Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Venezuela - 2022
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Venezuela (CIF) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Venezuela
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Venezuela (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $1,444 per ton in 2022, increasing by 9.1% against the previous year. Overall, the import price, however, saw a pronounced curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs at $2,112 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Uruguay ($3,983 per ton), while the price for Italy ($168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+5.7%), while the prices for the other major suppliers experienced a decline.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Venezuela
In 2022, approx. 111 tons of cotton; waste other than garnetted stock and yarn (including thread) waste were imported into Venezuela; growing by 45% against 2021 figures. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 240%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste soared to $160K in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 233% 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 Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 7.9 | 26.4 | 90.4 | 135 | 157.6% |
| Pakistan | 0.5 | 1.5 | 4.5 | 15.0 | 210.7% |
| India | 0.3 | 1.0 | 3.3 | 4.2 | 141.0% |
| Italy | 0.1 | 1.0 | 1.7 | 4.1 | 244.8% |
| United States | 0.2 | 0.5 | 1.2 | 1.3 | 86.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 9.1 | 30.5 | 101 | 160 | 160.0% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Venezuela in 2022:
- Pakistan (43.0 tons)
- Uruguay (33.9 tons)
- Italy (24.4 tons)
- India (7.0 tons)
- United States (2.1 tons)
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