Price for Cotton; Sewing Thread, Put Up for Retail Sale in Chile - 2024

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Chile (CIF) - 2022

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $17,327 per ton, increasing by 131% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. Over the period under review, average import prices hit record highs at $23,512 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($30,650 per ton), while the price for China ($4,769 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Chile (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $8,476 per ton in 2021, leveling off at the previous year. Overall, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 1,000% against the previous year. As a result, the export price attained the peak level of $25,063 per ton. From 2015 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2021, the rate of growth in terms of prices for Peru amounted to +23.2% per year.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Chile

In 2022, imports of cotton; sewing thread, put up for retail sale into Chile reduced rapidly to 33 tons, waning by -70.4% on 2021. Overall, imports saw a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 155%.

In value terms, imports of cotton; sewing thread, put up for retail sale fell dramatically to $567K in 2022. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 125% against the previous year.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	460	241	361	435	-1.8%
China	76.2	51.8	157	54.2	-10.7%
India	123	69.2	275	53.9	-24.0%
Mongolia	247	N/A	N/A	N/A	0%
Others	14.7	5.9	35.4	23.7	17.3%
Total	922	368	829	567	-15.0%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Chile in 2022:

Brazil (14.2 tons)
China (11.4 tons)
India (6.6 tons)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Chile

In 2021, the amount of cotton; sewing thread, put up for retail sale exported from Chile was estimated at 42 kg, approximately mirroring the previous year's figure. Overall, exports showed a sharp shrinkage. The smallest decline of 99.9% was in 2020.

In value terms, exports of cotton; sewing thread, put up for retail sale stood at $356 in 2021. Over the period under review, exports showed a sharp reduction. The smallest decline of 99.9% was in 2020.