Price for Fine or Coarse Animal Hair, Not Carded or Combed in India - 2024
Contents:
- Price for Fine or Coarse Animal Hair, Not Carded or Combed in India (CIF) - 2024
- Price for Fine or Coarse Animal Hair, Not Carded or Combed in India (FOB) - 2022
- Imports of Fine or Coarse Animal Hair, Not Carded or Combed in India
- Exports of Fine or Coarse Animal Hair, Not Carded or Combed in India
Price for Fine or Coarse Animal Hair, Not Carded or Combed in India (CIF) - 2024
In March 2024, the average import price for fine or coarse animal hair, not carded or combed amounted to $48,406 per ton, reducing by -5.2% against the previous month. Overall, the import price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in July 2023 an increase of 95% month-to-month. As a result, import price attained the peak level of $96,155 per ton. From August 2023 to March 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($50,639 per ton), while the price for South Africa totaled $21,947 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by South Africa (+0.3%).
Price for Fine or Coarse Animal Hair, Not Carded or Combed in India (FOB) - 2022
In 2022, the average export price for fine or coarse animal hair, not carded or combed amounted to $3,078 per ton, surging by 11% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fine or coarse animal hair, not carded or combed increased by +55.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 49%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($6,851 per ton), while the average price for exports to China ($2,240 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 Thailand (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fine or Coarse Animal Hair, Not Carded or Combed in India
In 2022, the amount of fine or coarse animal hair, not carded or combed imported into India surged to 112 tons, with an increase of 45% on the previous year's figure. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fine or coarse animal hair, not carded or combed surged to $5.7M in 2022. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fine or Coarse Animal Hair, Not Carded or Combed in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,502 | 1,765 | 2,451 | 4,195 | 6.2% |
| Mongolia | 675 | 477 | 171 | 586 | -4.6% |
| South Africa | 70.9 | 55.0 | 233 | 323 | 65.8% |
| Italy | 251 | 453 | 766 | 310 | 7.3% |
| United Kingdom | 338 | 73.2 | 88.4 | 208 | -14.9% |
| Others | 214 | 123 | 72.6 | 81.5 | -27.5% |
| Total | 5,051 | 2,946 | 3,782 | 5,703 | 4.1% |
Top Suppliers of Fine or Coarse Animal Hair, Not Carded or Combed to India in 2022:
- China (89.9 tons)
- South Africa (9.8 tons)
- Mongolia (5.5 tons)
- Italy (2.8 tons)
- United Kingdom (2.0 tons)
Exports of Fine or Coarse Animal Hair, Not Carded or Combed in India
In 2022, exports of fine or coarse animal hair, not carded or combed from India surged to 128 tons, with an increase of 25% on 2021. Over the period under review, exports, however, saw a abrupt descent.
In value terms, exports of fine or coarse animal hair, not carded or combed skyrocketed to $394K in 2022. In general, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year.
| Export of Fine or Coarse Animal Hair, Not Carded or Combed in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 89.0 | N/A | 91.2 | 186 | 27.9% |
| China | 297 | 170 | 128 | 138 | -22.5% |
| Germany | 40.4 | N/A | 49.9 | 37.7 | -2.3% |
| Thailand | 13.7 | 11.6 | 13.7 | 18.8 | 11.1% |
| Others | 35.4 | 1.2 | N/A | 13.1 | -28.2% |
| Total | 475 | 182 | 283 | 394 | -6.0% |
Top Export Markets for Fine or Coarse Animal Hair, Not Carded or Combed from India in 2022:
- China (61.6 tons)
- United Kingdom (51.9 tons)
- Germany (9.7 tons)
- Thailand (2.8 tons)
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The exports of Coarse Animal Hair peaked at 352 tons in 2018 but decreased in the following years. In 2023, the exports contracted notably in value terms to $381K.
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