Price for Cotton; Sewing Thread, Put Up for Retail Sale in Kazakhstan - 2022

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Kazakhstan (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Kazakhstan (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Kazakhstan
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Kazakhstan

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

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $5,694 per ton, with a decrease of -24.7% against the previous year. In general, the import price, however, showed prominent growth. The growth pace was the most rapid in 2018 an increase of 93%. The import price peaked at $7,563 per ton in 2021, and then shrank dramatically in the following year.

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 the United Arab Emirates ($52,520 per ton), while the price for Malaysia ($3,610 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $3,043 per ton, with an increase of 123% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $3,694 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,697 per ton), while the average price for exports to Maldives totaled $1,769 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.0%).

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

In 2022, overseas purchases of cotton; sewing thread, put up for retail sale increased by 13% to 72 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a sharp decrease.

In value terms, imports of cotton; sewing thread, put up for retail sale contracted rapidly to $411K in 2022. Over the period under review, imports, however, continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 0.6%. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China820589193302-28.3%
United Arab Emirates22.911610326.14.5%
Turkey13619198.822.0-45.5%
Others23.811389.160.136.2%
Total1,0031,010484411-25.7%

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

  1. China (69.2 tons)
  2. Turkey (0.6 tons)
  3. United Arab Emirates (0.5 tons)

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

In 2022, overseas shipments of cotton; sewing thread, put up for retail sale increased by 945% to 115 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cotton; sewing thread, put up for retail sale surged to $350 in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Kazakhstan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia56.036.014.028171.2%
MaldivesN/AN/AN/A69.00%
TurkeyN/AN/A1.0N/A0%
OthersN/AN/AN/AN/A0%
Total56.036.015.035084.2%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Kazakhstan in 2022:

  1. Russia (76.0 kg)
  2. Maldives (39.0 kg)

Source: IndexBox Market Intelligence Platform

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