Price for Cotton; Garnetted Stock Waste in Portugal - 2023

Contents:

1. Price for Cotton; Garnetted Stock Waste in Portugal (CIF) - 2022
2. Price for Cotton; Garnetted Stock Waste in Portugal (FOB) - 2022
3. Imports of Cotton; Garnetted Stock Waste in Portugal
4. Exports of Cotton; Garnetted Stock Waste in Portugal

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

The average cotton; garnetted stock waste import price stood at $1,541 per ton in 2022, remaining constant against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton; garnetted stock waste import price increased by +67.3% against 2018 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 61%. Over the period under review, average import prices attained the peak figure at $1,947 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Austria ($2,321 per ton), while the price for Estonia ($1,161 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+40.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton; Garnetted Stock Waste in Portugal (FOB) - 2022

The average cotton; garnetted stock waste export price stood at $2,110 per ton in 2021, growing by 132% against the previous year. Overall, the export price posted a moderate increase. The export price peaked at $3,522 per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($2,608 per ton), while the average price for exports to Brazil totaled $214 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (-6.7%).

Imports of Cotton; Garnetted Stock Waste in Portugal

In 2022, approx. 8.5 tons of cotton; garnetted stock waste were imported into Portugal; which is down by -95% on 2021. In general, imports showed a sharp slump. The growth pace was the most rapid in 2021 with an increase of 6.2% against the previous year.

In value terms, cotton; garnetted stock waste imports shrank significantly to $13K in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 25%.

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

1. Estonia (5.0 tons)
2. Spain (1.9 tons)
3. Austria (1.5 tons)

Exports of Cotton; Garnetted Stock Waste in Portugal

After two years of growth, shipments abroad of cotton; garnetted stock waste decreased by -91.9% to 1.9 tons in 2021. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 4,800% against the previous year. As a result, the exports attained the peak of 23 tons, and then plummeted in the following year.

In value terms, cotton; garnetted stock waste exports reduced markedly to $4K in 2021. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,163%. As a result, the exports reached the peak of $21K, and then dropped dramatically in the following year.

Top Export Markets for Cotton; Garnetted Stock Waste from Portugal in 2022:

1. Denmark (1500.0 kg)
2. Brazil (394.0 kg)

Source: IndexBox Market Intelligence Platform