Price for Cotton; Yarn Waste (Including Thread Waste) in Nepal - 2022

Contents:

1. Price for Cotton; Yarn Waste (Including Thread Waste) in Nepal (CIF) - 2022
2. Price for Cotton; Yarn Waste (Including Thread Waste) in Nepal (FOB) - 2022
3. Imports of Cotton; Yarn Waste (Including Thread Waste) in Nepal
4. Exports of Cotton; Yarn Waste (Including Thread Waste) in Nepal

Price for Cotton; Yarn Waste (Including Thread Waste) in Nepal (CIF) - 2022

In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $1,151 per ton, rising by 18% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 +82.1% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 55% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.2% per year.

Price for Cotton; Yarn Waste (Including Thread Waste) in Nepal (FOB) - 2022

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $3,350 per ton, picking up by 300% against the previous year. Overall, the export price showed a significant expansion. As a result, the export price attained 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 Canada.

From 2017 to 2022, the rate of growth in terms of prices for Canada amounted to +108.4% per year.

Imports of Cotton; Yarn Waste (Including Thread Waste) in Nepal

For the third consecutive year, Nepal recorded decline in supplies from abroad of cotton; yarn waste (including thread waste), which decreased by -85.9% to 2.3 tons in 2022. Over the period under review, imports continue to indicate a precipitous setback. The smallest decline of -35.3% was in 2020.

In value terms, imports of cotton; yarn waste (including thread waste) reduced dramatically to $2.7K in 2022. Overall, imports saw a dramatic curtailment. The smallest decline of -34.6% was in 2020.

Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Nepal in 2022:

1. India (2.3 tons)

Exports of Cotton; Yarn Waste (Including Thread Waste) in Nepal

In 2022, shipments abroad of cotton; yarn waste (including thread waste) decreased by -98.6% to 40 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a significant decrease. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, the exports attained the peak of 2.9 tons, and then contracted significantly in the following year.

In value terms, exports of cotton; yarn waste (including thread waste) dropped markedly to $134 in 2022. In general, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 1.1% against the previous year. As a result, the exports reached the peak of $2.4K, and then contracted markedly in the following year.

Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Nepal in 2022:

1. Canada (40.0 kg)

Source: IndexBox Market Intelligence Platform