Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Egypt - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Egypt (CIF) - 2022
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Egypt (FOB) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Egypt
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Egypt
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Egypt (CIF) - 2022
The average import price for yarn of combed wool, not put up for retail sale stood at $22,765 per ton in 2022, rising by 2.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 35% against the previous year. The import price peaked at $22,810 per ton in 2020; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($23,601 per ton), while the price for Italy amounted to $21,805 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+24.3%), 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 Egypt (FOB) - 2022
The average export price for yarn of combed wool, not put up for retail sale stood at $22,955 per ton in 2022, which is down by -4.5% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the average export price increased by 42% against the previous year. The export price peaked at $24,449 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($22,958 per ton), while the average price for exports to Syrian Arab Republic ($22,954 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 United States (+83.4%), 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 Egypt
In 2022, approx. 75 tons of yarn of combed wool, not put up for retail sale were imported into Egypt; jumping by 1,050% compared with the previous year. Overall, imports, however, saw a slight setback.
In value terms, imports of yarn of combed wool, not put up for retail sale skyrocketed to $1.7M in 2022. In general, imports recorded measured growth.
Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 363 | 520 | 1.9 | 942 | 37.4% |
Italy | 1,166 | 2,396 | 111 | 760 | -13.3% |
Others | 26.3 | 12.8 | 32.6 | 4.6 | -44.1% |
Total | 1,555 | 2,929 | 145 | 1,706 | 3.1% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Egypt in 2022:
- India (39.9 tons)
- Italy (34.9 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Egypt
In 2022, exports of yarn of combed wool, not put up for retail sale from Egypt skyrocketed to 21 tons, increasing by 429% on the year before. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 562%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of yarn of combed wool, not put up for retail sale soared to $472K in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 542%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Syrian Arab Republic | N/A | N/A | 89.1 | 284 | 218.7% |
Turkey | N/A | N/A | 4.3 | 106 | 2365.1% |
Iraq | N/A | N/A | N/A | 82.3 | 0% |
Lebanon | 18.1 | N/A | N/A | N/A | 0% |
United Arab Emirates | N/A | 116 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 18.1 | 116 | 93.4 | 472 | 196.5% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Egypt in 2022:
- Syrian Arab Republic (12.4 tons)
- Turkey (4.6 tons)
- Iraq (3.6 tons)
This report provides an in-depth analysis of the woolen yarn market in Egypt.
This report provides an in-depth analysis of the global woolen yarn market.
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