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

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

The average import price for cotton; yarn waste (including thread waste) stood at $1,545 per ton in 2022, increasing by 30% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 1,367% against the previous year. As a result, import price attained the peak level of $14,667 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +3.1% per year.

Imports of Cotton; Yarn Waste (Including Thread Waste) in New Zealand

In 2022, supplies from abroad of cotton; yarn waste (including thread waste) decreased by -31.2% to 33 kg, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 212%. As a result, imports reached the peak of 53 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cotton; yarn waste (including thread waste) contracted to $51 in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 132% against the previous year.