Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uruguay - 2023

Contents:

  1. Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uruguay (CIF) - 2022
  2. Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uruguay (FOB) - 2022
  3. Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uruguay
  4. Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uruguay

Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uruguay (CIF) - 2022

The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $9,668 per ton in 2022, picking up by 36% against the previous year. In general, the import price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 53% against the previous year. Over the period under review, average import prices hit record highs at $16,318 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($152,179 per ton), while the price for Turkey ($5,441 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+31.5%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $8,558 per ton, approximately equating the previous year. Overall, the export price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 44% against the previous year. As a result, the export price attained the peak level of $23,340 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($11,492 per ton), while the average price for exports to Serbia ($2,628 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 (+8.5%), while the prices for the other major destinations experienced a decline.

Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uruguay

In 2022, supplies from abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -32.7% to 20 tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate measured growth. The growth pace was the most rapid in 2020 when imports increased by 116% against the previous year. As a result, imports attained the peak of 38 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 fell to $196K in 2022. The total import value increased at an average annual rate of +10.4% 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 2020 when imports increased by 45% against the previous year.

Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil47.765.063.171.714.6%
Peru44.950.846.750.54.0%
Turkey20.876.761.940.124.5%
Argentina27.15.530.620.7-8.6%
China1.59.56.66.260.5%
Others3.54.14.56.522.9%
Total14521221319610.6%

Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Uruguay in 2022:

  1. Brazil (7.6 tons)
  2. Turkey (7.4 tons)
  3. Argentina (3.2 tons)
  4. Peru (1.1 tons)
  5. China (0.8 tons)

Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uruguay

In 2022, exports of cotton yarn (other than sewing thread), put up for retail sale from Uruguay declined sharply to 312 kg, dropping by -44.7% compared with 2021. In general, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 840% against the previous year.

In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale declined significantly to $2.7K in 2022. Overall, exports faced a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 718% against the previous year.

Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.60.12.01.72.0%
Norway5.10.42.60.8-46.1%
Sweden0.1N/A0.10.10.0%
SerbiaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.80.64.82.7-26.5%

Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Uruguay in 2022:

  1. United States (206.0 kg)
  2. Norway (71.0 kg)
  3. Sweden (29.0 kg)
  4. Serbia (5.0 kg)

Source: IndexBox Market Intelligence Platform

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