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

Contents:

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

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

In 2022, the average export price for fine or coarse animal hair, not carded or combed amounted to $28,736 per ton, reducing by -12.3% against the previous year. Overall, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 130%. Over the period under review, the average export prices hit record highs at $43,737 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 China ($72,010 per ton), while the average price for exports to the United States ($6,275 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 South Africa (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for fine or coarse animal hair, not carded or combed stood at $25,601 per ton in 2022, jumping by 78% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 104% against the previous year. As a result, import price attained the peak level of $27,626 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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 ($38,558 per ton), while the price for Australia amounted to $12,193 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of fine or coarse animal hair, not carded or combed from New Zealand contracted notably to 23 tons in 2022, declining by -20.2% compared with 2021 figures. In general, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 29 tons, and then fell sharply in the following year.

In value terms, exports of fine or coarse animal hair, not carded or combed fell rapidly to $664K in 2022. Over the period under review, total exports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +3.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, the exports attained the peak of $949K, and then declined notably in the following year.

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

1. Saudi Arabia (10.0 tons)
2. China (5.3 tons)
3. South Africa (4.7 tons)
4. United States (3.2 tons)

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

In 2022, approx. 2.6 tons of fine or coarse animal hair, not carded or combed were imported into New Zealand; waning by -75.5% against 2021 figures. Overall, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 155%.

In value terms, imports of fine or coarse animal hair, not carded or combed declined dramatically to $67K in 2022. Over the period under review, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year.

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

1. Australia (1298.0 kg)
2. China (1280.0 kg)

Source: IndexBox Market Intelligence Platform