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

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

In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $1,420 per ton, dropping by -4.5% against the previous year. Overall, the import price, however, showed a perceptible expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 78%. Over the period under review, average import prices reached the maximum at $1,487 per ton in 2021, and then reduced slightly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +11.4% per year.

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

The average export price for cotton; yarn waste (including thread waste) stood at $153 per ton in 2022, falling by -23.4% against the previous year. In general, the export price faced a drastic downturn. The pace of growth appeared the most rapid in 2017 an increase of 9.2%. Over the period under review, the average export prices reached the peak figure at $585 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($500 per ton), while the average price for exports to Brazil totaled $140 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+0.6%).

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

In 2022, after two years of decline, there was significant growth in overseas purchases of cotton; yarn waste (including thread waste), when their volume increased by 2,981% to 30 tons. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton; yarn waste (including thread waste) surged to $43K in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cotton; Yarn Waste (Including Thread Waste) in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	0.2	0.3	1.1	42.9	498.6%
India	1.2	1.1	N/A	N/A	-8.3%
Others	0.1	0.1	0.4	N/A	100.0%
Total	1.4	1.4	1.5	42.9	212.9%

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

United States (30.2 tons)

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

In 2022, exports of cotton; yarn waste (including thread waste) from Ecuador amounted to 216 tons, remaining relatively unchanged against the year before. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 98% against the previous year.

In value terms, exports of cotton; yarn waste (including thread waste) dropped dramatically to $33K in 2022. Overall, exports, however, saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 59%.