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

Contents:

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

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

In 2022, the average export price for wadding; other articles thereof, of cotta amounted to $1,172 per ton, reducing by -2.4% against the previous year. Over the last five years, it increased at an average annual rate of +8.2%. The growth pace was the most rapid in 2019 an increase of 27% against the previous year. As a result, the export price attained the peak level of $1,212 per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($2,994 per ton), while the average price for exports to Kazakhstan ($921 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+79.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for wadding; other articles thereof, of cotta stood at $6,947 per ton in 2022, increasing by 21% against the previous year. Over the last five-year period, it increased at an average annual rate of +8.7%. The pace of growth was the most pronounced in 2018 when the average import price increased by 22%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($21,685 per ton), while the price for Turkey ($3,966 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Uzbekistan recorded growth in overseas shipments of wadding; other articles thereof, of cotta, which increased by 24% to 31K tons in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.3% against 2019 indices. 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 soared to $37M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. Kazakhstan (16.9K tons)
2. Kyrgyzstan (10.1K tons)
3. Tajikistan (3.3K tons)

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

For the fourth year in a row, Uzbekistan recorded growth in overseas purchases of wadding; other articles thereof, of cotta, which increased by 34% to 211 tons in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2019 indices. 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 $1.5M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Turkey (100.5 tons)
2. Ukraine (70.3 tons)
3. Italy (17.7 tons)
4. China (16.3 tons)

Source: IndexBox Market Intelligence Platform