Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon - 2022
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon (FOB) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon (CIF) - 2022
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon (FOB) - 2022
In 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $805 per ton, increasing by 14% against the previous year. Overall, the export price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of 15%. As a result, the export price attained the peak level of $1,912 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($1,435 per ton), while the average price for exports to Nigeria totaled $724 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+111.0%), while the prices for the other major destinations experienced a decline.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,233 per ton in 2022, waning by -15.1% against the previous year. Overall, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2018 when the average import price increased by 159% against the previous year. The import price peaked at $3,291 per ton in 2012; however, from 2013 to 2022, 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 China ($1,447 per ton), while the price for Japan ($384 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-3.9%), while the prices for the other major suppliers experienced a decline.
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon
In 2022, approx. 77 tons of cotton waste (including yarn waste and garnetted stock) were exported from Cameroon; falling by -77.5% against the previous year's figure. In general, exports faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 143%.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) dropped significantly to $62K in 2022. Over the period under review, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 119% against the previous year.
Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | 127 | 110 | 85.1 | 49.5 | -27.0% |
Turkey | N/A | N/A | 157 | 12.7 | -91.9% |
China | 344 | N/A | N/A | N/A | 0% |
Chad | 93.3 | N/A | N/A | N/A | 0% |
Others | 0.2 | N/A | N/A | N/A | 0% |
Total | 565 | 110 | 242 | 62.2 | -52.1% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Cameroon in 2022:
- Nigeria (68.4 tons)
- Turkey (8.8 tons)
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon
For the third year in a row, Cameroon recorded decline in overseas purchases of cotton waste (including yarn waste and garnetted stock), which decreased by -18.7% to 827 kg in 2022. In general, imports recorded a abrupt slump. The smallest decline of -3.6% was in 2020.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) reduced remarkably to $1K in 2022. Over the period under review, imports continue to indicate a precipitous curtailment. The smallest decline of -16.2% was in 2020.
Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1,595 | 1,714 | 1,142 | 770 | -21.6% |
Japan | 52.0 | 77.0 | 117 | 66.0 | 8.3% |
China | 524 | 6.0 | 28.0 | 55.0 | -52.8% |
Others | 334 | 303 | 191 | 129 | -27.2% |
Total | 2,505 | 2,100 | 1,478 | 1,020 | -25.9% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Cameroon in 2022:
- Italy (607.0 kg)
- Japan (172.0 kg)
- China (38.0 kg)
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