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

Contents:

1. Price for Cotton; Yarn Waste (Including Thread Waste) in Italy (CIF) - 2022
2. Price for Cotton; Yarn Waste (Including Thread Waste) in Italy (FOB) - 2022
3. Imports of Cotton; Yarn Waste (Including Thread Waste) in Italy
4. Exports of Cotton; Yarn Waste (Including Thread Waste) in Italy

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

In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $2,113 per ton, increasing by 86% against the previous year. In general, the import price recorded a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6,917 per ton), while the price for Bosnia and Herzegovina ($356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton; Yarn Waste (Including Thread Waste) in Italy (FOB) - 2022

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $702 per ton, with a decrease of -4.8% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 714%. As a result, the export price reached the peak level of $3,142 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,109 per ton), while the average price for exports to Hong Kong SAR ($374 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 Tunisia (+6.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of cotton; yarn waste (including thread waste) into Italy skyrocketed to 1.1K tons, increasing by 91% against the previous year's figure. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton; yarn waste (including thread waste) skyrocketed to $2.2M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Bangladesh (293.8 tons)
2. France (220.3 tons)
3. Pakistan (184.9 tons)
4. United States (133.5 tons)
5. Spain (97.8 tons)
6. Germany (58.1 tons)
7. Bosnia and Herzegovina (26.7 tons)

Exports of Cotton; Yarn Waste (Including Thread Waste) in Italy

In 2022, the amount of cotton; yarn waste (including thread waste) exported from Italy skyrocketed to 213 tons, growing by 180% against the year before. In general, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cotton; yarn waste (including thread waste) soared to $149K in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 173% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Italy in 2022:

1. France (117.3 tons)
2. Hong Kong SAR (50.9 tons)
3. Germany (43.6 tons)

Source: IndexBox Market Intelligence Platform