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

Contents:

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

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

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $12,935 per ton, shrinking by -36.2% against the previous year. Overall, the import price saw a pronounced setback. The growth pace was the most rapid in 2019 an increase of 79% against the previous year. Over the period under review, average import prices hit record highs at $20,626 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($164,167 per ton), while the price for Turkey ($3,059 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.2%), 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 Serbia (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $8,857 per ton in 2022, reducing by -31.6% against the previous year. Over the period under review, the export price saw a pronounced reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 36%. The export price peaked at $14,996 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($8,590 per ton), while the average price for exports to Turkey totaled $2,659 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+31.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of cotton; sewing thread, put up for retail sale increased by 73% to 3.4 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton; sewing thread, put up for retail sale rose markedly to $44K in 2022. Over the period under review, imports, however, recorded a deep slump.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.013.04.210.8-3.5%
Croatia10.019.919.79.8-0.7%
Turkey12.19.43.87.6-14.4%
India10.03.20.84.0-26.3%
PortugalN/AN/AN/A3.00%
Italy0.80.51.62.648.1%
Czech Republic2.12.41.71.4-12.6%
China2.00.11.70.3-46.9%
Egypt0.81.83.60.1-50.0%
Others2.94.92.43.910.4%
Total52.755.339.443.5-6.2%

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

  1. Turkey (2474.0 kg)
  2. Croatia (250.0 kg)
  3. India (174.0 kg)
  4. Portugal (134.0 kg)
  5. Italy (77.0 kg)
  6. Germany (66.0 kg)
  7. China (38.0 kg)
  8. Czech Republic (31.0 kg)
  9. Egypt (4.0 kg)

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

In 2022, exports of cotton; sewing thread, put up for retail sale from Serbia dropped significantly to 467 kg, reducing by -68% against 2021. Overall, exports saw a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 94%.

In value terms, exports of cotton; sewing thread, put up for retail sale reduced remarkably to $4.1K in 2022. Over the period under review, exports showed a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 115%.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and HerzegovinaN/A7.311.22.5-41.5%
TurkeyN/AN/AN/A0.50%
HungaryN/AN/A7.7N/A0%
Germany97.61.5N/AN/A-98.5%
Others0.3N/AN/A1.258.7%
Total97.98.818.94.1-65.3%

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

  1. Bosnia and Herzegovina (290.0 kg)
  2. Turkey (170.0 kg)

Source: IndexBox Market Intelligence Platform

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