Price for Cotton; Sewing Thread, Put Up for Retail Sale in Pakistan - 2023
Contents:
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Pakistan (FOB) - 2022
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Pakistan (CIF) - 2022
- Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Pakistan
- Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Pakistan
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Pakistan (FOB) - 2022
The average export price for cotton; sewing thread, put up for retail sale stood at $1,064 per ton in 2022, reducing by -39.2% against the previous year. In general, the export price faced a deep setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 15% against the previous year. The export price peaked at $5,096 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($4,377 per ton), while the average price for exports to Afghanistan ($282 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 Senegal (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Pakistan (CIF) - 2022
The average import price for cotton; sewing thread, put up for retail sale stood at $6,308 per ton in 2022, jumping by 20% against the previous year. Over the period under review, the import price posted a prominent increase. The growth pace was the most rapid in 2021 when the average import price increased by 136%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($11,125 per ton), while the price for China ($3,464 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+21.2%), 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 Pakistan
In 2022, the amount of cotton; sewing thread, put up for retail sale exported from Pakistan rose remarkably to 652 tons, increasing by 5.3% against the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 109% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of cotton; sewing thread, put up for retail sale fell rapidly to $694K in 2022. Overall, exports recorded strong growth. The growth pace was the most rapid in 2020 when exports increased by 134% against the previous year. As a result, the exports reached the peak of $1.2M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cotton; Sewing Thread, Put Up for Retail Sale in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 314 | 712 | 542 | 339 | 2.6% |
| Afghanistan | N/A | 42.7 | 180 | 141 | 81.7% |
| Nigeria | 3.5 | 105 | 239 | 118 | 223.1% |
| United Arab Emirates | 67.9 | 174 | 86.5 | 47.7 | -11.1% |
| South Africa | 25.4 | 17.4 | 11.4 | 33.3 | 9.4% |
| Senegal | 88.0 | 15.4 | N/A | N/A | -82.5% |
| Others | 13.0 | 130 | 24.6 | 15.0 | 4.9% |
| Total | 512 | 1,196 | 1,084 | 694 | 10.7% |
Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Pakistan in 2022:
- Afghanistan (498.9 tons)
- Kenya (77.5 tons)
- Nigeria (28.5 tons)
- United Arab Emirates (25.9 tons)
- South Africa (15.5 tons)
Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Pakistan
For the third year in a row, Pakistan recorded decline in overseas purchases of cotton; sewing thread, put up for retail sale, which decreased by -34.3% to 666 kg in 2022. Over the period under review, imports showed a dramatic downturn. The smallest decline of -11% was in 2021.
In value terms, imports of cotton; sewing thread, put up for retail sale contracted markedly to $4.2K in 2022. Overall, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 110%.
| Import of Cotton; Sewing Thread, Put Up for Retail Sale in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.9 | 1.3 | 3.3 | 1.8 | 26.0% |
| Bahrain | N/A | N/A | N/A | 1.4 | 0% |
| China | 6.4 | 0.6 | 0.2 | 0.8 | -50.0% |
| Thailand | N/A | 0.1 | N/A | N/A | 0% |
| France | 0.1 | N/A | 0.7 | N/A | 164.6% |
| Italy | 0.6 | N/A | N/A | N/A | 0% |
| Australia | 1.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.4 | 1.1 | 0.2 | -29.3% |
| Total | 9.9 | 2.5 | 5.3 | 4.2 | -24.9% |
Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Pakistan in 2022:
- China (237.0 kg)
- United Arab Emirates (217.0 kg)
- Bahrain (196.0 kg)
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This report provides an in-depth analysis of the cotton sewing thread market in Pakistan.
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This report provides an in-depth analysis of the global cotton sewing thread market.
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This report provides an in-depth analysis of the cotton sewing thread market in Pakistan.
1120
This report provides an in-depth analysis of the global cotton sewing thread market.
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In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1111
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1662
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1524
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
1060
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1111
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1662
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1524
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
