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

Contents:

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

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

The average import price for cotton; sewing thread, put up for retail sale stood at $3,474 per ton in 2022, rising by 3.9% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2013 an increase of 50%. Over the period under review, average import prices hit record highs at $14,621 per ton in 2015; however, from 2016 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 the Netherlands ($9,532 per ton), while the price for Germany ($1,467 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-3.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $3,310 per ton, declining by -26.3% against the previous year. In general, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 126%. As a result, the export price reached the peak level of $37,733 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($8,083 per ton), while the average price for exports to Hungary ($1,907 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 Slovakia (-5.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of cotton; sewing thread, put up for retail sale, when their volume decreased by -41.8% to 52 tons. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 1,111%.

In value terms, imports of cotton; sewing thread, put up for retail sale shrank notably to $180K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 420%.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.621514283.5273.7%
France2.63.136.436.5141.2%
Germany11.028.426.18.5-8.2%
Turkey27.132.465.77.8-34.0%
South AfricaN/AN/A3.3N/A0%
Others12.66.824.443.951.6%
Total54.928629818048.6%

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

  1. China (34.4 tons)
  2. France (8.5 tons)
  3. Germany (5.8 tons)
  4. Turkey (1.1 tons)

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

In 2022, shipments abroad of cotton; sewing thread, put up for retail sale decreased by -31.2% to 24 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 2,252% against the previous year. As a result, the exports reached the peak of 39 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cotton; sewing thread, put up for retail sale fell significantly to $79K in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,022% against the previous year. As a result, the exports attained the peak of $263K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A68.583.624.5-40.2%
Italy0.41146.617.8254.4%
France8.44.019.016.425.0%
Netherlands3.911.025.312.145.9%
SlovakiaN/AN/A0.11.61500.0%
HungaryN/A32.110.51.1-81.5%
Others10.733.211.66.0-17.5%
Total23.426315779.550.3%

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

  1. France (8.4 tons)
  2. Germany (8.2 tons)
  3. Italy (4.2 tons)
  4. Netherlands (1.5 tons)
  5. Hungary (0.6 tons)
  6. Slovakia (0.4 tons)

Source: IndexBox Market Intelligence Platform

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