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

Contents:

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

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

The average import price for fine or coarse animal hair, not carded or combed stood at $8,510 per ton in 2022, declining by -26.1% against the previous year. In general, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 94% against the previous year. Over the period under review, average import prices reached the peak figure at $45,267 per ton in 2013; however, from 2014 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 Taiwan (Chinese) ($11,621 per ton), while the price for the United States ($1,875 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for fine or coarse animal hair, not carded or combed stood at $11,100 per ton in 2022, growing by 61% against the previous year. In general, the export price, however, recorded a deep reduction. Over the period under review, the average export prices attained the maximum at $36,798 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +115.7% per year.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of fine or coarse animal hair, not carded or combed, when their volume increased by 21% to 2.9 tons. Overall, imports, however, faced a sharp reduction.

In value terms, imports of fine or coarse animal hair, not carded or combed dropped to $24K in 2022. In general, imports, however, continue to indicate a significant curtailment.

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

1. Taiwan (Chinese) (1519.0 kg)
2. United States (632.0 kg)
3. South Korea (461.0 kg)
4. China (235.0 kg)

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

In 2022, exports of fine or coarse animal hair, not carded or combed from Vietnam reduced modestly to 1.4 tons, waning by -2.4% against the previous year's figure. Over the period under review, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 353% against the previous year.

In value terms, exports of fine or coarse animal hair, not carded or combed soared to $15K in 2022. Overall, exports recorded a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 132% against the previous year.

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

1. China (1.4 tons)

Source: IndexBox Market Intelligence Platform