Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Angola - 2022

Contents:

1. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Angola (CIF) - 2022
2. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Angola (FOB) - 2022
3. Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Angola
4. Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Angola

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Angola (CIF) - 2022

In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $1,220 per ton, which is down by -8.2% against the previous year. In general, the import price continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2019 an increase of 36%. As a result, import price reached the peak level of $1,741 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,500 per ton), while the price for Portugal ($207 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-4.1%), while the prices for the other major suppliers experienced a decline.

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Angola (FOB) - 2022

The average export price for cotton waste (including yarn waste and garnetted stock) stood at $464 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price showed a abrupt descent. The growth pace was the most rapid in 2019 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices hit record highs at $618 per ton in 2017; however, from 2018 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 Spain ($2,100 per ton), while the average price for exports to Italy stood at $92 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (-63.4%).

Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Angola

Imports of cotton waste (including yarn waste and garnetted stock) into Angola fell sharply to 30 tons in 2022, waning by -33.2% compared with 2021 figures. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 32%.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) reduced remarkably to $37K in 2022. In general, imports recorded a dramatic decline. The growth pace was the most rapid in 2021 when imports increased by 19%.

Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Angola in 2022:

1. India (21.7 tons)
2. Portugal (3.7 tons)
3. Zimbabwe (2.5 tons)
4. China (1.1 tons)
5. United States (0.9 tons)

Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Angola

For the third year in a row, Angola recorded decline in shipments abroad of cotton waste (including yarn waste and garnetted stock), which decreased by 0% to 18 tons in 2022. Overall, exports saw a deep setback. The smallest decline of -19.5% was in 2020.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) totaled $8.5K in 2022. Over the period under review, exports continue to indicate a pronounced descent. The smallest decline of -3.7% was in 2020.

Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Angola in 2022:

1. Italy (14.9 tons)
2. Spain (3.4 tons)

Source: IndexBox Market Intelligence Platform