Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (FOB) - 2024
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (CIF) - 2022
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (FOB) - 2024
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $17,620 per ton in May 2024, increasing by 18% against the previous month. Over the period from May 2023 to May 2024, it increased at an average monthly rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In May 2024, the country with the highest price was Mexico ($43,354 per ton), while the average price for exports to Portugal ($11,162 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (CIF) - 2022
In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $11,095 per ton, declining by -22% against the previous year. Overall, the import price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 505%. As a result, import price attained the peak level of $32,418 per ton. From 2014 to 2022, the average 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 ($142,978 per ton), while the price for China ($2,045 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil
After three years of growth, shipments abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -29.6% to 203 tons in 2022. In general, exports, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 68%. As a result, the exports reached the peak of 289 tons, and then declined dramatically in the following year.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale contracted significantly to $3M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60%. As a result, the exports attained the peak of $4M, and then fell rapidly in the following year.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 625 | 500 | 585 | 471 | -9.0% |
| United States | 207 | 193 | 368 | 439 | 28.5% |
| Bolivia | 120 | 159 | 351 | 310 | 37.2% |
| Argentina | 165 | 584 | 942 | 257 | 15.9% |
| Colombia | 203 | 139 | 317 | 215 | 1.9% |
| Panama | 148 | 207 | 175 | 207 | 11.8% |
| Peru | 1.9 | N/A | N/A | 89.8 | 261.6% |
| Uruguay | 65.9 | 82.7 | 138 | 89.3 | 10.7% |
| El Salvador | 53.4 | 69.3 | 87.1 | 83.1 | 15.9% |
| Guyana | 39.0 | 45.5 | 62.6 | 77.2 | 25.6% |
| Dominican Republic | 29.9 | 23.7 | 116 | 69.7 | 32.6% |
| Guatemala | N/A | 54.2 | 95.4 | 66.8 | 11.0% |
| Honduras | 2.2 | 5.0 | 59.1 | 45.7 | 174.9% |
| Others | 641 | 432 | 699 | 581 | -3.2% |
| Total | 2,300 | 2,495 | 3,995 | 3,001 | 9.3% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Brazil in 2022:
- Paraguay (34.7 tons)
- United States (26.1 tons)
- Bolivia (23.3 tons)
- Panama (15.3 tons)
- Argentina (13.9 tons)
- Colombia (12.2 tons)
- Uruguay (7.3 tons)
- El Salvador (7.1 tons)
- Peru (6.8 tons)
- Guyana (6.3 tons)
- Dominican Republic (6.1 tons)
- Guatemala (4.0 tons)
- Honduras (3.8 tons)
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil
In 2022, approx. 38 tons of cotton yarn (other than sewing thread), put up for retail sale were imported into Brazil; rising by 118% against 2021 figures. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale soared to $420K in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 79%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 58.0 | 60.7 | 77.5 | 118 | 26.7% |
| China | 4.6 | 3.3 | 21.2 | 61.6 | 137.5% |
| France | 44.7 | 131 | 69.0 | 38.3 | -5.0% |
| United States | 8.0 | 10.0 | 13.5 | 26.6 | 49.3% |
| Argentina | 12.8 | 2.5 | 1.6 | 15.1 | 5.7% |
| India | N/A | 13.9 | N/A | 2.8 | -55.1% |
| Others | 21.1 | 45.9 | 64.4 | 158 | 95.6% |
| Total | 149 | 267 | 247 | 420 | 41.3% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Brazil in 2022:
- China (30.1 tons)
- Turkey (3.6 tons)
- United States (2.5 tons)
- Argentina (0.7 tons)
- France (0.3 tons)
- India (0.1 tons)
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