Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Singapore - 2023
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Singapore (CIF) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Singapore (FOB) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Singapore
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Singapore
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Singapore (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,585 per ton in 2022, jumping by 18% against the previous year. In general, the import price posted prominent growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 67% 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 Turkey ($19,833 per ton), while the price for Pakistan ($650 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+63.0%), 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 Singapore (FOB) - 2022
The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,559 per ton in 2022, reducing by -35.2% against the previous year. Over the period under review, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 258% against the previous year. The export price peaked at $5,905 per ton in 2020; however, from 2021 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 Malaysia ($3,098 per ton), while the average price for exports to Thailand ($1,270 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 Vietnam (+15.1%), 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 Singapore
In 2022, approx. 143 tons of cotton; waste other than garnetted stock and yarn (including thread) waste were imported into Singapore; which is down by -16.3% against the previous year's figure. In general, imports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 6.3%.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste reduced to $226K in 2022. Overall, imports recorded a dramatic setback. The pace of growth appeared the most rapid in 2021 when imports increased by 9.1%.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 157 | 144 | 151 | 149 | -1.7% |
| China | 380 | 46.5 | 52.3 | 51.7 | -48.6% |
| Pakistan | 25.4 | 10.6 | 24.0 | 19.3 | -8.7% |
| Malaysia | 13.1 | 2.2 | N/A | 0.1 | -80.3% |
| Others | 8.3 | 6.0 | 0.9 | 6.1 | -9.8% |
| Total | 584 | 209 | 228 | 226 | -27.1% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Singapore in 2022:
- Indonesia (71.4 tons)
- China (38.5 tons)
- Pakistan (29.7 tons)
- Malaysia (0.1 tons)
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Singapore
Exports of cotton; waste other than garnetted stock and yarn (including thread) waste from Singapore declined significantly to 882 kg in 2022, dropping by -76.7% against the previous year's figure. Overall, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 398%.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste dropped markedly to $1.4K in 2022. Over the period under review, exports faced a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 103% against the previous year.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 0.6 | 0% |
| Congo | N/A | 0.2 | N/A | 0.4 | 41.4% |
| Malaysia | 0.2 | 1.0 | 9.0 | 0.3 | 14.5% |
| Indonesia | 47.2 | N/A | N/A | N/A | 0% |
| Brazil | 0.7 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 3.3 | 0.1 | N/A | -42.3% |
| Total | 48.5 | 4.5 | 9.1 | 1.4 | -69.3% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Singapore in 2022:
- Thailand (500.0 kg)
- Congo (280.0 kg)
- Malaysia (102.0 kg)
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