Price for Cotton; Yarn Waste (Including Thread Waste) in Kuwait - 2022
Contents:
- Price for Cotton; Yarn Waste (Including Thread Waste) in Kuwait (CIF) - 2022
- Imports of Cotton; Yarn Waste (Including Thread Waste) in Kuwait
Price for Cotton; Yarn Waste (Including Thread Waste) in Kuwait (CIF) - 2022
In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $1,084 per ton, approximately equating the previous year. Overall, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57%. The import price peaked at $1,162 per ton in 2019; however, from 2020 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 China ($2,421 per ton), while the price for the Netherlands ($1,063 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.7%).
Imports of Cotton; Yarn Waste (Including Thread Waste) in Kuwait
Imports of cotton; yarn waste (including thread waste) into Kuwait surged to 15 tons in 2022, increasing by 31% on the previous year. Over the period under review, imports, however, saw a sharp downturn.
In value terms, imports of cotton; yarn waste (including thread waste) surged to $16K in 2022. Overall, imports, however, continue to indicate a sharp descent.
Import of Cotton; Yarn Waste (Including Thread Waste) in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 18.1 | 13.5 | 7.1 | 14.8 | -6.5% |
Netherlands | N/A | N/A | N/A | 0.6 | 0% |
China | 6.3 | 3.0 | 1.5 | 0.6 | -54.3% |
Switzerland | N/A | N/A | N/A | 0.3 | 0% |
India | 3.5 | 2.2 | 2.1 | N/A | -22.5% |
United Arab Emirates | 6.2 | 3.0 | 1.5 | N/A | -50.8% |
Others | N/A | 0.1 | N/A | N/A | 0% |
Total | 34.1 | 21.8 | 12.2 | 16.2 | -22.0% |
Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Kuwait in 2022:
- Pakistan (13.9 tons)
- Netherlands (0.6 tons)
- Switzerland (0.3 tons)
- China (0.2 tons)
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