Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uganda - 2022
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uganda (FOB) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uganda (CIF) - 2022
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uganda
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uganda
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uganda (FOB) - 2022
In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,499 per ton, dropping by -3.6% against the previous year. In general, the export price, however, showed a strong expansion. The growth pace was the most rapid in 2020 an increase of 87% against the previous year. The export price peaked at $1,555 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($1,588 per ton), while the average price for exports to Rwanda stood at $335 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+14.1%).
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uganda (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $727 per ton in 2022, reducing by -34% against the previous year. In general, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2021 an increase of 50% against the previous year. The import price peaked at $2,102 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($1,771 per ton), while the price for Kenya ($556 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burundi (+91.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uganda
In 2022, approx. 53 tons of cotton; waste other than garnetted stock and yarn (including thread) waste were exported from Uganda; growing by 6.4% on the previous year. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 455%. As a result, the exports attained the peak of 116 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste totaled $80K in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 938% against the previous year. As a result, the exports reached the peak of $167K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 13.7 | 69.1 | 76.5 | 77.9 | 78.5% |
| Rwanda | 1.1 | 1.2 | 1.2 | 1.3 | 5.7% |
| United Kingdom | N/A | 95.8 | N/A | N/A | 0% |
| Others | 1.3 | 0.6 | 0.3 | 0.8 | -14.9% |
| Total | 16.1 | 167 | 78.1 | 80.1 | 70.7% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Uganda in 2022:
- Kenya (49.1 tons)
- Rwanda (3.9 tons)
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uganda
In 2022, imports of cotton; waste other than garnetted stock and yarn (including thread) waste into Uganda soared to 22 tons, growing by 52% compared with 2021. In general, imports saw a strong expansion. The growth pace was the most rapid in 2021 with an increase of 399% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $16K in 2022. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 648% against the previous year. Over the period under review, imports of reached the maximum 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 Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 5.3 | 1.3 | 3.6 | 7.8 | 13.7% |
| India | 3.5 | 0.7 | 4.2 | 7.6 | 29.5% |
| Vietnam | N/A | N/A | 7.7 | N/A | 0% |
| Others | 1.0 | 0.1 | 0.3 | 0.6 | -15.7% |
| Total | 9.8 | 2.1 | 15.9 | 15.9 | 17.5% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Uganda in 2022:
- Kenya (14.0 tons)
- India (7.5 tons)
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