Price for Cotton; Sewing Thread, Put Up for Retail Sale in the United States - 2024

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in the United States (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in the United States (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in the United States
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in the United States

Price for Cotton; Sewing Thread, Put Up for Retail Sale in the United States (CIF) - 2022

The average import price for cotton; sewing thread, put up for retail sale stood at $14,565 per ton in 2022, flattening at the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 24% against the previous year. The import price peaked at $18,603 per ton in 2020; however, from 2021 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 Romania ($56,706 per ton), while the price for China ($7,426 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+21.7%), while the prices for the other major suppliers experienced a decline.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in the United States (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $12,671 per ton in 2022, surging by 12% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% 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; sewing thread, put up for retail sale increased by +23.2% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 52% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($36,262 per ton), while the average price for exports to Peru ($4,286 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 Canada (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in the United States

After three years of growth, supplies from abroad of cotton; sewing thread, put up for retail sale decreased by -31% to 276 tons in 2022. In general, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +6.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, imports attained the peak of 400 tons, and then dropped significantly in the following year.

In value terms, imports of cotton; sewing thread, put up for retail sale fell notably to $4M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 25%.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,2101,4782,2271,2962.3%
Japan6316257906963.3%
Greece5677267805961.7%
Romania4178058444432.0%
Netherlands12023520328132.8%
Czech Republic373757391267-10.5%
China273131254211-8.2%
Others391221274228-16.5%
Total3,9834,9795,7634,0180.3%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to the United States in 2022:

  1. India (95.7 tons)
  2. Japan (62.7 tons)
  3. Greece (35.9 tons)
  4. China (28.4 tons)
  5. Czech Republic (26.7 tons)
  6. Netherlands (10.1 tons)
  7. Romania (7.8 tons)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in the United States

For the third year in a row, the United States recorded decline in overseas shipments of cotton; sewing thread, put up for retail sale, which decreased by -11.2% to 50 tons in 2022. Overall, exports saw a abrupt downturn.

In value terms, exports of cotton; sewing thread, put up for retail sale contracted to $631K in 2022. In general, exports saw a abrupt shrinkage.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada531481444360-12.2%
Mexico60.814913710921.5%
South AfricaN/AN/AN/A85.00%
Trinidad and TobagoN/AN/A3.034.31043.3%
PeruN/AN/AN/A8.90%
HondurasN/AN/AN/A6.90%
Others21252.347.726.4-50.1%
Total803681632631-7.7%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from the United States in 2022:

  1. Canada (22.8 tons)
  2. Mexico (11.3 tons)
  3. South Africa (10.7 tons)
  4. Peru (2.1 tons)
  5. Honduras (1.5 tons)
  6. Trinidad and Tobago (0.9 tons)

Source: IndexBox Market Intelligence Platform

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