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

Contents:

1. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Uzbekistan (FOB) - 2023
2. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Uzbekistan (CIF) - 2022
3. Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Uzbekistan
4. Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Uzbekistan

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

In November 2023, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $1,290 per ton, declining by -2.5% against the previous month. In general, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 20% against the previous month. The export price peaked at $1,675 per ton in November 2022; however, from December 2022 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($2,443 per ton), while the average price for exports to Vietnam ($964 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $946 per ton, reducing by -35.6% against the previous year. In general, the import price saw a deep downturn. The growth pace was the most rapid in 2020 when the average import price increased by 10%. Over the period under review, average import prices hit record highs at $1,469 per ton in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,256 per ton), while the price for Kyrgyzstan ($307 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of cotton waste (including yarn waste and garnetted stock) decreased by -23.7% to 29K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 127%. As a result, the exports reached the peak of 38K tons, and then contracted markedly in the following year.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) shrank to $41M in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 184%. As a result, the exports attained the peak of $45M, and then reduced in the following year.

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

1. Turkey (22.9K tons)
2. Tajikistan (3.3K tons)
3. Ukraine (0.9K tons)
4. Kazakhstan (0.9K tons)
5. Italy (0.2K tons)

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

For the fourth consecutive year, Uzbekistan recorded growth in purchases abroad of cotton waste (including yarn waste and garnetted stock), which increased by 84% to 1.4K tons in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,417%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) soared to $1.3M in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,574% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

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

1. Turkey (851.9 tons)
2. Germany (430.7 tons)
3. Kyrgyzstan (46.5 tons)
4. Kazakhstan (35.3 tons)

Source: IndexBox Market Intelligence Platform