Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan - 2023
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan (FOB) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan (CIF) - 2022
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan (FOB) - 2022
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $7,657 per ton in 2022, reducing by -10% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cotton yarn (other than sewing thread), put up for retail sale increased by +27.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 41%. Over the period under review, the average export prices attained the peak figure at $12,619 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
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 Austria ($17,732 per ton), while the average price for exports to Indonesia ($1,292 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 Germany (+11.4%), 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 Pakistan (CIF) - 2022
In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $4,037 per ton, dropping by -38.9% against the previous year. In general, the import price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2021 an increase of 129%. The import price peaked at $6,700 per ton in 2013; however, from 2014 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 Egypt ($7,341 per ton), while the price for France ($417 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan
Exports of cotton yarn (other than sewing thread), put up for retail sale from Pakistan fell significantly to 221 tons in 2022, shrinking by -18.9% against the previous year. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 54%.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale dropped rapidly to $1.7M in 2022. In general, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 117%.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,552 | 597 | 1,230 | 983 | -14.1% |
| Philippines | 730 | 148 | 308 | 173 | -38.1% |
| Austria | 92.0 | 25.3 | 130 | 74.8 | -6.7% |
| United Kingdom | 158 | 53.3 | 96.4 | 59.4 | -27.8% |
| Guyana | 8.3 | N/A | N/A | 41.4 | 70.9% |
| New Zealand | 10.8 | 6.8 | 48.2 | 36.5 | 50.1% |
| Lebanon | 61.3 | 23.5 | 48.4 | 35.1 | -17.0% |
| Sri Lanka | 7.0 | 1.7 | 27.6 | 34.4 | 70.0% |
| Thailand | 58.8 | 19.8 | 35.7 | 22.7 | -27.2% |
| United Arab Emirates | 0.8 | 0.2 | 30.2 | 18.3 | 183.9% |
| Myanmar | 44.9 | 13.6 | 19.2 | 16.3 | -28.7% |
| Indonesia | 72.4 | 20.3 | 30.6 | 16.2 | -39.3% |
| Hong Kong SAR | 52.8 | 13.6 | 13.7 | 16.2 | -32.6% |
| Others | 748 | 144 | 303 | 167 | -39.3% |
| Total | 3,596 | 1,067 | 2,321 | 1,694 | -22.2% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Pakistan in 2022:
- Germany (62.3 tons)
- Philippines (31.0 tons)
- Lebanon (27.0 tons)
- Indonesia (12.6 tons)
- Myanmar (10.0 tons)
- United Arab Emirates (8.7 tons)
- New Zealand (8.1 tons)
- Sri Lanka (7.0 tons)
- United Kingdom (6.9 tons)
- Guyana (6.3 tons)
- Thailand (5.4 tons)
- Austria (4.2 tons)
- Hong Kong SAR (4.0 tons)
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan
In 2022, imports of cotton yarn (other than sewing thread), put up for retail sale into Pakistan surged to 11 tons, growing by 87% compared with the previous year. In general, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 187% against the previous year. As a result, imports attained the peak of 27 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale amounted to $45K in 2022. Overall, imports, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2020 when imports increased by 53% against the previous year. As a result, imports reached the peak of $78K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 40.9 | 65.0 | 34.2 | 38.5 | -2.0% |
| Italy | 4.2 | 6.5 | 2.7 | 3.5 | -5.9% |
| United Arab Emirates | 2.2 | 2.1 | 0.7 | 1.2 | -18.3% |
| France | 0.4 | 0.7 | 0.3 | 0.3 | -9.1% |
| Others | 3.1 | 3.8 | 1.5 | 1.5 | -21.5% |
| Total | 50.8 | 78.0 | 39.4 | 45.1 | -3.9% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Pakistan in 2022:
- Egypt (5.3 tons)
- Italy (4.1 tons)
- France (0.8 tons)
- United Arab Emirates (0.5 tons)
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