Price for Cotton; Sewing Thread, Put Up for Retail Sale in Algeria - 2022

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Algeria (CIF) - 2022
  2. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Algeria

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Algeria (CIF) - 2022

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $7,261 per ton, increasing by 58% against the previous year. Overall, the import price enjoyed a buoyant expansion. As a result, import price attained the peak level and is likely to continue 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 France ($21,900 per ton), while the price for Spain ($824 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Algeria

In 2022, overseas purchases of cotton; sewing thread, put up for retail sale decreased by -72.6% to 37 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 372%. As a result, imports attained the peak of 136 tons, and then reduced sharply in the following year.

In value terms, imports of cotton; sewing thread, put up for retail sale shrank notably to $270K in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 548% against the previous year. As a result, imports attained the peak of $625K, and then declined markedly in the following year.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.719.1419121140.5%
France22.836.511187.856.7%
United Kingdom22.531.281.656.035.5%
Spain1.82.46.24.232.6%
Turkey3.26.96.60.7-39.7%
Others0.20.30.90.751.8%
Total59.296.562527065.8%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Algeria in 2022:

  1. China (18.6 tons)
  2. United Kingdom (9.1 tons)
  3. Spain (5.1 tons)
  4. France (4.0 tons)
  5. Turkey (0.4 tons)

Source: IndexBox Market Intelligence Platform

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