Malta: Cotton Yarn Market 2020

Cotton Yarn Market Size in Malta

The revenue of the cotton yarn market in Malta amounted to $X in 2018, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, cotton yarn consumption continues to indicate an abrupt reduction. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. In that year, the cotton yarn market attained its peak level of $X. From 2017 to 2018, the growth of the cotton yarn market failed to regain its momentum.

Cotton Yarn Exports

Exports from Malta

Cotton yarn exports from Malta amounted to X kg in 2018, going down by -X% against the previous year. Overall, cotton yarn exports continue to indicate an abrupt decline. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, cotton yarn exports attained their peak figure at X kg in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, cotton yarn exports amounted to $X in 2018. Over the period under review, cotton yarn exports continue to indicate a sharp decline. The growth pace was the most rapid in 2017 when exports decreased by -X% year-to-year. Malta exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, India (X tons) and Vietnam (X tons) represented the largest exporters of cotton yarnaround the world, together accounting for near X% of total exports. Pakistan (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by the U.S. (X%), China (X%) and Uzbekistan (X%). Indonesia (X tons), Turkey (X tons), China, Hong Kong SAR (X tons) and Taiwan, Chinese (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest cotton yarn markets from Malta were India ($X), Vietnam ($X) and China ($X), with a combined X% share of total exports.

Vietnam recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The cotton yarn export price in Malta stood at $X per ton in 2018, picking up by X% against the previous year. Overall, the cotton yarn export price, however, continues to indicate a deep descent. The most prominent rate of growth was recorded in 2018 when the export price increased by X% year-to-year. Malta export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per ton), while Taiwan, Chinese ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Cotton Yarn Imports

Imports into Malta

In 2018, the cotton yarn imports into Malta amounted to X tons, falling by -X% against the previous year. Overall, cotton yarn imports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. In that year, cotton yarn imports attained their peak of X tons. From 2017 to 2018, the growth of cotton yarn imports failed to regain its momentum.

In value terms, cotton yarn imports stood at $X in 2018. In general, cotton yarn imports continue to indicate a deep reduction. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Malta imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

China was the key importer of cotton yarn in the world, with the volume of imports amounting to X tons, which was near X% of total imports in 2018. Bangladesh (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Honduras (X%) and Turkey (X%). The following importers - Russia (X tons), China, Hong Kong SAR (X tons), South Korea (X tons), the Dominican Republic (X tons), Portugal (X tons), Vietnam (X tons), Egypt (X tons) and Italy (X tons) - together made up X% of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Vietnam (+X%), Bangladesh (+X%), Russia (+X%), Egypt (+X%), the Dominican Republic (+X%), Turkey (+X%) and Honduras (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Portugal experienced a relatively flat trend pattern. By contrast, South Korea (-X%), Italy (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Bangladesh (+X p.p.) and Russia (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of China, Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported cotton yarn into Malta, comprising X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global imports. It was followed by Turkey, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Turkey (+X% per year).

Import Prices by Country

The cotton yarn import price in Malta stood at $X per ton in 2018, waning by -X% against the previous year. Over the period under review, the cotton yarn import price continues to indicate an abrupt reduction. The pace of growth appeared the most rapid in 2015 when the import price increased by X% y-o-y. Over the period under review, the import prices for cotton yarn attained their peak figure at $X per ton in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Italy ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Egypt, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform