.5 | 0.6 | -69.8% |
| Others | 5.3 | 4.7 | 1.7 | 2.2 | -25.4% |
| Total | 567 | 651 | 98.4 | 82.1 | -47.5% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Kuwait in 2022:
- Saudi Arabia (33.8 tons)
- Turkey (23.4 tons)
- Pakistan (4.3 tons)
- China (2.3 tons)
- United Arab Emirates (2.2 tons)
- Netherlands (0.9 tons)
- France (0.2 tons)
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Kuwait
In 2022, overseas shipments of cotton; waste other than garnetted stock and yarn (including thread) waste increased by 70% to 26 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp contraction.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste soared to $20K in 2022. In general, exports, however, saw a sharp shrinkage.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 187 | 77.5 | 11.2 | 20.4 | -52.2% |
| Others | 3.6 | N/A | N/A | N/A | 0% |
| Total | 191 | 77.5 | 11.2 | 20.4 | -52.6% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Kuwait in 2022:
- Qatar (25.4 tons)
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