Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sri Lanka - 2022
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sri Lanka (FOB) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sri Lanka (CIF) - 2022
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sri Lanka
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sri Lanka
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sri Lanka (FOB) - 2022
In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $478 per ton, dropping by -4.1% against the previous year. In general, the export price showed a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. The export price peaked at $543 per ton in 2012; however, from 2013 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 Taiwan (Chinese) ($1,129 per ton), while the average price for exports to Myanmar ($135 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 Pakistan (-0.1%), while the prices for the other major destinations experienced a decline.
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sri Lanka (CIF) - 2022
In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $630 per ton, reducing by -6.1% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 40%. Over the period under review, average import prices reached the peak figure at $1,525 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($1,759 per ton), while the price for Ethiopia ($447 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+36.8%), while the prices for the other major suppliers experienced a decline.
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sri Lanka
Exports of cotton; waste other than garnetted stock and yarn (including thread) waste from Sri Lanka contracted dramatically to 229 tons in 2022, falling by -19.5% compared with the previous year's figure. Over the period under review, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 153%. As a result, the exports attained the peak of 285 tons, and then reduced rapidly in the following year.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste dropped significantly to $109K in 2022. In general, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 178% against the previous year. As a result, the exports reached the peak of $142K, and then declined remarkably in the following year.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 51.4 | 28.6 | 89.4 | 66.2 | 8.8% |
| Spain | 9.7 | 9.2 | 11.8 | 11.3 | 5.2% |
| Malaysia | 0.3 | 0.6 | 2.8 | 7.2 | 188.4% |
| India | 6.6 | 0.8 | 5.9 | 4.7 | -10.7% |
| Pakistan | 3.0 | 1.6 | 4.6 | 3.2 | 2.2% |
| Japan | 2.3 | 1.3 | 3.9 | 2.9 | 8.0% |
| China | 2.5 | 1.2 | 3.2 | 2.0 | -7.2% |
| Myanmar | N/A | N/A | 0.9 | 1.4 | 55.6% |
| Oman | 2.3 | 0.6 | 1.3 | 1.4 | -15.3% |
| United Kingdom | 6.4 | 3.0 | 6.1 | 1.4 | -39.7% |
| Others | 9.8 | 4.3 | 12.0 | 7.9 | -6.9% |
| Total | 94.3 | 51.1 | 142 | 109 | 4.9% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Sri Lanka in 2022:
- Portugal (125.8 tons)
- Spain (28.5 tons)
- India (17.2 tons)
- Myanmar (10.5 tons)
- Malaysia (9.0 tons)
- Pakistan (8.2 tons)
- Oman (7.2 tons)
- China (5.8 tons)
- United Kingdom (5.1 tons)
- Japan (4.3 tons)
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sri Lanka
In 2022, imports of cotton; waste other than garnetted stock and yarn (including thread) waste into Sri Lanka rose remarkably to 99 tons, picking up by 8% against 2021. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 258% against the previous year. As a result, imports reached the peak of 137 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste totaled $62K in 2022. Overall, imports enjoyed a strong expansion. The growth pace was the most rapid in 2020 with an increase of 119% against the previous year. As a result, imports attained the peak of $101K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.3 | 22.9 | 9.2 | 22.2 | 61.2% |
| Indonesia | 4.3 | 15.8 | 10.6 | 15.3 | 52.7% |
| India | 2.9 | 3.5 | 1.8 | 9.1 | 46.4% |
| Pakistan | 32.2 | 56.4 | 37.6 | 7.1 | -39.6% |
| Ethiopia | N/A | N/A | N/A | 4.9 | 0% |
| Others | 1.3 | 2.0 | 2.0 | 3.5 | 39.1% |
| Total | 46.0 | 101 | 61.3 | 62.2 | 10.6% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Sri Lanka in 2022:
- United Kingdom (40.3 tons)
- Indonesia (26.4 tons)
- India (15.9 tons)
- Ethiopia (11.1 tons)
- Pakistan (4.1 tons)
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