Price for Wadding; Other Articles Thereof, of Cotton in the Netherlands - 2024
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in the Netherlands (FOB) - 2024
- Price for Wadding; Other Articles Thereof, of Cotton in the Netherlands (CIF) - 2024
- Exports of Wadding; Other Articles Thereof, of Cotton in the Netherlands
- Imports of Wadding; Other Articles Thereof, of Cotton in the Netherlands
Price for Wadding; Other Articles Thereof, of Cotton in the Netherlands (FOB) - 2024
In February 2024, the average export price for wadding; other articles thereof, of cotta amounted to $9,246 per ton, jumping by 19% against the previous month. In general, the export price recorded a mild increase. As a result, the export price reached 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 the Philippines ($15,790 per ton), while the average price for exports to Norway ($7,554 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 Ecuador (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Cotton in the Netherlands (CIF) - 2024
In February 2024, the average import price for wadding; other articles thereof, of cotta amounted to $6,711 per ton, remaining stable against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in October 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices hit record highs at $6,992 per ton in May 2023; however, from June 2023 to February 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($11,918 per ton), while the price for Switzerland ($4,743 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Croatia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wadding; Other Articles Thereof, of Cotton in the Netherlands
In 2022, after three years of growth, there was significant decline in shipments abroad of wadding; other articles thereof, of cotta, when their volume decreased by -9.2% to 9.2K tons. The total export volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23%.
In value terms, exports of wadding; other articles thereof, of cotta shrank to $61M in 2022. The total export value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 34%. As a result, the exports reached the peak of $66M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Wadding; Other Articles Thereof, of Cotton in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 32.4 | 28.5 | 30.2 | 35.6 | 3.2% |
| Germany | 0.8 | 12.2 | 8.7 | 5.8 | 93.5% |
| United Kingdom | 5.5 | 4.3 | 4.4 | 4.9 | -3.8% |
| Denmark | 1.7 | 2.1 | 3.4 | 3.7 | 29.6% |
| Belgium | 1.5 | 2.7 | 3.9 | 2.0 | 10.1% |
| Norway | 1.3 | 1.7 | 1.9 | 1.7 | 9.4% |
| Sweden | N/A | 0.2 | 1.9 | 1.5 | 173.9% |
| Others | 5.7 | 14.0 | 9.7 | 5.5 | -1.2% |
| Total | 48.9 | 65.7 | 64.3 | 60.6 | 7.4% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from the Netherlands in 2022:
- France (5.5K tons)
- United Kingdom (0.8K tons)
- Germany (0.7K tons)
- Denmark (0.6K tons)
- Belgium (0.3K tons)
- Norway (0.3K tons)
- Sweden (0.2K tons)
Imports of Wadding; Other Articles Thereof, of Cotton in the Netherlands
In 2022, the amount of wadding; other articles thereof, of cotta imported into the Netherlands surged to 4.7K tons, with an increase of 41% against the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2019 indices. 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 soared to $27M in 2022. The total import value increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded 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 the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.4 | 8.4 | 9.9 | 8.5 | 4.7% |
| Estonia | 2.9 | 1.0 | 1.2 | 4.0 | 11.3% |
| Germany | 2.6 | 1.6 | 1.7 | 2.9 | 3.7% |
| Italy | 1.7 | 2.3 | 3.1 | 2.5 | 13.7% |
| Spain | 0.2 | 0.3 | 0.3 | 1.7 | 104.1% |
| Greece | 0.7 | 0.9 | 1.2 | 1.3 | 22.9% |
| China | 1.3 | 3.3 | 0.7 | 1.3 | 0.0% |
| Poland | 0.5 | 0.5 | 0.7 | 1.0 | 26.0% |
| Croatia | N/A | 0.4 | 0.8 | 1.0 | 58.1% |
| India | 0.2 | 1.6 | N/A | N/A | 700.0% |
| Others | 1.7 | 2.4 | 2.3 | 2.4 | 12.2% |
| Total | 19.2 | 22.8 | 22.0 | 26.7 | 11.6% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to the Netherlands in 2022:
- France (1683.4 tons)
- Estonia (734.2 tons)
- Germany (515.4 tons)
- Croatia (330.1 tons)
- Spain (284.9 tons)
- Italy (226.5 tons)
- Greece (196.3 tons)
- China (183.8 tons)
- Poland (165.0 tons)
- India (4.1 tons)
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