Price for Cotton; Sewing Thread, Put Up for Retail Sale in Switzerland - 2024

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Switzerland (CIF) - 2024
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Switzerland (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Switzerland
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Switzerland

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Switzerland (CIF) - 2024

The average import price for cotton; sewing thread, put up for retail sale stood at $35,382 per ton in January 2024, remaining relatively unchanged against the previous month. In general, the import price, however, showed a noticeable curtailment. The pace of growth was the most pronounced in April 2023 when the average import price increased by 60% against the previous month. Over the period under review, average import prices hit record highs at $66,636 per ton in February 2023; however, from March 2023 to January 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($110K per ton), while the price for France ($19,971 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Turkey (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cotton; sewing thread, put up for retail sale stood at $75,791 per ton in 2022, jumping by 358% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The export price peaked at $93,821 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($176,246 per ton), while the average price for exports to the UK ($14,833 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 Turkey (+41.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of cotton; sewing thread, put up for retail sale imported into Switzerland skyrocketed to 11 tons, growing by 65% against 2021 figures. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton; sewing thread, put up for retail sale skyrocketed to $312K in 2022. The total import value increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 38%. As a result, imports attained the peak of $315K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany86.875.578.480.7-2.4%
North Macedonia0.1N/AN/A79.3825.6%
China41.253.042.730.1-9.9%
Netherlands42.161.038.722.5-18.8%
France8.36.06.121.236.7%
Turkey9.20.79.815.819.8%
Italy12.681.613.214.44.6%
United States7.04.525.312.421.0%
Others21.732.834.535.517.8%
Total22931524931210.9%

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

  1. North Macedonia (4.6 tons)
  2. Germany (1.8 tons)
  3. China (1.5 tons)
  4. Italy (0.8 tons)
  5. Netherlands (0.7 tons)
  6. Turkey (0.6 tons)
  7. France (0.2 tons)
  8. United States (0.2 tons)

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

In 2022, the amount of cotton; sewing thread, put up for retail sale exported from Switzerland reduced sharply to 268 kg, waning by -59.7% on 2021. Over the period under review, exports recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 106%.

In value terms, exports of cotton; sewing thread, put up for retail sale skyrocketed to $20K in 2022. Overall, exports faced a sharp downturn.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A10.00%
Austria10.0N/AN/A4.7-22.3%
IndiaN/AN/AN/A2.90%
Thailand3.22.53.02.1-13.1%
Germany20.11.36.20.4-72.9%
United KingdomN/AN/AN/A0.10%
Finland28.28.1N/AN/A-71.3%
ItalyN/AN/A1.3N/A0%
Others0.62.40.50.1-45.0%
Total62.114.411.020.3-31.1%

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

  1. Austria (122.0 kg)
  2. Turkey (57.0 kg)
  3. India (29.0 kg)
  4. Thailand (28.0 kg)
  5. Germany (23.0 kg)
  6. United Kingdom (6.0 kg)

Source: IndexBox Market Intelligence Platform

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