Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Argentina - 2023
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Argentina (FOB) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Argentina (CIF) - 2022
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Argentina
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Argentina
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Argentina (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $1,223 per ton in 2022, declining by -3.9% against the previous year. Overall, the export price showed a pronounced reduction. The most prominent rate of growth was recorded in 2017 an increase of 17% against the previous year. Over the period under review, the average export prices attained the maximum at $1,926 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($1,951 per ton), while the average price for exports to Brazil ($520 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 Uruguay (+4.9%), while the prices for the other major destinations experienced a decline.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Argentina (CIF) - 2022
In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $358 per ton, picking up by 7.8% against the previous year. Over the period from 2018 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 18% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2018 to 2022, the rate of growth in terms of prices for Brazil amounted to +1.5% per year.
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Argentina
In 2022, approx. 1.2K tons of cotton waste (including yarn waste and garnetted stock) were exported from Argentina; rising by 44% compared with the year before. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $1.5M in 2022. The total export value increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 731 | 464 | 428 | 505 | -11.6% |
| Uruguay | 255 | 114 | 188 | 500 | 25.2% |
| Brazil | N/A | 10.1 | 29.2 | 169 | 309.1% |
| Germany | 62.8 | 510 | 353 | 114 | 22.0% |
| United States | N/A | 89.9 | 73.5 | 107 | 9.1% |
| Paraguay | 59.9 | 67.3 | 5.4 | 73.7 | 7.2% |
| Others | 0.4 | 1.6 | 0.3 | 18.4 | 258.3% |
| Total | 1,109 | 1,258 | 1,077 | 1,486 | 10.2% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Argentina in 2022:
- Chile (330.4 tons)
- Brazil (324.6 tons)
- Uruguay (256.1 tons)
- Paraguay (117.8 tons)
- Germany (100.3 tons)
- United States (75.3 tons)
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Argentina
For the fourth consecutive year, Argentina recorded growth in supplies from abroad of cotton waste (including yarn waste and garnetted stock), which increased by 26% to 921 tons in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 322%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $330K in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 240% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 43.5 | 148 | 244 | 330 | 96.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 43.5 | 148 | 244 | 330 | 96.5% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Argentina in 2022:
- Brazil (921.1 tons)
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