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

Contents:

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

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

In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $5,471 per ton, waning by -61.1% against the previous year. In general, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 83% against the previous year. The export price peaked at $24,210 per ton in 2012; however, from 2013 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 Estonia ($9,460 per ton), while the average price for exports to Spain ($3,697 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 the Czech Republic (-6.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $9,386 per ton, with a decrease of -54.2% against the previous year. In general, the import price recorded a noticeable decrease. The pace of growth was the most pronounced in 2016 an increase of 67% against the previous year. Over the period under review, average import prices attained the peak figure at $29,774 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($19,150 per ton), while the price for China ($3,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.7%), 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 Slovakia

In 2022, exports of cotton; sewing thread, put up for retail sale from Slovakia surged to 5.7 tons, picking up by 131% compared with the year before. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 404% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of cotton; sewing thread, put up for retail sale dropped to $31K in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 738% against the previous year. As a result, the exports attained the peak of $35K, and then declined in the following year.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic4.63.27.05.02.8%
PolandN/A0.74.93.5123.6%
IrelandN/AN/A3.12.7-12.9%
FranceN/AN/A2.42.68.3%
GermanyN/A0.11.92.2369.0%
FinlandN/AN/A2.22.1-4.5%
EstoniaN/AN/A0.61.9216.7%
AustriaN/A0.11.51.2246.4%
BelgiumN/AN/A1.21.20.0%
SwedenN/AN/A1.30.9-30.8%
NetherlandsN/AN/A0.70.70.0%
SpainN/AN/A0.80.7-12.5%
GreeceN/AN/A0.70.6-14.3%
OthersN/AN/A6.65.8-12.1%
Total4.74.134.731.287.9%

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

  1. Czech Republic (1004.0 kg)
  2. Poland (735.0 kg)
  3. Ireland (629.0 kg)
  4. France (497.0 kg)
  5. Finland (416.0 kg)
  6. Germany (397.0 kg)
  7. Austria (270.0 kg)
  8. Belgium (246.0 kg)
  9. Sweden (233.0 kg)
  10. Estonia (198.0 kg)
  11. Spain (185.0 kg)
  12. Greece (147.0 kg)
  13. Netherlands (146.0 kg)

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

In 2022, purchases abroad of cotton; sewing thread, put up for retail sale decreased by -76% to 673 kg, falling for the second year in a row after two years of growth. Overall, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 161% against the previous year. As a result, imports attained the peak of 3.3 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cotton; sewing thread, put up for retail sale shrank sharply to $6.3K in 2022. In general, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 77% against the previous year.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/A3.62.61.9-27.4%
TurkeyN/A0.96.71.110.6%
AustriaN/AN/A1.31.1-15.4%
Poland2.015.619.00.9-23.4%
Germany1.71.61.30.9-19.1%
Czech Republic23.827.526.10.1-83.9%
United KingdomN/A3.0N/AN/A0%
Others2.30.40.50.2-55.7%
Total29.852.657.46.3-40.4%

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

  1. Hungary (303.0 kg)
  2. Austria (142.0 kg)
  3. Germany (81.0 kg)
  4. Poland (61.0 kg)
  5. Turkey (60.0 kg)
  6. Czech Republic (9.0 kg)

Source: IndexBox Market Intelligence Platform

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