Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United States - 2024
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United States (CIF) - 2024
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United States (FOB) - 2024
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United States
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United States
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United States (CIF) - 2024
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,189 per ton in December 2023, falling by -9.2% against the previous month. Over the period under review, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in July 2023 an increase of 15% against the previous month. As a result, import price attained the peak level of $2,101 per ton. From August 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Pakistan ($2,685 per ton), while the price for Tunisia ($170 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.9%), 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 the United States (FOB) - 2024
In December 2023, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $669 per ton, dropping by -29.5% against the previous month. Over the period under review, the export price recorded a slight downturn. The pace of growth was the most pronounced in June 2023 an increase of 76% against the previous month. As a result, the export price reached the peak level of $1,536 per ton. From July 2023 to December 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($1,260 per ton), while the average price for exports to Italy ($394 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+41.7%), 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 the United States
In 2022, supplies from abroad of cotton waste (including yarn waste and garnetted stock) decreased by -20.5% to 12K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 57%. As a result, imports reached the peak of 19K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) expanded sharply to $21M in 2022. The total import value increased at an average annual rate of +12.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 36%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.4 | 5.5 | 8.7 | 8.6 | 36.3% |
| Pakistan | 2.0 | 3.0 | 4.5 | 5.5 | 40.1% |
| Turkey | 6.2 | 7.6 | 3.5 | 4.1 | -12.9% |
| Mexico | 1.5 | 1.4 | 1.6 | 1.2 | -7.2% |
| Costa Rica | N/A | 0.1 | 0.1 | 0.6 | 144.9% |
| Indonesia | 0.7 | 1.5 | 0.2 | 0.5 | -10.6% |
| Tunisia | N/A | N/A | N/A | N/A | 0% |
| Bangladesh | N/A | 0.2 | 0.2 | N/A | 0.0% |
| Others | 0.7 | 0.6 | 0.4 | 0.5 | -10.6% |
| Total | 14.6 | 19.9 | 19.3 | 20.9 | 12.7% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to the United States in 2022:
- India (4.5K tons)
- Turkey (2.3K tons)
- Pakistan (2.2K tons)
- Mexico (1.7K tons)
- Costa Rica (0.4K tons)
- Tunisia (0.2K tons)
- Indonesia (0.2K tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United States
Exports of cotton waste (including yarn waste and garnetted stock) from the United States contracted to 16K tons in 2022, reducing by -3.3% compared with the previous year. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 9.3%.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) totaled $15M in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 31%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2.5 | 3.1 | 3.4 | 5.9 | 33.1% |
| Brazil | 1.3 | 0.5 | 1.1 | 2.9 | 30.7% |
| Canada | 4.2 | 2.6 | 1.7 | 1.8 | -24.6% |
| Honduras | 0.1 | 0.8 | 0.8 | 1.2 | 128.9% |
| Turkey | 2.6 | 1.2 | 1.0 | 1.2 | -22.7% |
| Italy | 0.3 | 0.4 | 0.4 | 0.5 | 18.6% |
| Vietnam | 0.2 | 0.2 | 2.4 | 0.3 | 14.5% |
| Guatemala | 0.5 | 0.1 | 0.4 | 0.2 | -26.3% |
| Spain | 0.9 | 0.3 | 0.2 | 0.2 | -39.4% |
| Others | 1.6 | 1.5 | 2.3 | 0.8 | -20.6% |
| Total | 14.2 | 10.6 | 13.9 | 15.1 | 2.1% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from the United States in 2022:
- Brazil (4.7K tons)
- Mexico (4.5K tons)
- Canada (2.5K tons)
- Turkey (1.4K tons)
- Honduras (1.0K tons)
- Italy (0.7K tons)
- Guatemala (0.3K tons)
- Vietnam (0.2K tons)
- Spain (0.2K tons)
440
This report provides an in-depth analysis of the plaster market in the U.S..
1673
This report provides an in-depth analysis of the global plaster market.
