Price for Cotton; Yarn Waste (Including Thread Waste) in Indonesia - 2022
Contents:
- Price for Cotton; Yarn Waste (Including Thread Waste) in Indonesia (CIF) - 2022
- Price for Cotton; Yarn Waste (Including Thread Waste) in Indonesia (FOB) - 2022
- Imports of Cotton; Yarn Waste (Including Thread Waste) in Indonesia
- Exports of Cotton; Yarn Waste (Including Thread Waste) in Indonesia
Price for Cotton; Yarn Waste (Including Thread Waste) in Indonesia (CIF) - 2022
In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $913 per ton, standing approx. at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 80% against the previous year. The import price peaked at $992 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Turkey ($2,200 per ton), while the price for Vietnam ($571 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton; Yarn Waste (Including Thread Waste) in Indonesia (FOB) - 2022
The average export price for cotton; yarn waste (including thread waste) stood at $1,391 per ton in 2022, reducing by -15.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 49%. As a result, the export price attained the peak level of $1,647 per ton, and then contracted remarkably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($3,125 per ton), while the average price for exports to Malaysia ($484 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 Bangladesh (+23.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cotton; Yarn Waste (Including Thread Waste) in Indonesia
In 2022, approx. 1.1K tons of cotton; yarn waste (including thread waste) were imported into Indonesia; falling by -39.4% against the year before. Overall, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 108%. As a result, imports reached the peak of 1.7K tons, and then dropped significantly in the following year.
In value terms, imports of cotton; yarn waste (including thread waste) contracted rapidly to $963K in 2022. In general, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 275% against the previous year. As a result, imports reached the peak of $1.6M, and then declined rapidly in the following year.
| Import of Cotton; Yarn Waste (Including Thread Waste) in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 234 | 168 | 315 | 419 | 21.4% |
| Turkey | 0.3 | N/A | 1,067 | 362 | 964.6% |
| Vietnam | 209 | 170 | 94.3 | 97.5 | -22.4% |
| Pakistan | N/A | N/A | 76.7 | 84.9 | 10.7% |
| United States | 95.9 | 87.3 | N/A | N/A | -9.0% |
| Bangladesh | 153 | N/A | 34.7 | N/A | -52.4% |
| Italy | 44.7 | N/A | N/A | N/A | 0% |
| Others | 29.5 | N/A | 8.3 | N/A | -47.0% |
| Total | 767 | 426 | 1,596 | 963 | 7.9% |
Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Indonesia in 2022:
- South Korea (620.1 tons)
- Vietnam (170.8 tons)
- Turkey (164.3 tons)
- Pakistan (100.0 tons)
Exports of Cotton; Yarn Waste (Including Thread Waste) in Indonesia
In 2022, overseas shipments of cotton; yarn waste (including thread waste) increased by 31% to 317 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a dramatic downturn.
In value terms, exports of cotton; yarn waste (including thread waste) rose markedly to $440K in 2022. Over the period under review, exports, however, faced a significant curtailment.
| Export of Cotton; Yarn Waste (Including Thread Waste) in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 404 | 235 | 301 | 276 | -11.9% |
| Bangladesh | N/A | N/A | N/A | 62.4 | 0% |
| Malaysia | 165 | 98.6 | N/A | 51.1 | -32.3% |
| China | 513 | N/A | 1.0 | 0.2 | -92.7% |
| Vietnam | 93.3 | N/A | N/A | N/A | 0% |
| India | 103 | 161 | N/A | N/A | 56.3% |
| Taiwan (Chinese) | 105 | 213 | N/A | N/A | 102.9% |
| Others | 37.0 | 75.3 | 94.4 | 50.7 | 11.1% |
| Total | 1,420 | 783 | 397 | 440 | -32.3% |
Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Indonesia in 2022:
- Japan (188.2 tons)
- Malaysia (105.7 tons)
- Bangladesh (20.0 tons)
- China (0.1 tons)
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