Report Update Apr 1, 2024

Puerto Rico - Cotton Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Cotton Yarn Market 2022

Cotton Yarn Market Size in Puerto Rico

The Puerto Rican cotton yarn market rose notably to $X in 2021, growing by 10% against the previous year. Overall, consumption, however, continues to indicate a pronounced setback. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Cotton Yarn Production in Puerto Rico

In value terms, cotton yarn production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2019 with an increase of 17%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Cotton Yarn Exports

Exports by Country

In 2021, India (X tons) and Vietnam (X tons) were the major exporters of cotton yarnaround the world, together mixing up 48% of total exports. Uzbekistan (X tons) ranks next in terms of the total exports with a 9.4% share, followed by Pakistan (7.8%), the United States (6.9%), China (5.7%), Turkey (4.7%) and Indonesia (4.6%). The following exporters - Hong Kong SAR (X tons), Taiwan (Chinese) (X tons) and Turkmenistan (X tons) - each amounted to a 3.7% share of total exports.

From 2012 to 2021, the biggest increases were in Uzbekistan (with a CAGR of +222.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest cotton yarn supplying countries from Puerto Rico were India ($X), Vietnam ($X) and Uzbekistan ($X), together accounting for 54% of total exports.

In terms of the main exporting countries, Uzbekistan, with a CAGR of +222.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was Hong Kong SAR ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.7%), while the other leaders experienced more modest paces of growth.

Cotton Yarn Imports

Imports by Country

In 2021, China (X tons) was the major importer of cotton yarn, generating 44% of total imports. Bangladesh (X tons) ranks second in terms of the total imports with a 6.5% share, followed by Turkey (5.1%), Honduras (4.7%) and Hong Kong SAR (1%). Russia (X tons), South Korea (X tons), Portugal (X tons), the Dominican Republic (X tons), Guatemala (X tons), Vietnam (X tons), Italy (X tons) and Egypt (X tons) held a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to cotton yarn imports into China stood at +4.8%. At the same time, Turkey (+10.6%), Guatemala (+10.1%), the Dominican Republic (+9.6%), Portugal (+6.5%), Russia (+5.7%), Bangladesh (+5.4%), Vietnam (+2.6%) and South Korea (+2.1%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in the world, with a CAGR of +10.6% from 2012-2021. Honduras and Italy experienced a relatively flat trend pattern. By contrast, Egypt (-6.0%) and Hong Kong SAR (-19.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and Turkey increased by +7.5 and +2.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported cotton yarn into Puerto Rico, comprising 38% of global imports. The second position in the ranking was held by Bangladesh ($X), with a 6.3% share of global imports. It was followed by Turkey, with a 5.2% share.

In China, cotton yarn imports expanded at an average annual rate of +3.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+1.9% per year) and Turkey (+9.9% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, flattening at the previous year. In general, the import price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Italy ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+2.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cotton yarn in the world?

The countries with the highest volumes of consumption in 2021 were India, Pakistan and China, with a combined 60% share of global consumption.

What are the largest producers of cotton yarn in the world?

The countries with the highest volumes of production in 2021 were India, Pakistan and Turkey, together comprising 68% of global production. These countries were followed by Vietnam, the United States, Uzbekistan, Brazil, Indonesia, Bangladesh and South Korea, which together accounted for a further 23%.

What are the leading suppliers of cotton yarn to Puerto Rico?

In value terms, China constitutes the largest market for imported cotton yarn into Puerto Rico, comprising 38% of global imports. The second position in the ranking was held by Bangladesh, with a 6.3% share of global imports. It was followed by Turkey, with a 5.2% share.

What are the leading importers of cotton yarn from Puerto Rico?

In value terms, India, Vietnam and Uzbekistan appeared to be the countries with the highest levels of exports in 2021, with a combined 54% share of total exports.

What is the average export price for cotton yarn in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, almost unchanged from the previous year.

What is the average import price for cotton yarn in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, almost unchanged from the previous year.

This report provides an in-depth analysis of the cotton yarn market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13106160 - Cotton yarn, p.r.s. (excluding sewing thread)
Prodcom 131061Z1 - Cotton yarn of uncombed fibres, n.p.r.s.
Prodcom 131061Z2 - Cotton yarn of combed fibres, n.p.r.s.
Prodcom 13106132 - Yarn of uncombed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
Prodcom 13106133 - Yarn of uncombed cotton, n.p.r.s., for knitted fabrics and hosiery
Prodcom 13106135 - Yarn of uncombed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
Prodcom 13106152 - Yarn of combed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
Prodcom 13106153 - Yarn of combed cotton, n.p.r.s., for knitted fabrics and hosiery
Prodcom 13106155 - Yarn of combed cotton, n.p.r.s., for other uses (including carpets and floor coverings)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023