Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Peru - 2022
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Peru (FOB) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Peru (CIF) - 2022
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Peru
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Peru
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Peru (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $26,664 per ton, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2018 when the average export price increased by 31%. The export price peaked at $26,682 per ton in 2021, and then shrank in the following year.
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 Norway ($48,934 per ton), while the average price for exports to Panama ($4,916 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 Norway (+10.0%), 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 Peru (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $8,038 per ton in 2022, reducing by -21% against the previous year. Overall, the import price, however, saw notable growth. The growth pace was the most rapid in 2016 an increase of 120%. The import price peaked at $18,632 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($34,389 per ton), while the price for China ($1,974 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+24.1%), 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 Peru
In 2022, the amount of cotton yarn (other than sewing thread), put up for retail sale exported from Peru shrank notably to 135 tons, declining by -22.4% compared with the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 81% against the previous year. As a result, the exports attained the peak of 174 tons, and then contracted notably in the following year.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale reduced rapidly to $3.6M in 2022. Overall, total exports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 81%. As a result, the exports attained the peak of $4.6M, and then declined remarkably in the following year.
Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,531 | 1,656 | 2,736 | 2,323 | 14.9% |
Germany | 1,218 | 187 | 706 | 263 | -40.0% |
Colombia | 160 | 187 | 205 | 253 | 16.5% |
United Kingdom | 76.8 | 160 | 349 | 231 | 44.4% |
Ecuador | 75.2 | 28.9 | 92.7 | 118 | 16.2% |
Canada | 49.6 | 71.4 | 173 | 99.9 | 26.3% |
Panama | 28.3 | N/A | 2.2 | 36.4 | 8.8% |
Nepal | N/A | N/A | N/A | 29.9 | 0% |
Others | 266 | 260 | 366 | 237 | -3.8% |
Total | 3,405 | 2,551 | 4,630 | 3,590 | 1.8% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Peru in 2022:
- United States (79.0 tons)
- Germany (8.7 tons)
- Colombia (8.3 tons)
- Ecuador (7.9 tons)
- United Kingdom (7.7 tons)
- Panama (7.4 tons)
- Canada (3.3 tons)
- Nepal (2.1 tons)
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Peru
After three years of growth, overseas purchases of cotton yarn (other than sewing thread), put up for retail sale decreased by -10.4% to 17 tons in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 230% against the previous year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale dropped remarkably to $138K in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 140%. As a result, imports reached the peak of $195K, and then reduced notably in the following year.
Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 12.7 | 4.8 | 70.0 | 78.6 | 83.6% |
Colombia | 11.9 | 0.7 | 33.9 | 17.9 | 14.6% |
China | 2.1 | 23.0 | 11.1 | 13.8 | 87.3% |
Turkey | 15.2 | 13.8 | 15.7 | 10.6 | -11.3% |
France | 2.5 | 37.2 | 50.9 | 9.2 | 54.4% |
India | 0.5 | 1.7 | N/A | 5.0 | 115.4% |
Chile | N/A | N/A | N/A | 2.7 | 0% |
United States | N/A | N/A | 13.3 | N/A | 0% |
Others | 0.3 | N/A | N/A | 0.3 | 0.0% |
Total | 45.2 | 81.2 | 195 | 138 | 45.1% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Peru in 2022:
- China (7.0 tons)
- Brazil (5.6 tons)
- Turkey (2.8 tons)
- India (0.6 tons)
- Colombia (0.5 tons)
- Chile (0.4 tons)
- France (0.2 tons)
This report provides an in-depth analysis of the cotton yarn market in Peru.
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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