Price for Wadding; Other Articles Thereof, of Cotton in Austria - 2024
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in Austria (CIF) - 2024
- Price for Wadding; Other Articles Thereof, of Cotton in Austria (FOB) - 2024
- Imports of Wadding; Other Articles Thereof, of Cotton in Austria
- Exports of Wadding; Other Articles Thereof, of Cotton in Austria
Price for Wadding; Other Articles Thereof, of Cotton in Austria (CIF) - 2024
The average import price for wadding; other articles thereof, of cotta stood at $47,014 per ton in February 2024, with an increase of 719% against the previous month. Overall, the import price recorded buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Japan ($47,426 per ton), while the price for Turkey amounted to $4,918 per ton.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Bulgaria (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Cotton in Austria (FOB) - 2024
In February 2024, the average export price for wadding; other articles thereof, of cotta amounted to $11,875 per ton, picking up by 50% against the previous month. Overall, export price indicated perceptible growth from February 2023 to February 2024: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, export price for wadding; other articles thereof, of cotta increased by +49.8% against January 2024 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From February 2023 to February 2024, the rate of growth in terms of prices for Croatia amounted to +4.3% per month.
Imports of Wadding; Other Articles Thereof, of Cotton in Austria
In 2022, supplies from abroad of wadding; other articles thereof, of cotta increased by 10% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a slight decline.
In value terms, imports of wadding; other articles thereof, of cotta declined slightly to $10M in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 6.1%. As a result, imports attained the peak of $10M, leveling off in the following year.
| Import of Wadding; Other Articles Thereof, of Cotton in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.2 | 6.7 | 7.4 | 7.4 | 12.5% |
| Poland | 1.6 | 0.9 | 1.0 | 1.5 | -2.1% |
| Croatia | N/A | 0.1 | 0.4 | 0.4 | 100.0% |
| Italy | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Bulgaria | 1.6 | 0.5 | 0.5 | 0.2 | -50.0% |
| Lithuania | N/A | 0.2 | N/A | N/A | 0% |
| India | 0.6 | 0.4 | N/A | N/A | -33.3% |
| Others | 1.0 | 0.6 | 0.7 | 0.4 | -26.3% |
| Total | 10.2 | 9.7 | 10.3 | 10.3 | 0.3% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Austria in 2022:
- Germany (1113.2 tons)
- Poland (390.4 tons)
- Croatia (85.6 tons)
- Italy (51.7 tons)
- Bulgaria (32.6 tons)
Exports of Wadding; Other Articles Thereof, of Cotton in Austria
For the fourth year in a row, Austria recorded growth in overseas shipments of wadding; other articles thereof, of cotta, which increased by 13% to 508 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 221% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of wadding; other articles thereof, of cotta reached $2.9M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 156%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Wadding; Other Articles Thereof, of Cotton in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 11.8 | 86.8 | 75.4 | 742 | 297.7% |
| Slovenia | 137 | 255 | 622 | 494 | 53.3% |
| Italy | 43.3 | 92.0 | 299 | 474 | 122.0% |
| Hungary | 90.4 | 365 | 335 | 324 | 53.0% |
| Romania | 14.5 | 10.3 | 782 | 284 | 169.6% |
| Lithuania | 7.8 | 6.4 | 45.9 | 124 | 151.4% |
| Slovakia | 50.2 | 44.4 | 358 | 116 | 32.2% |
| Others | 332 | 272 | 380 | 385 | 5.1% |
| Total | 686 | 1,132 | 2,897 | 2,943 | 62.5% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Austria in 2022:
- Czech Republic (146.7 tons)
- Italy (69.9 tons)
- Slovenia (67.4 tons)
- Hungary (59.1 tons)
- Romania (55.3 tons)
- Lithuania (33.6 tons)
- Slovakia (32.8 tons)
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