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

Contents:

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

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

The average import price for fine or coarse animal hair, not carded or combed stood at $103,869 per ton in 2022, with an increase of 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($109,263 per ton), while the price for South Africa ($16,742 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.2%), 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 Italy (FOB) - 2022

In 2022, the average export price for fine or coarse animal hair, not carded or combed amounted to $84,494 per ton, increasing by 32% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 +68.3% against 2020 indices. The growth pace was the most rapid in 2019 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices attained 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 the UK ($127,392 per ton), while the average price for exports to Romania ($15,243 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 France (+8.5%), 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 Italy

In 2022, approx. 4.4K tons of fine or coarse animal hair, not carded or combed were imported into Italy; jumping by 26% against the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% 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 +93.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of fine or coarse animal hair, not carded or combed soared to $457M in 2022. Overall, imports continue to indicate a strong increase. The growth pace was the most rapid in 2021 with an increase of 58%. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. China (3260.3 tons)
2. Mongolia (679.2 tons)
3. United Kingdom (141.2 tons)
4. Germany (91.2 tons)
5. South Africa (69.9 tons)

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

Exports of fine or coarse animal hair, not carded or combed from Italy declined rapidly to 163 tons in 2022, which is down by -33.5% compared with the previous year's figure. Overall, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when exports increased by 22%. As a result, the exports attained the peak of 245 tons, and then declined dramatically in the following year.

In value terms, exports of fine or coarse animal hair, not carded or combed dropped to $14M in 2022. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year.

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

1. United Kingdom (67.1 tons)
2. Turkey (25.8 tons)
3. Romania (23.4 tons)
4. Hungary (14.4 tons)
5. Egypt (5.2 tons)
6. Germany (4.9 tons)
7. Russia (4.6 tons)
8. Tunisia (3.6 tons)
9. Poland (3.1 tons)

Source: IndexBox Market Intelligence Platform