Price for Cotton; Garnetted Stock Waste in Egypt - 2023

Contents:

1. Price for Cotton; Garnetted Stock Waste in Egypt (FOB) - 2022
2. Price for Cotton; Garnetted Stock Waste in Egypt (CIF) - 2022
3. Exports of Cotton; Garnetted Stock Waste in Egypt
4. Imports of Cotton; Garnetted Stock Waste in Egypt

Price for Cotton; Garnetted Stock Waste in Egypt (FOB) - 2022

The average cotton; garnetted stock waste export price stood at $1,820 per ton in 2022, picking up by 13% against the previous year. In general, the export price showed slight growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 77%. The export price peaked at $3,028 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($2,178 per ton), while the average price for exports to Oman totaled $986 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+55.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cotton; Garnetted Stock Waste in Egypt (CIF) - 2022

In 2022, the average cotton; garnetted stock waste import price amounted to $1,085 per ton, waning by -5.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 58%. As a result, import price attained the peak level of $1,150 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($5,404 per ton), while the price for Turkey ($292 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cotton; Garnetted Stock Waste in Egypt

In 2022, the amount of cotton; garnetted stock waste exported from Egypt surged to 383 tons, increasing by 3,087% against the previous year's figure. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cotton; garnetted stock waste exports surged to $697K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cotton; Garnetted Stock Waste from Egypt in 2022:

1. Saudi Arabia (267.8 tons)
2. Oman (114.9 tons)

Imports of Cotton; Garnetted Stock Waste in Egypt

In 2022, overseas purchases of cotton; garnetted stock waste increased by 9.2% to 12 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt decline.

In value terms, cotton; garnetted stock waste imports totaled $13K in 2022. In general, imports, however, showed a perceptible downturn.

Top Suppliers of Cotton; Garnetted Stock Waste to Egypt in 2022:

1. Turkey (8.1 tons)
2. Italy (3.6 tons)
3. Syrian Arab Republic (0.2 tons)
4. India (0.1 tons)

Source: IndexBox Market Intelligence Platform