Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Israel - 2023
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Israel (CIF) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Israel (FOB) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Israel
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Israel
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Israel (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,482 per ton in 2022, rising by 3.5% against the previous year. Overall, the import price, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 6.2% against the previous year. The import price peaked at $2,107 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($66,632 per ton), while the price for Argentina ($639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+42.2%), while the prices for the other major suppliers experienced a decline.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Israel (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $1,670 per ton in 2022, growing by 24% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +9.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cotton waste (including yarn waste and garnetted stock) increased by +88.6% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 84% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
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 the United States ($2,071 per ton), while the average price for exports to the Netherlands ($578 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 the United States (+13.5%), 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 Israel
In 2022, after three years of growth, there was decline in purchases abroad of cotton waste (including yarn waste and garnetted stock), when their volume decreased by -1.1% to 583 tons. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 288%. As a result, imports reached the peak of 590 tons, and then declined modestly in the following year.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) expanded modestly to $864K in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 312%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.4 | 124 | 746 | 762 | 267.1% |
| India | 43.1 | 40.9 | 53.5 | 53.3 | 7.3% |
| Argentina | 23.8 | 19.5 | 22.1 | 19.0 | -7.2% |
| Turkey | 65.6 | 11.9 | 13.7 | 11.7 | -43.7% |
| Others | 11.1 | 9.0 | 8.6 | 18.0 | 17.5% |
| Total | 159 | 205 | 844 | 864 | 75.8% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Israel in 2022:
- United States (513.7 tons)
- India (31.1 tons)
- Argentina (29.7 tons)
- Turkey (6.3 tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Israel
After two years of decline, overseas shipments of cotton waste (including yarn waste and garnetted stock) increased by 1,516% to 12 tons in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $20K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | 3.6 | 2.3 | 0.9 | 17.4 | 69.1% |
| Canada | 0.1 | 0.1 | N/A | 1.9 | 166.8% |
| China | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Netherlands | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Others | N/A | N/A | N/A | 0.3 | 0% |
| Total | 3.8 | 2.4 | 1.0 | 20.0 | 73.9% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Israel in 2022:
- Palestine (9.8 tons)
- Canada (1.4 tons)
- Netherlands (0.3 tons)
- China (0.3 tons)
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