Price for Yarn of Carded Wool, Not Put Up for Retail Sale in the UK - 2024

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in the UK (CIF) - 2024
  2. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in the UK (FOB) - 2024
  3. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in the UK
  4. Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in the UK

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in the UK (CIF) - 2024

The average import price for yarn of carded wool, not put up for retail sale stood at $8,042 per ton in December 2023, growing by 7.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 29% m-o-m. As a result, import price reached the peak level of $8,917 per ton. From August 2023 to December 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Mauritius ($14,838 per ton), while the price for Portugal ($4,867 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+1.1%), 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 the UK (FOB) - 2024

The average export price for yarn of carded wool, not put up for retail sale stood at $6,966 per ton in December 2023, dropping by -24.8% against the previous month. In general, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in April 2023 an increase of 23% against the previous month. As a result, the export price reached the peak level of $14,161 per ton. From May 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($21,197 per ton), while the average price for exports to Spain ($3,397 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in the UK

In 2022, overseas purchases of yarn of carded wool, not put up for retail sale were finally on the rise to reach 9.5K tons after two years of decline. In general, imports, however, saw a noticeable setback.

In value terms, imports of yarn of carded wool, not put up for retail sale soared to $73M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. 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 the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy28.313.922.231.94.1%
Lithuania2.23.112.717.198.1%
Portugal0.81.22.76.196.8%
Mauritius6.74.54.45.7-5.2%
Turkey3.82.83.64.55.8%
Denmark15.512.58.43.9-36.9%
India1.61.20.81.4-4.4%
Hungary8.24.70.20.5-60.6%
Spain2.916.62.90.2-59.0%
Others1.31.40.21.79.4%
Total71.361.958.173.00.8%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to the UK in 2022:

  1. Italy (3224.2 tons)
  2. Lithuania (3090.6 tons)
  3. Portugal (1230.5 tons)
  4. Denmark (611.7 tons)
  5. Mauritius (410.9 tons)
  6. Turkey (372.6 tons)
  7. India (296.9 tons)
  8. Hungary (84.5 tons)
  9. Spain (19.0 tons)

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in the UK

After two years of decline, overseas shipments of yarn of carded wool, not put up for retail sale increased by 20% to 2.7K tons in 2022. In general, exports, however, faced a significant decline.

In value terms, exports of yarn of carded wool, not put up for retail sale rose markedly to $29M in 2022. Over the period under review, exports, however, showed a drastic downturn.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4.12.63.25.49.6%
Ireland11.65.72.93.2-34.9%
United States2.91.52.92.8-1.2%
Italy2.41.83.12.40.0%
Poland9.44.11.41.8-42.4%
Netherlands0.30.52.31.674.7%
Spain0.70.60.91.219.7%
AustraliaN/AN/A0.40.9125.0%
Denmark0.50.81.10.921.6%
Norway0.60.20.40.5-5.9%
Portugal11.24.80.30.4-67.1%
Others9.36.67.77.5-6.9%
Total52.929.226.528.7-18.4%

Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from the UK in 2022:

  1. Belgium (683.1 tons)
  2. United States (432.9 tons)
  3. Ireland (281.8 tons)
  4. Netherlands (218.4 tons)
  5. Poland (201.2 tons)
  6. Denmark (169.6 tons)
  7. Spain (129.1 tons)
  8. Australia (105.1 tons)
  9. Italy (73.9 tons)
  10. Norway (43.9 tons)
  11. Portugal (34.3 tons)

Source: IndexBox Market Intelligence Platform

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