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

Contents:

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

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

In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $1,607 per ton, declining by -13.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 45% against the previous year. The import price peaked at $1,967 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,019 per ton), while the price for France amounted to $1,548 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $66,382 per ton, surging by 966% against the previous year. Over the period under review, 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.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($232,111 per ton), while the average price for exports to Bosnia and Herzegovina ($6,000 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 Italy (+15.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 30 tons of cotton; yarn waste (including thread waste) were imported into Switzerland; shrinking by -23.5% against the previous year. In general, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 39 tons, and then dropped markedly in the following year.

In value terms, imports of cotton; yarn waste (including thread waste) plummeted to $48K in 2022. Overall, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 80%. As a result, imports attained the peak of $73K, and then fell significantly in the following year.

Import of Cotton; Yarn Waste (Including Thread Waste) in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France29.737.347.543.113.2%
Germany1.11.711.44.559.9%
Others1.81.313.90.8-23.7%
Total32.640.372.848.314.0%

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

  1. France (27.8 tons)
  2. Germany (2.2 tons)

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

In 2022, the amount of cotton; yarn waste (including thread waste) exported from Switzerland dropped sharply to 34 kg, waning by -96.9% on 2021. In general, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 111,000% against the previous year. As a result, the exports reached the peak of 1.1 tons, and then shrank remarkably in the following year.

In value terms, exports of cotton; yarn waste (including thread waste) dropped markedly to $2.3K in 2022. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 172,800% against the previous year. As a result, the exports reached the peak of $6.9K, and then contracted notably in the following year.

Export of Cotton; Yarn Waste (Including Thread Waste) in Switzerland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/AN/A2,0890%
ItalyN/AN/A2,00796.0-95.2%
Bosnia and HerzegovinaN/AN/AN/A72.00%
Germany2774.0N/AN/A-98.6%
PortugalN/AN/A734N/A0%
OthersN/AN/A4,175N/A0%
Total2774.06,9162,257101.2%

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

  1. Italy (13.0 kg)
  2. Bosnia and Herzegovina (12.0 kg)
  3. Denmark (9.0 kg)

Source: IndexBox Market Intelligence Platform

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