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

Contents:

1. Price for Cotton; Yarn Waste (Including Thread Waste) in Uzbekistan (FOB) - 2023
2. Price for Cotton; Yarn Waste (Including Thread Waste) in Uzbekistan (CIF) - 2022
3. Exports of Cotton; Yarn Waste (Including Thread Waste) in Uzbekistan
4. Imports of Cotton; Yarn Waste (Including Thread Waste) in Uzbekistan

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

The average export price for cotton; yarn waste (including thread waste) stood at $1,603 per ton in November 2023, surging by 5.9% against the previous month. Over the period under review, the export price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in February 2023 an increase of 20% m-o-m. Over the period under review, the average export prices reached the maximum at $2,018 per ton in November 2022; however, from December 2022 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Kazakhstan ($2,443 per ton), while the average price for exports to Vietnam ($964 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 China (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $380 per ton, leveling off at the previous year. Over the period under review, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 71% against the previous year. As a result, import price attained the peak level of $702 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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

From 2018 to 2022, the rate of growth in terms of prices for Pakistan amounted to +18.6% per year.

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

In 2022, the amount of cotton; yarn waste (including thread waste) exported from Uzbekistan reduced dramatically to 13K tons, declining by -43.6% compared with 2021 figures. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 95% against the previous year. As a result, the exports attained the peak of 24K tons, and then contracted sharply in the following year.

In value terms, exports of cotton; yarn waste (including thread waste) dropped to $22M in 2022. Overall, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 107% against the previous year. As a result, the exports reached the peak of $25M, and then declined in the following year.

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

1. Russia (7.4K tons)
2. Turkey (2.0K tons)
3. Vietnam (1.6K tons)
4. Kazakhstan (1.0K tons)
5. Tajikistan (0.4K tons)
6. Ukraine (0.3K tons)
7. Pakistan (0.3K tons)

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

For the third consecutive year, Uzbekistan recorded decline in supplies from abroad of cotton; yarn waste (including thread waste), which decreased by 0% to 6.9 tons in 2022. Overall, imports recorded a precipitous setback. The smallest decline of -23% was in 2020.

In value terms, imports of cotton; yarn waste (including thread waste) totaled $2.6K in 2022. In general, imports faced a dramatic descent. The smallest decline of -58.4% was in 2020.

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

1. Pakistan (6.9 tons)

Source: IndexBox Market Intelligence Platform