Price for Cotton; Garnetted Stock Waste in the Czech Republic - 2023

Contents:

  1. Price for Cotton; Garnetted Stock Waste in the Czech Republic (CIF) - 2023
  2. Price for Cotton; Garnetted Stock Waste in the Czech Republic (FOB) - 2022
  3. Imports of Cotton; Garnetted Stock Waste in the Czech Republic
  4. Exports of Cotton; Garnetted Stock Waste in the Czech Republic

Price for Cotton; Garnetted Stock Waste in the Czech Republic (CIF) - 2023

In August 2023, the average cotton; garnetted stock waste import price amounted to $450 per ton, falling by -36.7% against the previous month. Overall, the import price saw a pronounced decline. The growth pace was the most rapid in November 2022 an increase of 129% month-to-month. As a result, import price reached the peak level of $840 per ton. From December 2022 to August 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Slovakia ($640 per ton), while the price for France ($378 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cotton; Garnetted Stock Waste in the Czech Republic (FOB) - 2022

The average cotton; garnetted stock waste export price stood at $445 per ton in 2022, shrinking by -36.2% against the previous year. In general, the export price saw a slight reduction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 63% against the previous year. The export price peaked at $1,127 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,634 per ton), while the average price for exports to Spain ($291 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 Slovenia (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton; Garnetted Stock Waste in the Czech Republic

Cotton; garnetted stock waste imports into the Czech Republic dropped markedly to 3.4K tons in 2022, with a decrease of -35.2% on 2021 figures. Overall, imports continue to indicate a significant curtailment. The smallest decline of -20.1% was in 2021.

In value terms, cotton; garnetted stock waste imports shrank sharply to $2.2M in 2022. Over the period under review, imports saw a dramatic descent. The smallest decline of -17% was in 2021.

Import of Cotton; Garnetted Stock Waste in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4,0833,1502,7711,266-32.3%
France5494946005852.1%
Slovakia19619024933419.4%
Italy479318N/AN/A-33.6%
Turkey41128327.4N/A-74.2%
Others26.70.431.7N/A9.0%
Total5,7454,4353,6802,185-27.5%

Top Suppliers of Cotton; Garnetted Stock Waste to the Czech Republic in 2022:

  1. France (1734.4 tons)
  2. Germany (1147.0 tons)
  3. Slovakia (487.6 tons)

Exports of Cotton; Garnetted Stock Waste in the Czech Republic

In 2022, overseas shipments of cotton; garnetted stock waste increased by 122% to 8.2 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a precipitous descent.

In value terms, cotton; garnetted stock waste exports soared to $3.7K in 2022. Overall, exports, however, saw a sharp slump.

Export of Cotton; Garnetted Stock Waste in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.10.33.4483.1%
ItalyN/AN/AN/A0.20%
SpainN/AN/AN/A0.10%
Slovakia17612.32.3N/A-88.6%
Croatia1.83.3N/AN/A83.3%
Slovenia7.03.5N/AN/A-50.0%
OthersN/AN/AN/AN/A0%
Total18519.32.63.7-72.9%

Top Export Markets for Cotton; Garnetted Stock Waste from the Czech Republic in 2022:

  1. Germany (7.9 tons)
  2. Spain (0.2 tons)
  3. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

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