Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Switzerland - 2024
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Switzerland (CIF) - 2024
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Switzerland (FOB) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Switzerland
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Switzerland
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Switzerland (CIF) - 2024
In January 2024, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $2,042 per ton, stabilizing at the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 5.7% against the previous month. Over the period under review, average import prices attained the maximum at $2,432 per ton in April 2023; however, from May 2023 to January 2024, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was India ($2,728 per ton), while the price for Turkey ($1,930 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+0.9%), while the prices for the other major suppliers experienced a decline.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Switzerland (FOB) - 2022
In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $648 per ton, which is down by -22.5% against the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2021 when the average export price increased by 82%. The export price peaked at $912 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,464 per ton), while the average price for exports to France ($401 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 Austria (+15.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Switzerland
For the fourth year in a row, Switzerland recorded growth in purchases abroad of cotton waste (including yarn waste and garnetted stock), which increased by 31% to 7.8K tons in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) surged to $15M in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.2 | 6.3 | 4.9 | 6.9 | 18.0% |
| Turkey | 0.4 | 0.9 | 2.7 | 5.7 | 142.4% |
| India | 1.8 | 0.7 | 1.0 | 1.7 | -1.9% |
| Pakistan | 0.7 | 0.8 | 0.5 | 0.8 | 4.6% |
| United States | 1.2 | 0.4 | 0.3 | 0.1 | -56.3% |
| Others | 0.3 | 0.1 | 0.4 | 0.2 | -12.6% |
| Total | 8.5 | 9.0 | 9.9 | 15.3 | 21.6% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Switzerland in 2022:
- Germany (4.0K tons)
- Turkey (2.9K tons)
- India (0.6K tons)
- Pakistan (0.2K tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Switzerland
Exports of cotton waste (including yarn waste and garnetted stock) from Switzerland skyrocketed to 428 tons in 2022, rising by 191% against 2021. 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.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $277K in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.6 | 68.4 | 39.1 | 237 | 110.0% |
| France | 23.0 | 16.4 | 10.6 | 35.2 | 15.2% |
| Italy | 0.2 | N/A | 55.0 | 0.6 | 44.2% |
| Poland | 17.8 | 6.1 | 2.1 | N/A | -65.7% |
| Others | N/A | 2.0 | 16.1 | 4.6 | 51.7% |
| Total | 66.7 | 92.9 | 123 | 277 | 60.7% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Switzerland in 2022:
- Germany (336.0 tons)
- France (87.7 tons)
- Italy (0.4 tons)
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