Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in China - 2024

Contents:

1. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in China (FOB) - 2022
2. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in China (CIF) - 2022
3. Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in China
4. Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in China

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in China (FOB) - 2022

In 2022, the average export price for woven fabrics of coarse animal hair or of horsehair amounted to $13,403 per ton, with a decrease of -21.8% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for woven fabrics of coarse animal hair or of horsehair decreased by -22.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 17% against the previous year. As a result, the export price reached the peak level of $17,339 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($36,169 per ton), while the average price for exports to Democratic People's Republic of Korea ($3,100 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 South Korea (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in China (CIF) - 2022

The average import price for woven fabrics of coarse animal hair or of horsehair stood at $18,815 per ton in 2022, dropping by -8.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 39%. The import price peaked at $20,616 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($47,046 per ton), while the price for Japan totaled $17,274 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.6%).

Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in China

Exports of woven fabrics of coarse animal hair or of horsehair from China soared to 191 tons in 2022, growing by 160% on the previous year's figure. Over the period under review, exports recorded a modest increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of woven fabrics of coarse animal hair or of horsehair surged to $2.6M in 2022. In general, exports, however, continue to indicate a mild contraction.

Top Export Markets for Woven Fabrics of Coarse Animal Hair or of Horsehair from China in 2022:

1. Italy (115.5 tons)
2. India (18.8 tons)
3. Japan (17.2 tons)
4. Myanmar (15.3 tons)
5. Democratic People's Republic of Korea (5.4 tons)
6. Bangladesh (5.1 tons)
7. Russia (2.9 tons)
8. Canada (2.1 tons)
9. South Korea (1.3 tons)
10. Vietnam (0.4 tons)
11. Hong Kong SAR (0.2 tons)

Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in China

Imports of woven fabrics of coarse animal hair or of horsehair into China expanded to 10 tons in 2022, surging by 1.5% compared with 2021 figures. Over the period under review, imports, however, showed a deep setback. The growth pace was the most rapid in 2020 with an increase of 87%. As a result, imports reached the peak of 23 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of woven fabrics of coarse animal hair or of horsehair shrank to $193K in 2022. In general, imports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2020 with an increase of 159% against the previous year. As a result, imports attained the peak of $456K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Woven Fabrics of Coarse Animal Hair or of Horsehair to China in 2022:

1. Japan (9.7 tons)
2. Italy (0.3 tons)

Source: IndexBox Market Intelligence Platform