Price for Cotton; Garnetted Stock Waste in Austria - 2023

Contents:

  1. Price for Cotton; Garnetted Stock Waste in Austria (FOB) - 2022
  2. Price for Cotton; Garnetted Stock Waste in Austria (CIF) - 2022
  3. Exports of Cotton; Garnetted Stock Waste in Austria
  4. Imports of Cotton; Garnetted Stock Waste in Austria

Price for Cotton; Garnetted Stock Waste in Austria (FOB) - 2022

The average cotton; garnetted stock waste export price stood at $1,555 per ton in 2022, shrinking by -41.2% against the previous year. In general, the export price, however, posted strong growth. Over the period under review, the average export prices hit record highs at $121,000 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to -48.4% per year.

Price for Cotton; Garnetted Stock Waste in Austria (CIF) - 2022

In 2022, the average cotton; garnetted stock waste import price amounted to $12,420 per ton, increasing by 602% against the previous year. In general, the import price recorded a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +76.0% per year.

Exports of Cotton; Garnetted Stock Waste in Austria

After two years of growth, overseas shipments of cotton; garnetted stock waste decreased by -93.9% to 1.1 tons in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 5,468% against the previous year. As a result, the exports reached the peak of 18 tons, and then declined sharply in the following year.

In value terms, cotton; garnetted stock waste exports fell rapidly to $1.7K in 2022. Overall, exports showed a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of 2,424%. As a result, the exports reached the peak of $47K, and then reduced markedly in the following year.

Export of Cotton; Garnetted Stock Waste in Austria (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Portugal1.947.11.7-5.4%
OthersN/AN/AN/A0%
Total1.947.11.7-5.4%

Top Export Markets for Cotton; Garnetted Stock Waste from Austria in 2022:

  1. Portugal (1.1 tons)

Imports of Cotton; Garnetted Stock Waste in Austria

In 2022, approx. 312 kg of cotton; garnetted stock waste were imported into Austria; reducing by -90.8% compared with 2021 figures. Overall, imports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 6.2%.

In value terms, cotton; garnetted stock waste imports fell rapidly to $3.9K in 2022. In general, imports faced a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 1.3% against the previous year.

Import of Cotton; Garnetted Stock Waste in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.13.13.4483.1%
PortugalN/A5.92.9N/A-50.8%
Italy19.1N/AN/AN/A0%
Turkey6.6N/AN/AN/A0%
OthersN/AN/AN/A0.50%
Total25.75.96.03.9-46.7%

Top Suppliers of Cotton; Garnetted Stock Waste to Austria in 2022:

  1. Germany (311.0 kg)

Source: IndexBox Market Intelligence Platform

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