Price for Cotton; Garnetted Stock Waste in Vietnam - 2022

Contents:

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

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

In 2022, the average cotton; garnetted stock waste import price amounted to $459 per ton, with an increase of 1.9% against the previous year. Overall, the import price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 72%. Over the period under review, average import prices attained the peak figure at $1,322 per ton in 2012; however, from 2013 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 Spain ($1,306 per ton), while the price for Indonesia ($212 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-7.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average cotton; garnetted stock waste export price amounted to $855 per ton, increasing by 4.6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 58%. Over the period under review, the average export prices attained the peak figure at $1,178 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($3,637 per ton), while the average price for exports to Indonesia ($574 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 China (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton; Garnetted Stock Waste in Vietnam

Cotton; garnetted stock waste imports into Vietnam fell to 604 tons in 2022, waning by -9.4% on the previous year. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year.

In value terms, cotton; garnetted stock waste imports fell to $277K in 2022. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 18%.

Import of Cotton; Garnetted Stock Waste in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil74.820.012183.83.9%
Indonesia95.363.380.956.1-16.2%
Turkey19283.353.437.1-42.2%
SpainN/AN/A0.828.43450.0%
India50.031.08.514.0-34.6%
Pakistan32.115.19.68.9-34.8%
Others39.841.826.148.97.1%
Total484254300277-17.0%

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

  1. Indonesia (264.6 tons)
  2. Brazil (176.9 tons)
  3. Turkey (86.2 tons)
  4. Spain (21.8 tons)
  5. India (21.7 tons)
  6. Pakistan (8.9 tons)

Exports of Cotton; Garnetted Stock Waste in Vietnam

In 2022, exports of cotton; garnetted stock waste from Vietnam reduced dramatically to 350 tons, with a decrease of -42.3% against the previous year's figure. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 537% against the previous year. As a result, the exports attained the peak of 607 tons, and then reduced dramatically in the following year.

In value terms, cotton; garnetted stock waste exports declined markedly to $299K in 2022. Over the period under review, exports, however, posted strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 384%. As a result, the exports reached the peak of $496K, and then dropped significantly in the following year.

Export of Cotton; Garnetted Stock Waste in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia11066.326817115.8%
Thailand4.44.511866.0146.6%
China38.520.976.243.94.5%
Taiwan (Chinese)9.87.225.614.313.4%
Others26.03.68.23.9-46.9%
Total18910349629916.5%

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

  1. Indonesia (298.5 tons)
  2. Thailand (31.1 tons)
  3. China (12.1 tons)
  4. Taiwan (Chinese) (7.0 tons)

Source: IndexBox Market Intelligence Platform

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