Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Vietnam - 2022

Contents:

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

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

The average export price for woven fabrics of coarse animal hair or of horsehair stood at $8,768 per ton in 2022, dropping by -8.2% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 -38.7% against 2015 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 140%. The export price peaked at $14,301 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($9,457 per ton), while the average price for exports to Malaysia stood at $8,213 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+9.1%), while the prices for the other major destinations experienced a decline.

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

The average import price for woven fabrics of coarse animal hair or of horsehair stood at $12,747 per ton in 2022, dropping by -5.3% against the previous year. Over the period under review, the import price showed a noticeable descent. The pace of growth appeared the most rapid in 2019 an increase of 62%. Over the period under review, average import prices attained the peak figure at $15,636 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($29,045 per ton), while the price for Hong Kong SAR ($2,708 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of woven fabrics of coarse animal hair or of horsehair from Vietnam soared to 16 tons, picking up by 20% on the previous year. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 87%. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of woven fabrics of coarse animal hair or of horsehair amounted to $137K in 2022. Over the period under review, exports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. As a result, the exports reached the peak of $276K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Woven Fabrics of Coarse Animal Hair or of Horsehair in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia14124189.671.0-20.4%
Indonesia11.934.734.465.476.5%
OthersN/AN/AN/A0.30%
Total153276124137-3.6%

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

  1. Malaysia (8.7 tons)
  2. Indonesia (6.9 tons)

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

In 2022, the amount of woven fabrics of coarse animal hair or of horsehair imported into Vietnam skyrocketed to 3.2 tons, picking up by 72% against the previous year's figure. In general, imports, however, faced a deep slump.

In value terms, imports of woven fabrics of coarse animal hair or of horsehair skyrocketed to $40K in 2022. Overall, imports, however, faced a abrupt decrease.

Import of Woven Fabrics of Coarse Animal Hair or of Horsehair in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.624.03.610.1156.3%
China51.743.118.18.5-45.2%
Thailand1.14.41.16.883.5%
United States0.41.80.53.7109.9%
Japan1.03.40.73.551.8%
United Kingdom0.41.70.42.891.3%
Hong Kong SAR0.30.20.20.626.0%
Others0.51.50.24.5108.0%
Total56.180.224.840.5-10.3%

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

  1. Japan (845.0 kg)
  2. South Korea (691.0 kg)
  3. Thailand (631.0 kg)
  4. United States (301.0 kg)
  5. China (292.0 kg)
  6. Hong Kong SAR (212.0 kg)
  7. United Kingdom (127.0 kg)

Source: IndexBox Market Intelligence Platform

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