Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uzbekistan - 2024

Contents:

1. Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uzbekistan (FOB) - 2022
2. Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uzbekistan (CIF) - 2022
3. Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uzbekistan
4. Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uzbekistan

Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uzbekistan (FOB) - 2022

In 2022, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $1,187 per ton, falling by -11.5% against the previous year. Over the period under review, export price indicated prominent growth from 2017 to 2022: its price increased at an average annual rate of +10.3% over the last five years. 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 increased by +41.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 60%. As a result, the export price reached the peak level of $1,342 per ton, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($1,987 per ton), while the average price for exports to Tajikistan ($391 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uzbekistan (CIF) - 2022

The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,994 per ton in 2022, picking up by 41% against the previous year. In general, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2020 an increase of 352% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,446 per ton), while the price for Kyrgyzstan ($600 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+44.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in overseas shipments of cotton; waste other than garnetted stock and yarn (including thread) waste, which increased by 11% to 16K tons in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 910%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste dropped slightly to $19M in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 574%.

Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Uzbekistan in 2022:

1. Turkey (12.1K tons)
2. Iran (1.4K tons)
3. Tajikistan (1.4K tons)
4. Ukraine (0.2K tons)
5. Germany (0.2K tons)

Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Uzbekistan

After three years of growth, overseas purchases of cotton; waste other than garnetted stock and yarn (including thread) waste decreased by -16% to 648 tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 974%.

In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste soared to $1.3M in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 4,760% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Uzbekistan in 2022:

1. Turkey (389.6 tons)
2. Germany (198.4 tons)
3. Kazakhstan (38.0 tons)
4. Kyrgyzstan (22.0 tons)

Source: IndexBox Market Intelligence Platform