Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Luxembourg - 2023
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Luxembourg (CIF) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Luxembourg
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Luxembourg (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,901 per ton in 2022, with a decrease of -2% against the previous year. Over the period under review, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of 6.8%. The import price peaked at $13,533 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($13,000 per ton), while the price for Germany totaled $1,764 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.7%), while the prices for the other major suppliers experienced a decline.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Luxembourg
In 2022, approx. 1.8 tons of cotton; waste other than garnetted stock and yarn (including thread) waste were imported into Luxembourg; with an increase of 35% on the previous year. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 skyrocketed to $3.3K in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained 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 Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 3.2 | 2.4 | 3.1 | -1.6% |
| India | 2.8 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | 0.2 | 0.3 | 14.5% |
| Total | 3.0 | 3.2 | 2.5 | 3.3 | 3.2% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Luxembourg in 2022:
- Germany (1740.0 kg)
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