Price for Cotton; Yarn Waste (Including Thread Waste) in Belgium - 2023
Contents:
- Price for Cotton; Yarn Waste (Including Thread Waste) in Belgium (CIF) - 2022
- Price for Cotton; Yarn Waste (Including Thread Waste) in Belgium (FOB) - 2022
- Imports of Cotton; Yarn Waste (Including Thread Waste) in Belgium
- Exports of Cotton; Yarn Waste (Including Thread Waste) in Belgium
Price for Cotton; Yarn Waste (Including Thread Waste) in Belgium (CIF) - 2022
The average import price for cotton; yarn waste (including thread waste) stood at $1,296 per ton in 2022, jumping by 106% against the previous year. Overall, the import price showed pronounced growth. The growth pace was the most rapid in 2019 when the average import price increased by 135% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Italy ($4,683 per ton), while the price for the United States ($456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-1.1%), while the prices for the other major suppliers experienced a decline.
Price for Cotton; Yarn Waste (Including Thread Waste) in Belgium (FOB) - 2022
In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $1,056 per ton, with a decrease of -56.6% against the previous year. Overall, the export price recorded a perceptible slump. The growth pace was the most rapid in 2017 an increase of 554% against the previous year. The export price peaked at $2,434 per ton in 2021, and then declined notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($3,753 per ton), while the average price for exports to the Czech Republic ($622 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+308.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton; Yarn Waste (Including Thread Waste) in Belgium
In 2022, supplies from abroad of cotton; yarn waste (including thread waste) decreased by -63.9% to 25 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 299%. As a result, imports attained the peak of 195 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cotton; yarn waste (including thread waste) shrank notably to $33K in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 239%. As a result, imports attained the peak of $168K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cotton; Yarn Waste (Including Thread Waste) in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 9.7 | 18.6 | 20.4 | 28.5 | 43.2% |
| Italy | 5.1 | 2.4 | 6.7 | 2.6 | -20.1% |
| India | N/A | N/A | 1.6 | 0.4 | -75.0% |
| United States | N/A | N/A | N/A | 0.2 | 0% |
| United Kingdom | N/A | N/A | 4.9 | N/A | 0% |
| Egypt | N/A | 28.2 | N/A | N/A | 0% |
| Turkmenistan | 34.7 | 83.7 | N/A | N/A | 141.2% |
| Turkey | N/A | 34.6 | N/A | N/A | 0% |
| Others | N/A | 0.4 | 10.3 | 1.1 | 65.8% |
| Total | 49.5 | 168 | 44.0 | 32.8 | -12.8% |
Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Belgium in 2022:
- France (23.6 tons)
- India (0.6 tons)
- Italy (0.6 tons)
- United States (0.5 tons)
Exports of Cotton; Yarn Waste (Including Thread Waste) in Belgium
Exports of cotton; yarn waste (including thread waste) from Belgium reduced markedly to 23 tons in 2022, which is down by -53.8% compared with the year before. Over the period under review, exports continue to indicate a significant decline. The smallest decline of -2.8% was in 2020.
In value terms, exports of cotton; yarn waste (including thread waste) shrank notably to $24K in 2022. In general, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year. As a result, the exports attained the peak of $167K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cotton; Yarn Waste (Including Thread Waste) in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 0.9 | 15.9 | 57.7 | 7.9 | 106.3% |
| Germany | 0.2 | 115 | 31.1 | 6.6 | 220.8% |
| France | 21.0 | 1.5 | 1.9 | 4.5 | -40.2% |
| Netherlands | 2.2 | 2.7 | 3.4 | 3.0 | 10.9% |
| Spain | 20.7 | 6.3 | 24.8 | N/A | 9.5% |
| Italy | 48.0 | N/A | N/A | N/A | 0% |
| Turkey | 4.5 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 25.2 | 1.4 | 2.2 | 34.7% |
| Total | 98.4 | 167 | 120 | 24.1 | -37.4% |
Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Belgium in 2022:
- Czech Republic (12.7 tons)
- France (4.8 tons)
- Germany (4.2 tons)
- Netherlands (0.8 tons)
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