Price for Cotton; Sewing Thread, Put Up for Retail Sale in Austria - 2023

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Austria (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Austria (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Austria
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Austria

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

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $14,078 per ton, which is down by -23.8% against the previous year. Overall, the import price recorded a deep slump. The growth pace was the most rapid in 2017 an increase of 3.3%. The import price peaked at $33,162 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Switzerland ($58,250 per ton), while the price for China ($9,698 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $7,654 per ton, falling by -57.9% against the previous year. Over the period under review, the export price faced a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of 296% against the previous year. Over the period under review, the average export prices hit record highs at $59,708 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Hungary ($20,745 per ton), while the average price for exports to Germany ($6,201 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 Turkey (+19.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of cotton; sewing thread, put up for retail sale decreased by -8.8% to 9.5 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 20% against the previous year. As a result, imports attained the peak of 11 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cotton; sewing thread, put up for retail sale fell sharply to $134K in 2022. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. As a result, imports reached the peak of $217K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany112188171103-2.8%
Turkey19.11.94.49.2-21.6%
China5.60.11.35.2-2.4%
DenmarkN/A2.51.73.416.6%
Netherlands23.71.20.70.4-74.3%
Others33.623.213.012.1-28.9%
Total194217193134-11.6%

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

  1. Germany (7.9 tons)
  2. China (0.5 tons)
  3. Turkey (0.4 tons)
  4. Denmark (0.3 tons)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Austria

In 2022, exports of cotton; sewing thread, put up for retail sale from Austria skyrocketed to 3.7 tons, jumping by 66% on the year before. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,182%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of cotton; sewing thread, put up for retail sale declined sharply to $28K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 610% against the previous year. As a result, the exports attained the peak of $41K, and then contracted sharply in the following year.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.53.921.88.751.5%
SwitzerlandN/A0.2N/A6.7478.8%
Czech RepublicN/AN/A4.53.2-28.9%
NorwayN/AN/A1.52.993.3%
RomaniaN/AN/AN/A2.30%
SlovakiaN/AN/A1.61.3-18.8%
CroatiaN/AN/AN/A0.50%
Turkey9.4N/AN/AN/A0%
Others0.31.511.12.8110.5%
Total12.25.740.528.432.5%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Austria in 2022:

  1. Germany (1401.0 kg)
  2. Switzerland (884.0 kg)
  3. Norway (447.0 kg)
  4. Romania (351.0 kg)
  5. Czech Republic (217.0 kg)
  6. Slovakia (186.0 kg)
  7. Croatia (73.0 kg)

Source: IndexBox Market Intelligence Platform

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