Price for Cotton; Sewing Thread, Put Up for Retail Sale in Sri Lanka - 2022
Contents:
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Sri Lanka (CIF) - 2022
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Sri Lanka (FOB) - 2022
- Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Sri Lanka
- Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Sri Lanka
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Sri Lanka (CIF) - 2022
In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $15,381 per ton, growing by 40% against the previous year. In general, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 56% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
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 South Korea ($114,556 per ton), while the price for China ($2,757 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+29.5%), 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 Sri Lanka (FOB) - 2022
The average export price for cotton; sewing thread, put up for retail sale stood at $9,729 per ton in 2022, with a decrease of -2.1% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 41%. Over the period under review, the average export prices reached the peak figure at $19,717 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 India ($24,965 per ton), while the average price for exports to Malaysia ($2,323 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 Ethiopia (+24.6%), 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 Sri Lanka
In 2022, imports of cotton; sewing thread, put up for retail sale into Sri Lanka shrank dramatically to 11 tons, waning by -19.4% compared with 2021 figures. In general, imports faced a dramatic curtailment.
In value terms, imports of cotton; sewing thread, put up for retail sale totaled $174K in 2022. Over the period under review, imports showed a significant decrease.
| Import of Cotton; Sewing Thread, Put Up for Retail Sale in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 92.7 | 77.9 | 38.5 | 60.9 | -13.1% |
| South Korea | 64.9 | 54.6 | 27.0 | 42.6 | -13.1% |
| India | 253 | 119 | 58.8 | 38.2 | -46.8% |
| Pakistan | 19.4 | 16.3 | 8.1 | 12.7 | -13.2% |
| Germany | 108 | 12.5 | 5.8 | 4.6 | -65.1% |
| Taiwan (Chinese) | 11.5 | 7.9 | 3.2 | 4.2 | -28.5% |
| China | 1.5 | 1.5 | 4.7 | 0.5 | -30.7% |
| Others | 47.3 | 18.8 | 7.9 | 10.0 | -40.4% |
| Total | 598 | 309 | 154 | 174 | -33.7% |
Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Sri Lanka in 2022:
- United Arab Emirates (8.9 tons)
- Pakistan (0.7 tons)
- India (0.4 tons)
- South Korea (0.4 tons)
- Taiwan (Chinese) (0.3 tons)
- China (0.2 tons)
- Germany (0.1 tons)
Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Sri Lanka
In 2022, the amount of cotton; sewing thread, put up for retail sale exported from Sri Lanka contracted sharply to 686 kg, with a decrease of -79% compared with 2021 figures. Over the period under review, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 142%. As a result, the exports attained the peak of 3.3 tons, and then shrank significantly in the following year.
In value terms, exports of cotton; sewing thread, put up for retail sale contracted sharply to $6.7K in 2022. Overall, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 130%. As a result, the exports attained the peak of $32K, and then reduced markedly in the following year.
| Export of Cotton; Sewing Thread, Put Up for Retail Sale in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.2 | 2.3 | 3.3 | 2.1 | 119.0% |
| Nigeria | 1.6 | 7.8 | 6.9 | 1.6 | 0.0% |
| Kenya | 0.3 | 0.9 | 5.9 | 1.3 | 63.0% |
| Maldives | 0.1 | 0.4 | 1.8 | 0.4 | 58.7% |
| Malaysia | N/A | N/A | N/A | 0.4 | 0% |
| Papua New Guinea | N/A | 0.4 | 1.2 | 0.3 | -13.4% |
| Bahrain | 0.3 | 0.9 | 0.7 | 0.1 | -30.7% |
| Haiti | N/A | N/A | 2.4 | N/A | 0% |
| Lebanon | N/A | N/A | 2.3 | N/A | 0% |
| Vietnam | N/A | N/A | 5.5 | N/A | 0% |
| Netherlands | N/A | N/A | 1.4 | N/A | 0% |
| Mauritius | 22.6 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 0.3 | 0.8 | 0.4 | N/A | 15.5% |
| Others | 0.3 | 0.6 | 0.6 | 0.5 | 18.6% |
| Total | 25.7 | 14.1 | 32.5 | 6.7 | -36.1% |
Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Sri Lanka in 2022:
- Nigeria (162.0 kg)
- Malaysia (158.0 kg)
- Kenya (116.0 kg)
- India (86.0 kg)
- Maldives (68.0 kg)
- Papua New Guinea (34.0 kg)
- Bahrain (26.0 kg)
- United Arab Emirates (6.0 kg)
- Haiti (1.0 kg)
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This report provides an in-depth analysis of the cotton sewing thread market in Sri Lanka.
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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 Sri Lanka.
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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...
1110
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
1059
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...
1110
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
