Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Austria - 2023
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Austria (CIF) - 2023
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Austria (FOB) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Austria
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Austria
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Austria (CIF) - 2023
In December 2023, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $2,501 per ton, increasing by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in April 2023 an increase of 14% against the previous month. Over the period under review, average import prices attained the peak figure in December 2023.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From December 2022 to December 2023, the rate of growth in terms of prices for Germany amounted to +1.3% per month.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Austria (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $1,044 per ton in 2022, flattening at the previous year. Over the period under review, the export price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 64%. Over the period under review, the average export prices reached the peak figure at $1,536 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 the Czech Republic ($4,441 per ton), while the average price for exports to France ($444 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 (+33.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Austria
In 2022, approx. 1.2K tons of cotton waste (including yarn waste and garnetted stock) were imported into Austria; picking up by 12% on 2021 figures. Overall, imports, however, continue to indicate a slight curtailment.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) rose notably to $1.9M in 2022. The total import value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,436 | 1,673 | 1,615 | 1,883 | 9.5% |
| Italy | 80.9 | 104 | 33.9 | N/A | -35.3% |
| Others | 94.5 | 10.6 | 4.2 | 1.9 | -72.8% |
| Total | 1,612 | 1,788 | 1,654 | 1,885 | 5.4% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Austria in 2022:
- Germany (1151.7 tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Austria
In 2022, the amount of cotton waste (including yarn waste and garnetted stock) exported from Austria dropped significantly to 693 tons, which is down by -31.7% against 2021. Overall, exports showed a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 80%. As a result, the exports reached the peak of 1K tons, and then reduced dramatically in the following year.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) shrank markedly to $724K in 2022. In general, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 102% against the previous year. As a result, the exports reached the peak of $1.1M, and then fell markedly in the following year.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 401 | 292 | 851 | 612 | 15.1% |
| France | 67.1 | 78.5 | 113 | 94.9 | 12.2% |
| Portugal | 13.2 | 127 | 91.5 | 1.6 | -50.5% |
| Belgium | 17.2 | 32.6 | 15.8 | N/A | -4.2% |
| Others | 4.1 | 3.5 | 3.3 | 15.7 | 56.4% |
| Total | 503 | 533 | 1,074 | 724 | 12.9% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Austria in 2022:
- Germany (471.3 tons)
- France (213.7 tons)
- Portugal (1.1 tons)
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