Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Belgium - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Belgium (CIF) - 2023
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Belgium (FOB) - 2023
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Belgium
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Belgium
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Belgium (CIF) - 2023
The average import price for yarn of combed wool, not put up for retail sale stood at $6,408 per ton in December 2023, dropping by -66.1% against the previous month. Overall, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in September 2023 an increase of 66% m-o-m. The import price peaked at $24,664 per ton in July 2023; however, from August 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($47,670 per ton), while the price for China ($5,752 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Belgium (FOB) - 2023
The average export price for yarn of combed wool, not put up for retail sale stood at $13,430 per ton in December 2023, declining by -52.1% against the previous month. Overall, the export price saw a drastic downturn. The growth pace was the most rapid in November 2023 an increase of 163% m-o-m. As a result, the export price attained the peak level of $28,051 per ton, and then reduced rapidly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($69,965 per ton), while the average price for exports to Spain ($4,982 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.7%), 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 Belgium
In 2022, approx. 817 tons of yarn of combed wool, not put up for retail sale were imported into Belgium; growing by 19% against the previous year's figure. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.8% 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 +76.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 43% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of yarn of combed wool, not put up for retail sale surged to $11M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.2 | 4.7 | 3.3 | 4.8 | 4.6% |
| Italy | 2.0 | 2.2 | 3.1 | 3.1 | 15.7% |
| China | 0.1 | 0.5 | 1.0 | 1.1 | 122.4% |
| India | 0.3 | 0.5 | 0.2 | 0.9 | 44.2% |
| France | 0.2 | 0.3 | 0.7 | 0.4 | 26.0% |
| Portugal | 0.1 | N/A | 0.2 | 0.3 | 44.2% |
| Thailand | 0.7 | 0.5 | N/A | N/A | -28.6% |
| Others | 0.2 | 0.5 | 0.2 | 0.3 | 14.5% |
| Total | 7.9 | 9.2 | 8.7 | 10.9 | 11.3% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Belgium in 2022:
- Germany (276.5 tons)
- China (202.4 tons)
- Italy (168.5 tons)
- India (97.0 tons)
- Portugal (36.5 tons)
- France (17.3 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Belgium
In 2022, exports of yarn of combed wool, not put up for retail sale from Belgium skyrocketed to 258 tons, jumping by 20% compared with 2021. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 58%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of yarn of combed wool, not put up for retail sale rose sharply to $4.8M in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 55.9 | 208 | 688 | 1,578 | 204.5% |
| France | 977 | 843 | 1,930 | 1,223 | 7.8% |
| Portugal | 485 | 424 | 659 | 817 | 19.0% |
| Spain | 158 | 462 | 387 | 360 | 31.6% |
| Germany | 303 | 20.8 | 70.0 | 282 | -2.4% |
| Italy | 109 | 19.4 | 68.3 | 212 | 24.8% |
| Guatemala | 18.7 | 7.8 | 26.4 | 65.1 | 51.6% |
| Netherlands | 26.6 | 94.9 | 208 | 53.4 | 26.1% |
| Others | 167 | 253 | 207 | 166 | -0.2% |
| Total | 2,300 | 2,333 | 4,244 | 4,757 | 27.4% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Belgium in 2022:
- Romania (100.0 tons)
- France (50.4 tons)
- Portugal (45.2 tons)
- Spain (28.8 tons)
- Italy (9.0 tons)
- Germany (7.9 tons)
- Guatemala (4.4 tons)
- Netherlands (4.2 tons)
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This report provides an in-depth analysis of the woolen yarn market in Belgium.
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This report provides an in-depth analysis of the global woolen yarn market.
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