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

Contents:

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

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

In 2022, the average import price for fine or coarse animal hair, not carded or combed amounted to $46,885 per ton, waning by -24.7% against the previous year. In general, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 160% against the previous year. The import price peaked at $386,009 per ton in 2019; however, from 2020 to 2022, 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 Spain ($144,000 per ton), while the price for Denmark ($35,030 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 (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for fine or coarse animal hair, not carded or combed stood at $39,315 per ton in 2022, shrinking by -24.3% against the previous year. Over the period under review, the export price, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 157%. Over the period under review, the average export prices reached the peak figure at $67,455 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($60,123 per ton), while the average price for exports to the United States ($30,740 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 Sweden (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of fine or coarse animal hair, not carded or combed increased by 527% to 2.8 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded significant growth. As a result, imports reached 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 soared to $130K in 2022. Over the period under review, imports, however, saw a deep contraction.

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

1. Italy (2466.0 kg)
2. Peru (110.0 kg)
3. China (70.0 kg)
4. Denmark (66.0 kg)
5. Spain (1.0 kg)

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

For the fourth year in a row, Norway recorded growth in overseas shipments of fine or coarse animal hair, not carded or combed, which increased by 20% to 1 tons in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 59% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of fine or coarse animal hair, not carded or combed shrank to $39K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 300% against the previous year. As a result, the exports attained the peak of $47K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. United States (666.0 kg)
2. Sweden (122.0 kg)
3. Iceland (97.0 kg)
4. Denmark (92.0 kg)
5. Germany (21.0 kg)

Source: IndexBox Market Intelligence Platform