Price for Cotton; Garnetted Stock Waste in Brazil - 2023
Contents:
- Price for Cotton; Garnetted Stock Waste in Brazil (FOB) - 2022
- Price for Cotton; Garnetted Stock Waste in Brazil (CIF) - 2023
- Exports of Cotton; Garnetted Stock Waste in Brazil
- Imports of Cotton; Garnetted Stock Waste in Brazil
Price for Cotton; Garnetted Stock Waste in Brazil (FOB) - 2022
In 2022, the average cotton; garnetted stock waste export price amounted to $1,855 per ton, rising by 252% against the previous year. Overall, the export price, however, recorded a noticeable decrease. The export price peaked at $2,597 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($2,342 per ton), while the average price for exports to Argentina totaled $269 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+104.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cotton; Garnetted Stock Waste in Brazil (CIF) - 2023
The average cotton; garnetted stock waste import price stood at $442 per ton in September 2023, picking up by 5% against the previous month. In general, the import price, however, saw a slight slump. The growth pace was the most rapid in June 2023 an increase of 23% against the previous month. Over the period under review, average import prices reached the maximum at $551 per ton in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,172 per ton), while the price for the United States ($379 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.8%), while the prices for the other major suppliers experienced a decline.
Exports of Cotton; Garnetted Stock Waste in Brazil
In 2022, overseas shipments of cotton; garnetted stock waste decreased by -11.9% to 3.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,373%. As a result, the exports reached the peak of 5.5K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cotton; garnetted stock waste exports surged to $7.3M in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,329% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Cotton; Garnetted Stock Waste in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | 2.7 | 2.1 | 7.0 | 61.0% |
| Argentina | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Vietnam | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.2 | 2.9 | 2.3 | 7.3 | 231.7% |
Top Export Markets for Cotton; Garnetted Stock Waste from Brazil in 2022:
- Bangladesh (3.0K tons)
- Argentina (0.9K tons)
Imports of Cotton; Garnetted Stock Waste in Brazil
In 2022, purchases abroad of cotton; garnetted stock waste was finally on the rise to reach 5.9K tons after two years of decline. In general, imports, however, showed a relatively flat trend pattern.
In value terms, cotton; garnetted stock waste imports skyrocketed to $3.3M in 2022. Overall, imports recorded a moderate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cotton; Garnetted Stock Waste in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,056 | 737 | 635 | 2,189 | 27.5% |
| Turkey | 1,048 | 442 | 407 | 887 | -5.4% |
| Spain | 302 | 258 | 252 | 116 | -27.3% |
| Pakistan | 161 | 43.6 | 188 | 83.5 | -19.7% |
| India | N/A | 220 | N/A | N/A | 0% |
| Bangladesh | 203 | 104 | 90.7 | N/A | -33.2% |
| Others | 100 | 19.3 | 9.9 | 37.7 | -27.8% |
| Total | 2,869 | 1,825 | 1,583 | 3,313 | 4.9% |
Top Suppliers of Cotton; Garnetted Stock Waste to Brazil in 2022:
- United States (4.6K tons)
- Turkey (1.0K tons)
- Pakistan (0.1K tons)
- Spain (0.1K tons)
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