Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Norway - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Norway (CIF) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Norway (FOB) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Norway
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Norway
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Norway (CIF) - 2022
In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $6,479 per ton, waning by -7.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2013 an increase of 31%. Over the period under review, average import prices hit record highs at $7,563 per ton in 2014; however, from 2015 to 2022, 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 Germany ($15,538 per ton), while the price for Poland ($5,994 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+19.0%), 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 Norway (FOB) - 2022
The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $3,595 per ton in 2022, reducing by -6.1% against the previous year. Over the period under review, the export price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 200%. The export price peaked at $3,851 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +23.0% per year.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Norway
In 2022, overseas purchases of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -7.4% to 12 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 51%. As a result, imports attained the peak of 19 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste contracted to $76K in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 53% against the previous year. As a result, imports reached the peak of $118K. 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 Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 46.0 | 59.0 | 63.4 | 57.7 | 7.8% |
| Sweden | 15.7 | 27.9 | 8.7 | 10.7 | -12.0% |
| Denmark | 8.3 | 7.0 | 7.7 | 2.7 | -31.2% |
| Pakistan | N/A | 18.9 | N/A | N/A | 0% |
| Others | 7.2 | 5.1 | 8.5 | 4.6 | -13.9% |
| Total | 77.2 | 118 | 88.3 | 75.7 | -0.7% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Norway in 2022:
- Poland (9.6 tons)
- Sweden (1.5 tons)
- Denmark (0.2 tons)
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Norway
Exports of cotton; waste other than garnetted stock and yarn (including thread) waste from Norway soared to 3 tons in 2022, growing by 28% against the year before. The total export volume 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.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste surged to $11K in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year. As a result, the exports reached the peak of $13K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 8.0 | 12.8 | 8.9 | 10.8 | 10.5% |
| Others | 1.5 | N/A | N/A | N/A | 0% |
| Total | 9.4 | 12.8 | 8.9 | 10.8 | 4.7% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Norway in 2022:
- Sweden (3.0 tons)
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