Price for Cotton; Yarn Waste (Including Thread Waste) in Greece - 2023

Contents:

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

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

In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $1,132 per ton, surging by 23% against the previous year. In general, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2015 an increase of 323%. As a result, import price attained the peak level of $3,894 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 the United States amounted to -2.1% per year.

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

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $1,346 per ton, picking up by 30% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cotton; yarn waste (including thread waste) increased by +45.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 33%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,761 per ton), while the average price for exports to Bulgaria stood at $1,203 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of cotton; yarn waste (including thread waste), when their volume increased by 12% to 20 tons. Over the period under review, imports, however, showed a sharp decline.

In value terms, imports of cotton; yarn waste (including thread waste) surged to $23K in 2022. In general, imports, however, showed a sharp setback.

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

1. United States (20.1 tons)

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

Exports of cotton; yarn waste (including thread waste) from Greece reduced notably to 16 tons in 2022, declining by -43.5% compared with the previous year. Over the period under review, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 0.9%.

In value terms, exports of cotton; yarn waste (including thread waste) shrank sharply to $21K in 2022. In general, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year.

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

1. Bulgaria (11.6 tons)
2. Italy (4.0 tons)

Source: IndexBox Market Intelligence Platform