Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ireland - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ireland (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ireland (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ireland
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ireland
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ireland (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $25,697 per ton in 2022, increasing by 25% against the previous year. In general, the import price recorded a resilient increase. The growth pace was the most rapid in 2017 when the average import price increased by 53%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($39,067 per ton), while the price for China ($11,157 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.0%), 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 Ireland (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $7,412 per ton, approximately reflecting the previous year. Over the period under review, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 111% against the previous year. Over the period under review, the average export prices attained the maximum at $25,037 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Switzerland ($8,058 per ton) and the UK ($7,744 per ton), while the average price for exports to Norway ($6,220 per ton) and Iceland ($6,742 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+22.4%), 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 Ireland
For the fourth year in a row, Ireland recorded growth in supplies from abroad of cotton yarn (other than sewing thread), put up for retail sale, which increased by 2.2% to 38 tons in 2022. The total import volume increased at an average annual rate of +12.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 37%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale surged to $965K in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 91%. 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 Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 104 | 99.9 | 454 | 541 | 73.3% |
| United Kingdom | 144 | 376 | 199 | 183 | 8.3% |
| Germany | 2.6 | 1.4 | 0.5 | 60.1 | 184.9% |
| Denmark | 6.7 | 5.7 | 8.2 | 36.0 | 75.1% |
| China | 20.0 | 28.1 | 29.3 | 34.3 | 19.7% |
| Pakistan | 1.1 | 15.0 | 11.6 | 20.3 | 164.3% |
| India | 3.7 | N/A | 5.2 | 10.3 | 40.7% |
| Others | 2.3 | 16.6 | 45.4 | 79.7 | 226.0% |
| Total | 284 | 542 | 754 | 965 | 50.3% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Ireland in 2022:
- Turkey (17.1 tons)
- United Kingdom (5.9 tons)
- China (3.1 tons)
- Germany (2.9 tons)
- Denmark (2.8 tons)
- Pakistan (1.7 tons)
- India (0.8 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ireland
In 2022, exports of cotton yarn (other than sewing thread), put up for retail sale from Ireland was estimated at 233 kg, remaining stable against 2021. Over the period under review, exports showed a deep downturn. The smallest decline of 99.9% was in 2021.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale stood at $1.7K in 2022. Overall, exports saw a significant decline. The smallest decline of 99.9% was in 2021.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ireland (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| United Kingdom | 1,125 | N/A | 379 | -42.0% |
| Albania | N/A | N/A | 322 | 0% |
| Iceland | N/A | N/A | 67.0 | 0% |
| Switzerland | N/A | N/A | 48.0 | 0% |
| Norway | N/A | N/A | 12.0 | 0% |
| United States | 2,615 | N/A | N/A | 0% |
| Canada | 1,327 | N/A | N/A | 0% |
| Others | 26.0 | N/A | 899 | 488.0% |
| Total | 5,093 | N/A | 1,727 | -41.8% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Ireland in 2022:
- United Kingdom (49.0 kg)
- Albania (44.0 kg)
- Iceland (10.0 kg)
- Switzerland (6.0 kg)
- Norway (2.0 kg)
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