Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh - 2022
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $3,625 per ton in 2022, waning by -20.1% against the previous year. Overall, the import price recorded a mild contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 59%. Over the period under review, average import prices attained the peak figure at $4,719 per ton in 2017; however, from 2018 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 Italy ($42,594 per ton), while the price for Indonesia ($1,571 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+37.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (FOB) - 2022
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $39,465 per ton in 2022, picking up by 4.8% against the previous year. In general, the export price recorded resilient growth. The growth pace was the most rapid in 2018 an increase of 67% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($115,208 per ton), while the average price for exports to Canada ($3,788 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 the United States (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh
In 2022, purchases abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -1.7% to 329 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 134%.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale contracted significantly to $1.2M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 104% against the previous year.
Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 99.9 | 305 | 614 | 650 | 86.7% |
Thailand | N/A | 51.7 | 413 | 166 | 79.2% |
Indonesia | 123 | 497 | 46.6 | 162 | 9.6% |
Philippines | N/A | N/A | N/A | 148 | 0% |
India | 188 | 0.2 | 438 | 33.6 | -43.7% |
United States | N/A | N/A | N/A | 26.8 | 0% |
Others | 13.6 | 12.7 | 5.0 | 4.9 | -28.8% |
Total | 425 | 866 | 1,517 | 1,191 | 41.0% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Bangladesh in 2022:
- China (114.0 tons)
- Indonesia (102.9 tons)
- Philippines (46.0 tons)
- Thailand (44.2 tons)
- United States (15.4 tons)
- India (5.8 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh
Exports of cotton yarn (other than sewing thread), put up for retail sale from Bangladesh declined rapidly to 681 kg in 2022, shrinking by -41.1% compared with 2021. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 304% against the previous year. As a result, the exports reached the peak of 1.2 tons, and then contracted rapidly in the following year.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale dropped significantly to $27K in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 326% against the previous year. As a result, the exports reached the peak of $44K, and then reduced markedly in the following year.
Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | N/A | 8.0 | 0% |
Czech Republic | N/A | N/A | 1.5 | 7.3 | 386.7% |
Germany | N/A | N/A | 26.6 | 3.5 | -86.8% |
United Kingdom | N/A | N/A | N/A | 2.3 | 0% |
Slovenia | N/A | N/A | 0.5 | 1.9 | 280.0% |
Slovakia | N/A | N/A | 0.7 | 1.9 | 171.4% |
Austria | 0.1 | N/A | 0.3 | 0.8 | 100.0% |
South Korea | N/A | 1.1 | N/A | N/A | 0% |
Thailand | 6.8 | N/A | N/A | N/A | 0% |
Italy | N/A | 7.4 | 1.5 | N/A | -79.7% |
Saudi Arabia | N/A | N/A | 8.9 | N/A | 0% |
Others | 1.2 | 1.7 | 3.5 | 1.2 | 0.0% |
Total | 8.0 | 10.2 | 43.5 | 26.9 | 49.8% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Bangladesh in 2022:
- United States (240.0 kg)
- Germany (147.0 kg)
- Czech Republic (136.0 kg)
- Slovenia (37.0 kg)
- United Kingdom (20.0 kg)
- Slovakia (19.0 kg)
- Austria (18.0 kg)
This report provides an in-depth analysis of the cotton yarn market in Bangladesh.
This report provides an in-depth analysis of the global cotton yarn market.
Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
After two years of growth, the global cotton yarn market decreased by -2.8% to $77.2B in 2019. China ($38.9B) led the market, alone. The second position in the ranking was occupied by India ($12.8B). It was followed by Pakistan.
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