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

Contents:

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

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

The average import price for cotton; yarn waste (including thread waste) stood at $647 per ton in 2022, with a decrease of -96.8% against the previous year. In general, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 45%. The import price peaked at $20,500 per ton in 2021, and then fell rapidly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to +0.4% per year.

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

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $1,026 per ton, surging by 13% against the previous year. In general, the export price, however, saw a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 109%. Over the period under review, the average export prices attained the maximum at $2,934 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($1,037 per ton), while the average price for exports to Greece totaled $933 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (-2.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of cotton; yarn waste (including thread waste) into Serbia soared to 4.2 tons, with an increase of 104,900% compared with 2021 figures. Overall, imports, however, recorded a significant decline.

In value terms, imports of cotton; yarn waste (including thread waste) surged to $2.7K in 2022. In general, imports, however, faced a dramatic decline.

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

1. Czech Republic (4.2 tons)

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

In 2022, shipments abroad of cotton; yarn waste (including thread waste) decreased by -82.8% to 663 kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a sharp decline. The growth pace was the most rapid in 2020 when exports increased by 23% against the previous year. As a result, the exports attained the peak of 40 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cotton; yarn waste (including thread waste) dropped notably to $680 in 2022. In general, exports faced a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, the exports reached the peak of $42K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Bosnia and Herzegovina (588.0 kg)
2. Greece (75.0 kg)

Source: IndexBox Market Intelligence Platform