Price for Cotton; Yarn Waste (Including Thread Waste) in Canada - 2024

Contents:

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

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

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $250 per ton, with an increase of 5.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 70% against the previous year. Over the period under review, the average export prices attained the peak figure at $333 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($250 per ton), while the average price for exports to India totaled $250 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.3%).

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

The average import price for cotton; yarn waste (including thread waste) stood at $648 per ton in 2022, which is down by -2.5% against the previous year. Over the period under review, the import price saw a perceptible contraction. The pace of growth was the most pronounced in 2018 an increase of 28% against the previous year. The import price peaked at $845 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($664 per ton) and China ($641 per ton), while the price for Pakistan ($640 per ton) and the Netherlands ($641 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of cotton; yarn waste (including thread waste) was finally on the rise to reach 152 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic decrease.

In value terms, exports of cotton; yarn waste (including thread waste) skyrocketed to $38K in 2022. Over the period under review, exports, however, recorded a dramatic descent.

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

1. India (139.9 tons)
2. Norway (12.3 tons)

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

In 2022, approx. 9.9 tons of cotton; yarn waste (including thread waste) were imported into Canada; rising by 110% on 2021 figures. In general, imports, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 404%. As a result, imports attained the peak of 57 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cotton; yarn waste (including thread waste) surged to $6.4K in 2022. Overall, imports recorded a notable increase. The most prominent rate of growth was recorded in 2020 with an increase of 492% against the previous year. As a result, imports attained the peak of $35K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Pakistan (6.3 tons)
2. United States (3.1 tons)
3. Netherlands (0.3 tons)
4. China (0.2 tons)

Source: IndexBox Market Intelligence Platform