Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in the UK - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in the UK (CIF) - 2024
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in the UK (FOB) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in the UK
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in the UK
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in the UK (CIF) - 2024
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $2,206 per ton in March 2024, which is down by -40% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 409% against the previous month. As a result, import price reached the peak level of $10,033 per ton. From June 2023 to March 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was India ($7,292 per ton), while the price for Turkey ($1,143 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by India (+10.2%), 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 the UK (FOB) - 2022
In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $938 per ton, which is down by -12.7% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 128% against the previous year. As a result, the export price reached the peak level of $2,114 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($14,935 per ton), while the average price for exports to Sri Lanka ($197 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 Germany (+66.3%), 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 the UK
In 2022, the amount of cotton; waste other than garnetted stock and yarn (including thread) waste imported into the UK surged to 6.2K tons, increasing by 137% on the year before. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste skyrocketed to $13M in 2022. Overall, imports showed a significant increase. As a result, imports attained 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.4 | 2.8 | 2.2 | 5.3 | 136.6% |
| India | N/A | N/A | N/A | 2.2 | 0% |
| China | 1.2 | 0.9 | 1.3 | 2.1 | 20.5% |
| Pakistan | N/A | N/A | N/A | 1.5 | 0% |
| Germany | 0.3 | 0.3 | N/A | 1.2 | 58.7% |
| France | 1.3 | 1.0 | 1.0 | 0.4 | -32.5% |
| Italy | 0.4 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | 0.4 | 58.7% |
| Total | 3.8 | 5.0 | 4.5 | 13.1 | 51.1% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to the UK in 2022:
- Turkey (2789.6 tons)
- India (1208.2 tons)
- Pakistan (763.2 tons)
- Germany (706.1 tons)
- China (287.8 tons)
- France (264.4 tons)
- Italy (5.2 tons)
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in the UK
In 2022, the amount of cotton; waste other than garnetted stock and yarn (including thread) waste exported from the UK soared to 212 tons, jumping by 119% against 2021 figures. Over the period under review, exports, however, showed a abrupt setback.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste skyrocketed to $199K in 2022. Overall, exports, however, saw a deep reduction.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 1.1 | 0.8 | 33.8 | 72.7 | 304.3% |
| Sri Lanka | 17.1 | 9.2 | 16.2 | 34.4 | 26.2% |
| France | 0.4 | 0.2 | 4.3 | 19.4 | 264.7% |
| Barbados | 20.2 | 16.1 | N/A | 16.4 | -6.7% |
| Antigua and Barbuda | N/A | N/A | 13.9 | 16.3 | 17.3% |
| Jamaica | 38.7 | N/A | N/A | 4.5 | -51.2% |
| Trinidad and Tobago | 192 | N/A | N/A | N/A | 0% |
| Indonesia | 12.8 | N/A | N/A | N/A | 0% |
| Italy | 10.9 | 13.9 | 3.0 | N/A | -47.5% |
| Others | 39.1 | 43.2 | 32.9 | 35.7 | -3.0% |
| Total | 333 | 83.3 | 104 | 199 | -15.8% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from the UK in 2022:
- Sri Lanka (174.8 tons)
- France (15.8 tons)
- Ireland (7.1 tons)
- Barbados (5.0 tons)
- Antigua and Barbuda (4.4 tons)
- Jamaica (3.1 tons)
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