Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sweden - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sweden (CIF) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sweden (FOB) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sweden
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sweden
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sweden (CIF) - 2022
In 2022, the average import price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,880 per ton, surging by 15% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 29% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,011 per ton), while the price for Bangladesh ($736 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), 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 Sweden (FOB) - 2022
In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $6,524 per ton, growing by 13% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -36.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 110% against the previous year. As a result, the export price reached the peak level of $10,189 per ton. From 2021 to 2022, the average export prices remained 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 the United States ($84,071 per ton), while the average price for exports to Denmark ($4,009 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 United States (+31.3%), while the prices for the other major destinations experienced a decline.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sweden
In 2022, the amount of cotton; waste other than garnetted stock and yarn (including thread) waste imported into Sweden soared to 4.7K tons, increasing by 45% against the previous year's figure. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 59%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste soared to $8.9M in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 68% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.4 | 3.6 | 3.2 | 5.0 | 27.7% |
| India | N/A | 0.6 | 1.2 | 1.9 | 78.0% |
| China | 0.1 | N/A | N/A | 1.0 | 115.4% |
| Turkey | 1.2 | 2.0 | 0.9 | 0.9 | -9.1% |
| Bangladesh | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 3.8 | 6.3 | 5.3 | 8.9 | 32.8% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Sweden in 2022:
- Germany (2670.3 tons)
- India (978.7 tons)
- Turkey (580.8 tons)
- China (325.2 tons)
- Bangladesh (169.3 tons)
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sweden
For the third consecutive year, Sweden recorded decline in shipments abroad of cotton; waste other than garnetted stock and yarn (including thread) waste, which decreased by -32.4% to 15 tons in 2022. Overall, exports recorded a precipitous curtailment. The smallest decline of -7.2% was in 2020.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste fell sharply to $97K in 2022. In general, exports faced a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 95% against the previous year. As a result, the exports reached the peak of $381K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 99.9 | 123 | 90.6 | 67.2 | -12.4% |
| United States | 61.1 | 69.7 | 7.9 | 15.4 | -36.8% |
| Denmark | 6.2 | 10.7 | 8.5 | 9.6 | 15.7% |
| Finland | 6.2 | 6.2 | 4.3 | 3.9 | -14.3% |
| South Korea | 11.4 | 81.7 | 7.0 | 0.1 | -79.4% |
| Others | 10.8 | 89.6 | 8.4 | 0.5 | -64.1% |
| Total | 196 | 381 | 127 | 96.7 | -21.0% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Sweden in 2022:
- Norway (11.5 tons)
- Denmark (2.4 tons)
- Finland (0.8 tons)
- United States (0.2 tons)
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