CIS: Cotton Linters Market 2024

Cotton Linters Market Size in CIS

After two years of decline, the CIS cotton linters market increased by 19% to $X in 2021. Over the period under review, consumption recorded a mild shrinkage. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Cotton Linters Production in CIS

In value terms, cotton linters production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 23% against the previous year. Over the period under review, production hit record highs in 2021 and is expected to retain growth in the immediate term.

Cotton Linters Exports

Exports in CIS

For the third consecutive year, the CIS recorded growth in overseas shipments of cotton linters, which increased by 34% to X tons in 2021. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2019 when exports increased by 171% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, cotton linters exports skyrocketed to $X in 2021. Overall, exports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of 208%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Azerbaijan (X tons) and Uzbekistan (X tons) dominates exports structure, together comprising 93% of total exports. It was distantly followed by Kazakhstan (X tons), achieving a 5.4% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Azerbaijan (with a CAGR of +35.7%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Uzbekistan ($X), Azerbaijan ($X) and Kazakhstan ($X) were the countries with the highest levels of exports in 2021, with a combined 96% share of total exports.

Azerbaijan, with a CAGR of +23.5%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, picking up by 13% against the previous year. Overall, the export price, however, showed a abrupt descent. The pace of growth was the most pronounced in 2016 when the export price increased by 17% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (-2.6%), while the other leaders experienced a decline in the export price figures.

Cotton Linters Imports

Imports in CIS

After two years of growth, supplies from abroad of cotton linters decreased by -68.7% to X tons in 2021. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 196% against the previous year. As a result, imports reached the peak of X tons, and then declined notably in the following year.

In value terms, cotton linters imports shrank remarkably to $X in 2021. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 136% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Tajikistan was the largest importer of cotton linters in the CIS, with the volume of imports resulting at X tons, which was approx. 86% of total imports in 2021. It was distantly followed by Kyrgyzstan (X tons), comprising an 11% share of total imports. Russia (X tons) took a minor share of total imports.

Tajikistan experienced a relatively flat trend pattern with regard to volume of imports of cotton linters. Kyrgyzstan (-17.0%) and Russia (-32.2%) illustrated a downward trend over the same period. While the share of Tajikistan (+49 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kyrgyzstan (-13 p.p.) and Russia (-36.4 p.p.) displayed negative dynamics.

In value terms, Tajikistan ($X) constitutes the largest market for imported cotton linters in the CIS, comprising 81% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 15% share of total imports.

In Tajikistan, cotton linters imports expanded at an average annual rate of +2.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kyrgyzstan (-16.5% per year) and Russia (-31.1% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, rising by 118% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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