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

Contents:

  1. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon (FOB) - 2022
  2. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon (CIF) - 2022
  3. Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Cameroon
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria12711085.149.5-27.0%
TurkeyN/AN/A15712.7-91.9%
China344N/AN/AN/A0%
Chad93.3N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total56511024262.2-52.1%

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

  1. Nigeria (68.4 tons)
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,5951,7141,142770-21.6%
Japan52.077.011766.08.3%
China5246.028.055.0-52.8%
Others334303191129-27.2%
Total2,5052,1001,4781,020-25.9%

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

  1. Italy (607.0 kg)
  2. Japan (172.0 kg)
  3. China (38.0 kg)

Source: IndexBox Market Intelligence Platform

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