Sweden: Cotton Lint Market 2024

Cotton Lint Market Size in Sweden

In 2022, the Swedish cotton lint market decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption showed a precipitous decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Cotton Lint Production in Sweden

In value terms, cotton lint production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of cotton lint in Sweden was estimated at less than X kg per ha in 2022, remaining relatively unchanged against the year before. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cotton lint harvested area in Sweden was estimated at less than X ha in 2022, approximately reflecting the year before. Overall, the harvested area showed a relatively flat trend pattern.

Cotton Lint Exports

Exports from Sweden

In 2022, shipments abroad of cotton lint increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cotton lint exports soared to $X in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for cotton lint exports from Sweden, with a X% share of total exports. Moreover, cotton lint exports to the United States exceeded the volume sent to the second major destination, Norway (X tons), fourfold. Switzerland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Switzerland (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for cotton lint exports from Sweden, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Switzerland (X% per year).

Export Prices by Country

In 2022, the average cotton lint export price amounted to $X per ton, falling by X% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton lint export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to the United States ($X 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 Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Lint Imports

Imports into Sweden

In 2022, approx. X tons of cotton lint were imported into Sweden; which is down by X% compared with 2021 figures. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, cotton lint imports fell to $X in 2022. In general, imports saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Denmark (X tons), Hong Kong SAR (X tons) and the United States (X kg) were the main suppliers of cotton lint imports to Sweden, together comprising X% of total imports. Germany, Italy, China, the UK and Turkey lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cotton lint suppliers to Sweden were the UK ($X), the United States ($X) and Germany ($X), together accounting for X% of total imports.

In terms of the main suppliers, the UK, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cotton lint import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price showed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :