Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the UK - 2024

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the UK (FOB) - 2024
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the UK (CIF) - 2024
  3. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the UK
  4. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the UK

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the UK (FOB) - 2024

The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $10.8 per square meter in December 2023, dropping by -14.8% against the previous month. Overall, the export price recorded a slight slump. The most prominent rate of growth was recorded in April 2023 an increase of 36% month-to-month. The export price peaked at $16.6 per square meter in June 2023; however, from July 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Italy ($51.0 per square meter), while the average price for exports to Ireland ($3.8 per square meter) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the UK (CIF) - 2024

The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $9.8 per square meter in December 2023, falling by -10.8% against the previous month. Overall, the import price recorded a slight setback. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 71% month-to-month. Over the period under review, average import prices attained the peak figure at $14.0 per square meter in July 2023; however, from August 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($31.2 per square meter), while the price for India ($3.3 per square meter) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Ireland (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the UK

Exports of woven fabrics of carded wool or of carded fine animal hair from the UK expanded rapidly to 8.6M square meters in 2022, surging by 14% on the previous year's figure. Overall, exports, however, continue to indicate a pronounced descent. The exports peaked at 9.3M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair rose significantly to $96M in 2022. In general, exports, however, showed a perceptible contraction. The exports peaked at $109M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark11.37.59.515.511.1%
China9.89.411.912.99.6%
Germany4.35.78.68.324.5%
Thailand9.16.38.68.2-3.4%
United States8.15.67.08.10.0%
Italy9.111.76.56.4-11.1%
Philippines5.24.14.05.0-1.3%
France6.34.52.33.2-20.2%
South Korea2.82.03.13.24.6%
Hong Kong SAR3.12.92.32.3-9.5%
Portugal2.11.41.82.10.0%
Poland3.02.41.71.3-24.3%
Ireland5.82.90.50.6-53.1%
Others29.021.216.618.8-13.5%
Total10987.584.495.9-4.2%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from the UK in 2022:

  1. Denmark (1491.6K square meters)
  2. Thailand (1368.7K square meters)
  3. China (1235.1K square meters)
  4. Philippines (1097.9K square meters)
  5. Germany (805.1K square meters)
  6. United States (587.2K square meters)
  7. Italy (227.2K square meters)
  8. South Korea (140.7K square meters)
  9. Portugal (129.9K square meters)
  10. Ireland (126.6K square meters)
  11. Hong Kong SAR (111.9K square meters)
  12. France (97.2K square meters)
  13. Poland (84.9K square meters)

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the UK

In 2022, imports of woven fabrics of carded wool or of carded fine animal hair into the UK stood at 2.5M square meters, picking up by 14% against the previous year. Over the period under review, imports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Imports peaked at 2.8M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair shrank sharply to $19M in 2022. In general, imports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 112% against the previous year. Imports peaked at $26M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.34.05.59.722.3%
LatviaN/AN/AN/A1.90%
India1.60.91.91.72.0%
Bulgaria1.00.20.20.8-7.2%
Ireland4.92.210.80.6-50.3%
Lithuania0.30.10.10.518.6%
Mexico0.20.10.20.314.5%
Germany8.20.50.40.2-71.0%
United Arab EmiratesN/AN/AN/A0.10%
Denmark1.40.81.90.1-58.5%
Others3.62.22.32.8-8.0%
Total26.411.023.318.7-10.9%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to the UK in 2022:

  1. Italy (1150.5K square meters)
  2. India (688.1K square meters)
  3. Bulgaria (172.3K square meters)
  4. Lithuania (100.6K square meters)
  5. Ireland (85.6K square meters)
  6. Latvia (56.5K square meters)
  7. United Arab Emirates (46.7K square meters)
  8. Mexico (43.5K square meters)
  9. Germany (11.6K square meters)
  10. Denmark (6.0K square meters)

Source: IndexBox Market Intelligence Platform

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