Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Vietnam - 2022
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Vietnam (CIF) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Vietnam (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Vietnam
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Vietnam
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Vietnam (CIF) - 2022
The average import price for yarn of carded wool, not put up for retail sale stood at $21,173 per ton in December 2022, with a decrease of -27.3% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 36% month-to-month. As a result, import price reached the peak level of $29,122 per ton, and then contracted notably in the following month.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was China ($22,840 per ton), while the price for India ($16,834 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.7%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $18,514 per ton, with an increase of 10% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 59%. The export price peaked at $27,841 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($165,875 per ton), while the average price for exports to South Korea ($6,860 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 Malaysia (+41.1%), while the prices for the other major destinations experienced a decline.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Vietnam
After three years of growth, supplies from abroad of yarn of carded wool, not put up for retail sale decreased by -1.8% to 1.6K tons in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 696%.
In value terms, imports of yarn of carded wool, not put up for retail sale stood at $30M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 807%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 1.9 | 17.1 | 23.3 | 19.7 | 118.1% |
| China | 0.3 | 3.2 | 2.2 | 3.8 | 133.1% |
| South Korea | 0.1 | 1.0 | 0.7 | 2.9 | 207.2% |
| Taiwan (Chinese) | 0.1 | 1.3 | 1.1 | 0.9 | 108.0% |
| Bulgaria | N/A | 0.4 | 0.7 | 0.7 | 32.3% |
| France | N/A | 0.2 | 0.6 | 0.6 | 73.2% |
| Others | 0.2 | 1.1 | 0.8 | 1.2 | 81.7% |
| Total | 2.7 | 24.4 | 29.4 | 29.8 | 122.6% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Vietnam in 2022:
- Hong Kong SAR (1133.4 tons)
- China (179.0 tons)
- South Korea (131.3 tons)
- Bulgaria (47.1 tons)
- France (39.6 tons)
- Taiwan (Chinese) (26.8 tons)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Vietnam
For the fourth consecutive year, Vietnam recorded growth in shipments abroad of yarn of carded wool, not put up for retail sale, which increased by 81% to 8.4 tons in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 275% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, exports of yarn of carded wool, not put up for retail sale skyrocketed to $156K in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 238%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 9.3 | 26.4 | 18.6 | 67.5 | 93.6% |
| Madagascar | N/A | N/A | N/A | 44.0 | 0% |
| Malaysia | 1.0 | 7.0 | 28.3 | 19.9 | 171.0% |
| Hong Kong SAR | 0.2 | 3.2 | 17.6 | 11.0 | 280.3% |
| Italy | 0.4 | N/A | N/A | 7.0 | 159.6% |
| South Korea | 0.1 | 1.6 | 10.4 | 4.0 | 242.0% |
| China | 0.3 | 1.0 | 3.4 | 1.8 | 81.7% |
| Others | 0.4 | N/A | 0.1 | 0.8 | 26.0% |
| Total | 11.6 | 39.3 | 78.4 | 156 | 137.8% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Vietnam in 2022:
- Indonesia (3.4 tons)
- Madagascar (2.8 tons)
- Hong Kong SAR (1.0 tons)
- South Korea (0.6 tons)
- Italy (0.4 tons)
- China (0.2 tons)
- Malaysia (0.1 tons)
460
This report provides an in-depth analysis of the woolen yarn market in Vietnam.
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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 Vietnam.
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This report provides an in-depth analysis of the global woolen yarn market.
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