Price for Cotton; Garnetted Stock Waste in Norway - 2023
Contents:
- Price for Cotton; Garnetted Stock Waste in Norway (CIF) - 2022
- Price for Cotton; Garnetted Stock Waste in Norway (FOB) - 2022
- Imports of Cotton; Garnetted Stock Waste in Norway
- Exports of Cotton; Garnetted Stock Waste in Norway
Price for Cotton; Garnetted Stock Waste in Norway (CIF) - 2022
In 2022, the average cotton; garnetted stock waste import price amounted to $2,740 per ton, rising by 109% against the previous year. In general, the import price recorded a tangible increase. The most prominent rate of growth was recorded in 2016 an increase of 121%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
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 China ($5,734 per ton), while the price for Sweden ($2,191 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cotton; Garnetted Stock Waste in Norway (FOB) - 2022
The average cotton; garnetted stock waste export price stood at $29,263 per ton in 2022, increasing by 263% against the previous year. Overall, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2019 an increase of 486%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($102,496 per ton), while the average price for exports to the UK ($6,894 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+158.0%), while the prices for the other major destinations experienced a decline.
Imports of Cotton; Garnetted Stock Waste in Norway
In 2022, approx. 5.1 tons of cotton; garnetted stock waste were imported into Norway; increasing by 94% on 2021 figures. Over the period under review, imports posted a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 384% against the previous year. As a result, imports attained the peak of 15 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cotton; garnetted stock waste imports surged to $14K in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 482% against the previous year. As a result, imports reached the peak of $16K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cotton; Garnetted Stock Waste in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 0.1 | N/A | 12.0 | 995.4% |
| China | N/A | 1.0 | 0.3 | 1.1 | 4.9% |
| Sweden | N/A | 1.1 | 0.4 | 0.9 | -9.5% |
| Poland | N/A | 11.2 | N/A | N/A | 0% |
| Italy | 2.3 | N/A | 2.1 | N/A | -4.4% |
| Others | 0.4 | 2.3 | 0.7 | N/A | 32.3% |
| Total | 2.7 | 15.8 | 3.5 | 14.0 | 73.1% |
Top Suppliers of Cotton; Garnetted Stock Waste to Norway in 2022:
- Netherlands (4.5 tons)
- Sweden (0.4 tons)
- China (0.2 tons)
Exports of Cotton; Garnetted Stock Waste in Norway
In 2022, the amount of cotton; garnetted stock waste exported from Norway soared to 227 kg, picking up by 42% on 2021 figures. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cotton; garnetted stock waste exports soared to $6.6K in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cotton; Garnetted Stock Waste in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | 0.2 | N/A | 5.2 | 409.9% |
| United Kingdom | N/A | N/A | 0.2 | 1.1 | 450.0% |
| Angola | 0.2 | 0.8 | N/A | 0.3 | 14.5% |
| Sweden | N/A | 1.8 | 1.0 | N/A | -44.4% |
| Azerbaijan | 0.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 2.7 | 1.3 | 6.6 | 87.6% |
Top Export Markets for Cotton; Garnetted Stock Waste from Norway in 2022:
- United Kingdom (160.0 kg)
- Denmark (51.0 kg)
- Angola (16.0 kg)
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