Price for Cotton; Yarn Waste (Including Thread Waste) in Cameroon - 2022

Contents:

1. Price for Cotton; Yarn Waste (Including Thread Waste) in Cameroon (FOB) - 2022
2. Price for Cotton; Yarn Waste (Including Thread Waste) in Cameroon (CIF) - 2022
3. Exports of Cotton; Yarn Waste (Including Thread Waste) in Cameroon
4. Imports of Cotton; Yarn Waste (Including Thread Waste) in Cameroon

Price for Cotton; Yarn Waste (Including Thread Waste) in Cameroon (FOB) - 2022

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $754 per ton, waning by -25.7% against the previous year. In general, the export price, however, saw a prominent increase. The growth pace was the most rapid in 2021 an increase of 259%. As a result, the export price attained the peak level of $1,015 per ton, and then contracted markedly 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 Turkey ($2,536 per ton), while the average price for exports to Nigeria totaled $212 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+37.8%).

Price for Cotton; Yarn Waste (Including Thread Waste) in Cameroon (CIF) - 2022

The average import price for cotton; yarn waste (including thread waste) stood at $2,820 per ton in 2022, increasing by 138% against the previous year. In general, the import price recorded a strong expansion. Over the period under review, average import prices reached the maximum at $2,882 per ton in 2018; however, from 2019 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 France ($4,111 per ton), while the price for China totaled $1,304 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.9%).

Exports of Cotton; Yarn Waste (Including Thread Waste) in Cameroon

In 2022, approx. 20 tons of cotton; yarn waste (including thread waste) were exported from Cameroon; falling by -21.8% on 2021. Over the period under review, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 72%.

In value terms, exports of cotton; yarn waste (including thread waste) reduced rapidly to $15K in 2022. In general, exports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2021 when exports increased by 517%. As a result, the exports reached the peak of $26K, and then reduced notably in the following year.

Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Cameroon in 2022:

1. Nigeria (15.1 tons)
2. Turkey (4.6 tons)

Imports of Cotton; Yarn Waste (Including Thread Waste) in Cameroon

In 2022, overseas purchases of cotton; yarn waste (including thread waste) decreased by -59.3% to 50 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 56%.

In value terms, imports of cotton; yarn waste (including thread waste) shrank to $141 in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 7.9%.

Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Cameroon in 2022:

1. France (27.0 kg)
2. China (23.0 kg)

Source: IndexBox Market Intelligence Platform