Price for Cotton; Yarn Waste (Including Thread Waste) in Australia - 2023
Contents:
- Price for Cotton; Yarn Waste (Including Thread Waste) in Australia (FOB) - 2022
- Price for Cotton; Yarn Waste (Including Thread Waste) in Australia (CIF) - 2022
- Exports of Cotton; Yarn Waste (Including Thread Waste) in Australia
- Imports of Cotton; Yarn Waste (Including Thread Waste) in Australia
Price for Cotton; Yarn Waste (Including Thread Waste) in Australia (FOB) - 2022
The average export price for cotton; yarn waste (including thread waste) stood at $14,738 per ton in 2022, increasing by 2,236% against the previous year. Overall, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Fiji.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +38.4% per year.
Price for Cotton; Yarn Waste (Including Thread Waste) in Australia (CIF) - 2022
The average import price for cotton; yarn waste (including thread waste) stood at $784 per ton in 2022, with an increase of 15% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cotton; yarn waste (including thread waste) increased by +66.0% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Pakistan.
From 2012 to 2022, the rate of growth in terms of prices for Sri Lanka amounted to +3.4% per year.
Exports of Cotton; Yarn Waste (Including Thread Waste) in Australia
In 2022, overseas shipments of cotton; yarn waste (including thread waste) decreased by -99.3% to 160 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 48%. As a result, the exports reached the peak of 217 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cotton; yarn waste (including thread waste) declined dramatically to $2.4K in 2022. Overall, exports saw a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 73% against the previous year. As a result, the exports attained the peak of $120K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cotton; Yarn Waste (Including Thread Waste) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 0.1 | 0.2 | N/A | 2.4 | 188.4% |
| Vietnam | 56.1 | 100 | 13.0 | N/A | -51.9% |
| Malaysia | 8.9 | 12.8 | 1.3 | N/A | -61.8% |
| Others | 4.3 | 6.8 | 0.8 | N/A | -56.9% |
| Total | 69.5 | 120 | 15.2 | 2.4 | -67.4% |
Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Australia in 2022:
- Fiji (160.0 kg)
Imports of Cotton; Yarn Waste (Including Thread Waste) in Australia
In 2022, the amount of cotton; yarn waste (including thread waste) imported into Australia dropped dramatically to 2 tons, which is down by -51.4% compared with the previous year's figure. Over the period under review, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 36%.
In value terms, imports of cotton; yarn waste (including thread waste) shrank dramatically to $1.6K in 2022. In general, imports saw a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 53%.
| Import of Cotton; Yarn Waste (Including Thread Waste) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 0.6 | 0.1 | 0.1 | 1.6 | 38.7% |
| Sri Lanka | 11.8 | 1.4 | 2.0 | N/A | -58.8% |
| United Kingdom | 0.6 | 0.1 | 0.1 | N/A | -59.2% |
| United States | 3.6 | 0.3 | 0.4 | N/A | -66.7% |
| Others | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Total | 16.9 | 1.8 | 2.8 | 1.6 | -54.4% |
Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Australia in 2022:
- Pakistan (2.0 tons)
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