Price for Cotton; Sewing Thread, Put Up for Retail Sale in Argentina - 2023

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Argentina (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Argentina (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Argentina
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Argentina

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Argentina (CIF) - 2022

The average import price for cotton; sewing thread, put up for retail sale stood at $35,003 per ton in 2022, surging by 52% against the previous year. Overall, the import price, however, showed a abrupt shrinkage. Over the period under review, average import prices hit record highs at $63,033 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($42,142 per ton), while the price for China ($3,911 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.0%), while the prices for the other major suppliers experienced a decline.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Argentina (FOB) - 2022

In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $18,842 per ton, remaining stable against the previous year. In general, the export price posted a slight expansion. The pace of growth was the most pronounced in 2018 an increase of 153%. The export price peaked at $24,226 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($32,000 per ton), while the average price for exports to the UK totaled $18,576 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Argentina

In 2022, purchases abroad of cotton; sewing thread, put up for retail sale decreased by -21.7% to 9 tons, falling for the second year in a row after two years of growth. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 131% against the previous year. As a result, imports reached the peak of 17 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cotton; sewing thread, put up for retail sale soared to $315K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2902292332900.0%
Germany7.28.010.310.413.0%
Italy6.56.87.57.96.7%
China6.935.013.44.2-15.3%
India0.20.30.31.7104.1%
Others0.20.30.61.6100.0%
Total3112792653150.4%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Argentina in 2022:

  1. Brazil (6.9 tons)
  2. China (1.1 tons)
  3. Italy (0.4 tons)
  4. Germany (0.4 tons)
  5. India (0.2 tons)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Argentina

For the third year in a row, Argentina recorded decline in shipments abroad of cotton; sewing thread, put up for retail sale, which decreased by 0% to 101 kg in 2022. Over the period under review, exports saw a remarkable increase. The smallest decline of -25% was in 2020. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of cotton; sewing thread, put up for retail sale totaled $1.9K in 2022. Overall, exports enjoyed a significant increase. The smallest decline of -29.1% was in 2020. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Argentina (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A1,8390%
Chile80.066.0N/A64.0-7.2%
Germany738N/AN/AN/A0%
Cabo VerdeN/A514N/AN/A0%
OthersN/AN/AN/AN/A0%
Total818580N/A1,90332.5%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Argentina in 2022:

  1. United Kingdom (99.0 kg)
  2. Chile (2.0 kg)

Source: IndexBox Market Intelligence Platform

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