Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Norway - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Norway (FOB) - 2024
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Norway (CIF) - 2024
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Norway
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Norway
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Norway (FOB) - 2024
In May 2024, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $23,332 per ton, rising by 25% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked at $23,709 per ton in September 2023; however, from October 2023 to May 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In May 2024, the country with the highest price was South Korea ($40,830 per ton), while the average price for exports to the Czech Republic ($13,922 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.3%), 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 Norway (CIF) - 2024
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $15,296 per ton in May 2024, with an increase of 14% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2023 when the average import price increased by 36% month-to-month. As a result, import price reached the peak level of $20,912 per ton. From January 2024 to May 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($42,885 per ton), while the price for the Netherlands ($11,900 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Romania (+1,208.5%), 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 Norway
After three years of growth, overseas shipments of cotton yarn (other than sewing thread), put up for retail sale decreased by -26.1% to 241 tons in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 47% against the previous year.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale shrank remarkably to $4.9M in 2022. Overall, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 66%.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2,373 | 4,093 | 4,534 | 3,114 | 9.5% |
| Denmark | 429 | 694 | 907 | 707 | 18.1% |
| United Kingdom | 4.4 | 3.6 | 620 | 374 | 339.7% |
| Germany | 125 | 189 | 238 | 200 | 17.0% |
| Russia | 119 | 172 | 187 | 30.1 | -36.8% |
| Others | 215 | 256 | 448 | 449 | 27.8% |
| Total | 3,265 | 5,408 | 6,935 | 4,874 | 14.3% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Norway in 2022:
- Sweden (175.3 tons)
- United Kingdom (28.5 tons)
- Denmark (15.9 tons)
- Germany (5.8 tons)
- Russia (1.3 tons)
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Norway
In 2022, purchases abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -56.5% to 240 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale dropped rapidly to $3.5M in 2022. Overall, imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 46%.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 1,309 | 2,329 | 3,611 | 1,475 | 4.1% |
| Netherlands | 746 | 782 | 1,812 | 427 | -17.0% |
| Denmark | 300 | 413 | 368 | 316 | 1.7% |
| India | 117 | 156 | 525 | 299 | 36.7% |
| Peru | 48.6 | 109 | 311 | 281 | 79.5% |
| China | 438 | 1,058 | 422 | 184 | -25.1% |
| Sweden | 112 | 156 | 185 | 120 | 2.3% |
| Portugal | 45.0 | 107 | 121 | 80.0 | 21.1% |
| Others | 626 | 354 | 508 | 349 | -17.7% |
| Total | 3,740 | 5,463 | 7,862 | 3,530 | -1.9% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Norway in 2022:
- Bulgaria (130.3 tons)
- Netherlands (34.2 tons)
- India (28.4 tons)
- Peru (11.3 tons)
- China (8.9 tons)
- Denmark (7.5 tons)
- Portugal (5.4 tons)
- Sweden (5.2 tons)
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