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

Contents:

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

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

In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $15,578 per ton, waning by -17.1% against the previous year. In general, the export price, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $18,788 per ton, and then fell rapidly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($15,582 per ton) and Germany ($15,579 per ton), while the average price for exports to Saudi Arabia ($15,000 per ton) and Portugal ($15,577 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+19.0%), 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 Egypt (CIF) - 2022

The average import price for cotton; sewing thread, put up for retail sale stood at $12,420 per ton in 2022, with an increase of 2.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 40%. The import price peaked at $13,386 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($12,422 per ton), while the price for France amounted to $12,421 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of cotton; sewing thread, put up for retail sale increased by 96% to 126 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a sharp shrinkage.

In value terms, exports of cotton; sewing thread, put up for retail sale skyrocketed to $2M in 2022. In general, exports, however, saw a deep slump.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey7155139761,76735.2%
Germany125133N/A117-2.2%
Portugal173N/AN/A62.9-28.6%
Russia648214N/A18.9-69.2%
NigeriaN/A32348.1N/A-85.1%
Italy1,627429N/AN/A-73.6%
Others18.155.61842.0-52.0%
Total3,3061,6671,2081,968-15.9%

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

  1. Turkey (113.4 tons)
  2. Germany (7.5 tons)
  3. Portugal (4.0 tons)
  4. Russia (1.2 tons)

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

In 2022, approx. 5.4 tons of cotton; sewing thread, put up for retail sale were imported into Egypt; with a decrease of -48% against the previous year's figure. Over the period under review, imports showed a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 339%.

In value terms, imports of cotton; sewing thread, put up for retail sale declined dramatically to $67K in 2022. Overall, imports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 296%.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France141N/A65.856.0-26.5%
China2610.427.610.3-66.0%
ThailandN/AN/A18.1N/A0%
JordanN/A31.3N/AN/A0%
Italy40.7N/AN/AN/A0%
TurkeyN/AN/A14.2N/A0%
Others43.1N/AN/A0.9-72.5%
Total48631.812667.2-48.3%

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

  1. France (4.5 tons)
  2. China (0.8 tons)

Source: IndexBox Market Intelligence Platform

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