Price for Wadding; Other Articles Thereof, of Cotton in Germany - 2024
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in Germany (FOB) - 2024
- Price for Wadding; Other Articles Thereof, of Cotton in Germany (CIF) - 2024
- Exports of Wadding; Other Articles Thereof, of Cotton in Germany
- Imports of Wadding; Other Articles Thereof, of Cotton in Germany
Price for Wadding; Other Articles Thereof, of Cotton in Germany (FOB) - 2024
The average export price for wadding; other articles thereof, of cotta stood at $7,464 per ton in February 2024, rising by 9.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($10,170 per ton), while the average price for exports to the UK ($5,353 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Cotton in Germany (CIF) - 2024
In February 2024, the average import price for wadding; other articles thereof, of cotta amounted to $4,963 per ton, reducing by -23.3% against the previous month. In general, the import price saw a slight contraction. The growth pace was the most rapid in January 2024 when the average import price increased by 25% month-to-month. Over the period under review, average import prices attained the peak figure at $6,571 per ton in October 2023; however, from November 2023 to February 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was China ($8,585 per ton), while the price for Turkey stood at $4,595 per ton.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by France (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wadding; Other Articles Thereof, of Cotton in Germany
Exports of wadding; other articles thereof, of cotta from Germany skyrocketed to 11K tons in 2022, increasing by 23% against 2021 figures. The total export volume increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of cotta rose rapidly to $73M in 2022. The total export value increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Wadding; Other Articles Thereof, of Cotton in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.0 | 8.3 | 7.4 | 10.2 | 0.7% |
| Austria | 6.5 | 7.5 | 9.1 | 9.2 | 12.3% |
| Poland | 6.7 | 6.6 | 6.8 | 7.4 | 3.4% |
| Czech Republic | 4.4 | 5.1 | 6.7 | 6.1 | 11.5% |
| Netherlands | 3.0 | 2.2 | 3.6 | 4.4 | 13.6% |
| Italy | 1.5 | 1.7 | 4.0 | 4.2 | 40.9% |
| Hungary | 2.4 | 2.4 | 3.4 | 4.2 | 20.5% |
| Switzerland | 3.9 | 4.2 | 4.7 | 3.8 | -0.9% |
| United Kingdom | 1.7 | 1.9 | 3.7 | 3.1 | 22.2% |
| Romania | 0.8 | 0.9 | 1.9 | 2.8 | 51.8% |
| Slovakia | 2.2 | 2.6 | 2.7 | 2.8 | 8.4% |
| Croatia | 1.7 | 1.6 | 1.8 | 2.1 | 7.3% |
| Turkey | 2.3 | 1.7 | 0.4 | 0.4 | -44.2% |
| Others | 8.1 | 8.3 | 11.2 | 12.6 | 15.9% |
| Total | 55.2 | 54.9 | 67.2 | 73.4 | 10.0% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Germany in 2022:
- France (1876.7 tons)
- Austria (1559.6 tons)
- Poland (1262.6 tons)
- Czech Republic (883.7 tons)
- Netherlands (727.6 tons)
- Hungary (595.9 tons)
- United Kingdom (508.2 tons)
- Italy (494.5 tons)
- Switzerland (437.6 tons)
- Romania (389.5 tons)
- Slovakia (382.8 tons)
- Croatia (335.6 tons)
- Turkey (67.2 tons)
Imports of Wadding; Other Articles Thereof, of Cotton in Germany
In 2022, the amount of wadding; other articles thereof, of cotta imported into Germany skyrocketed to 10K tons, increasing by 22% against 2021 figures. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of wadding; other articles thereof, of cotta stood at $54M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wadding; Other Articles Thereof, of Cotton in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 8.2 | 10.3 | 12.0 | 21.3 | 37.5% |
| China | 3.1 | 4.0 | 8.2 | 7.6 | 34.8% |
| Bulgaria | 6.8 | 7.3 | 7.9 | 6.0 | -4.1% |
| France | 7.8 | 6.6 | 5.8 | 5.8 | -9.4% |
| Netherlands | 6.6 | 11.4 | 6.1 | 3.9 | -16.1% |
| Estonia | 0.4 | 2.2 | 2.1 | 2.9 | 93.5% |
| Greece | 0.6 | 2.0 | 0.3 | 2.5 | 60.9% |
| Poland | 8.3 | 3.8 | 1.9 | 1.9 | -38.8% |
| Others | 7.5 | 5.5 | 3.3 | 2.2 | -33.6% |
| Total | 49.3 | 53.0 | 47.7 | 54.1 | 3.1% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Germany in 2022:
- Turkey (5.1K tons)
- Bulgaria (1.3K tons)
- France (0.9K tons)
- Netherlands (0.6K tons)
- Estonia (0.6K tons)
- Greece (0.6K tons)
- Poland (0.4K tons)
- China (0.4K tons)
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