Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Denmark - 2023

Contents:

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

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

The average export price for cotton waste (including yarn waste and garnetted stock) stood at $2,472 per ton in 2022, growing by 29% against the previous year. Over the period under review, the export price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2014 an increase of 59% against the previous year. As a result, the export price reached the peak level of $6,431 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($19,885 per ton), while the average price for exports to Finland ($1,763 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 Greenland (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,736 per ton in 2022, with a decrease of -24.8% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cotton waste (including yarn waste and garnetted stock) decreased by -40.4% against 2017 indices. The growth pace was the most rapid in 2016 an increase of 62% against the previous year. The import price peaked at $2,911 per ton in 2017; however, from 2018 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 Sweden ($5,169 per ton), while the price for France ($1,271 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after three years of growth, there was decline in overseas shipments of cotton waste (including yarn waste and garnetted stock), when their volume decreased by -2.7% to 84 tons. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 4.2% against the previous year. As a result, the exports attained the peak of 86 tons, and then shrank slightly in the following year.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $208K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Sweden (66.4 tons)
2. Finland (8.7 tons)
3. Norway (6.1 tons)
4. North Macedonia (1.5 tons)

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

In 2022, purchases abroad of cotton waste (including yarn waste and garnetted stock) was finally on the rise to reach 84 tons after two years of decline. Overall, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) skyrocketed to $145K in 2022. In general, imports showed a relatively flat trend pattern. 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 Denmark in 2022:

1. Germany (29.4 tons)
2. Netherlands (29.0 tons)
3. France (23.4 tons)
4. Sweden (1.0 tons)

Source: IndexBox Market Intelligence Platform