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

Contents:

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

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

The average import price for cotton; yarn waste (including thread waste) stood at $1,255 per ton in 2022, surging by 76% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached 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 Sweden ($2,062 per ton), while the price for Kazakhstan stood at $1,028 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+19.2%), while the prices for the other major suppliers experienced a decline.

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

For the third year in a row, Lithuania recorded decline in overseas purchases of cotton; yarn waste (including thread waste), which decreased by -65.2% to 20 tons in 2022. Overall, imports saw a sharp reduction. The smallest decline of -12.3% was in 2020.

In value terms, imports of cotton; yarn waste (including thread waste) fell remarkably to $25K in 2022. In general, imports saw a dramatic downturn. The smallest decline of -16.8% was in 2020.

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

1. Kazakhstan (15.7 tons)
2. Sweden (4.4 tons)

Source: IndexBox Market Intelligence Platform