Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Germany - 2023
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Germany (CIF) - 2023
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Germany (FOB) - 2023
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Germany
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Germany
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Germany (CIF) - 2023
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,715 per ton in December 2023, reducing by -11.7% against the previous month. Overall, the import price recorded a mild contraction. The pace of growth was the most pronounced in March 2023 when the average import price increased by 11% month-to-month. Over the period under review, average import prices attained the maximum at $2,071 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($2,118 per ton), while the price for Poland ($485 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Germany (FOB) - 2023
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $2,079 per ton in December 2023, reducing by -3.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in June 2023 when the average export price increased by 28% m-o-m. Over the period under review, the average export prices attained the peak figure at $2,338 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Spain ($22,222 per ton), while the average price for exports to the UK ($1,684 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Germany
In 2022, the amount of cotton waste (including yarn waste and garnetted stock) imported into Germany rose significantly to 51K tons, surging by 9.1% against 2021 figures. In general, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.3% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 45%. As a result, imports attained the peak of 67K 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) soared to $97M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.1 | 32.3 | 22.9 | 37.3 | 619.8% |
| Turkey | 31.6 | 18.2 | 22.8 | 26.1 | -6.2% |
| India | 16.5 | 17.6 | 10.8 | 22.8 | 11.4% |
| France | 3.3 | 3.7 | 3.5 | 4.0 | 6.6% |
| Netherlands | 0.3 | 6.1 | 2.8 | 3.9 | 135.1% |
| Italy | 0.8 | 0.6 | 0.4 | 0.2 | -37.0% |
| Others | 5.4 | 3.5 | 2.3 | 2.5 | -22.6% |
| Total | 58.0 | 82.1 | 65.5 | 96.9 | 18.7% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Germany in 2022:
- Belgium (20.5K tons)
- India (11.9K tons)
- Turkey (11.6K tons)
- Netherlands (2.3K tons)
- France (2.0K tons)
- Italy (0.5K tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Germany
For the fourth consecutive year, Germany recorded growth in overseas shipments of cotton waste (including yarn waste and garnetted stock), which increased by 8% to 33K tons in 2022. The total export volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) surged to $56M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.6 | 8.6 | 7.9 | 12.2 | 17.1% |
| Switzerland | 4.4 | 6.5 | 4.8 | 8.0 | 22.1% |
| United States | 1.6 | 3.6 | 5.5 | 6.5 | 59.6% |
| United Kingdom | 1.4 | 3.5 | 4.8 | 5.9 | 61.5% |
| Poland | 2.8 | 3.4 | 4.8 | 5.8 | 27.5% |
| Sweden | 3.4 | 4.3 | 4.3 | 5.6 | 18.1% |
| Netherlands | 3.6 | 2.2 | 2.6 | 2.8 | -8.0% |
| Spain | 1.8 | 0.7 | 1.5 | 2.2 | 6.9% |
| Austria | 1.6 | 1.8 | 1.7 | 2.1 | 9.5% |
| Italy | 1.4 | 2.4 | 1.0 | 1.5 | 2.3% |
| Turkey | 0.3 | 0.4 | 0.6 | 1.2 | 58.7% |
| Czech Republic | 3.0 | 1.6 | 1.6 | 0.5 | -45.0% |
| Others | 1.6 | 1.6 | 1.6 | 1.6 | 0.0% |
| Total | 34.5 | 40.7 | 42.7 | 55.9 | 17.5% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Germany in 2022:
- France (6.3K tons)
- Poland (5.2K tons)
- Switzerland (4.7K tons)
- United Kingdom (3.4K tons)
- United States (3.3K tons)
- Sweden (2.9K tons)
- Netherlands (1.2K tons)
- Czech Republic (1.2K tons)
- Austria (1.2K tons)
- Italy (1.1K tons)
- Spain (1.1K tons)
- Turkey (0.6K tons)
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