Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Saudi Arabia - 2022
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Saudi Arabia (FOB) - 2022
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Saudi Arabia
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Saudi Arabia (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $697 per ton in 2021, shrinking by -22.8% against the previous year. In general, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 91% against the previous year. The export price peaked at $2,714 per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($28,939 per ton), while the average price for exports to Jordan ($283 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+152.9%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Saudi Arabia
In 2022, after three years of growth, there was significant decline in overseas shipments of cotton waste (including yarn waste and garnetted stock), when their volume decreased by -92.5% to 4.2 tons. Overall, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, the exports attained the peak of 57 tons, and then declined markedly in the following year.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) contracted markedly to $6.2K in 2022. In general, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 37%.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Kuwait | N/A | 372 | 73.1 | -80.3% | |
| Oman | N/A | 92.7 | 28.9 | -68.8% | |
| United Arab Emirates | N/A | 101 | 25.1 | -75.1% | |
| Bahrain | N/A | 64.1 | 11.9 | -81.4% | |
| Jordan | N/A | N/A | 5.0 | 0% | |
| Lebanon | 22.7 | N/A | N/A | 0% | |
| Others | N/A | -598.8 | -104.5 | -82.5% | |
| Total | 22.7 | 31.1 | 39.5 | 31.9% | |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Saudi Arabia in 2022:
- Jordan (17.7 tons)
- Kuwait (2.5 tons)
- Oman (1.4 tons)
- United Arab Emirates (1.1 tons)
- Bahrain (0.6 tons)
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