Price for Cotton; Garnetted Stock Waste in Belgium - 2023

Contents:

1. Price for Cotton; Garnetted Stock Waste in Belgium (FOB) - 2023
2. Price for Cotton; Garnetted Stock Waste in Belgium (CIF) - 2022
3. Exports of Cotton; Garnetted Stock Waste in Belgium
4. Imports of Cotton; Garnetted Stock Waste in Belgium

Price for Cotton; Garnetted Stock Waste in Belgium (FOB) - 2023

In August 2023, the average cotton; garnetted stock waste export price amounted to $368 per ton, almost unchanged from the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 22% against the previous month. As a result, the export price attained the peak level of $411 per ton. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In August 2023, the country with the highest price was France ($403 per ton), while the average price for exports to the UK totaled $360 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cotton; Garnetted Stock Waste in Belgium (CIF) - 2022

In 2022, the average cotton; garnetted stock waste import price amounted to $880 per ton, falling by -17.1% against the previous year. Overall, the import price, however, posted a measured expansion. The growth pace was the most rapid in 2013 when the average import price increased by 146% against the previous year. Over the period under review, average import prices attained the peak figure at $1,828 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to +27.3% per year.

Exports of Cotton; Garnetted Stock Waste in Belgium

Cotton; garnetted stock waste exports from Belgium expanded notably to 3.1K tons in 2022, picking up by 9.5% on the previous year's figure. In general, exports, however, saw a perceptible setback.

In value terms, cotton; garnetted stock waste exports declined to $1.1M in 2022. Overall, exports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, the exports attained the peak of $1.3M, and then shrank in the following year.

Top Export Markets for Cotton; Garnetted Stock Waste from Belgium in 2022:

1. France (1447.1 tons)
2. United Kingdom (1430.5 tons)
3. Bulgaria (168.8 tons)

Imports of Cotton; Garnetted Stock Waste in Belgium

In 2022, cotton; garnetted stock waste imports into Belgium declined remarkably to 20 tons, which is down by -70.7% compared with 2021 figures. In general, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 137% against the previous year.

In value terms, cotton; garnetted stock waste imports shrank sharply to $18K in 2022. Overall, imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 63%. As a result, imports attained the peak of $74K, and then contracted remarkably in the following year.

Top Suppliers of Cotton; Garnetted Stock Waste to Belgium in 2022:

1. Germany (20.5 tons)

Source: IndexBox Market Intelligence Platform