Price for Cotton; Garnetted Stock Waste in Greece - 2023

Contents:

  1. Price for Cotton; Garnetted Stock Waste in Greece (CIF) - 2022
  2. Imports of Cotton; Garnetted Stock Waste in Greece

Price for Cotton; Garnetted Stock Waste in Greece (CIF) - 2022

In 2022, the average cotton; garnetted stock waste import price amounted to $914 per ton, growing by 23% against the previous year. In general, the import price recorded a noticeable increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 65%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Cyprus ($1,895 per ton), while the price for Turkey ($239 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cotton; Garnetted Stock Waste in Greece

In 2022, supplies from abroad of cotton; garnetted stock waste decreased by -44.8% to 214 tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 9.9% against the previous year. As a result, imports attained the peak of 442 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cotton; garnetted stock waste imports dropped significantly to $196K in 2022. Over the period under review, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 1.9% against the previous year.

Import of Cotton; Garnetted Stock Waste in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy28022797.0149-19.0%
CyprusN/AN/AN/A34.00%
TurkeyN/AN/A3.312.6281.8%
Bulgaria71.555.4187N/A61.7%
OthersN/AN/AN/AN/A0%
Total351282288196-17.7%

Top Suppliers of Cotton; Garnetted Stock Waste to Greece in 2022:

  1. Italy (143.6 tons)
  2. Turkey (52.8 tons)
  3. Cyprus (17.9 tons)

Source: IndexBox Market Intelligence Platform

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