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

Contents:

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

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

The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,777 per ton in 2022, rising by 7.9% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 92% against the previous year. The import price peaked at $4,996 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($2,561 per ton), while the price for the United Arab Emirates ($500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-4.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $1,351 per ton, picking up by 50% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +49.7% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices hit record highs 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 Saudi Arabia ($7,857 per ton), while the average price for exports to Iraq ($1,146 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 Saudi Arabia (+24.6%), 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 Jordan

In 2022, approx. 22 tons of cotton waste (including yarn waste and garnetted stock) were imported into Jordan; declining by -46.5% compared with the year before. Overall, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 1,390%. As a result, imports reached the peak of 40 tons, and then declined markedly in the following year.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) shrank sharply to $38K in 2022. In general, imports showed a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 650% against the previous year.

Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece34.64.831.221.6-14.5%
China1.60.82.97.265.1%
Syrian Arab Republic6.80.84.62.7-26.5%
Egypt11.41.14.02.0-44.0%
Turkey53.70.817.81.9-67.2%
United Arab Emirates2.20.11.11.0-23.1%
Saudi ArabiaN/AN/A1.9N/A0%
Others2.70.52.81.7-14.3%
Total1138.866.238.2-30.3%

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

  1. Greece (8.4 tons)
  2. China (4.3 tons)
  3. Syrian Arab Republic (3.4 tons)
  4. Egypt (2.1 tons)
  5. United Arab Emirates (2.1 tons)
  6. Turkey (1.1 tons)

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

In 2022, the amount of cotton waste (including yarn waste and garnetted stock) exported from Jordan soared to 9.4 tons, with an increase of 20% against 2021 figures. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 548% against the previous year. As a result, the exports reached the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) soared to $13K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 402%. As a result, the exports attained the peak of $14K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq2.08.74.99.668.7%
Egypt0.85.22.13.055.4%
Others0.10.20.10.10.0%
Total2.814.27.112.765.5%

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

  1. Iraq (8.4 tons)
  2. Egypt (1.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cotton waste (including yarn waste and garnetted stock) - Jordan