Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Azerbaijan - 2024
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Azerbaijan (FOB) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Azerbaijan (CIF) - 2022
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Azerbaijan
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Azerbaijan
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Azerbaijan (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $544 per ton in 2022, waning by -25.8% against the previous year. In general, the export price saw a slight setback. The growth pace was the most rapid in 2017 when the average export price increased by 96% against the previous year. The export price peaked at $733 per ton in 2021, and then fell dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +3.5% per year.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Azerbaijan (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $7,233 per ton in 2022, picking up by 217% against the previous year. In general, the import price showed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to +857.1% per year.
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Azerbaijan
Exports of cotton waste (including yarn waste and garnetted stock) from Azerbaijan contracted to 3.6K tons in 2022, shrinking by -10.4% against the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports attained the peak of 4K tons, and then reduced in the following year.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) fell rapidly to $2M in 2022. In general, exports, however, posted a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 121%. As a result, the exports reached the peak of $2.9M, and then contracted remarkably in the following year.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.5 | 1.3 | 2.9 | 2.0 | 10.1% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 1.6 | 1.3 | 2.9 | 2.0 | 7.7% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Azerbaijan in 2022:
- Turkey (3.6K tons)
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Azerbaijan
In 2022, purchases abroad of cotton waste (including yarn waste and garnetted stock) decreased by -77.3% to 73 kg, falling for the second consecutive year after two years of growth. Overall, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 2,730%. As a result, imports reached the peak of 8.3 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) shrank dramatically to $528 in 2022. In general, imports recorded a dramatic decline. The growth pace was the most rapid in 2020 when imports increased by 1,516% against the previous year. As a result, imports attained the peak of $19K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 12.4 | N/A | 0.5 | -79.9% |
| Norway | 1.0 | N/A | N/A | N/A | 0% |
| Turkey | 0.2 | 7.0 | 0.7 | N/A | 87.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 19.3 | 0.7 | 0.5 | -25.3% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Azerbaijan in 2022:
- China (73.0 kg)
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