Price for Cotton; Sewing Thread, Put Up for Retail Sale in Brazil - 2024

Contents:

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

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

In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $61,172 per ton, growing by 57% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($85,141 per ton), while the average price for exports to Colombia ($31,394 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 Argentina (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $7,790 per ton, surging by 15% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 16% against the previous year. The import price peaked at $7,817 per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($9,285 per ton), while the price for China stood at $4,393 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%).

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

In 2022, approx. 12 tons of cotton; sewing thread, put up for retail sale were exported from Brazil; shrinking by -24.4% against the previous year. Overall, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 77%.

In value terms, exports of cotton; sewing thread, put up for retail sale soared to $744K in 2022. In general, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile3662163664214.8%
Argentina307218238274-3.7%
Paraguay33.05.910.934.91.9%
Colombia7.95.26.06.5-6.3%
Others6.65.04.18.06.6%
Total7204506267441.1%

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

  1. Chile (8.1 tons)
  2. Argentina (3.3 tons)
  3. Paraguay (0.4 tons)
  4. Colombia (0.2 tons)

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

In 2022, overseas purchases of cotton; sewing thread, put up for retail sale decreased by -19% to 95 tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 38% against the previous year. As a result, imports reached the peak of 131 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cotton; sewing thread, put up for retail sale declined to $742K in 2022. The total import value increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5107547616055.9%
China37.69.932.413252.0%
Others1.00.32.85.172.1%
Total54876579674210.6%

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

  1. India (65.2 tons)
  2. China (30.1 tons)

Source: IndexBox Market Intelligence Platform

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