Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK (FOB) - 2024
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK (CIF) - 2022
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK (FOB) - 2024
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $85,366 per ton in April 2024, stabilizing at the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 an increase of 13% month-to-month. The export price peaked at $88,494 per ton in December 2023; however, from January 2024 to April 2024, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In April 2024, the country with the highest price was France ($97,543 per ton), while the average price for exports to the United States amounted to $80,410 per ton.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.0%).
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK (CIF) - 2022
In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $12,595 per ton, rising by 2.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2014 an increase of 20% against the previous year. As a result, import price attained the peak level of $15,872 per ton. From 2015 to 2022, the average import prices remained 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 France ($57,380 per ton), while the price for Pakistan ($7,967 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.5%), 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 the UK
In 2022, shipments abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -9% to 815 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 170%. As a result, the exports reached the peak of 896 tons, and then fell in the following year.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale fell to $43M in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 127% against the previous year. As a result, the exports attained the peak of $46M, and then contracted in the following year.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.0 | 18.3 | 27.6 | 25.7 | 10.6% |
| France | N/A | N/A | 15.4 | 15.6 | 1.3% |
| Netherlands | N/A | N/A | N/A | 0.3 | 0% |
| Ireland | 0.1 | 0.1 | 0.3 | N/A | 73.2% |
| Others | 1.6 | 1.8 | 2.5 | 1.5 | -2.1% |
| Total | 20.8 | 20.2 | 45.9 | 43.2 | 27.6% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from the UK in 2022:
- United States (499.4 tons)
- France (253.2 tons)
- Netherlands (18.6 tons)
- Ireland (2.7 tons)
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK
In 2022, supplies from abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -29% to 495 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a perceptible curtailment. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, imports attained the peak of 697 tons, and then fell rapidly in the following year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale fell rapidly to $6.2M in 2022. In general, imports showed a pronounced curtailment. The growth pace was the most rapid in 2020 when imports increased by 14%.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 768 | 633 | 889 | 1,636 | 28.7% |
| Turkey | 731 | 440 | 1,376 | 1,000 | 11.0% |
| France | 811 | 553 | 1,266 | 815 | 0.2% |
| Bulgaria | 381 | 553 | 270 | 758 | 25.8% |
| Hungary | 9.2 | 31.9 | 836 | 495 | 277.5% |
| India | 64.1 | 128 | 73.8 | 316 | 70.2% |
| Italy | 661 | 646 | 1,081 | 262 | -26.5% |
| Poland | 6.2 | 44.9 | 43.8 | 222 | 229.6% |
| Pakistan | 165 | 18.8 | 6.0 | 143 | -4.7% |
| Germany | 948 | 1,686 | 807 | 78.6 | -56.4% |
| Netherlands | 1,042 | 1,802 | 1,028 | 44.1 | -65.2% |
| Portugal | 56.0 | 288 | 200 | 35.7 | -13.9% |
| Sweden | 525 | 765 | 9.5 | 7.3 | -76.0% |
| Others | 828 | 375 | 694 | 421 | -20.2% |
| Total | 6,995 | 7,964 | 8,579 | 6,234 | -3.8% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to the UK in 2022:
- China (156.7 tons)
- Turkey (115.6 tons)
- Bulgaria (67.1 tons)
- India (35.6 tons)
- Pakistan (18.0 tons)
- Italy (17.0 tons)
- Hungary (17.0 tons)
- Poland (16.9 tons)
- France (14.2 tons)
- Portugal (6.7 tons)
- Germany (4.1 tons)
- Netherlands (1.7 tons)
- Sweden (0.2 tons)
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