Price for Yarn of Carded Wool, Not Put Up for Retail Sale in South Africa - 2024
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in South Africa (CIF) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in South Africa (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in South Africa
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in South Africa
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in South Africa (CIF) - 2022
In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $7,635 per ton, rising by 33% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 60%. Over the period under review, average import prices hit record highs at $13,929 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 China ($9,848 per ton), while the price for India ($4,582 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in South Africa (FOB) - 2022
The average export price for yarn of carded wool, not put up for retail sale stood at $8,308 per ton in 2022, which is down by -44.5% against the previous year. In general, the export price, however, saw a moderate increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 179% against the previous year. As a result, the export price reached the peak level of $14,983 per ton, and then shrank dramatically in the following year.
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 the UK ($25,750 per ton), while the average price for exports to Malawi ($3,057 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 the UK (+19.1%), while the prices for the other major destinations experienced a decline.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in South Africa
Imports of yarn of carded wool, not put up for retail sale into South Africa reduced rapidly to 170 tons in 2022, waning by -42.9% on the previous year. Overall, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 9.1%.
In value terms, imports of yarn of carded wool, not put up for retail sale declined remarkably to $1.3M in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2,632 | 897 | 1,535 | 1,102 | -25.2% |
| China | 84.3 | 51.5 | 169 | 172 | 26.8% |
| India | N/A | 14.7 | N/A | 20.7 | 18.7% |
| Others | 44.6 | 15.3 | 4.0 | 7.1 | -45.8% |
| Total | 2,761 | 978 | 1,708 | 1,301 | -22.2% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to South Africa in 2022:
- Turkey (146.2 tons)
- China (17.5 tons)
- India (4.5 tons)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in South Africa
In 2022, the amount of yarn of carded wool, not put up for retail sale exported from South Africa surged to 8.5 tons, rising by 171% on the previous year's figure. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of yarn of carded wool, not put up for retail sale surged to $70K in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 80% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 34.3 | 28.9 | -15.7% |
| Botswana | 6.0 | 15.5 | 1.6 | 17.0 | 41.5% |
| Lesotho | 6.9 | 0.1 | 1.9 | 5.9 | -5.1% |
| Swaziland | 2.5 | 4.6 | 4.2 | 4.1 | 17.9% |
| Namibia | 0.3 | 4.7 | 3.1 | 3.9 | 135.1% |
| Malawi | N/A | N/A | N/A | 1.8 | 0% |
| Mozambique | 0.1 | 0.2 | 0.2 | 1.4 | 141.0% |
| Others | 0.4 | 1.0 | 1.6 | 7.3 | 163.3% |
| Total | 16.2 | 26.0 | 46.9 | 70.5 | 63.3% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from South Africa in 2022:
- Botswana (4.0 tons)
- Lesotho (1.3 tons)
- United Kingdom (1.1 tons)
- Malawi (0.6 tons)
- Swaziland (0.5 tons)
- Mozambique (0.4 tons)
- Namibia (0.3 tons)
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This report provides an in-depth analysis of the woolen yarn market in South Africa.
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This report provides an in-depth analysis of the global woolen yarn market.
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This report provides an in-depth analysis of the woolen yarn market in South Africa.
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This report provides an in-depth analysis of the global woolen yarn market.
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