Price for Fine or Coarse Animal Hair, Not Carded or Combed in Bangladesh - 2022

Contents:

1. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Bangladesh (CIF) - 2022
2. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Bangladesh (FOB) - 2022
3. Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Bangladesh
4. Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Bangladesh

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Bangladesh (CIF) - 2022

In 2022, the average import price for fine or coarse animal hair, not carded or combed amounted to $4,996 per ton, waning by -25.3% against the previous year. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 61%. As a result, import price reached the peak level of $55,080 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 ($33,274 per ton), while the price for Hong Kong SAR amounted to $2,864 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.3%).

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Bangladesh (FOB) - 2022

In 2022, the average export price for fine or coarse animal hair, not carded or combed amounted to $2,440 per ton, approximately equating the previous year. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 110% against the previous year. As a result, the export price reached the peak level of $17,922 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to 0.0% per year.

Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Bangladesh

For the fourth year in a row, Bangladesh recorded growth in overseas purchases of fine or coarse animal hair, not carded or combed, which increased by 11% to 154 tons in 2022. The total import volume increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 11%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fine or coarse animal hair, not carded or combed dropped markedly to $770K in 2022. Over the period under review, imports, however, recorded a abrupt curtailment. The smallest decline of -17.3% was in 2020.

Top Suppliers of Fine or Coarse Animal Hair, Not Carded or Combed to Bangladesh in 2022:

1. Hong Kong SAR (143.3 tons)
2. China (10.8 tons)

Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Bangladesh

In 2022, approx. 430 kg of fine or coarse animal hair, not carded or combed were exported from Bangladesh; approximately equating 2021 figures. Overall, exports continue to indicate a abrupt slump. The smallest decline of 99.9% was in 2021.

In value terms, exports of fine or coarse animal hair, not carded or combed totaled $1K in 2022. Over the period under review, exports continue to indicate a precipitous contraction. The smallest decline of 99.9% was in 2021.

Top Export Markets for Fine or Coarse Animal Hair, Not Carded or Combed from Bangladesh in 2022:

1. Germany (430.0 kg)

Source: IndexBox Market Intelligence Platform