Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in New Zealand - 2023

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in New Zealand (CIF) - 2022

In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $2,990 per ton, shrinking by -14.2% against the previous year. Over the period under review, the import price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2014 an increase of 1,325% against the previous year. As a result, import price reached the peak level of $14,250 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($2,993 per ton), while the price for China totaled $2,663 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%).

Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in New Zealand

In 2022, imports of cotton waste (including yarn waste and garnetted stock) into New Zealand skyrocketed to 9.6 tons, jumping by 31,016% compared with the year before. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 56,025% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) surged to $29K in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 85,168%. As a result, imports attained the peak of $32K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.