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

Contents:

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

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

The average import price for cotton waste (including yarn waste and garnetted stock) stood at $247 per ton in 2022, shrinking by -33.2% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 252% against the previous year. As a result, import price attained the peak level of $1,020 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 Belgium ($2,907 per ton), while the price for Germany ($154 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+44.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $6,182 per ton, with a decrease of -5.9% against the previous year. In general, the export price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 235% against the previous year. Over the period under review, the average export prices attained the maximum at $6,571 per ton in 2021, and then contracted in the following year.

As there is only one major export destination, the average price level is determined by prices for France.

From 2013 to 2022, the rate of growth in terms of prices for Belgium amounted to +47.0% per year.

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

In 2022, overseas purchases of cotton waste (including yarn waste and garnetted stock) were finally on the rise to reach 27 tons after two years of decline. In general, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) soared to $6.6K in 2022. Overall, imports, however, saw a abrupt descent.

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

1. Germany (21.2 tons)
2. France (5.4 tons)

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

Exports of cotton waste (including yarn waste and garnetted stock) from Luxembourg surged to 11 kg in 2022, with an increase of 57% compared with 2021. In general, exports continue to indicate a buoyant expansion. 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) soared to $68 in 2022. Overall, exports recorded a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 77%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

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

1. France (11.0 kg)

Source: IndexBox Market Intelligence Platform