Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Peru - 2022
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Peru (FOB) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Peru (CIF) - 2022
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Peru
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Peru
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Peru (FOB) - 2022
In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,525 per ton, growing by 34% against the previous year. Overall, the export price, however, saw a slight reduction. Over the period under review, the average export prices hit record highs at $1,722 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,218 per ton), while the average price for exports to Italy ($978 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 (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Peru (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,547 per ton in 2022, growing by 8.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 13% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,823 per ton), while the price for Argentina ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Peru
In 2022, shipments abroad of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -10.7% to 205 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 150%. As a result, the exports attained the peak of 262 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste soared to $312K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 128% against the previous year. As a result, the exports attained the peak of $322K. 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 Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 49.4 | 179 | 101 | 197 | 58.6% |
| Italy | 22.8 | 39.2 | 88.1 | 47.1 | 27.4% |
| Germany | 26.2 | 65.2 | 33.9 | 27.6 | 1.8% |
| Ecuador | 13.9 | 24.2 | 31.9 | 24.3 | 20.5% |
| United States | 16.0 | 12.1 | 3.0 | 13.2 | -6.2% |
| Others | 13.0 | 2.1 | 3.0 | 2.6 | -41.5% |
| Total | 141 | 322 | 261 | 312 | 30.3% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Peru in 2022:
- Colombia (119.4 tons)
- Italy (48.2 tons)
- Germany (17.2 tons)
- Ecuador (16.4 tons)
- United States (2.5 tons)
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Peru
For the third year in a row, Peru recorded decline in purchases abroad of cotton; waste other than garnetted stock and yarn (including thread) waste, which decreased by -50.2% to 1.5 tons in 2022. Overall, imports saw a precipitous decline.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste dropped notably to $2.3K in 2022. In general, imports showed a dramatic decline.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 10.2 | 5.7 | 3.2 | 1.8 | -43.9% |
| United States | 4.4 | 2.1 | 1.0 | 0.5 | -51.6% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 14.6 | 7.9 | 4.3 | 2.3 | -46.0% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Peru in 2022:
- India (1214.0 kg)
- United States (260.0 kg)
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