Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Bangladesh - 2022
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Bangladesh (CIF) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Bangladesh (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Bangladesh
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Bangladesh
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Bangladesh (CIF) - 2022
The average import price for yarn of carded wool, not put up for retail sale stood at $21,263 per ton in 2022, growing by 8.6% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for yarn of carded wool, not put up for retail sale increased by +69.9% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 31% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 South Korea ($37,041 per ton), while the price for Taiwan (Chinese) ($3,168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Bangladesh (FOB) - 2022
The average export price for yarn of carded wool, not put up for retail sale stood at $5,130 per ton in 2022, shrinking by -53.9% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 119% against the previous year. The export price peaked at $22,110 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 Madagascar ($9,573 per ton), while the average price for exports to Turkey ($561 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 Indonesia (+82.8%), while the prices for the other major destinations experienced a decline.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Bangladesh
In 2022, imports of yarn of carded wool, not put up for retail sale into Bangladesh skyrocketed to 1.1K tons, growing by 61% compared with the previous year's figure. Overall, imports saw a slight increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of yarn of carded wool, not put up for retail sale soared to $23M in 2022. In general, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.1 | 10.1 | 9.4 | 17.4 | 19.9% |
| Italy | 1.8 | 0.8 | 0.9 | 2.6 | 13.0% |
| Hong Kong SAR | 6.1 | 1.0 | 0.9 | 1.6 | -36.0% |
| Mauritius | 1.9 | 1.6 | 1.3 | 0.8 | -25.0% |
| South Korea | 0.2 | 0.2 | 0.5 | 0.6 | 44.2% |
| India | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 20.3 | 14.0 | 13.3 | 23.2 | 4.6% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Bangladesh in 2022:
- China (778.2 tons)
- Italy (152.4 tons)
- Hong Kong SAR (78.1 tons)
- Mauritius (35.7 tons)
- South Korea (16.6 tons)
- India (13.5 tons)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Bangladesh
In 2022, exports of yarn of carded wool, not put up for retail sale from Bangladesh soared to 5 tons, increasing by 53% compared with the previous year's figure. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 464% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of yarn of carded wool, not put up for retail sale fell sharply to $26K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 365% against the previous year. As a result, the exports attained the peak of $36K, and then declined significantly in the following year.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 10.3 | 7.8 | 5.9 | 24.3 | 33.1% |
| Madagascar | N/A | N/A | N/A | 1.3 | 0% |
| Turkey | N/A | N/A | 30.5 | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 10.3 | 7.8 | 36.5 | 25.7 | 35.6% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Bangladesh in 2022:
- Hong Kong SAR (4.8 tons)
- Madagascar (0.1 tons)
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