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

Contents:

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

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

In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,315 per ton, increasing by 11% against the previous year. Overall, the import price, however, continues to indicate a slight slump. Over the period under review, average import prices hit record highs at $1,559 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($1,855 per ton), while the price for Honduras ($697 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+8.0%), 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 Portugal (FOB) - 2022

The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,443 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices hit record highs at $1,881 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($2,275 per ton), while the average price for exports to France ($1,095 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 Angola (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of cotton; waste other than garnetted stock and yarn (including thread) waste into Portugal shrank remarkably to 1.5K tons in 2022, reducing by -40.3% against the previous year's figure. Over the period under review, imports faced a significant decrease. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year.

In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste contracted sharply to $2M in 2022. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year.

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

1. India (611.4 tons)
2. Mozambique (212.5 tons)
3. Belgium (212.5 tons)
4. El Salvador (136.9 tons)
5. Pakistan (90.7 tons)
6. Mauritius (62.5 tons)
7. Turkey (61.6 tons)
8. Spain (49.3 tons)

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

In 2022, shipments abroad of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -19.1% to 373 tons, falling for the second year in a row after two years of growth. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of 646 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste fell markedly to $538K in 2022. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year. As a result, the exports reached the peak of $874K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. France (192.8 tons)
2. Spain (100.0 tons)
3. Slovenia (74.3 tons)

Source: IndexBox Market Intelligence Platform