World - Cotton Yarn - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact
Which Country Imports the Most Cotton Yarn in the World?
IndexBox has just published a new report "World: Cotton Yarn - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
In 2016, approx. X tonnes of cotton yarn were imported worldwide- lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2016- however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013, when imports increased by X% against the previous year level. Over the period under review, global cotton yarn imports attained its maximum volume of X tonnes in 2015, falling back in the following year.
In value terms, cotton yarn imports stood at $X in 2016. Overall, it indicated a modest growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, cotton yarn imports decreased by -X% against its level of 2013. Global cotton yarn import peaked of $X in 2013- however, from 2014 to 2016, it stood at a somewhat lower level.
Top Cotton Yarn Importing Countries in the World
X. China (X million USD)
X. Bangladesh (X million USD)
X. China, Hong Kong SAR (X million USD)
X. Turkey (X million USD)
X. South Korea (X million USD)
X. Italy (X million USD)
X. Portugal (X million USD)
X. Japan (X million USD)
X. Russia (X million USD)
X. Indonesia (X million USD)
Cotton Yarn Imports By Country
China (X tonnes) represented the main importing country with an import of about X tonnes, which finished at X% of total imports. It was distantly followed by Bangladesh (X tonnes), making up X% share of total cotton yarn imports. Indonesia (X tonnes), Turkey (X tonnes), China, Hong Kong SAR (X tonnes), South Korea (X tonnes), Russia (X tonnes), Portugal (X tonnes), Italy (X tonnes), and Japan (X tonnes) followed a long way behind this figure.
From 2007 to 2016, average annual rates of growth with regard to cotton yarn imports into China stood at +X%. At the same time, Bangladesh (+X%), and Russia (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. Indonesia, and Portugal experienced a relatively flat trend pattern. By contrast, Japan (-X%), Turkey (-X%), South Korea (-X%), Italy (-X%), and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2016, the share of China, Hong Kong SAR, and South Korea increased by X%, and X% percentage points, while Bangladesh (-X%), and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) constitutes the largest market for imported cotton yarn worldwide, making up X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with the share of X% of global imports. It was followed by China, Hong Kong SAR, with the share of X%.
In China, cotton yarn imports stood at an average annual rate of +X% over the period from 2007-2016. In the other countries, the average annual rates were as follows: Bangladesh (+X% per year) and China, Hong Kong SAR (-X% per year).
Cotton Yarn Import Prices By Country
The average cotton yarn import price stood at $X per tonne in 2016, lowering by -X% against the previous year. Overall, cotton yarn import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. In that year, average cotton yarn import price reached its maximum level of $X per tonne. From 2012 to 2016, growth of average cotton yarn import price failed to regain its strength.
Import prices varied noticeably by country of destination. the country with the highest import prices was Italy ($X per tonne), while Indonesia ($X per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of cotton yarn import prices was attained by Indonesia (+X% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global cotton yarn market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- cotton yarn market share
- cotton yarn prices
- cotton yarn industry
- cotton yarn sales
- cotton yarn import
- cotton yarn export
- cotton yarn market forecast
- cotton yarn price forecast
- key cotton yarn producers
All data provided in this article covers the following product: HS Code X - Cotton yarn (other than sewing thread), containing X% or more by weight of cotton, not put up for retail sale.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global cotton yarn market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
Webinar: Global Animal Feed Market - Global Outlook & Insights
Join our live webinar to get insights into the global animal feed market.
Wednesday, January 13th, 2021 @ 10:00 am ET