Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Belarus - 2022
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Belarus (CIF) - 2022
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Belarus (FOB) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Belarus
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Belarus
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Belarus (CIF) - 2022
In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $20,251 per ton, jumping by 48% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 combed wool, not put up for retail sale increased by +76.6% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($30,286 per ton), while the price for Germany ($15,144 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Belarus (FOB) - 2022
The average export price for yarn of combed wool, not put up for retail sale stood at $8,695 per ton in 2022, surging by 67% against the previous year. Overall, the export price, however, continues to indicate a mild slump. Over the period under review, the average export prices hit record highs at $9,836 per ton in 2016; however, from 2017 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 Latvia ($20,542 per ton), while the average price for exports to Lithuania totaled $5,907 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Belarus
In 2022, supplies from abroad of yarn of combed wool, not put up for retail sale decreased by -60.7% to 25 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 6.8% against the previous year. As a result, imports reached the peak of 112 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of yarn of combed wool, not put up for retail sale reduced remarkably to $497K in 2022. Overall, imports faced a significant decline. The most prominent rate of growth was recorded in 2020 when imports increased by 7%. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 72.5 | 12.6 | 228 | 218 | 44.3% |
Germany | 969 | 1,062 | 388 | 200 | -40.9% |
Bulgaria | 1.7 | 5.9 | 26.4 | 50.5 | 209.7% |
Italy | 136 | 143 | 209 | 26.2 | -42.2% |
Russia | 23.5 | 68.6 | 0.6 | N/A | -84.0% |
Others | 5.4 | 0.3 | 1.6 | 2.2 | -25.9% |
Total | 1,208 | 1,292 | 853 | 497 | -25.6% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Belarus in 2022:
- Germany (13.2 tons)
- Lithuania (8.6 tons)
- Bulgaria (1.7 tons)
- Italy (0.9 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Belarus
In 2022, overseas shipments of yarn of combed wool, not put up for retail sale decreased by -38.3% to 39 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 26%. As a result, the exports reached the peak of 74 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of yarn of combed wool, not put up for retail sale expanded slightly to $335K in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 9.8%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 26.5 | 106 | N/A | 184 | 90.8% |
Latvia | 16.3 | 20.3 | 15.7 | 151 | 110.0% |
Russia | 215 | 201 | 289 | N/A | 15.9% |
Others | 41.2 | N/A | 20.4 | N/A | -29.6% |
Total | 299 | 328 | 325 | 335 | 3.9% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Belarus in 2022:
- Lithuania (31.2 tons)
- Latvia (7.3 tons)
This report provides an in-depth analysis of the woolen yarn market in Belarus.
This report provides an in-depth analysis of the global woolen yarn market.
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