Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Germany - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Germany (CIF) - 2024
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Germany (FOB) - 2024
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Germany
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Germany
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Germany (CIF) - 2024
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $14,185 per ton in March 2024, with a decrease of -1.8% against the previous month. Overall, the import price saw a slight decrease. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 95% against the previous month. The import price peaked at $16,499 per ton in January 2024; however, from February 2024 to March 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was North Macedonia ($17,129 per ton), while the price for China ($8,571 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.6%), 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 Germany (FOB) - 2024
In March 2024, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $42,487 per ton, increasing by 11% against the previous month. In general, export price indicated a temperate expansion from March 2023 to March 2024: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, export price for cotton yarn (other than sewing thread), put up for retail sale increased by +118.0% against October 2023 indices. The growth pace was the most rapid in January 2024 an increase of 42% against the previous month. The export price peaked in March 2024.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($244K per ton), while the average price for exports to Mexico ($24,301 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+26.0%), 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 Germany
In 2022, imports of cotton yarn (other than sewing thread), put up for retail sale into Germany skyrocketed to 1.9K tons, increasing by 24% on the previous year. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.8% against 2019 indices. 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 expanded rapidly to $28M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.9 | 5.9 | 8.5 | 6.7 | 4.3% |
| China | 1.6 | 2.0 | 2.8 | 3.9 | 34.6% |
| North Macedonia | 1.1 | 1.2 | 0.5 | 3.5 | 47.1% |
| Hungary | 0.9 | 4.7 | 4.5 | 2.7 | 44.2% |
| Turkey | 1.3 | 1.0 | 2.1 | 2.0 | 15.4% |
| Serbia | 0.4 | 0.1 | 0.1 | 1.9 | 68.1% |
| Netherlands | 0.3 | 0.7 | 0.9 | 1.7 | 78.3% |
| Bulgaria | 0.7 | 1.3 | 1.1 | 1.7 | 34.4% |
| Croatia | 0.6 | 0.8 | 1.0 | 0.4 | -12.6% |
| Others | 5.2 | 3.0 | 4.8 | 3.2 | -14.9% |
| Total | 17.9 | 20.6 | 26.4 | 27.8 | 15.8% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Germany in 2022:
- China (448.8 tons)
- North Macedonia (250.8 tons)
- Italy (203.4 tons)
- Hungary (186.6 tons)
- Turkey (183.6 tons)
- Serbia (164.0 tons)
- Netherlands (143.9 tons)
- Bulgaria (136.5 tons)
- Croatia (24.3 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Germany
For the fourth year in a row, Germany recorded growth in overseas shipments of cotton yarn (other than sewing thread), put up for retail sale, which increased by 5% to 840 tons in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.9% 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 +85.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 33%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale dropped sharply to $19M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +47.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, the exports attained the peak of $22M, and then dropped rapidly in the following year.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 3.2 | 3.9 | 5.8 | 4.5 | 12.0% |
| Switzerland | 1.7 | 2.7 | 3.5 | 2.6 | 15.2% |
| France | 1.2 | 1.6 | 2.7 | 2.4 | 26.0% |
| Netherlands | 1.9 | 2.3 | 3.4 | 2.3 | 6.6% |
| Poland | 0.2 | 0.7 | 0.8 | 1.2 | 81.7% |
| Denmark | 0.3 | 0.4 | 0.6 | 1.0 | 49.4% |
| United Kingdom | 1.3 | 1.3 | 1.0 | 0.9 | -11.5% |
| Belgium | 0.7 | 1.1 | 1.4 | 0.8 | 4.6% |
| Italy | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Czech Republic | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Croatia | N/A | N/A | N/A | 0.3 | 0% |
| Spain | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Others | 1.6 | 1.4 | 2.0 | 1.8 | 4.0% |
| Total | 12.6 | 16.0 | 22.1 | 18.7 | 14.1% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Germany in 2022:
- France (228.5 tons)
- Austria (153.3 tons)
- Switzerland (85.9 tons)
- Netherlands (74.9 tons)
- Poland (66.3 tons)
- Belgium (44.2 tons)
- United Kingdom (31.4 tons)
- Czech Republic (23.2 tons)
- Denmark (20.4 tons)
- Croatia (17.5 tons)
- Italy (15.9 tons)
- Spain (15.9 tons)
824
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