Price for Yarn of Carded Wool, Not Put Up for Retail Sale in China - 2024
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in China (FOB) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in China (CIF) - 2024
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in China
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in China
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in China (FOB) - 2022
The average export price for yarn of carded wool, not put up for retail sale stood at $18,225 per ton in 2022, waning by -8% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 33%. Over the period under review, the average export prices reached the peak figure at $22,040 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($41,532 per ton), while the average price for exports to Indonesia ($5,775 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 Hong Kong SAR (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in China (CIF) - 2024
In December 2023, the average import price for yarn of carded wool, not put up for retail sale amounted to $17,676 per ton, falling by -7.1% against the previous month. Overall, the import price continues to indicate a pronounced decline. The pace of growth was the most pronounced in October 2023 when the average import price increased by 314% against the previous month. As a result, import price attained the peak level of $33,417 per ton. From November 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($137K per ton), while the price for Japan ($30,253 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by South Africa (+115.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in China
In 2022, approx. 6K tons of yarn of carded wool, not put up for retail sale were exported from China; approximately equating 2021. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 14%.
In value terms, exports of yarn of carded wool, not put up for retail sale shrank to $110M in 2022. Overall, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 13%.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 24.2 | 16.7 | 21.3 | 20.9 | -4.8% |
| Bangladesh | 10.2 | 10.2 | 9.6 | 17.5 | 19.7% |
| Hong Kong SAR | 45.0 | 33.1 | 42.4 | 11.2 | -37.1% |
| Thailand | 14.0 | 11.3 | 8.4 | 11.0 | -7.7% |
| Japan | 10.3 | 7.3 | 8.2 | 10.6 | 1.0% |
| Cambodia | 15.3 | 9.4 | 8.3 | 8.4 | -18.1% |
| Nepal | 7.9 | 2.7 | 4.2 | 6.6 | -5.8% |
| South Korea | 3.1 | 3.0 | 3.1 | 4.8 | 15.7% |
| Mongolia | 3.4 | 1.8 | 2.7 | 3.6 | 1.9% |
| Indonesia | 1.3 | 0.9 | 1.1 | 1.9 | 13.5% |
| United Kingdom | 6.6 | N/A | N/A | 0.2 | -68.8% |
| Germany | 8.0 | N/A | N/A | 0.1 | -76.8% |
| Others | 17.8 | 10.2 | 11.1 | 12.9 | -10.2% |
| Total | 167 | 107 | 120 | 110 | -13.0% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from China in 2022:
- Vietnam (1144.4 tons)
- Bangladesh (791.0 tons)
- Thailand (783.6 tons)
- Japan (727.3 tons)
- Hong Kong SAR (445.8 tons)
- Cambodia (435.2 tons)
- Mongolia (345.6 tons)
- Indonesia (323.8 tons)
- South Korea (208.2 tons)
- Nepal (159.5 tons)
- United Kingdom (7.2 tons)
- Germany (7.0 tons)
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in China
In 2022, after three years of growth, there was significant decline in purchases abroad of yarn of carded wool, not put up for retail sale, when their volume decreased by -16.7% to 768 tons. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 47% against the previous year.
In value terms, imports of yarn of carded wool, not put up for retail sale shrank slightly to $20M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 25%.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 7.2 | 6.1 | 11.8 | 13.1 | 22.1% |
| South Korea | 4.3 | 3.9 | 2.9 | 2.6 | -15.4% |
| Japan | 0.9 | 0.8 | 0.9 | 1.0 | 3.6% |
| United Kingdom | 0.1 | 0.2 | 0.4 | 0.7 | 91.3% |
| France | 0.5 | 0.4 | 0.3 | 0.6 | 6.3% |
| Taiwan (Chinese) | 0.4 | 0.6 | 0.4 | 0.2 | -20.6% |
| Iceland | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 0.6 | 5.6 | 4.5 | 2.1 | 51.8% |
| Total | 14.1 | 17.7 | 21.4 | 20.5 | 13.3% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to China in 2022:
- Italy (416.3 tons)
- South Korea (102.4 tons)
- France (35.5 tons)
- Japan (33.5 tons)
- Iceland (24.6 tons)
- United Kingdom (17.5 tons)
- Taiwan (Chinese) (14.6 tons)
687
This report provides an in-depth analysis of the woolen yarn market in China.
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This report provides an in-depth analysis of the woolen yarn market in China.
1800
This report provides an in-depth analysis of the global woolen yarn market.
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