Price for Cotton; Yarn Waste (Including Thread Waste) in the United Arab Emirates - 2022
Contents:
- Price for Cotton; Yarn Waste (Including Thread Waste) in the United Arab Emirates (CIF) - 2022
- Price for Cotton; Yarn Waste (Including Thread Waste) in the United Arab Emirates (FOB) - 2022
- Imports of Cotton; Yarn Waste (Including Thread Waste) in the United Arab Emirates
- Exports of Cotton; Yarn Waste (Including Thread Waste) in the United Arab Emirates
Price for Cotton; Yarn Waste (Including Thread Waste) in the United Arab Emirates (CIF) - 2022
The average import price for cotton; yarn waste (including thread waste) stood at $658 per ton in 2022, shrinking by -6% against the previous year. In general, the import price saw a slight setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 39% against the previous year. As a result, import price attained the peak level of $1,128 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
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 Pakistan amounted to -0.3% per year.
Price for Cotton; Yarn Waste (Including Thread Waste) in the United Arab Emirates (FOB) - 2022
The average export price for cotton; yarn waste (including thread waste) stood at $1,316 per ton in 2022, rising by 22% against the previous year. Over the period under review, the export price showed resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 69%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($5,786 per ton), while the average price for exports to Eritrea ($346 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 Qatar (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton; Yarn Waste (Including Thread Waste) in the United Arab Emirates
In 2022, approx. 253 tons of cotton; yarn waste (including thread waste) were imported into the United Arab Emirates; jumping by 70% on 2021 figures. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cotton; yarn waste (including thread waste) skyrocketed to $167K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +66.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cotton; Yarn Waste (Including Thread Waste) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 114 | 100 | 104 | 159 | 11.7% |
| Others | 5.4 | 0.1 | N/A | 7.9 | 13.5% |
| Total | 120 | 100 | 104 | 167 | 11.6% |
Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to the United Arab Emirates in 2022:
- Pakistan (247.5 tons)
Exports of Cotton; Yarn Waste (Including Thread Waste) in the United Arab Emirates
In 2022, overseas shipments of cotton; yarn waste (including thread waste) were finally on the rise to reach 101 tons after two years of decline. Overall, exports, however, saw a dramatic shrinkage.
In value terms, exports of cotton; yarn waste (including thread waste) soared to $132K in 2022. Over the period under review, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cotton; Yarn Waste (Including Thread Waste) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 66.0 | 46.7 | 52.0 | 42.7 | -13.5% |
| Qatar | N/A | N/A | N/A | 35.8 | 0% |
| China | N/A | N/A | N/A | 29.1 | 0% |
| Bahrain | N/A | N/A | N/A | 15.2 | 0% |
| Djibouti | N/A | N/A | N/A | 3.2 | 0% |
| Eritrea | N/A | N/A | N/A | 2.3 | 0% |
| Pakistan | 40.2 | 19.1 | 2.9 | N/A | -73.1% |
| Others | 2.9 | 0.1 | 1.1 | 4.1 | 12.2% |
| Total | 109 | 65.9 | 55.9 | 132 | 6.6% |
Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from the United Arab Emirates in 2022:
- Oman (52.0 tons)
- Qatar (18.5 tons)
- China (17.1 tons)
- Eritrea (6.7 tons)
- Bahrain (2.6 tons)
- Djibouti (1.8 tons)
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