Price for Fine or Coarse Animal Hair, Not Carded or Combed in China - 2024

Contents:

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

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

The average import price for fine or coarse animal hair, not carded or combed stood at $19,200 per ton in 2022, jumping by 49% against the previous year. Over the period under review, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 53% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

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 Mongolia ($30,276 per ton), while the price for Kazakhstan ($562 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fine or coarse animal hair, not carded or combed stood at $76,738 per ton in 2022, growing by 59% against the previous year. In general, the export price posted a measured expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 670% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($122,958 per ton), while the average price for exports to Nepal ($7,680 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of fine or coarse animal hair, not carded or combed into China was estimated at 20K tons, increasing by 8.9% against the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of fine or coarse animal hair, not carded or combed skyrocketed to $381M in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Mongolia (12.2K tons)
2. Turkmenistan (1.9K tons)
3. Kazakhstan (1.8K tons)
4. Uzbekistan (0.9K tons)
5. Pakistan (0.8K tons)
6. Afghanistan (0.5K tons)
7. Turkey (0.4K tons)
8. Russia (0.3K tons)

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

For the fourth consecutive year, China recorded growth in overseas shipments of fine or coarse animal hair, not carded or combed, which increased by 17% to 61 tons in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,023%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of fine or coarse animal hair, not carded or combed soared to $4.7M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,995%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

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

1. India (31.7 tons)
2. United Kingdom (14.0 tons)
3. Italy (12.6 tons)
4. Nepal (2.5 tons)

Source: IndexBox Market Intelligence Platform