Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the UK - 2023

Contents:

1. Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the UK (CIF) - 2022
2. Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the UK (FOB) - 2022
3. Imports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the UK
4. Exports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the UK

Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the UK (CIF) - 2022

In 2022, the average import price for hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses amounted to $111,236 per ton, rising by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 34% against the previous year. As a result, import price attained the peak level of $113,007 per ton. From 2014 to 2022, the average 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 Hong Kong SAR ($129,474 per ton), while the price for Afghanistan ($23,670 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the UK (FOB) - 2022

The average export price for hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses stood at $91,768 per ton in 2022, with an increase of 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2013 an increase of 22% against the previous year. The export price peaked at $99,767 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 India ($110,966 per ton), while the average price for exports to Germany ($56,214 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 Portugal (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the UK

Imports of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses into the UK soared to 600 tons in 2022, growing by 18% against the previous year. In general, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 91%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses surged to $67M in 2022. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats to the UK in 2022:

1. China (486.9 tons)
2. Mongolia (52.6 tons)
3. Afghanistan (17.5 tons)
4. Iran (13.3 tons)
5. Hong Kong SAR (13.1 tons)

Exports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the UK

In 2022, exports of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses from the UK dropped remarkably to 80 tons, with a decrease of -54.9% on 2021. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 391% against the previous year. As a result, the exports attained the peak of 177 tons, and then contracted rapidly in the following year.

In value terms, exports of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses dropped remarkably to $7.3M in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 408%. As a result, the exports attained the peak of $14M, and then fell remarkably in the following year.

Top Export Markets for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats from the UK in 2022:

1. Italy (63.9 tons)
2. Germany (7.3 tons)
3. Switzerland (3.9 tons)
4. Portugal (1.5 tons)

Source: IndexBox Market Intelligence Platform