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

Contents:

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

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

The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $916 per ton in 2022, increasing by 12% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The growth pace was the most rapid in 2017 when the average import price increased by 285%. Over the period under review, average import prices hit record highs at $3,370 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($925 per ton), while the price for the Czech Republic stood at $858 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.8%).

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

The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,100 per ton in 2021, reducing by -8.3% against the previous year. In general, the export price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2017 an increase of 57% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,200 per ton in 2020, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for Lithuania.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +48.5% per year.

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

In 2022, the amount of cotton; waste other than garnetted stock and yarn (including thread) waste imported into Latvia surged to 75 tons, rising by 338% compared with the year before. Over the period under review, imports recorded a significant expansion. As a result, imports reached 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 $69K in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Poland (65.1 tons)
2. Czech Republic (10.1 tons)

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

In 2021, the amount of cotton; waste other than garnetted stock and yarn (including thread) waste exported from Latvia amounted to 10 kg, approximately mirroring 2020 figures. Over the period under review, exports faced a significant contraction. The smallest decline of 99.9% was in 2020.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste fell to $11 in 2021. In general, exports recorded a significant decline.

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

1. Lithuania (10.0 kg)

Source: IndexBox Market Intelligence Platform