Sweden: Overview of the Market for Cotton Lint 2021

Market Size for Cotton Lint in Sweden

The Swedish market for cotton lint reduced notably to $X in 2019, which is down by -X% against the previous year. Overall, consumption showed a drastic downturn. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

Production of Cotton Lint in Sweden

In value terms, cotton lint and cotton seed production plummeted to $X in 2019 estimated in export prices. Overall, production, however, saw measured growth. Over the period under review, and cotton seed production reached the peak level at $X in 2016; however, from 2017 to 2019, production remained at a lower figure.

In 2019, the average cotton lint and cotton seed yield in Sweden amounted to X kg per ha, approximately equating the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cotton lint and cotton seed harvested area in Sweden totaled X ha in 2019, remaining constant against 2018. In general, the harvested area recorded a relatively flat trend pattern.

Exports of Cotton Lint

Exports from Sweden

Cotton lint and cotton seed exports from Sweden shrank significantly to X tonnes in 2019, waning by -X% compared with the year before. Overall, exports, however, enjoyed a tangible increase. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. From 2018 to 2019, the growth and cotton seed exports remained at a somewhat lower figure.

In value terms, cotton lint and cotton seed exports contracted dramatically to $X in 2019. In general, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. Exports peaked at $X in 2017; however, from 2018 to 2019, exports remained at a lower figure.

Exports by Country

Norway (X tonnes) was the main destination for cotton lint and cotton seed exports from Sweden, with a X% share of total exports. Moreover, cotton lint and cotton seed exports to Norway exceeded the volume sent to the second major destination, Finland (X tonnes), more than tenfold. The third position in this ranking was occupied by Hong Kong SAR (X kg), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Norway totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+X% per year) and Hong Kong SAR (-X% per year).

In value terms, the largest markets for cotton lint and cotton seed exported from Sweden were Norway ($X), Finland ($X) and Hong Kong SAR ($X), with a combined X% share of total exports.

Finland (+X% per year) saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for cotton lint stood at $X per tonne in 2019, growing by X% against the previous year. In general, export price indicated tangible growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cotton lint and cotton seed export price increased by +X% against 2017 indices. The growth pace was the most rapid in 2012 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Finland ($X per tonne), while the average price for exports to Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Finland, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cotton Lint

Imports into Sweden

In 2019, the amount of cotton lint imported into Sweden reduced notably to X tonnes, waning by -X% against the year before. In general, imports saw a pronounced decline. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2009 to 2019, the growth and cotton seed imports failed to regain the momentum.

In value terms, cotton lint and cotton seed imports reduced rapidly to $X in 2019. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2009 to 2019, the growth and cotton seed imports remained at a lower figure.

Imports by Country

Spain (X tonnes), the U.S. (X tonnes) and Germany (X tonnes) were the main suppliers of cotton lint and cotton seed imports to Sweden, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Spain (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cotton lint and cotton seed suppliers to Sweden were China ($X), Spain ($X) and Turkey ($X), with a combined X% share of total imports.

Spain (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average import price for cotton lint amounted to $X per tonne, picking up by X% against the previous year. Overall, the import price, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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The countries with the highest volumes of cotton lint and cotton seed consumption in 2019 were China (1.5M tonnes), Viet Nam (1.3M tonnes) and Bangladesh (1.1M tonnes), with a combined 35% share of global consumption. Uzbekistan, Australia, Turkey, Indonesia, Pakistan, Burkina Faso, Turkmenistan, the U.S., Thailand and Malaysia lagged somewhat behind, together comprising a further 43%.

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

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The U.S. (3.8M tonnes) constituted the country with the largest volume of cotton lint and cotton seed production, accounting for 32% of total volume. Moreover, cotton lint and cotton seed production in the U.S. exceeded the figures recorded by the second-largest producer, Brazil (1.7M tonnes), twofold. Australia (1.4M tonnes) ranked third in terms of total production with a 12% share.

What are the leading suppliers of cotton lint to Sweden?

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In value terms, China ($11K), Spain ($9.8K) and Turkey ($9.7K) constituted the largest cotton lint and cotton seed suppliers to Sweden, together comprising 59% of total imports.

What are the leading importers of cotton lint from Sweden?

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In value terms, the largest markets for cotton lint and cotton seed exported from Sweden were Norway ($19K), Finland ($9.9K) and Hong Kong SAR ($528), with a combined 96% share of total exports.

What is the average export price for cotton lint in Sweden?

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The average export price for cotton lint stood at $2,314 per tonne in 2019, with an increase of 8% against the previous year.

What is the average import price for cotton lint in Sweden?

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The average import price for cotton lint stood at $2,616 per tonne in 2019, growing by 20% against the previous year.