Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Australia - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Australia (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Australia (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Australia
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Australia
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Australia (CIF) - 2022
In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $14,764 per ton, with an increase of 18% against the previous year. In general, the import price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2021 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $18,085 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 France ($78,054 per ton), while the price for Canada ($8,329 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Australia (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $9,331 per ton, which is down by -20.7% against the previous year. In general, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2020 an increase of 79%. Over the period under review, the average export prices attained the maximum at $27,656 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($9,502 per ton), while the average price for exports to Malaysia ($8,739 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 Fiji (+39.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Australia
In 2022, overseas purchases of cotton yarn (other than sewing thread), put up for retail sale decreased by -32.5% to 182 tons, falling for the second year in a row after two years of growth. In general, imports recorded a noticeable decrease. The pace of growth was the most pronounced in 2020 when imports increased by 107%. As a result, imports attained the peak of 416 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale fell dramatically to $2.7M in 2022. Overall, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 58% against the previous year. As a result, imports reached the peak of $4M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 735 | 1,472 | 970 | 740 | 0.2% |
| France | 1,042 | 868 | 1,147 | 698 | -12.5% |
| Turkey | 290 | 617 | 331 | 398 | 11.1% |
| India | 12.3 | 150 | 68.8 | 336 | 201.2% |
| Italy | 150 | 324 | 69.3 | 255 | 19.3% |
| Bulgaria | 72.2 | 205 | 236 | 39.8 | -18.0% |
| Canada | 4.5 | 14.8 | 3.3 | 25.9 | 79.2% |
| Malaysia | 4.2 | 71.7 | 28.1 | N/A | 158.7% |
| Others | 228 | 288 | 508 | 189 | -6.1% |
| Total | 2,539 | 4,011 | 3,362 | 2,682 | 1.8% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Australia in 2022:
- China (82.8 tons)
- Turkey (36.7 tons)
- India (31.9 tons)
- Italy (10.0 tons)
- France (8.9 tons)
- Bulgaria (3.6 tons)
- Canada (3.1 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Australia
For the third year in a row, Australia recorded decline in overseas shipments of cotton yarn (other than sewing thread), put up for retail sale, which decreased by -31.8% to 6.7 tons in 2022. In general, exports faced a dramatic decline. The smallest decline of -4.2% was in 2021.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale plummeted to $62K in 2022. Over the period under review, exports recorded a dramatic setback. The pace of growth was the most pronounced in 2021 when exports increased by 9.2%.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 47.7 | 67.5 | 58.2 | 47.5 | -0.1% |
| Malaysia | N/A | 24.2 | 21.6 | 12.9 | -27.0% |
| India | N/A | N/A | N/A | 1.8 | 0% |
| China | 150 | 7.9 | 0.7 | N/A | -93.2% |
| Turkey | N/A | N/A | 31.4 | N/A | 0% |
| Others | 0.4 | 5.7 | 3.2 | N/A | 182.8% |
| Total | 198 | 105 | 115 | 62.2 | -32.0% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Australia in 2022:
- New Zealand (5.0 tons)
- Malaysia (1.5 tons)
- India (0.2 tons)
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