Price for Cotton; Yarn Waste (Including Thread Waste) in Norway - 2024

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

The average import price for cotton; yarn waste (including thread waste) stood at $3,338 per ton in 2022, surging by 41% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. 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 Canada ($51,415 per ton), while the price for France ($2,305 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+31.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for cotton; yarn waste (including thread waste) stood at $26,678 per ton in 2022, rising by 105% against the previous year. Overall, the export price recorded a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Faroe Islands.

From 2012 to 2022, the rate of growth in terms of prices for Iceland amounted to +11.8% per year.

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

In 2022, imports of cotton; yarn waste (including thread waste) into Norway declined markedly to 10 tons, waning by -35.1% compared with the previous year. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 1.7% against the previous year.

In value terms, imports of cotton; yarn waste (including thread waste) reduced to $34K in 2022. In general, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 7.4% against the previous year.

Import of Cotton; Yarn Waste (Including Thread Waste) in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	28.2	27.4	25.6	12.8	-23.1%
Canada	N/A	N/A	N/A	8.4	0%
Netherlands	N/A	N/A	2.5	5.9	136.0%
Belgium	N/A	0.4	4.2	4.7	242.8%
Denmark	8.4	5.9	3.7	N/A	-33.6%
Others	6.0	0.7	1.1	1.9	-31.8%
Total	42.7	34.4	37.0	33.8	-7.5%

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

France (5.6 tons)
Netherlands (2.3 tons)
Belgium (2.0 tons)
Canada (0.2 tons)

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

Exports of cotton; yarn waste (including thread waste) from Norway soared to 90 kg in 2022, jumping by 8,900% on 2021 figures. In general, exports showed significant growth. 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) surged to $2.4K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.