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

Contents:

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

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

The average export price for cotton; sewing thread, put up for retail sale stood at $10,617 per ton in 2022, with an increase of 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2021 an increase of 13% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($16,013 per ton), while the average price for exports to Brazil ($8,460 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $2,340 per ton, growing by 3.6% against the previous year. In general, the import price, however, showed a abrupt descent. The growth pace was the most rapid in 2015 an increase of 187%. Over the period under review, average import prices attained the maximum at $22,033 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,490 per ton), while the price for China totaled $1,939 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.7%), while the prices for the other major suppliers experienced a decline.

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

After three years of growth, shipments abroad of cotton; sewing thread, put up for retail sale decreased by -38.2% to 959 tons in 2022. Overall, exports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 1.6K tons, and then contracted significantly in the following year.

In value terms, exports of cotton; sewing thread, put up for retail sale declined dramatically to $10M in 2022. In general, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 39%. As a result, the exports attained the peak of $15M, and then contracted remarkably in the following year.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark45.91,0551,6111,974250.4%
Japan1,6221,5812,1291,214-9.2%
United States1,3682,3242,5041,092-7.2%
Netherlands7959951,7038502.3%
Brazil662546607522-7.6%
Estonia3442204634499.3%
South Korea25263.726041217.8%
Poland28242844739612.0%
Spain501399817349-11.4%
United Arab Emirates353341230343-1.0%
Finland2662533533408.5%
Italy557233541309-17.8%
Chile10110234529442.8%
Others1,7812,0202,7041,643-2.7%
Total8,93210,56214,71410,1854.5%

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

  1. Denmark (209.3 tons)
  2. Japan (91.1 tons)
  3. Netherlands (77.0 tons)
  4. United States (68.2 tons)
  5. Brazil (61.7 tons)
  6. Estonia (46.7 tons)
  7. Poland (39.1 tons)
  8. South Korea (36.6 tons)
  9. Italy (35.2 tons)
  10. Spain (33.7 tons)
  11. Chile (32.2 tons)
  12. Finland (30.9 tons)
  13. United Arab Emirates (30.7 tons)

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

In 2022, the amount of cotton; sewing thread, put up for retail sale imported into India totaled 225 tons, surging by 2.3% on the year before. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 175% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of cotton; sewing thread, put up for retail sale rose rapidly to $527K in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 68% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28.7173463421144.8%
Germany76.910.517.051.0-12.8%
Others13711217.554.7-26.4%
Total24329649752729.4%

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

  1. China (217.3 tons)
  2. Germany (4.4 tons)

Source: IndexBox Market Intelligence Platform

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