Price for Cotton; Yarn Waste (Including Thread Waste) in Finland - 2023

Price for Cotton; Yarn Waste (Including Thread Waste) in Finland (CIF) - 2022

In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $5,996 per ton, jumping by 19% against the previous year. In general, the import price posted resilient growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 90%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($6,150 per ton), while the price for Sweden ($5,400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cotton; Yarn Waste (Including Thread Waste) in Finland

In 2022, purchases abroad of cotton; yarn waste (including thread waste) decreased by -16% to 3 tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 224%. As a result, imports attained the peak of 12 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cotton; yarn waste (including thread waste) stood at $18K in 2022. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 517% against the previous year. As a result, imports reached the peak of $64K. From 2021 to 2022, the growth of imports of remained at a lower figure.