Eastern Europe: Market for Cotton (Carded Or Combed) 2024

Market Size for Cotton (Carded Or Combed) in Eastern Europe

The East European cotton (carded or combed) market expanded markedly to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Cotton (Carded Or Combed) in Eastern Europe

In value terms, cotton (carded or combed) production shrank to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Cotton (Carded Or Combed)

Exports in Eastern Europe

In 2022, overseas shipments of cotton (carded or combed) increased by X% to X tons, rising for the fifth year in a row after two years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cotton (carded or combed) exports surged to $X in 2022. Over the period under review, exports continue to indicate measured growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Poland was the key exporting country with an export of about X tons, which reached X% of total exports. Russia (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Moldova (X%) and Latvia (X%). Romania (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cotton (carded or combed) exports from Poland stood at X%. At the same time, Latvia (X%), Moldova (X%) and Russia (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Romania (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Latvia (X p.p.), Russia (X p.p.) and Moldova (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Romania (X p.p.) displayed negative dynamics.

In value terms, Poland ($X) remains the largest cotton (carded or combed) supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Moldova ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland totaled X%. In the other countries, the average annual rates were as follows: Moldova (X% per year) and Russia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, falling by X% against the previous year. Export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton (carded or combed) export price increased by X% against 2019 indices. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked at $X per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the other leaders experienced a decline in the export price figures.

Imports of Cotton (Carded Or Combed)

Imports in Eastern Europe

In 2022, the amount of cotton (carded or combed) imported in Eastern Europe plummeted to X tons, waning by X% against 2021 figures. Over the period under review, imports recorded a noticeable setback. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cotton (carded or combed) imports reduced modestly to $X in 2022. In general, imports recorded a mild decline. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Poland dominates imports structure, reaching X tons, which was near X% of total imports in 2022. Romania (X tons) took the second position in the ranking, followed by Russia (X tons). All these countries together took near X% share of total imports. Hungary (X tons) held a minor share of total imports.

Poland experienced a relatively flat trend pattern with regard to volume of imports of cotton (carded or combed). At the same time, Romania (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) and Hungary (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland and Romania increased by X and X percentage points, respectively.

In value terms, Poland ($X) constitutes the largest market for imported cotton (carded or combed) in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Russia (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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