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

Contents:

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

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

In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,612 per ton, picking up by 9.5% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 42%. As a result, import price reached the peak level of $1,701 per ton. From 2019 to 2022, the average 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 Lithuania ($2,346 per ton), while the price for Belarus ($423 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+14.5%), 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 Russia (FOB) - 2022

The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $7,558 per ton in 2022, reducing by -85% against the previous year. In general, the export price, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 4,399%. As a result, the export price attained the peak level of $50,235 per ton, and then fell dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +4.4% per year.

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

In 2022, imports of cotton; waste other than garnetted stock and yarn (including thread) waste into Russia reduced notably to 644 tons, dropping by -21% compared with the year before. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 28%.

In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste declined to $1M in 2022. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year.

Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan8.3N/A493527298.9%
Pakistan4391,013639410-2.3%
LithuaniaN/AN/AN/A81.60%
Belarus23.725.128.517.0-10.5%
Germany287N/A33.9N/A-65.6%
Turkey922N/AN/AN/A0%
Others1.12.75.02.734.9%
Total1,6801,0411,2001,038-14.8%

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

  1. Uzbekistan (330.1 tons)
  2. Pakistan (238.4 tons)
  3. Belarus (40.2 tons)
  4. Lithuania (34.8 tons)

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

In 2022, shipments abroad of cotton; waste other than garnetted stock and yarn (including thread) waste increased by 6,788% to 1.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste soared to $8.9K in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArmeniaN/AN/A0.48.82100.0%
Kazakhstan0.9N/AN/AN/A0%
ThailandN/A0.3N/AN/A0%
OthersN/AN/A0.4N/A0%
Total0.90.30.98.9114.6%

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

  1. Armenia (1170.0 kg)

Source: IndexBox Market Intelligence Platform

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