Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Nepal - 2022
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Nepal (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Nepal (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Nepal
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Nepal
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Nepal (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $1,918 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a noticeable reduction. The growth pace was the most rapid in 2018 when the average import price increased by 47%. The import price peaked at $3,140 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($7,229 per ton), while the price for India totaled $1,548 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-6.5%).
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Nepal (FOB) - 2022
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $8,620 per ton in 2022, shrinking by -38.3% against the previous year. Overall, the export price saw a mild reduction. The most prominent rate of growth was recorded in 2020 an increase of 70%. The export price peaked at $17,541 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($26,773 per ton), while the average price for exports to Indonesia ($200 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 Denmark (-2.1%), 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 Nepal
In 2022, imports of cotton yarn (other than sewing thread), put up for retail sale into Nepal shrank rapidly to 76 tons, with a decrease of -42.2% compared with the previous year. Overall, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 756%. As a result, imports attained the peak of 132 tons, and then contracted notably in the following year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale fell rapidly to $146K in 2022. In general, imports faced a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 524%.
Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 246 | 36.0 | 235 | 113 | -22.8% |
Peru | N/A | N/A | N/A | 19.9 | 0% |
Others | 10.6 | 4.3 | 16.5 | 13.4 | 8.1% |
Total | 256 | 40.4 | 252 | 146 | -17.1% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Nepal in 2022:
- India (72.9 tons)
- Peru (2.8 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Nepal
For the fourth year in a row, Nepal recorded growth in shipments abroad of cotton yarn (other than sewing thread), put up for retail sale, which increased by 44% to 455 kg in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 303% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale shrank to $3.9K in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 587% against the previous year.
Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Nepal (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 92.0 | 873 | 1,778 | 1,656 | 162.1% |
Australia | 193 | 1,400 | 1,846 | 1,614 | 103.0% |
United States | 19.0 | 27.0 | 1.0 | 285 | 146.6% |
Denmark | 30.0 | 242 | 384 | 223 | 95.2% |
Thailand | 14.0 | 110 | 57.0 | 36.0 | 37.0% |
China | 69.0 | 270 | 252 | 24.0 | -29.7% |
Indonesia | N/A | N/A | N/A | 4.0 | 0% |
Canada | 17.0 | 37.0 | 10.0 | 1.0 | -61.1% |
Others | 65.0 | 467 | 90.0 | 79.0 | 6.7% |
Total | 499 | 3,426 | 4,418 | 3,922 | 98.8% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Nepal in 2022:
- Germany (174.0 kg)
- United States (64.0 kg)
- Australia (60.0 kg)
- Denmark (40.0 kg)
- Thailand (36.0 kg)
- China (35.0 kg)
- Indonesia (18.0 kg)
- Canada (1.0 kg)
This report provides an in-depth analysis of the cotton yarn market in Nepal.
This report provides an in-depth analysis of the global cotton yarn market.
Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
After two years of growth, the global cotton yarn market decreased by -2.8% to $77.2B in 2019. China ($38.9B) led the market, alone. The second position in the ranking was occupied by India ($12.8B). It was followed by Pakistan.
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