Price for Fine or Coarse Animal Hair, Not Carded or Combed in Peru - 2022

Contents:

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

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

The average export price for fine or coarse animal hair, not carded or combed stood at $23,115 per ton in 2022, surging by 56% against the previous year. Overall, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($82,833 per ton), while the average price for exports to Paraguay ($3,753 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 Paraguay (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for fine or coarse animal hair, not carded or combed stood at $3,437 per ton in 2022, with a decrease of -82.1% against the previous year. Overall, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2018 when the average import price increased by 112%. Over the period under review, average import prices hit record highs at $41,426 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 the United States ($26,418 per ton), while the price for Australia totaled $3,351 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), 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 Peru

In 2022, the amount of fine or coarse animal hair, not carded or combed exported from Peru soared to 398 tons, picking up by 23% compared with the year before. Overall, exports, however, continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 139% against the previous year.

In value terms, exports of fine or coarse animal hair, not carded or combed surged to $9.2M in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 193%. The exports peaked in 2022 and are likely to see steady growth in the near future.

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

1. China (238.6 tons)
2. Bolivia (54.0 tons)
3. Italy (52.8 tons)
4. Hong Kong SAR (16.3 tons)
5. Paraguay (15.8 tons)
6. India (13.4 tons)
7. Germany (2.6 tons)

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

In 2022, imports of fine or coarse animal hair, not carded or combed into Peru surged to 15 tons, rising by 325% on the previous year's figure. Over the period under review, imports enjoyed 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 dropped dramatically to $51K in 2022. Overall, imports, however, saw a abrupt shrinkage. The smallest decline of -12.7% was in 2020.

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

1. Australia (14.8 tons)
2. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform