Price for Cotton; Sewing Thread, Put Up for Retail Sale in Peru - 2022

Contents:

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

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

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $9,692 per ton, surging by 56% against the previous year. In general, the import price, however, continues to indicate a perceptible decrease. Over the period under review, average import prices reached the peak figure at $15,285 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($33,351 per ton), while the price for China ($7,552 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cotton; sewing thread, put up for retail sale stood at $13,970 per ton in 2022, falling by -40.4% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices attained the peak figure at $36,381 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($28,888 per ton), while the average price for exports to Canada ($3,000 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 Ecuador (+9.5%), while the prices for the other major destinations experienced a decline.

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

Imports of cotton; sewing thread, put up for retail sale into Peru plummeted to 7.5 tons in 2022, with a decrease of -39.7% compared with the previous year's figure. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 1,734%. As a result, imports reached the peak of 12 tons, and then dropped significantly in the following year.

In value terms, imports of cotton; sewing thread, put up for retail sale fell to $73K in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,793% against the previous year. As a result, imports attained the peak of $77K, and then declined in the following year.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.74.066.142.194.7%
India4.8N/AN/A13.641.5%
United StatesN/AN/AN/A8.90%
Turkey6.2N/A10.37.77.5%
Others0.80.10.70.3-27.9%
Total17.64.177.172.660.4%

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

  1. China (5.6 tons)
  2. United States (1.0 tons)
  3. India (0.7 tons)
  4. Turkey (0.2 tons)

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

In 2022, overseas shipments of cotton; sewing thread, put up for retail sale decreased by -22.7% to 3.5 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 432% against the previous year. As a result, the exports reached the peak of 5.5 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 dropped rapidly to $50K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 415%.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia5.120.436.324.769.2%
Vietnam13.149.5N/A10.5-7.1%
United StatesN/A30.870.77.7-50.0%
NetherlandsN/AN/AN/A6.10%
Chile1.10.20.10.2-43.3%
Others0.60.80.40.3-20.6%
Total19.810210749.535.7%

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

  1. Bolivia (1986.0 kg)
  2. Vietnam (893.0 kg)
  3. Netherlands (325.0 kg)
  4. United States (268.0 kg)
  5. Chile (61.0 kg)

Source: IndexBox Market Intelligence Platform

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