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

Contents:

1. Price for Cotton; Yarn Waste (Including Thread Waste) in Ireland (CIF) - 2022
2. Imports of Cotton; Yarn Waste (Including Thread Waste) in Ireland

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

In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $26,174 per ton, with an increase of 281% against the previous year. In general, the import price enjoyed a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 China ($29,898 per ton), while the price for the UK ($4,053 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+363.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 236 kg of cotton; yarn waste (including thread waste) were imported into Ireland; increasing by 70% compared with the year before. Over the period under review, imports, however, recorded a precipitous decline.

In value terms, imports of cotton; yarn waste (including thread waste) skyrocketed to $6.2K in 2022. In general, imports saw a strong increase.

Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Ireland in 2022:

1. China (167.0 kg)
2. United States (26.0 kg)
3. Germany (20.0 kg)
4. United Kingdom (19.0 kg)

Source: IndexBox Market Intelligence Platform