Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Brazil - 2024
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Brazil (FOB) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Brazil (CIF) - 2024
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Brazil
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Brazil
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Brazil (FOB) - 2022
In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $1,053 per ton, with an increase of 76% against the previous year. In general, the export price, however, continues to indicate a slight decrease. The export price peaked at $1,254 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($1,107 per ton), while the average price for exports to Argentina ($269 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 Bangladesh (+44.3%), while the prices for the other major destinations experienced a decline.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Brazil (CIF) - 2024
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $637 per ton in February 2024, picking up by 13% against the previous month. Overall, the import price, however, saw a noticeable decline. The growth pace was the most rapid in June 2023 an increase of 45% m-o-m. The import price peaked at $886 per ton in February 2023; however, from March 2023 to February 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Pakistan ($888 per ton), while the price for the United States ($432 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Turkey (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Brazil
In 2022, shipments abroad of cotton waste (including yarn waste and garnetted stock) decreased by -3.8% to 13K tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,528% against the previous year. As a result, the exports attained the peak of 19K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) surged to $13M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,452% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | 9.2 | 6.9 | 12.7 | 17.5% |
| Argentina | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Vietnam | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Others | 0.5 | 0.7 | 0.7 | 0.3 | -15.7% |
| Total | 0.7 | 10.3 | 7.8 | 13.2 | 166.2% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Brazil in 2022:
- Bangladesh (11.5K tons)
- Argentina (0.9K tons)
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Brazil
In 2022, overseas purchases of cotton waste (including yarn waste and garnetted stock) were finally on the rise to reach 10K tons after two years of decline. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) surged to $7M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some 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 Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,113 | 737 | 635 | 2,189 | 25.3% |
| Turkey | 1,665 | 1,352 | 1,955 | 2,143 | 8.8% |
| Pakistan | 1,162 | 1,594 | 1,235 | 1,544 | 9.9% |
| Bangladesh | 354 | 396 | 527 | 618 | 20.4% |
| Argentina | N/A | 10.1 | 29.2 | 169 | 309.1% |
| Spain | 302 | 258 | 252 | 116 | -27.3% |
| Ecuador | 55.6 | 26.6 | 56.8 | 111 | 25.9% |
| India | 144 | 531 | 170 | 39.1 | -35.2% |
| Others | 189 | 230 | 12.7 | 120 | -14.1% |
| Total | 4,984 | 5,135 | 4,873 | 7,048 | 12.2% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Brazil in 2022:
- United States (4.6K tons)
- Turkey (2.8K tons)
- Pakistan (1.2K tons)
- Bangladesh (0.7K tons)
- Argentina (0.3K tons)
- Ecuador (0.3K tons)
- Spain (0.1K tons)
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