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

Contents:

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

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

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $8,790 per ton, declining by -3.8% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by 82% against the previous year. As a result, import price attained the peak level of $22,545 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($65,605 per ton), while the price for China ($5,471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), 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 Spain (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $38,313 per ton in 2022, shrinking by -16.4% against the previous year. Overall, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 138%. As a result, the export price attained the peak level of $50,657 per ton. From 2021 to 2022, the average 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 Germany ($58,016 per ton), while the average price for exports to Morocco ($6,565 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 Italy (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas purchases of cotton; sewing thread, put up for retail sale decreased by -28.7% to 136 tons in 2022. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 95%. As a result, imports attained the peak of 191 tons, and then dropped notably in the following year.

In value terms, imports of cotton; sewing thread, put up for retail sale fell markedly to $1.2M in 2022. Over the period under review, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 when imports increased by 87% against the previous year. As a result, imports reached the peak of $1.7M, and then dropped notably in the following year.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India536347906477-3.8%
China12815636041347.8%
Italy5.111.32.093.8164.0%
Germany85.414719771.5-5.7%
Hungary70.894.871.756.0-7.5%
Egypt35.6N/A31.354.215.0%
Turkey54.049.742.30.8-75.4%
Others60.512713632.7-18.5%
Total9759331,7471,1987.1%

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

  1. China (75.4 tons)
  2. India (45.2 tons)
  3. Egypt (7.8 tons)
  4. Italy (2.8 tons)
  5. Germany (2.5 tons)
  6. Hungary (1.7 tons)
  7. Turkey (0.1 tons)

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

Exports of cotton; sewing thread, put up for retail sale from Spain reduced rapidly to 11 tons in 2022, waning by -74.4% on 2021 figures. In general, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 4.4%.

In value terms, exports of cotton; sewing thread, put up for retail sale shrank remarkably to $404K in 2022. Overall, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 50% against the previous year. As a result, the exports attained the peak of $2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0891,9291,744296-35.2%
United Kingdom0.32.412.057.1475.2%
Italy27.918.713.610.7-27.3%
IndiaN/AN/AN/A7.80%
VenezuelaN/AN/AN/A7.30%
Morocco1071.311.45.6-62.6%
France3.23.657.93.53.0%
Portugal18.29.57.02.2-50.6%
Tunisia10.2N/AN/A0.6-61.1%
Syrian Arab Republic21.3N/AN/AN/A0%
Others50.732.841.413.0-36.5%
Total1,3281,9971,887404-32.7%

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

  1. Germany (5.1 tons)
  2. United Kingdom (1.1 tons)
  3. India (1.0 tons)
  4. Morocco (0.9 tons)
  5. Venezuela (0.9 tons)
  6. Italy (0.3 tons)
  7. Portugal (0.2 tons)
  8. France (0.2 tons)
  9. Tunisia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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