Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Singapore - 2023
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Singapore (CIF) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Singapore (FOB) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Singapore
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Singapore
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Singapore (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,505 per ton in 2022, picking up by 38% against the previous year. In general, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 156% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($2,583 per ton), while the price for Malaysia ($206 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Singapore (FOB) - 2022
In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $2,279 per ton, picking up by 12% against the previous year. Overall, the export price saw resilient growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 333% against the previous year. As a result, the export price reached the peak level of $3,154 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($4,836 per ton), while the average price for exports to Thailand ($1,270 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 Congo (+267.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Singapore
In 2022, approx. 160 tons of cotton waste (including yarn waste and garnetted stock) were imported into Singapore; falling by -54.6% compared with the previous year. Overall, imports faced a sharp setback. The smallest decline of -32.5% was in 2021.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) contracted sharply to $241K in 2022. In general, imports faced a dramatic descent. The smallest decline of -4.2% was in 2021.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 157 | 144 | 151 | 127 | -6.8% |
| China | 403 | 126 | 75.5 | 46.0 | -51.5% |
| Japan | 6.0 | 26.6 | 44.2 | 37.9 | 84.9% |
| Pakistan | 80.2 | 86.4 | 98.9 | 27.4 | -30.1% |
| Malaysia | 47.3 | 11.2 | N/A | 0.1 | -87.2% |
| Others | 2.2 | 7.5 | 15.7 | 3.4 | 15.6% |
| Total | 695 | 402 | 385 | 241 | -29.7% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Singapore in 2022:
- Japan (50.0 tons)
- Indonesia (49.0 tons)
- China (33.4 tons)
- Pakistan (26.1 tons)
- Malaysia (0.4 tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Singapore
In 2022, the amount of cotton waste (including yarn waste and garnetted stock) exported from Singapore plummeted to 2.3 tons, with a decrease of -78.9% compared with the previous year's figure. Over the period under review, exports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 297% against the previous year.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) declined notably to $5.2K in 2022. In general, exports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 394% against the previous year.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | 13.0 | 3.8 | -70.8% |
| Thailand | N/A | N/A | N/A | 0.6 | 0% |
| Congo | N/A | 0.2 | N/A | 0.4 | 41.4% |
| Malaysia | 0.2 | 1.0 | 9.0 | 0.3 | 14.5% |
| Indonesia | 50.7 | N/A | N/A | N/A | 0% |
| Brazil | 0.7 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 3.3 | 0.1 | N/A | -42.3% |
| Total | 51.9 | 4.5 | 22.1 | 5.2 | -53.6% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Singapore in 2022:
- Australia (1440.0 kg)
- Thailand (500.0 kg)
- Congo (280.0 kg)
- Malaysia (67.0 kg)
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