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

Contents:

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

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

In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $1,787 per ton, with an increase of 117% against the previous year. Over the period under review, the import price enjoyed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Poland ($2,561 per ton), while the price for the Czech Republic ($853 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+16.7%), 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 Lithuania (FOB) - 2022

In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $2,208 per ton, surging by 101% against the previous year. Overall, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 422%. The export price peaked at $53,556 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($2,263 per ton), while the average price for exports to Estonia amounted to $1,204 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+8.5%).

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

After two years of decline, overseas purchases of cotton waste (including yarn waste and garnetted stock) increased by 68% to 114 tons in 2022. In general, imports, however, showed a slight contraction.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) soared to $203K in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Kazakhstan (59.6 tons)
2. Spain (40.0 tons)
3. Poland (10.1 tons)
4. Czech Republic (3.9 tons)

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

For the third year in a row, Lithuania recorded growth in overseas shipments of cotton waste (including yarn waste and garnetted stock), which increased by 678% to 65 tons in 2022. In general, exports saw significant growth. As a result, the exports attained 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) soared to $143K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Russia (61.3 tons)
2. Estonia (3.4 tons)

Source: IndexBox Market Intelligence Platform