Price for Wadding; Other Articles Thereof, of Cotton in Sweden - 2024
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in Sweden (CIF) - 2024
- Price for Wadding; Other Articles Thereof, of Cotton in Sweden (FOB) - 2024
- Imports of Wadding; Other Articles Thereof, of Cotton in Sweden
- Exports of Wadding; Other Articles Thereof, of Cotton in Sweden
Price for Wadding; Other Articles Thereof, of Cotton in Sweden (CIF) - 2024
The average import price for wadding; other articles thereof, of cotta stood at $5,222 per ton in February 2024, falling by -17.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 31% month-to-month. The import price peaked at $7,206 per ton in September 2023; however, from October 2023 to February 2024, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was Turkey ($5,369 per ton), while the price for China amounted to $4,894 per ton.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Turkey (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Cotton in Sweden (FOB) - 2024
In February 2024, the average export price for wadding; other articles thereof, of cotta amounted to $8,607 per ton, declining by -2.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in January 2024 an increase of 107% month-to-month. As a result, the export price reached the peak level of $8,844 per ton, and then reduced modestly in the following month.
There were significant differences in the average prices for the major export markets. In February 2024, the country with the highest price was Norway ($10,449 per ton), while the average price for exports to Iceland stood at $2,227 per ton.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Cotton in Sweden
In 2022, imports of wadding; other articles thereof, of cotta into Sweden surged to 1.6K tons, with an increase of 22% on 2021. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. 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 soared to $8.6M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. 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 Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 1,345 | 1,266 | 1,544 | 1,712 | 8.4% |
| Turkey | 1,616 | 994 | 606 | 1,402 | -4.6% |
| Bulgaria | 3.0 | 561 | 735 | 1,298 | 656.3% |
| Netherlands | 800 | 809 | 1,030 | 889 | 3.6% |
| China | 174 | 594 | 444 | 668 | 56.6% |
| Denmark | 284 | 304 | 373 | 619 | 29.7% |
| Germany | 536 | 883 | 1,002 | 601 | 3.9% |
| France | 94.5 | 423 | 475 | 488 | 72.8% |
| Croatia | N/A | N/A | N/A | 356 | 0% |
| Italy | 966 | 800 | 501 | 105 | -52.3% |
| Others | 1,498 | 870 | 529 | 449 | -33.1% |
| Total | 7,318 | 7,503 | 7,241 | 8,589 | 5.5% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Sweden in 2022:
- Greece (408.9 tons)
- Turkey (258.8 tons)
- Bulgaria (242.4 tons)
- Netherlands (146.9 tons)
- China (113.1 tons)
- France (98.8 tons)
- Croatia (95.9 tons)
- Germany (87.2 tons)
- Denmark (83.6 tons)
- Italy (13.7 tons)
Exports of Wadding; Other Articles Thereof, of Cotton in Sweden
In 2022, approx. 289 tons of wadding; other articles thereof, of cotta were exported from Sweden; growing by 40% on the previous year's figure. 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 attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of cotta skyrocketed to $2.1M in 2022. The total export value increased at an average annual rate of +2.0% 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.
| Export of Wadding; Other Articles Thereof, of Cotton in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 828 | 702 | 627 | 1,179 | 12.5% |
| Norway | 435 | 388 | 534 | 572 | 9.6% |
| Denmark | 71.8 | 60.9 | 79.5 | 59.1 | -6.3% |
| Iceland | 21.1 | 18.0 | 37.9 | 57.3 | 39.5% |
| Germany | 25.0 | 36.5 | 79.7 | 51.4 | 27.2% |
| Latvia | 26.2 | 38.6 | 45.3 | 31.6 | 6.4% |
| Others | 534 | 527 | 160 | 107 | -41.5% |
| Total | 1,941 | 1,771 | 1,564 | 2,058 | 2.0% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Sweden in 2022:
- Finland (179.1 tons)
- Norway (64.7 tons)
- Iceland (23.6 tons)
- Latvia (6.2 tons)
- Germany (6.1 tons)
- Denmark (5.3 tons)
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