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

Contents:

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

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

In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,077 per ton, growing by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. As a result, import price attained the peak level of $3,367 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,129 per ton), while the price for Moldova ($590 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $434 per ton, falling by -42.9% against the previous year. In general, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 116% against the previous year. Over the period under review, the average export prices hit record highs at $3,100 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for North Macedonia amounted to -1.0% per year.

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

In 2022, the amount of cotton; waste other than garnetted stock and yarn (including thread) waste imported into Serbia skyrocketed to 306 tons, rising by 127% against the year before. Over the period under review, imports saw prominent growth. 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 $329K in 2022. Overall, imports recorded a significant increase. As a result, imports reached 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy66.742.510731066.9%
Moldova58.832.913.516.2-34.9%
Czech Republic4.218.76.43.3-7.7%
OthersN/AN/AN/AN/A0%
Total13094.112732936.3%

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

  1. Italy (274.2 tons)
  2. Moldova (27.4 tons)
  3. Czech Republic (4.1 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of cotton; waste other than garnetted stock and yarn (including thread) waste, when their volume increased by 17% to 53 tons. Over the period under review, exports, however, recorded a drastic downturn.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste plummeted to $23K in 2022. In general, exports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 55%.

Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.414.033.122.645.1%
North Macedonia16.36.0N/AN/A-63.2%
Bosnia and Herzegovina7.50.2N/AN/A-97.3%
Others6.32.01.20.4-60.1%
Total37.422.234.323.0-15.0%

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

  1. Italy (52.6 tons)

Source: IndexBox Market Intelligence Platform

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