Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Chile - 2024

Contents:

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

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

In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $1,678 per ton, surging by 19% against the previous year. In general, the import price, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $2,322 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 India ($2,335 per ton), while the price for the UK ($529 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $1,581 per ton, with an increase of 17% against the previous year. Over the period under review, the export price, however, showed a deep setback. The export price peaked at $3,788 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2014 to 2022, the rate of growth in terms of prices for Peru amounted to -10.5% per year.

Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Chile

Imports of cotton waste (including yarn waste and garnetted stock) into Chile expanded rapidly to 795 tons in 2022, picking up by 11% against the previous year. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of 900 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) surged to $1.3M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (404.0 tons)
2. Argentina (304.1 tons)
3. Pakistan (23.0 tons)
4. United Kingdom (22.4 tons)
5. Honduras (17.6 tons)
6. Portugal (14.1 tons)

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

In 2022, exports of cotton waste (including yarn waste and garnetted stock) from Chile fell significantly to 229 kg, declining by -76.8% compared with the previous year's figure. In general, exports faced a dramatic downturn.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) shrank sharply to $362 in 2022. Over the period under review, exports showed a dramatic contraction.

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

1. Peru (228.0 kg)

Source: IndexBox Market Intelligence Platform