Price for Cotton; Yarn Waste (Including Thread Waste) in Peru - 2022

Contents:

1. Price for Cotton; Yarn Waste (Including Thread Waste) in Peru (CIF) - 2022
2. Price for Cotton; Yarn Waste (Including Thread Waste) in Peru (FOB) - 2022
3. Imports of Cotton; Yarn Waste (Including Thread Waste) in Peru
4. Exports of Cotton; Yarn Waste (Including Thread Waste) in Peru

Price for Cotton; Yarn Waste (Including Thread Waste) in Peru (CIF) - 2022

The average import price for cotton; yarn waste (including thread waste) stood at $1,263 per ton in 2022, jumping by 25% against the previous year. Overall, the import price continues to indicate moderate growth. The growth pace was the most rapid in 2016 when the average import price increased by 36%. As a result, import price attained the peak level of $1,917 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +70.7% per year.

Price for Cotton; Yarn Waste (Including Thread Waste) in Peru (FOB) - 2022

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $367 per ton, dropping by -77.1% against the previous year. Over the period under review, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 6.1% against the previous year. The export price peaked at $1,605 per ton in 2021, and then shrank rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.7% per year.

Imports of Cotton; Yarn Waste (Including Thread Waste) in Peru

In 2022, imports of cotton; yarn waste (including thread waste) into Peru fell modestly to 24 tons, leveling off at the previous year's figure. Over the period under review, imports showed a abrupt setback. The smallest decline of -1.3% was in 2021.

In value terms, imports of cotton; yarn waste (including thread waste) surged to $31K in 2022. In general, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +2.6% 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 +60.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Peru in 2022:

1. Turkey (24.2 tons)

Exports of Cotton; Yarn Waste (Including Thread Waste) in Peru

In 2022, shipments abroad of cotton; yarn waste (including thread waste) was finally on the rise to reach 39 tons after two years of decline. Over the period under review, exports, however, continue to indicate a precipitous curtailment.

In value terms, exports of cotton; yarn waste (including thread waste) contracted markedly to $14K in 2022. In general, exports, however, continue to indicate a precipitous decline. The smallest decline of -46.7% was in 2021.

Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Peru in 2022:

1. Ecuador (38.7 tons)

Source: IndexBox Market Intelligence Platform