Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in India - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in India (FOB) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in India (CIF) - 2022
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in India
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in India
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in India (FOB) - 2022
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $7,123 per ton in 2022, with an increase of 66% against the previous year. In general, the export price showed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($13,818 per ton), while the average price for exports to South Korea ($985 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 (+18.2%), 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 India (CIF) - 2022
In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $8,833 per ton, rising by 75% against the previous year. In general, the import price posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 184%. The import price peaked at $15,147 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($99,775 per ton), while the price for Belgium ($4,543 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+34.2%), 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 India
In 2022, exports of cotton yarn (other than sewing thread), put up for retail sale from India contracted dramatically to 221 tons, declining by -50.8% against 2021 figures. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of 449 tons, and then plummeted in the following year.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale fell rapidly to $1.6M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. As a result, the exports reached the peak of $1.9M, and then reduced notably in the following year.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 46.1 | 42.7 | 366 | 851 | 164.3% |
| Indonesia | 358 | 105 | 132 | 175 | -21.2% |
| Nepal | 272 | 102 | 235 | 104 | -27.4% |
| Denmark | N/A | N/A | 14.4 | 82.5 | 472.9% |
| Bangladesh | 188 | 0.2 | 326 | 49.4 | -35.9% |
| United Kingdom | 12.5 | 19.4 | 19.3 | 26.1 | 27.8% |
| Malaysia | 9.1 | 24.9 | 46.8 | 23.2 | 36.6% |
| South Korea | N/A | N/A | N/A | 6.0 | 0% |
| China | 104 | N/A | N/A | 0.7 | -81.1% |
| Portugal | 3.7 | 382 | 0.3 | 0.5 | -48.7% |
| Nigeria | 15.3 | 37.7 | N/A | N/A | 146.4% |
| Peru | N/A | N/A | 85.0 | N/A | 0% |
| Others | 289 | 539 | 696 | 255 | -4.1% |
| Total | 1,298 | 1,254 | 1,921 | 1,574 | 6.6% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from India in 2022:
- United States (83.2 tons)
- Nepal (49.9 tons)
- Indonesia (34.4 tons)
- Malaysia (8.9 tons)
- Denmark (8.0 tons)
- South Korea (6.1 tons)
- Bangladesh (6.0 tons)
- United Kingdom (3.7 tons)
- Portugal (0.2 tons)
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in India
In 2022, approx. 12 tons of cotton yarn (other than sewing thread), put up for retail sale were imported into India; falling by -75.6% compared with the previous year. Overall, imports showed a precipitous shrinkage. The growth pace was the most rapid in 2021 when imports increased by 1.8% against the previous year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale shrank significantly to $108K in 2022. Over the period under review, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 118% against the previous year. As a result, imports reached the peak of $457K. 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 India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 49.6 | 431 | 129 | 53.3 | 2.4% |
| China | 23.0 | 3.9 | 18.4 | 26.8 | 5.2% |
| United Kingdom | N/A | N/A | N/A | 11.2 | 0% |
| Turkey | N/A | 9.7 | 18.0 | 6.7 | -16.9% |
| Belgium | N/A | 7.7 | 1.2 | 2.5 | -43.0% |
| Germany | 4.7 | 0.6 | 83.9 | 1.8 | -27.4% |
| Hong Kong SAR | 74.9 | N/A | N/A | 0.1 | -89.0% |
| Indonesia | 20.5 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 21.9 | N/A | N/A | N/A | 0% |
| Others | 14.6 | 4.6 | 2.7 | 5.4 | -28.2% |
| Total | 209 | 457 | 253 | 108 | -19.8% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to India in 2022:
- Italy (10.2 tons)
- China (0.7 tons)
- Belgium (0.5 tons)
- United Kingdom (0.3 tons)
- Turkey (0.2 tons)
- Germany (0.2 tons)
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