Price for Wadding; Other Articles Thereof, of Cotton in Bangladesh - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Cotton in Bangladesh (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, of Cotton in Bangladesh (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Cotton in Bangladesh
  4. Exports of Wadding; Other Articles Thereof, of Cotton in Bangladesh

Price for Wadding; Other Articles Thereof, of Cotton in Bangladesh (CIF) - 2022

The average import price for wadding; other articles thereof, of cotta stood at $4,166 per ton in 2022, which is down by -3.3% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 25%. The import price peaked at $5,668 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($5,223 per ton), while the price for China amounted to $3,762 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%).

Price for Wadding; Other Articles Thereof, of Cotton in Bangladesh (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, of cotta amounted to $8,099 per ton, with an increase of 1.5% against the previous year. Over the period under review, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 104%. The export price peaked at $13,173 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($36,667 per ton), while the average price for exports to Canada ($3,846 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+114.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, of Cotton in Bangladesh

In 2022, approx. 202 tons of wadding; other articles thereof, of cotta were imported into Bangladesh; picking up by 4.8% compared with the previous year. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, imports reached the peak of 215 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of wadding; other articles thereof, of cotta reached $843K in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 3.4% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

Import of Wadding; Other Articles Thereof, of Cotton in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5505396116143.7%
Thailand1601751371722.4%
Others11289.783.656.7-20.3%
Total8238048318430.8%

Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Bangladesh in 2022:

  1. China (163.3 tons)
  2. Thailand (32.9 tons)

Exports of Wadding; Other Articles Thereof, of Cotton in Bangladesh

In 2022, the amount of wadding; other articles thereof, of cotta exported from Bangladesh soared to 131 kg, picking up by 44% on the previous year's figure. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 200%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of wadding; other articles thereof, of cotta surged to $1.1K in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 48%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Wadding; Other Articles Thereof, of Cotton in Bangladesh (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16610216541035.2%
United States77.020.048.021741.3%
SpainN/A8.027.0110270.8%
AustriaN/AN/A28.063.0125.0%
Canada7.01.06.050.092.6%
Poland2.015.093.016.0100.0%
Bahrain13.01.01.04.0-32.5%
MyanmarN/A178N/AN/A0%
Others67.016735819141.8%
Total3324927261,06147.3%

Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Bangladesh in 2022:

  1. Germany (79.0 kg)
  2. Canada (13.0 kg)
  3. United States (12.0 kg)
  4. Austria (4.0 kg)
  5. Poland (3.0 kg)
  6. Spain (3.0 kg)
  7. Bahrain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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