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

Contents:

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

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

The average import price for cotton; sewing thread, put up for retail sale stood at $14,260 per ton in 2022, increasing by 17% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 63%. As a result, import price reached the peak level of $24,051 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($39,587 per ton), while the price for India ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $54,870 per ton, which is down by -2% against the previous year. Over the period under review, the export price, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 an increase of 207% against the previous year. The export price peaked at $81,000 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 Russia ($57,810 per ton), while the average price for exports to Lithuania ($20,000 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 Russia (+44.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 2.8 tons of cotton; sewing thread, put up for retail sale were imported into Estonia; falling by -64.9% compared with 2021. Over the period under review, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 231%. As a result, imports attained the peak of 7.9 tons, and then shrank rapidly in the following year.

In value terms, imports of cotton; sewing thread, put up for retail sale dropped rapidly to $40K in 2022. In general, imports showed a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by 242%. As a result, imports attained the peak of $96K, and then shrank rapidly in the following year.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey27.516.277.526.0-1.9%
Finland6.17.510.48.210.4%
Hungary1.62.12.33.023.3%
China0.21.11.41.595.7%
Germany0.60.10.70.60.0%
India4.80.72.2N/A-32.3%
Others0.40.21.60.3-9.1%
Total41.428.196.039.6-1.5%

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

  1. Turkey (1897.0 kg)
  2. Finland (633.0 kg)
  3. China (105.0 kg)
  4. Hungary (75.0 kg)
  5. Germany (52.0 kg)
  6. India (1.0 kg)

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

In 2022, the amount of cotton; sewing thread, put up for retail sale exported from Estonia reduced sharply to 23 kg, dropping by -90.3% against 2021 figures. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 23,500%. As a result, the exports reached the peak of 236 kg, and then dropped rapidly in the following year.

In value terms, exports of cotton; sewing thread, put up for retail sale declined notably to $1.3K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 16,207% against the previous year. As a result, the exports attained the peak of $13K, and then shrank rapidly in the following year.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.4N/A13.01.244.2%
LithuaniaN/AN/AN/AN/A0%
LatviaN/A0.10.2N/A100.0%
OthersN/AN/AN/AN/A0%
Total0.40.113.21.348.1%

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

  1. Russia (21.0 kg)
  2. Latvia (1.0 kg)
  3. Lithuania (1.0 kg)

Source: IndexBox Market Intelligence Platform

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