Price for Cotton; Garnetted Stock Waste in Russia - 2022

Contents:

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

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

The average cotton; garnetted stock waste import price stood at $382 per ton in 2022, declining by -3.6% against the previous year. Overall, the import price recorded a deep reduction. The growth pace was the most rapid in 2018 an increase of 18% against the previous year. The import price peaked at $1,171 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($996 per ton), while the price for France ($120 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (-2.0%), while the prices for the other major suppliers experienced a decline.

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

The average cotton; garnetted stock waste export price stood at $567 per ton in 2022, with an increase of 28% against the previous year. Overall, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 65%. As a result, the export price reached the peak level of $969 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Armenia.

From 2012 to 2022, the rate of growth in terms of prices for Armenia amounted to -0.5% per year.

Imports of Cotton; Garnetted Stock Waste in Russia

In 2022, cotton; garnetted stock waste imports into Russia fell to 1.3K tons, leveling off at the previous year. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 2.7%.

In value terms, cotton; garnetted stock waste imports fell slightly to $481K in 2022. Overall, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 11%.

Import of Cotton; Garnetted Stock Waste in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey86.5N/A23635660.3%
Uzbekistan29.320.429.011256.4%
France62.242.937.16.4-53.1%
Pakistan385340167N/A-34.1%
Others66.853.437.06.4-54.2%
Total630457506481-8.6%

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

  1. Uzbekistan (797.0 tons)
  2. Turkey (357.5 tons)
  3. France (53.1 tons)

Exports of Cotton; Garnetted Stock Waste in Russia

In 2022, overseas shipments of cotton; garnetted stock waste decreased by -3.9% to 4.3 tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.6% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 73%. As a result, the exports reached the peak of 5.2 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cotton; garnetted stock waste exports surged to $2.5K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 decreased by -15.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 62%. As a result, the exports reached the peak of $2.9K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Cotton; Garnetted Stock Waste in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArmeniaN/AN/AN/A2.50%
KazakhstanN/AN/A1.0N/A0%
Belarus1.82.91.0N/A-25.5%
OthersN/AN/AN/AN/A0%
Total1.82.92.02.511.6%

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

  1. Armenia (4.3 tons)

Source: IndexBox Market Intelligence Platform

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