Price for Cotton; Garnetted Stock Waste in Indonesia - 2022

Price for Cotton; Garnetted Stock Waste in Indonesia (FOB) - 2022

In 2022, the average cotton; garnetted stock waste export price amounted to $403 per ton, picking up by 2.1% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 44%. The export price peaked at $1,343 per ton in 2013; however, from 2014 to 2022, 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 Hong Kong SAR ($1,228 per ton), while the average price for exports to Malaysia ($184 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 Hong Kong SAR (-1.1%), while the prices for the other major destinations experienced a decline.

Price for Cotton; Garnetted Stock Waste in Indonesia (CIF) - 2022

In 2022, the average cotton; garnetted stock waste import price amounted to $1,848 per ton, growing by 13% against the previous year. In general, the import price continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2020 an increase of 162%. Over the period under review, average import prices hit record highs at $2,561 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 India ($11,252 per ton), while the price for Vietnam amounted to $1,834 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.4%).

Exports of Cotton; Garnetted Stock Waste in Indonesia

In 2022, approx. 533 tons of cotton; garnetted stock waste were exported from Indonesia; falling by -41.6% on the previous year's figure. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 580%. As a result, the exports reached the peak of 912 tons, and then dropped markedly in the following year.

In value terms, cotton; garnetted stock waste exports dropped rapidly to $215K in 2022. In general, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 417%. As a result, the exports attained the peak of $360K, and then declined remarkably in the following year.

Export of Cotton; Garnetted Stock Waste in Indonesia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	82.4	25.5	107	62.0	-9.0%
Vietnam	46.3	17.0	100	58.4	8.0%
Hong Kong SAR	40.1	13.6	62.7	39.8	-0.3%
Thailand	71.5	2.8	54.0	31.5	-23.9%
Taiwan (Chinese)	21.7	6.9	30.0	17.5	-6.9%
South Korea	1.8	3.2	2.5	3.6	26.0%
Malaysia	2.7	0.7	3.5	2.0	-9.5%
Others	N/A	N/A	N/A	N/A	0%
Total	267	69.7	360	215	-7.0%

Top Export Markets for Cotton; Garnetted Stock Waste from Indonesia in 2022:

Vietnam (304.3 tons)
Japan (83.5 tons)
Thailand (58.6 tons)
Hong Kong SAR (32.4 tons)
Taiwan (Chinese) (24.4 tons)
South Korea (18.6 tons)
Malaysia (11.0 tons)

Imports of Cotton; Garnetted Stock Waste in Indonesia

Cotton; garnetted stock waste imports into Indonesia skyrocketed to 113 tons in 2022, growing by 329% compared with the previous year's figure. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,945% against the previous year. As a result, imports reached the peak of 200 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cotton; garnetted stock waste imports skyrocketed to $210K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 5,254% against the previous year. As a result, imports reached the peak of $376K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.