Price for Cotton; Yarn Waste (Including Thread Waste) in Spain - 2023
Contents:
- Price for Cotton; Yarn Waste (Including Thread Waste) in Spain (FOB) - 2023
- Price for Cotton; Yarn Waste (Including Thread Waste) in Spain (CIF) - 2022
- Exports of Cotton; Yarn Waste (Including Thread Waste) in Spain
- Imports of Cotton; Yarn Waste (Including Thread Waste) in Spain
Price for Cotton; Yarn Waste (Including Thread Waste) in Spain (FOB) - 2023
In November 2023, the average export price for cotton; yarn waste (including thread waste) amounted to $821 per ton, waning by -46.1% against the previous month. Overall, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in September 2023 an increase of 54% m-o-m. The export price peaked at $1,522 per ton in October 2023, and then declined dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Portugal ($1,362 per ton), while the average price for exports to Turkey ($289 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cotton; Yarn Waste (Including Thread Waste) in Spain (CIF) - 2022
In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $1,097 per ton, approximately reflecting the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 35%. As a result, import price reached the peak level of $1,257 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,857 per ton), while the price for Honduras ($700 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cotton; Yarn Waste (Including Thread Waste) in Spain
In 2022, the amount of cotton; yarn waste (including thread waste) exported from Spain fell to 2K tons, with a decrease of -12.6% on the previous year. In general, exports showed a noticeable descent. The growth pace was the most rapid in 2021 when exports increased by 30% against the previous year.
In value terms, exports of cotton; yarn waste (including thread waste) dropped to $2.4M in 2022. Overall, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
| Export of Cotton; Yarn Waste (Including Thread Waste) in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2,110 | 1,905 | 2,176 | 858 | -25.9% |
| Italy | N/A | N/A | 323 | 772 | 139.0% |
| Portugal | 457 | 365 | 59.9 | 658 | 12.9% |
| Turkey | N/A | N/A | 48.1 | 64.4 | 33.9% |
| Vietnam | 315 | N/A | N/A | N/A | 0% |
| Others | 422 | 65.0 | 4.5 | 22.1 | -62.6% |
| Total | 3,305 | 2,336 | 2,612 | 2,375 | -10.4% |
Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Spain in 2022:
- Italy (781.0 tons)
- France (736.8 tons)
- Portugal (286.4 tons)
- Turkey (194.8 tons)
Imports of Cotton; Yarn Waste (Including Thread Waste) in Spain
In 2022, purchases abroad of cotton; yarn waste (including thread waste) decreased by -31.4% to 288 tons, falling for the second consecutive year after two years of growth. In general, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 285% against the previous year. As a result, imports attained the peak of 794 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cotton; yarn waste (including thread waste) declined dramatically to $316K in 2022. Over the period under review, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by 161% against the previous year. As a result, imports attained the peak of $678K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cotton; Yarn Waste (Including Thread Waste) in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.9 | 69.6 | 89.1 | 68.7 | 66.4% |
| Mauritius | N/A | N/A | N/A | 64.4 | 0% |
| South Africa | N/A | N/A | 22.2 | 41.7 | 87.8% |
| United States | N/A | 375 | 38.3 | 41.4 | -66.8% |
| Belgium | N/A | 6.0 | N/A | 38.4 | 153.0% |
| El Salvador | N/A | 27.0 | 65.9 | 29.3 | 4.2% |
| Honduras | N/A | N/A | N/A | 14.8 | 0% |
| Turkey | 66.5 | 40.2 | 90.2 | 1.7 | -70.5% |
| Bangladesh | N/A | N/A | 33.5 | 0.5 | -98.5% |
| Italy | 108 | 66.3 | 103 | N/A | -2.3% |
| Guatemala | 55.4 | 24.8 | N/A | N/A | -55.2% |
| Others | 15.0 | 68.7 | 18.2 | 14.9 | -0.2% |
| Total | 259 | 678 | 460 | 316 | 6.9% |
Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Spain in 2022:
- Mauritius (80.1 tons)
- Germany (48.6 tons)
- South Africa (41.6 tons)
- United States (37.7 tons)
- Honduras (21.1 tons)
- El Salvador (20.6 tons)
- Belgium (16.8 tons)
- Turkey (1.8 tons)
- Bangladesh (0.7 tons)
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