Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Australia - 2024

Contents:

1. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Australia (FOB) - 2022
2. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Australia (CIF) - 2022
3. Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Australia
4. Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Australia

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Australia (FOB) - 2022

In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $1,679 per ton, dropping by -80% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 544% against the previous year. As a result, the export price attained the peak level of $12,000 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +37.3% per year.

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Australia (CIF) - 2022

The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,260 per ton in 2022, with an increase of 8.7% against the previous year. Overall, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2014 when the average import price increased by 176% against the previous year. Over the period under review, average import prices attained the peak figure at $2,587 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 India ($3,168 per ton), while the price for Pakistan totaled $783 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Australia

Exports of cotton waste (including yarn waste and garnetted stock) from Australia surged to 289 tons in 2022, growing by 15,853% on 2021 figures. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,423,300%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) surged to $484K in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,037,958% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Australia in 2022:

1. Japan (287.8 tons)

Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Australia

In 2022, overseas purchases of cotton waste (including yarn waste and garnetted stock) decreased by -66.7% to 2.5 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. As a result, imports reached the peak of 7.5 tons, and then contracted remarkably in the following year.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) dropped notably to $3.2K in 2022. Overall, imports saw a sharp decrease. The smallest decline of -0.3% was in 2020.

Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Australia in 2022:

1. Pakistan (2.0 tons)
2. India (0.5 tons)

Source: IndexBox Market Intelligence Platform