Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Indonesia - 2022
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Indonesia (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Indonesia (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Indonesia
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Indonesia
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Indonesia (CIF) - 2022
In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $14,073 per ton, jumping by 44% against the previous year. Overall, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 158%. As a result, import price reached the peak level of $15,619 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($29,324 per ton), while the price for Pakistan ($3,312 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+31.6%), 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 Indonesia (FOB) - 2022
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $1,331 per ton in 2022, shrinking by -26.2% against the previous year. Overall, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 105%. As a result, the export price reached the peak level of $5,662 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($1,412 per ton), while the average price for exports to Timor-Leste ($466 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 Timor-Leste (+1.1%), while the prices for the other major destinations experienced a decline.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Indonesia
In 2022, the amount of cotton yarn (other than sewing thread), put up for retail sale imported into Indonesia dropped dramatically to 1.4K tons, with a decrease of -55.5% compared with the year before. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 179% against the previous year. As a result, imports attained the peak of 3K tons, and then contracted sharply in the following year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale plummeted to $19M in 2022. Overall, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 188%. As a result, imports reached the peak of $30M, and then fell rapidly in the following year.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 11.3 | 8.4 | 14.7 | 8.1 | -10.5% |
| Taiwan (Chinese) | N/A | N/A | 4.7 | 6.7 | 42.6% |
| China | 0.2 | 1.0 | 9.9 | 3.0 | 146.6% |
| South Korea | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
| India | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Others | 0.4 | 0.6 | 0.1 | 0.6 | 14.5% |
| Total | 12.5 | 10.3 | 29.8 | 19.0 | 15.0% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Indonesia in 2022:
- China (553.1 tons)
- Taiwan (Chinese) (370.5 tons)
- Singapore (323.1 tons)
- South Korea (44.2 tons)
- India (22.1 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Indonesia
In 2022, shipments abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -11.2% to 60 tons, falling for the second year in a row after two years of growth. In general, exports recorded a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 49%. As a result, the exports attained the peak of 298 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale contracted remarkably to $80K in 2022. Overall, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 20%. As a result, the exports attained the peak of $583K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 123 | 497 | 34.7 | 60.4 | -21.1% |
| Sri Lanka | 50.2 | 38.7 | 15.7 | 7.8 | -46.2% |
| United States | 23.3 | 3.4 | 24.6 | 5.6 | -37.8% |
| Timor-Leste | 1.5 | 6.6 | 8.1 | 1.9 | 8.2% |
| Hong Kong SAR | 78.8 | N/A | N/A | N/A | 0% |
| Myanmar | 61.0 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 91.2 | N/A | N/A | N/A | 0% |
| Others | 55.0 | 37.4 | 38.7 | 4.1 | -57.9% |
| Total | 484 | 583 | 122 | 79.8 | -45.2% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Indonesia in 2022:
- Bangladesh (42.8 tons)
- Sri Lanka (7.3 tons)
- United States (5.5 tons)
- Timor-Leste (4.0 tons)
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