Italy - Cotton Yarn - Market Analysis, Forecast, Size, Trends And Insights
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View PricingItaly's Cotton Yarn Imports Plunge Swiftly to $368M in 2023
Italy Cotton Yarn Imports
In 2023, supplies from abroad of cotton yarn decreased by -23.2% to 61K tons for the first time since 2020, thus ending a two-year rising trend. In general, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Imports peaked at 80K tons in 2022, and then shrank remarkably in the following year.
In value terms, cotton yarn imports contracted rapidly to $368M (IndexBox estimates) in 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. Over the period under review, imports attained the maximum at $526M in 2022, and then fell notably in the following year.
| COUNTRY | Import Value of Cotton Yarn in Italy (million USD) | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Turkey | 107 | 105 | 116 | 112 | 106 | 87.3 | 179 | 175 | 106 |
| India | 49.1 | 52.4 | 57.3 | 52.9 | 46.2 | 32.6 | 40.5 | 92.8 | 71.7 |
| China | 39.1 | 52.0 | 59.9 | 62.0 | 53.4 | 29.9 | 50.3 | 71.1 | 49.0 |
| Egypt | 68.4 | 63.2 | 58.1 | 55.6 | 51.1 | 35.4 | 48.6 | 58.8 | 44.1 |
| Pakistan | 12.9 | 18.1 | 26.0 | 25.4 | 22.9 | 17.1 | 29.0 | 52.4 | 27.6 |
| Poland | 0.3 | 0.4 | 0.3 | 0.4 | 0.5 | 0.5 | 1.4 | 9.6 | 14.6 |
| Hungary | 1.4 | 1.0 | 2.8 | 1.3 | 1.7 | 3.2 | 4.9 | 5.7 | 13.0 |
| Spain | 10.8 | 10.3 | 10.4 | 8.6 | 8.0 | 5.7 | 12.3 | 19.3 | 10.3 |
| Bosnia and Herzegovina | 18.2 | 13.5 | 8.1 | 7.3 | 4.1 | 3.5 | 5.3 | 5.6 | 4.6 |
| Others | 43.3 | 38.6 | 32.3 | 22.7 | 22.1 | 21.2 | 31.8 | 35.7 | 27.1 |
| Total | 350 | 355 | 371 | 348 | 316 | 236 | 403 | 526 | 368 |
Imports by Country
In 2023, Turkey (23K tons) constituted the largest cotton yarn supplier to Italy, accounting for a 38% share of total imports. Moreover, cotton yarn imports from Turkey exceeded the figures recorded by the second-largest supplier, India (10K tons), twofold. Pakistan (6.5K tons) ranked third in terms of total imports with an 11% share.
From 2015 to 2023, the average annual rate of growth in terms of volume from Turkey stood at -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-1.3% per year) and Pakistan (+6.9% per year).
In value terms, the largest cotton yarn suppliers to Italy were Turkey ($106M), India ($72M) and China ($49M), with a combined 62% share of total imports. Egypt, Pakistan, Poland, Hungary, Spain and Bosnia and Herzegovina lagged somewhat behind, together comprising a further 31%.
Poland, with a CAGR of +65.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In 2023, cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale (49K tons) constituted the largest type of cotton yarn supplied to Italy, with a 80% share of total imports. Moreover, cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale exceeded the figures recorded for the second-largest type, cotton yarn (other than sewing thread), containing less than 85% by weight of cotton, not put up for retail sale (11K tons), fourfold.
From 2013 to 2023, the average annual growth rate of the volume of cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale imports amounted to -3.7%. With regard to the other supplied products, the following average annual rates of growth were recorded: cotton yarn (other than sewing thread), containing less than 85% by weight of cotton, not put up for retail sale (+9.6% per year) and cotton yarn (other than sewing thread), put up for retail sale (+2.4% per year).
In value terms, cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale ($323M) constituted the largest type of cotton yarn supplied to Italy, comprising 88% of total imports. The second position in the ranking was taken by cotton yarn (other than sewing thread), containing less than 85% by weight of cotton, not put up for retail sale ($41M), with an 11% share of total imports.
Import Prices by Country
In 2023, the cotton yarn price amounted to $5,994 per ton (CIF, Italy), dropping by -8.9% against the previous year. Over the period from 2015 to 2023, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2022 when the average import price increased by 24% against the previous year. As a result, import price reached the peak level of $6,582 per ton, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bosnia and Herzegovina ($11,050 per ton), while the price for Spain ($3,134 per ton) was amongst the lowest.
From 2015 to 2023, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the cotton yarn market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13106160 - Cotton yarn, p.r.s. (excluding sewing thread)
- Prodcom 131061Z1 - Cotton yarn of uncombed fibres, n.p.r.s.
- Prodcom 131061Z2 - Cotton yarn of combed fibres, n.p.r.s.
- Prodcom 13106132 - Yarn of uncombed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
- Prodcom 13106133 - Yarn of uncombed cotton, n.p.r.s., for knitted fabrics and hosiery
- Prodcom 13106135 - Yarn of uncombed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
- Prodcom 13106152 - Yarn of combed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
- Prodcom 13106153 - Yarn of combed cotton, n.p.r.s., for knitted fabrics and hosiery
- Prodcom 13106155 - Yarn of combed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
