Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Costa Rica - 2022
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Costa Rica (FOB) - 2022
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Costa Rica (CIF) - 2022
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Costa Rica
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Costa Rica
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Costa Rica (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $1,156 per ton in 2022, increasing by 22% against the previous year. Overall, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 59% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,578 per ton), while the average price for exports to El Salvador ($555 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 Belgium (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Costa Rica (CIF) - 2022
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $2,228 per ton in 2022, picking up by 6.9% against the previous year. Overall, the import price showed a prominent increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 90% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 China ($5,070 per ton), while the price for Mexico ($1,061 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Costa Rica
In 2022, shipments abroad of cotton waste (including yarn waste and garnetted stock) was finally on the rise to reach 2.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) soared to $2.7M in 2022. In general, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 180 | 318 | 309 | 532 | 43.5% |
| United States | 20.2 | 114 | 154 | 516 | 194.5% |
| Belgium | 431 | 328 | 268 | 511 | 5.8% |
| Taiwan (Chinese) | 834 | 297 | 364 | 352 | -25.0% |
| Germany | 291 | 280 | 315 | 194 | -12.6% |
| El Salvador | 132 | 33.5 | 29.6 | 168 | 8.4% |
| Guatemala | 15.6 | 16.8 | 22.0 | 10.3 | -12.9% |
| Others | 27.6 | 54.0 | 23.7 | 398 | 143.4% |
| Total | 1,932 | 1,442 | 1,486 | 2,682 | 11.6% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Costa Rica in 2022:
- South Korea (658.4 tons)
- Belgium (339.5 tons)
- United States (327.2 tons)
- El Salvador (302.3 tons)
- Taiwan (Chinese) (236.6 tons)
- Germany (130.5 tons)
- Guatemala (17.1 tons)
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Costa Rica
In 2022, purchases abroad of cotton waste (including yarn waste and garnetted stock) decreased by -32.9% to 25 tons, falling for the second year in a row after two years of growth. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. As a result, imports reached the peak of 63 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) reduced remarkably to $55K in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 263% against the previous year. As a result, imports attained the peak of $110K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 15.8 | 58.6 | 45.9 | 27.0 | 19.6% |
| China | 1.0 | 2.6 | 10.3 | 13.8 | 139.9% |
| Honduras | 2.6 | 11.2 | 8.5 | 5.9 | 31.4% |
| Mexico | 3.7 | 5.5 | 4.6 | 3.5 | -1.8% |
| Brazil | 1.4 | 3.2 | 1.0 | 2.3 | 18.0% |
| India | N/A | 17.5 | N/A | N/A | 0% |
| Others | 5.9 | 11.5 | 6.2 | 2.5 | -24.9% |
| Total | 30.4 | 110 | 76.6 | 54.9 | 21.8% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Costa Rica in 2022:
- El Salvador (12.9 tons)
- Honduras (4.0 tons)
- Mexico (3.3 tons)
- China (2.7 tons)
- Brazil (1.4 tons)
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