Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Finland - 2023

Contents:

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

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

The average import price for cotton waste (including yarn waste and garnetted stock) stood at $5,812 per ton in 2022, growing by 14% against the previous year. Over the period under review, the import price saw temperate growth. The growth pace was the most rapid in 2014 an increase of 120%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

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 Germany ($17,571 per ton), while the price for Sweden ($5,104 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+98.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $7,888 per ton, dropping by -22.4% against the previous year. Over the period under review, the export price showed a perceptible downturn. The most prominent rate of growth was recorded in 2017 an increase of 156%. Over the period under review, the average export prices reached the peak figure at $15,836 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($16,000 per ton), while the average price for exports to Norway ($4,000 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 Switzerland (-0.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of cotton waste (including yarn waste and garnetted stock) decreased by -17.8% to 3.8 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 187%. As a result, imports attained the peak of 14 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) dropped to $22K in 2022. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 303%. As a result, imports reached the peak of $75K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark10.537.618.017.518.6%
SwedenN/A32.34.34.0-64.8%
Turkey6.2N/AN/AN/A0%
Others2.05.61.40.6-33.1%
Total18.775.423.722.25.9%

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

  1. Denmark (3.0 tons)
  2. Sweden (0.8 tons)

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

In 2022, overseas shipments of cotton waste (including yarn waste and garnetted stock) decreased by -40.2% to 125 kg, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 104% against the previous year. As a result, the exports attained the peak of 455 kg. 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) declined notably to $986 in 2022. In general, exports faced a significant curtailment. The growth pace was the most rapid in 2020 with an increase of 67%. As a result, the exports attained the peak of $3.6K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Finland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,4622,7911,876943-13.6%
United StatesN/A654N/A32.0-77.9%
Norway13613846.04.0-69.1%
Singapore559N/A56.0N/A-68.3%
OthersN/A24.01477.0-46.0%
Total2,1573,6072,125986-23.0%

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

  1. Switzerland (120.0 kg)
  2. United States (2.0 kg)
  3. Norway (1.0 kg)

Source: IndexBox Market Intelligence Platform

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