Ireland - Cotton Yarn - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ireland - Cotton Yarn - Market Analysis, Forecast, Size, Trends And Insights

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Cotton Yarn Price in Ireland - 2023

Contents:

  1. Cotton Yarn Price in Ireland (CIF) - 2023
  2. Cotton Yarn Price in Ireland (FOB) - 2022
  3. Cotton Yarn Imports in Ireland
  4. Cotton Yarn Exports in Ireland

Cotton Yarn Price in Ireland (CIF) - 2023

In July 2023, the average cotton yarn import price amounted to $14,876 per ton, rising by 9.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 235% month-to-month. Over the period under review, average import prices hit record highs at $27,785 per ton in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Turkey ($30,339 per ton), while the price for China ($7,583 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Cotton Yarn Price in Ireland (FOB) - 2022

The average cotton yarn export price stood at $4,883 per ton in 2022, dropping by -10.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 205%. The export price peaked at $22,501 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($14,035 per ton), while the average price for exports to the UK stood at $4,568 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+53.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Yarn Imports in Ireland

Cotton yarn imports into Ireland declined to 268 tons in 2022, which is down by -9.5% against 2021 figures. Overall, imports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 269% against the previous year.

In value terms, cotton yarn imports totaled $2.3M in 2022. Over the period under review, imports, however, posted resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 188% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Cotton Yarn in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom841379N/A802-1.6%
Turkey104112N/A56776.0%
India209104N/A29512.2%
Italy44.188.4N/A27082.9%
Pakistan52.539.4N/A19855.7%
China20.733.7N/A52.636.5%
Germany77.01.2N/A36.8-21.8%
Spain20711.6N/A26.2-49.8%
Others29.044.92,34797.950.0%
Total1,5848142,3472,34714.0%

Top Suppliers of Cotton Yarn to Ireland in 2022:

  1. United Kingdom (109.7 tons)
  2. India (62.1 tons)
  3. Pakistan (39.4 tons)
  4. Italy (24.2 tons)
  5. Turkey (17.3 tons)
  6. China (4.2 tons)
  7. Spain (4.1 tons)
  8. Germany (1.8 tons)

Cotton Yarn Exports in Ireland

In 2022, exports of cotton yarn from Ireland surged to 4.7 tons, growing by 34% compared with 2021 figures. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 85%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, cotton yarn exports soared to $23K in 2022. In general, total exports indicated a significant expansion from 2020 to 2022: its value increased at an average annual rate of +27.7% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Cotton Yarn in Ireland (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United Kingdom1.1N/A19.6322.1%
MalaysiaN/AN/A1.60%
Chile2.9N/AN/A0%
United Arab EmiratesN/A16.7N/A0%
United States8.6N/AN/A0%
Others1.42.31.66.9%
Total13.919.022.727.8%

Top Export Markets for Cotton Yarn from Ireland in 2022:

  1. United Kingdom (4.3 tons)
  2. Malaysia (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton yarn market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13106160 - Cotton yarn, p.r.s. (excluding sewing thread)
  • Prodcom 131061Z1 - Cotton yarn of uncombed fibres, n.p.r.s.
  • Prodcom 131061Z2 - Cotton yarn of combed fibres, n.p.r.s.
  • Prodcom 13106132 - Yarn of uncombed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
  • Prodcom 13106133 - Yarn of uncombed cotton, n.p.r.s., for knitted fabrics and hosiery
  • Prodcom 13106135 - Yarn of uncombed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
  • Prodcom 13106152 - Yarn of combed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
  • Prodcom 13106153 - Yarn of combed cotton, n.p.r.s., for knitted fabrics and hosiery
  • Prodcom 13106155 - Yarn of combed cotton, n.p.r.s., for other uses (including carpets and floor coverings)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ireland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Cotton Yarn - Ireland