Price for Cotton; Yarn Waste (Including Thread Waste) in Kuwait - 2022

Contents:

  1. Price for Cotton; Yarn Waste (Including Thread Waste) in Kuwait (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan18.113.57.114.8-6.5%
NetherlandsN/AN/AN/A0.60%
China6.33.01.50.6-54.3%
SwitzerlandN/AN/AN/A0.30%
India3.52.22.1N/A-22.5%
United Arab Emirates6.23.01.5N/A-50.8%
OthersN/A0.1N/AN/A0%
Total34.121.812.216.2-22.0%

Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Kuwait in 2022:

  1. Pakistan (13.9 tons)
  2. Netherlands (0.6 tons)
  3. Switzerland (0.3 tons)
  4. China (0.2 tons)

Source: IndexBox Market Intelligence Platform

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