Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Slovakia - 2023

Contents:

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

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

The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $592 per ton in 2022, with an increase of 9.9% against the previous year. In general, the import price, however, showed a abrupt slump. The growth pace was the most rapid in 2018 an increase of 184%. Over the period under review, average import prices reached the peak figure at $2,189 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($662 per ton), while the price for Poland ($548 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+0.6%), 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 Slovakia (FOB) - 2022

The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $779 per ton in 2022, dropping by -58% against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2016 an increase of 29% against the previous year. Over the period under review, the average export prices hit record highs at $9,000 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,154 per ton), while the average price for exports to Latvia ($556 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 Czech Republic (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of cotton; waste other than garnetted stock and yarn (including thread) waste imported into Slovakia rose rapidly to 143 tons, increasing by 6% against the year before. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 85%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste soared to $85K in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic46.241.064.572.616.3%
Poland0.50.77.511.8186.8%
Others1.65.50.70.2-50.0%
Total48.447.272.684.620.5%

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

  1. Czech Republic (121.1 tons)
  2. Poland (21.5 tons)

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

In 2022, overseas shipments of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -16.2% to 222 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a significant increase.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste shrank significantly to $173 in 2022. Over the period under review, exports, however, recorded a significant increase.

Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Slovakia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/A27.033.022.2%
FranceN/AN/A23.022.0-4.3%
ItalyN/AN/A29.015.0-48.3%
FinlandN/AN/A15.012.0-20.0%
AustriaN/AN/A14.011.0-21.4%
BelgiumN/AN/A5.011.0120.0%
DenmarkN/AN/A12.010.0-16.7%
HungaryN/AN/A18410.0-94.6%
RomaniaN/AN/A27.09.0-66.7%
SwedenN/AN/A11.07.0-36.4%
EstoniaN/AN/A7.06.0-14.3%
LatviaN/AN/A7.05.0-28.6%
IrelandN/AN/A6.05.0-16.7%
Others9.0N/A12517.023.6%
Total9.0N/A492173167.9%

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

  1. Czech Republic (30.0 kg)
  2. France (26.0 kg)
  3. Finland (20.0 kg)
  4. Belgium (18.0 kg)
  5. Austria (17.0 kg)
  6. Denmark (16.0 kg)
  7. Romania (15.0 kg)
  8. Italy (13.0 kg)
  9. Sweden (11.0 kg)
  10. Estonia (10.0 kg)
  11. Latvia (9.0 kg)
  12. Ireland (8.0 kg)
  13. Hungary (5.0 kg)

Source: IndexBox Market Intelligence Platform

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