Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in South Korea - 2022
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in South Korea (FOB) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in South Korea (CIF) - 2022
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in South Korea
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in South Korea
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in South Korea (FOB) - 2022
In December 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $1,772 per ton, with an increase of 6.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.0%. The pace of growth was the most pronounced in February 2022 when the average export price increased by 33% against the previous month. Over the period under review, the average export prices hit record highs at $1,790 per ton in July 2022; afterwards, it flattened through to December 2022.
Average prices varied noticeably for the major external markets. In December 2022, the country with the highest price was Japan ($1,786 per ton), while the average price for exports to Taiwan (Chinese) amounted to $1,727 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in South Korea (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $661 per ton in 2022, shrinking by -9.3% against the previous year. Over the period under review, the import price showed a pronounced curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 52%. As a result, import price attained the peak level of $1,221 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,398 per ton), while the price for Pakistan ($455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+1.0%), while the prices for the other major suppliers experienced a decline.
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in South Korea
In 2022, exports of cotton waste (including yarn waste and garnetted stock) from South Korea fell dramatically to 3K tons, reducing by -40.9% against the previous year. Over the period under review, exports faced a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) shrank markedly to $4.4M in 2022. In general, exports showed a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.4 | 3.1 | 2.9 | 3.4 | 0.0% |
| Taiwan (Chinese) | 1.5 | 0.9 | 1.1 | 0.5 | -30.7% |
| Indonesia | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Vietnam | 0.5 | 0.1 | 0.7 | 0.1 | -41.5% |
| Malaysia | N/A | 0.1 | 0.7 | N/A | 600.0% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 5.9 | 4.5 | 5.7 | 4.4 | -9.3% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from South Korea in 2022:
- Japan (2007.7 tons)
- Indonesia (529.6 tons)
- Taiwan (Chinese) (395.9 tons)
- Vietnam (73.5 tons)
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in South Korea
In 2022, the amount of cotton waste (including yarn waste and garnetted stock) imported into South Korea rose slightly to 2.1K tons, with an increase of 4.5% compared with 2021. In general, imports recorded notable growth. The pace of growth was the most pronounced in 2021 with an increase of 212% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) contracted to $1.4M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 191% against the previous year. As a result, imports reached the peak of $1.5M, and then contracted in the following year.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 218 | 67.0 | 400 | 538 | 35.1% |
| Pakistan | 767 | 108 | 626 | 474 | -14.8% |
| Taiwan (Chinese) | 87.0 | 19.8 | 111 | 186 | 28.8% |
| India | 202 | 145 | 172 | 123 | -15.2% |
| Vietnam | 23.6 | 130 | N/A | 53.5 | 31.4% |
| United States | 37.8 | 4.0 | 127 | N/A | 83.3% |
| Others | 57.7 | 26.4 | 20.3 | 5.6 | -54.0% |
| Total | 1,393 | 500 | 1,456 | 1,380 | -0.3% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to South Korea in 2022:
- Pakistan (1042.9 tons)
- Costa Rica (665.4 tons)
- Taiwan (Chinese) (248.0 tons)
- India (88.3 tons)
- Vietnam (44.3 tons)
431
This report provides an in-depth analysis of the plaster market in Republic of Korea.
1667
This report provides an in-depth analysis of the global plaster market.
Nothing found. Please try again.
