Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Estonia - 2023

Contents:

  1. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Estonia (CIF) - 2022
  2. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Estonia (FOB) - 2022
  3. Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Estonia
  4. Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Estonia

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Estonia (CIF) - 2022

The average import price for cotton waste (including yarn waste and garnetted stock) stood at $2,662 per ton in 2022, with an increase of 12% against the previous year. In general, the import price, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2019 when the average import price increased by 43%. The import price peaked at $10,667 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($2,873 per ton), while the price for Germany amounted to $2,082 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%).

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Estonia (FOB) - 2022

The average export price for cotton waste (including yarn waste and garnetted stock) stood at $3,659 per ton in 2022, with an increase of 7.3% against the previous year. Over the period under review, export price indicated a significant expansion from 2020 to 2022: its price increased at an average annual rate of +27.5% over the last two-year period. 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 +62.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 52%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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 the Netherlands ($4,804 per ton), while the average price for exports to Sweden ($2,377 per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+119.2%).

Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Estonia

In 2022, overseas purchases of cotton waste (including yarn waste and garnetted stock) were finally on the rise to reach 301 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded strong growth. As a result, imports attained 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 $801K in 2022. In general, imports saw a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands27.12.122.9636186.3%
Germany48916431.6164-30.5%
OthersN/A3.10.70.5-59.8%
Total51616955.280115.8%

Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Estonia in 2022:

  1. Netherlands (221.6 tons)
  2. Germany (78.7 tons)

Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Estonia

In 2022, shipments abroad of cotton waste (including yarn waste and garnetted stock) decreased by -18.8% to 1.2 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 38,200% against the previous year. As a result, the exports reached the peak of 1.5 tons, and then dropped rapidly in the following year.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) reduced to $4.6K in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 57,944%. As a result, the exports attained the peak of $5.2K, and then fell in the following year.

Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Estonia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
NetherlandsN/A0.13.23100.0%
SwedenN/A5.11.2-76.5%
PortugalN/AN/A0.20%
OthersN/AN/AN/A0%
TotalN/A5.24.6-11.5%

Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Estonia in 2022:

  1. Netherlands (657.0 kg)
  2. Sweden (514.0 kg)
  3. Portugal (73.0 kg)

Source: IndexBox Market Intelligence Platform

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