Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Spain - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Spain (CIF) - 2024
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Spain (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Spain
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Spain
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Spain (CIF) - 2024
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $17,024 per ton in March 2024, waning by -38.7% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 182% month-to-month. The import price peaked at $31,424 per ton in August 2023; however, from September 2023 to March 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was France ($37,979 per ton), while the price for Turkey ($4,523 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Portugal (+12.7%), 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 Spain (FOB) - 2022
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $24,750 per ton in 2022, waning by -7.4% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.9% 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 decreased by -16.8% against 2020 indices. The growth pace was the most rapid in 2020 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $29,735 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($34,117 per ton), while the average price for exports to Algeria ($5,876 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 the UK (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Spain
In 2022, after three years of growth, there was significant decline in supplies from abroad of cotton yarn (other than sewing thread), put up for retail sale, when their volume decreased by -20.2% to 515 tons. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. As a result, imports attained the peak of 646 tons, and then declined sharply in the following year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale dropped sharply to $7.7M in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 57%.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,741 | 2,428 | 3,636 | 2,832 | 17.6% |
| France | 833 | 1,314 | 1,973 | 1,438 | 20.0% |
| Turkey | 502 | 461 | 1,513 | 1,253 | 35.6% |
| Hungary | 521 | 595 | 723 | 501 | -1.3% |
| Netherlands | 4.8 | 124 | 190 | 300 | 296.9% |
| India | 11.7 | 2.6 | 26.9 | 288 | 190.9% |
| China | 159 | 275 | 341 | 167 | 1.6% |
| Belgium | 49.1 | 450 | 374 | 0.9 | -73.6% |
| Others | 553 | 1,202 | 1,013 | 870 | 16.3% |
| Total | 4,374 | 6,852 | 9,790 | 7,652 | 20.5% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Spain in 2022:
- Turkey (252.0 tons)
- Italy (90.0 tons)
- India (57.8 tons)
- France (30.3 tons)
- Hungary (18.0 tons)
- China (13.7 tons)
- Netherlands (12.0 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Spain
In 2022, exports of cotton yarn (other than sewing thread), put up for retail sale from Spain dropped to 167 tons, waning by -10.2% compared with the previous year's figure. Over the period under review, exports saw a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of 186 tons, and then declined in the following year.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale reduced markedly to $4.1M in 2022. The total export value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of $5M, and then dropped notably in the following year.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 827 | 773 | 1,112 | 852 | 1.0% |
| Germany | 605 | 586 | 706 | 574 | -1.7% |
| Netherlands | 458 | 495 | 609 | 544 | 5.9% |
| Italy | 170 | 196 | 374 | 317 | 23.1% |
| Switzerland | 176 | 266 | 248 | 271 | 15.5% |
| Belgium | 278 | 259 | 399 | 258 | -2.5% |
| United States | 335 | 180 | 153 | 196 | -16.4% |
| United Kingdom | 46.8 | 57.7 | 113 | 96.2 | 27.1% |
| Russia | N/A | N/A | 15.8 | 84.8 | 436.7% |
| Algeria | 7.2 | N/A | 60.5 | 79.8 | 123.0% |
| Portugal | 60.0 | 68.8 | 95.1 | 75.5 | 8.0% |
| Mexico | 81.3 | 32.9 | 45.4 | 69.8 | -5.0% |
| Serbia | N/A | 1.5 | N/A | 57.2 | 517.5% |
| Others | 666 | 722 | 1,044 | 662 | -0.2% |
| Total | 3,710 | 3,638 | 4,974 | 4,137 | 3.7% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Spain in 2022:
- France (33.2 tons)
- Netherlands (20.9 tons)
- Germany (16.8 tons)
- Switzerland (13.7 tons)
- Algeria (13.6 tons)
- Italy (12.6 tons)
- Belgium (12.0 tons)
- United States (6.7 tons)
- United Kingdom (3.3 tons)
- Portugal (3.1 tons)
- Serbia (2.9 tons)
- Russia (2.9 tons)
- Mexico (2.7 tons)
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