Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Italy - 2023
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Italy (CIF) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Italy (FOB) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Italy
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Italy
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Italy (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,650 per ton in 2022, jumping by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2017 an increase of 34% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($2,716 per ton), while the price for Egypt ($973 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.6%), 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 Italy (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $715 per ton in 2022, surging by 3.5% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 24% against the previous year. The export price peaked at $1,515 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($9,891 per ton), while the average price for exports to Germany ($313 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 Hong Kong SAR (+29.8%), 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 Italy
After three years of growth, supplies from abroad of cotton waste (including yarn waste and garnetted stock) decreased by -38.9% to 11K tons in 2022. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2021 with an increase of 31%. As a result, imports attained the peak of 18K tons, and then dropped sharply in the following year.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) shrank remarkably to $18M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.7% 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 +18.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of $24M, and then declined rapidly in the following year.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.7 | 4.7 | 8.0 | 4.0 | -11.1% |
| India | 1.2 | 2.8 | 3.9 | 3.2 | 38.7% |
| Pakistan | 1.1 | 1.2 | 0.6 | 2.3 | 27.9% |
| Spain | 0.4 | 0.4 | 1.5 | 1.8 | 65.1% |
| Mauritius | 1.7 | 0.8 | 1.1 | 1.5 | -4.1% |
| Germany | 1.3 | 3.1 | 2.3 | 1.2 | -2.6% |
| United States | 0.9 | 0.6 | 0.9 | 1.1 | 6.9% |
| Czech Republic | 0.4 | 0.3 | 1.0 | 0.8 | 26.0% |
| Greece | 0.7 | 0.3 | 0.6 | 0.5 | -10.6% |
| Egypt | 0.4 | 0.6 | N/A | 0.2 | -20.6% |
| Uzbekistan | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Others | 1.4 | 2.2 | 3.9 | 1.6 | 4.6% |
| Total | 15.4 | 17.1 | 23.9 | 18.1 | 5.5% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Italy in 2022:
- Turkey (2372.3 tons)
- India (1401.4 tons)
- Mauritius (1253.4 tons)
- Spain (1207.5 tons)
- United States (944.5 tons)
- Pakistan (899.1 tons)
- Germany (889.7 tons)
- Czech Republic (321.4 tons)
- Greece (282.4 tons)
- Egypt (169.8 tons)
- Uzbekistan (124.6 tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Italy
In 2022, approx. 4.1K tons of cotton waste (including yarn waste and garnetted stock) were exported from Italy; picking up by 17% against 2021. Overall, exports, however, saw a abrupt descent.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) soared to $2.9M in 2022. In general, exports, however, recorded a deep slump.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 752 | 1,219 | 1,011 | 1,020 | 10.7% |
| Vietnam | 783 | 378 | 361 | 756 | -1.2% |
| Germany | 398 | 214 | 266 | 362 | -3.1% |
| Serbia | 216 | 158 | 222 | 201 | -2.4% |
| Malaysia | 92.8 | 36.8 | N/A | 89.3 | -1.3% |
| Slovenia | 663 | 57.4 | 5.8 | 64.8 | -53.9% |
| Venezuela | 9.1 | 30.9 | 18.1 | 33.5 | 54.4% |
| Lebanon | N/A | N/A | N/A | 25.2 | 0% |
| Spain | 278 | 125 | 82.3 | 0.8 | -85.8% |
| Others | 543 | 389 | 432 | 358 | -13.0% |
| Total | 3,734 | 2,608 | 2,399 | 2,912 | -8.0% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Italy in 2022:
- France (1475.9 tons)
- Germany (1156.8 tons)
- Vietnam (825.0 tons)
- Serbia (294.5 tons)
- Venezuela (83.1 tons)
- Lebanon (73.0 tons)
- Slovenia (36.0 tons)
- Malaysia (9.8 tons)
- Spain (1.3 tons)
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