Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in South Africa - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in South Africa (CIF) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in South Africa (FOB) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in South Africa
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in South Africa
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in South Africa (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,667 per ton in 2022, jumping by 40% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cotton; waste other than garnetted stock and yarn (including thread) waste increased by +88.3% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,649 per ton), while the price for Mozambique ($281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+19.5%), 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 South Africa (FOB) - 2022
In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $784 per ton, reducing by -49.6% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 29%. Over the period under review, the average export prices reached the maximum at $2,725 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($5,489 per ton), while the average price for exports to Taiwan (Chinese) ($448 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 Swaziland (+8.1%), 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 South Africa
In 2022, after two years of decline, there was significant growth in overseas purchases of cotton; waste other than garnetted stock and yarn (including thread) waste, when their volume increased by 9% to 560 tons. In general, imports, however, showed a pronounced slump.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste surged to $934K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 429 | 554 | 422 | 535 | 7.6% |
| Mauritius | 258 | 163 | 164 | 159 | -14.9% |
| India | N/A | N/A | 0.1 | 155 | 154900.0% |
| China | N/A | 1.8 | 0.1 | 60.7 | 480.7% |
| Tanzania | 23.5 | 9.7 | 22.6 | 18.1 | -8.3% |
| Mozambique | N/A | N/A | N/A | 6.2 | 0% |
| Others | 2.8 | 2.3 | 5.0 | 0.5 | -43.7% |
| Total | 714 | 730 | 613 | 934 | 9.4% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to South Africa in 2022:
- Mauritius (219.9 tons)
- Pakistan (207.2 tons)
- India (67.0 tons)
- China (22.9 tons)
- Mozambique (22.0 tons)
- Tanzania (18.0 tons)
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in South Africa
In 2022, exports of cotton; waste other than garnetted stock and yarn (including thread) waste from South Africa skyrocketed to 114 tons, picking up by 168% compared with the year before. Overall, exports posted a significant expansion. As a result, the exports reached 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 surged to $89K in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 196% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | N/A | 30.7 | 0% |
| Namibia | 15.0 | 8.2 | 9.5 | 23.3 | 15.8% |
| Botswana | 2.8 | 5.0 | 5.9 | 11.0 | 57.8% |
| Zambia | 3.6 | 0.8 | 8.9 | 9.0 | 35.7% |
| Angola | 1.1 | 2.2 | 1.0 | 4.2 | 56.3% |
| Malawi | 3.6 | 0.5 | 2.3 | 2.2 | -15.1% |
| Swaziland | 4.1 | 0.2 | 32.8 | 0.2 | -63.5% |
| Others | 12.8 | 5.6 | 5.8 | 8.9 | -11.4% |
| Total | 43.0 | 22.4 | 66.2 | 89.5 | 27.7% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from South Africa in 2022:
- Taiwan (Chinese) (68.6 tons)
- Namibia (26.3 tons)
- Zambia (5.3 tons)
- Angola (3.3 tons)
- Botswana (2.0 tons)
- Malawi (1.0 tons)
- Swaziland (0.1 tons)
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