Price for Cotton; Garnetted Stock Waste in Malaysia - 2021
Contents:
- Price for Cotton; Garnetted Stock Waste in Malaysia (CIF) - 2021
- Imports of Cotton; Garnetted Stock Waste in Malaysia
Price for Cotton; Garnetted Stock Waste in Malaysia (CIF) - 2021
In December 2021, the average cotton; garnetted stock waste import price amounted to $1,184 per ton, reducing by -72% against the previous month. Overall, the import price showed a noticeable descent. The pace of growth was the most pronounced in March 2021 when the average import price increased by 561% against the previous month. As a result, import price reached the peak level of $4,410 per ton. From April 2021 to December 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,830 per ton), while the price for Thailand totaled $978 per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.7%).
Imports of Cotton; Garnetted Stock Waste in Malaysia
In 2022, purchases abroad of cotton; garnetted stock waste decreased by -8.9% to 1.2K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, imports attained the peak of 1.7K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cotton; garnetted stock waste imports shrank modestly to $656K in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 18%.
| Import of Cotton; Garnetted Stock Waste in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 131 | 214 | 297 | 281 | 29.0% |
| Vietnam | 273 | 183 | 267 | 264 | -1.1% |
| Pakistan | 46.6 | 5.1 | 53.5 | 50.6 | 2.8% |
| Italy | 55.9 | 214 | 33.8 | 24.8 | -23.7% |
| Taiwan (Chinese) | 13.1 | 4.5 | 1.1 | 6.0 | -22.9% |
| Indonesia | 3.5 | 1.8 | 3.0 | 2.9 | -6.1% |
| Others | 18.1 | 14.6 | 20.0 | 26.2 | 13.1% |
| Total | 541 | 636 | 676 | 656 | 6.6% |
Top Suppliers of Cotton; Garnetted Stock Waste to Malaysia in 2022:
- Vietnam (444.8 tons)
- Thailand (391.6 tons)
- Pakistan (93.3 tons)
- Italy (45.6 tons)
- Indonesia (16.4 tons)
- Taiwan (Chinese) (15.7 tons)
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