Price for Wadding; Other Articles Thereof, of Cotton in India - 2024
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in India (FOB) - 2022
- Price for Wadding; Other Articles Thereof, of Cotton in India (CIF) - 2022
- Exports of Wadding; Other Articles Thereof, of Cotton in India
- Imports of Wadding; Other Articles Thereof, of Cotton in India
Price for Wadding; Other Articles Thereof, of Cotton in India (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of cotta amounted to $3,606 per ton, surging by 26% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wadding; other articles thereof, of cotta increased by +39.9% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 28% against the previous year. As a result, the export price attained the peak level of $4,065 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,167 per ton), while the average price for exports to Poland ($2,337 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 the United States (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Cotton in India (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, of cotta amounted to $2,503 per ton, declining by -11.1% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2016 an increase of 137% against the previous year. Over the period under review, average import prices reached the peak figure at $10,263 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($12,603 per ton), while the price for China ($1,247 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wadding; Other Articles Thereof, of Cotton in India
In 2022, exports of wadding; other articles thereof, of cotta from India surged to 19K tons, picking up by 24% against 2021 figures. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. 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 soared to $69M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Cotton in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.2 | 10.3 | 9.6 | 21.2 | 37.2% |
| Germany | 1.8 | 2.3 | 3.9 | 9.4 | 73.5% |
| Netherlands | 4.7 | 4.3 | 4.6 | 8.1 | 19.9% |
| Italy | 3.7 | 4.9 | 4.9 | 6.3 | 19.4% |
| Belgium | 3.8 | 2.6 | 2.4 | 5.0 | 9.6% |
| United Kingdom | 4.8 | 4.1 | 4.0 | 3.7 | -8.3% |
| South Africa | 1.4 | 1.8 | 2.1 | 1.9 | 10.7% |
| Poland | 4.7 | 3.8 | 3.7 | 1.7 | -28.8% |
| Greece | 0.4 | 0.6 | 0.6 | 1.5 | 55.4% |
| Saudi Arabia | 0.1 | 0.5 | 0.1 | 1.2 | 128.9% |
| Japan | 0.8 | 1.3 | 0.8 | 1.2 | 14.5% |
| Spain | 0.8 | 0.7 | 1.2 | 1.1 | 11.2% |
| Switzerland | 1.6 | 0.5 | 0.9 | N/A | -25.0% |
| Others | 7.6 | 7.5 | 5.6 | 6.9 | -3.2% |
| Total | 44.5 | 45.3 | 44.3 | 69.4 | 16.0% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from India in 2022:
- Germany (3.9K tons)
- Netherlands (3.2K tons)
- United States (2.6K tons)
- Italy (2.5K tons)
- Belgium (1.6K tons)
- United Kingdom (0.8K tons)
- Poland (0.7K tons)
- Greece (0.5K tons)
- Spain (0.5K tons)
- Saudi Arabia (0.4K tons)
- South Africa (0.3K tons)
- Japan (0.3K tons)
Imports of Wadding; Other Articles Thereof, of Cotton in India
Imports of wadding; other articles thereof, of cotta into India skyrocketed to 1.5K tons in 2022, increasing by 93% on 2021 figures. Over the period under review, imports saw strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of wadding; other articles thereof, of cotta surged to $3.6M in 2022. In general, imports recorded buoyant growth. 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 India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 570 | 397 | 705 | 1,264 | 30.4% |
| Italy | 152 | 89.0 | 73.7 | 1,056 | 90.8% |
| Poland | 245 | 53.3 | 141 | 410 | 18.7% |
| Turkey | 279 | 233 | 255 | 408 | 13.5% |
| Canada | 152 | 203 | 534 | 252 | 18.4% |
| United States | 509 | 361 | 154 | 73.4 | -47.6% |
| Others | 376 | 192 | 268 | 184 | -21.2% |
| Total | 2,283 | 1,528 | 2,131 | 3,649 | 16.9% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to India in 2022:
- China (1013.6 tons)
- Italy (201.8 tons)
- Turkey (94.9 tons)
- Poland (65.3 tons)
- United States (31.1 tons)
- Canada (20.0 tons)
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