Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kuwait - 2022
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kuwait (CIF) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kuwait
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kuwait (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,171 per ton in 2022, which is down by -48.4% against the previous year. In general, the import price, however, showed a noticeable increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 278%. As a result, import price reached the peak level of $3,114 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($5,420 per ton), while the price for India ($679 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+44.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kuwait
In 2022, imports of cotton waste (including yarn waste and garnetted stock) into Kuwait soared to 84 tons, picking up by 112% on the previous year. In general, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 113%. As a result, imports attained the peak of 133 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) rose remarkably to $98K in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 705% against the previous year. As a result, imports attained the peak of $415K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 43.8 | 42.4 | 14.4 | 68.2 | 15.9% |
| India | 0.1 | 0.1 | 0.1 | 17.0 | 454.0% |
| United Arab Emirates | 7.7 | N/A | 2.1 | 12.8 | 18.5% |
| Saudi Arabia | N/A | 372 | 73.1 | N/A | -80.3% |
| Others | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Total | 51.5 | 415 | 89.8 | 98.3 | 24.0% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Kuwait in 2022:
- Pakistan (56.5 tons)
- India (25.1 tons)
- United Arab Emirates (2.4 tons)
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