Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Ecuador - 2022
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Ecuador (CIF) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Ecuador (FOB) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Ecuador
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Ecuador
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Ecuador (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $993 per ton in 2022, picking up by 4.2% against the previous year. In general, the import price, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2013 an increase of 35%. Over the period under review, average import prices attained the maximum at $1,992 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($1,983 per ton), while the price for Brazil ($936 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Ecuador (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $456 per ton in 2022, growing by 40% against the previous year. In general, the export price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices hit record highs at $585 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($1,389 per ton), while the average price for exports to Brazil amounted to $361 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+48.7%).
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Ecuador
Imports of cotton waste (including yarn waste and garnetted stock) into Ecuador skyrocketed to 565 tons in 2022, with an increase of 47% against 2021. In general, imports, however, saw a abrupt contraction.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) soared to $562K in 2022. Overall, imports, however, recorded a deep slump.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 714 | 255 | 154 | 406 | -17.2% |
| India | 110 | 82.9 | 67.3 | 68.1 | -14.8% |
| Brazil | 60.4 | 8.7 | 62.8 | 65.0 | 2.5% |
| Peru | 29.7 | 25.0 | 17.7 | 13.3 | -23.5% |
| Spain | N/A | N/A | 61.5 | N/A | 0% |
| Others | 6.4 | 5.7 | 3.9 | 9.0 | 12.0% |
| Total | 921 | 378 | 367 | 562 | -15.2% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Ecuador in 2022:
- United States (425.9 tons)
- Brazil (69.4 tons)
- India (57.4 tons)
- Peru (6.7 tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Ecuador
In 2022, approx. 265 tons of cotton waste (including yarn waste and garnetted stock) were exported from Ecuador; jumping by 43% against the previous year. Overall, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $121K in 2022. In general, exports saw a significant expansion. 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 Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 55.3 | 21.5 | 55.8 | 91.4 | 18.2% |
| Colombia | N/A | N/A | 0.6 | 13.7 | 2183.3% |
| Others | 0.6 | 12.2 | 4.0 | 15.7 | 196.9% |
| Total | 55.9 | 33.7 | 60.4 | 121 | 29.4% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Ecuador in 2022:
- Brazil (253.0 tons)
- Colombia (9.8 tons)
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