Price for Wadding; Other Articles Thereof, of Cotton in Egypt - 2024

Contents:

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

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

In 2022, the average import price for wadding; other articles thereof, of cotta amounted to $6,102 per ton, surging by 3.5% against the previous year. In general, the import price, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 107%. As a result, import price attained the peak level of $9,114 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($6,105 per ton) and Germany ($6,103 per ton), while the price for the Netherlands ($6,101 per ton) and China ($6,101 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for wadding; other articles thereof, of cotta stood at $5,780 per ton in 2021, leveling off at the previous year. Over the period under review, the export price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2014 when the average export price increased by 11%. The export price peaked at $7,144 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,250 per ton), while the average price for exports to Libya ($5,780 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+19.7%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, purchases abroad of wadding; other articles thereof, of cotta decreased by -94.6% to 9.9 tons in 2022. Over the period under review, imports faced a precipitous curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 104% against the previous year.

In value terms, imports of wadding; other articles thereof, of cotta reduced rapidly to $60K in 2022. Overall, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2020 when imports increased by 104% against the previous year.

Import of Wadding; Other Articles Thereof, of Cotton in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy13.217.939.218.812.5%
Germany6.2N/AN/A15.936.9%
NetherlandsN/A6.714.113.340.9%
China90.742.48.26.7-58.0%
Turkey1013603255.7-61.6%
Spain105221467N/A110.9%
PolandN/AN/A211N/A0%
Others6.08.417.40.1-74.5%
Total3226571,08260.4-42.8%

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

  1. Italy (3.1 tons)
  2. Germany (2.6 tons)
  3. Netherlands (2.2 tons)
  4. China (1.1 tons)
  5. Turkey (0.9 tons)

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

In 2021, exports of wadding; other articles thereof, of cotta from Egypt soared to 36 tons, rising by 66% against the previous year. In general, exports, however, recorded a precipitous setback.

In value terms, exports of wadding; other articles thereof, of cotta soared to $206K in 2021. Over the period under review, exports, however, saw a dramatic decline.

Export of Wadding; Other Articles Thereof, of Cotton in Egypt (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
LibyaN/A12415222.6%
Saudi Arabia843N/A52.3-75.1%
OthersN/A0.61.4133.3%
Total843125206-50.6%

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

  1. Libya (26.3 tons)
  2. Saudi Arabia (9.0 tons)

Source: IndexBox Market Intelligence Platform

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