Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Greece - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Greece (CIF) - 2024
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Greece (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Greece
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Greece
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Greece (CIF) - 2024
In March 2024, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $128K per ton, with an increase of 477% against the previous month. Overall, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in October 2023 an increase of 1,059% m-o-m. Over the period under review, average import prices attained the maximum in March 2024.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was France ($231K per ton), while the price for Turkey ($8,599 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 Bulgaria (+24.8%), 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 Greece (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $7,662 per ton, falling by -26.2% against the previous year. Overall, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 175% against the previous year. As a result, the export price attained the peak level of $11,764 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($24,447 per ton), while the average price for exports to Hungary ($4,663 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 Bulgaria (+17.6%), 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 Greece
For the third year in a row, Greece recorded decline in supplies from abroad of cotton yarn (other than sewing thread), put up for retail sale, which decreased by -31.3% to 70 tons in 2022. In general, imports faced a precipitous descent. The smallest decline of -20.8% was in 2021.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale reduced notably to $1.2M in 2022. Overall, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 7.6% against the previous year.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 794 | 1,123 | 1,256 | 744 | -2.1% |
| Turkey | 103 | 119 | 255 | 194 | 23.5% |
| Bulgaria | 299 | 377 | 343 | 175 | -16.4% |
| China | 33.1 | N/A | 3.1 | 5.8 | -44.0% |
| Croatia | 761 | 110 | N/A | N/A | -85.5% |
| Others | 163 | 58.4 | 64.7 | 41.2 | -36.8% |
| Total | 2,153 | 1,787 | 1,922 | 1,160 | -18.6% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Greece in 2022:
- Turkey (48.5 tons)
- Bulgaria (14.4 tons)
- France (3.9 tons)
- China (1.3 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Greece
In 2022, after three years of growth, there was significant decline in shipments abroad of cotton yarn (other than sewing thread), put up for retail sale, when their volume decreased by -90% to 3.4 tons. In general, exports showed a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 127%. As a result, the exports attained the peak of 34 tons, and then dropped rapidly in the following year.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale fell notably to $26K in 2022. Overall, exports recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 222% against the previous year. As a result, the exports reached the peak of $355K, and then declined notably in the following year.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 11.4 | 21.8 | 14.5 | 16.8 | 13.8% |
| Hungary | N/A | N/A | N/A | 6.0 | 0% |
| Portugal | 3.0 | 1.9 | 0.4 | 3.0 | 0.0% |
| Bulgaria | N/A | 76.6 | 339 | 0.2 | -94.9% |
| Estonia | 30.6 | N/A | N/A | N/A | 0% |
| Others | 7.2 | 10.1 | 1.3 | 0.2 | -69.7% |
| Total | 52.1 | 110 | 355 | 26.2 | -20.5% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Greece in 2022:
- Cyprus (1988.0 kg)
- Hungary (1280.0 kg)
- Portugal (122.0 kg)
- Bulgaria (18.0 kg)
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