Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Hong Kong SAR - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Hong Kong SAR (CIF) - 2022
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Hong Kong SAR (FOB) - 2023
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Hong Kong SAR
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Hong Kong SAR
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $31,648 per ton, surging by 23% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. 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 Italy ($38,869 per ton), while the price for China ($22,716 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.6%), 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 Hong Kong SAR (FOB) - 2023
In November 2023, the average export price for yarn of combed wool, not put up for retail sale amounted to $28,784 per ton, surging by 12% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 32% against the previous month. As a result, the export price reached the peak level of $35,516 per ton. From March 2023 to November 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In November 2023, the country with the highest price was China ($28,672 per ton), while the average price for exports to Cambodia ($19,516 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (-0.2%), while the prices for the other major destinations experienced a decline.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Hong Kong SAR
Imports of yarn of combed wool, not put up for retail sale into Hong Kong SAR shrank sharply to 1.5K tons in 2022, which is down by -59.6% against the previous year's figure. Over the period under review, imports recorded a precipitous slump. The smallest decline of -4.1% was in 2021.
In value terms, imports of yarn of combed wool, not put up for retail sale reduced notably to $48M in 2022. In general, imports continue to indicate a dramatic shrinkage. The smallest decline of -4% was in 2021.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 36.3 | 26.8 | 31.5 | 27.9 | -8.4% |
| China | 86.8 | 68.0 | 60.0 | 14.3 | -45.2% |
| Taiwan (Chinese) | 0.8 | 1.1 | N/A | 1.5 | 23.3% |
| Others | 6.6 | 4.1 | 4.4 | 4.1 | -14.7% |
| Total | 131 | 99.9 | 95.9 | 47.9 | -28.5% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Hong Kong SAR in 2022:
- Italy (718.0 tons)
- China (630.1 tons)
- Taiwan (Chinese) (47.5 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Hong Kong SAR
In 2022, approx. 1.7K tons of yarn of combed wool, not put up for retail sale were exported from Hong Kong SAR; declining by -57.9% compared with the year before. In general, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 0.3%.
In value terms, exports of yarn of combed wool, not put up for retail sale contracted significantly to $42M in 2022. Over the period under review, exports recorded a significant decline. The smallest decline of -4.9% was in 2021.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 95.5 | 71.8 | 75.3 | 33.5 | -29.5% |
| Vietnam | 11.8 | 9.7 | 5.1 | 6.2 | -19.3% |
| Cambodia | 0.8 | 2.8 | 1.2 | 1.7 | 28.6% |
| Others | 3.9 | 2.0 | 0.5 | 0.7 | -43.6% |
| Total | 112 | 86.3 | 82.1 | 42.0 | -27.9% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Hong Kong SAR in 2022:
- China (1328.0 tons)
- Vietnam (246.0 tons)
- Cambodia (79.0 tons)
309
This report provides an in-depth analysis of the woolen yarn market in Hong Kong SAR, China.
1790
This report provides an in-depth analysis of the global woolen yarn market.
317
In May 2023, the price of Woolen Yarn was $44,602 per ton (CIF, Hong Kong), showing a decrease of 2.8% compared to the previous month.
851
In value terms, flax yarn imports amounted to $X in 2016. Overall, it indicated a mild increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last...
762
In value terms, yarn of vegetable textile fibres imports totaled $X in 2016. Overall, yarn of vegetable textile fibres imports continue to indicate a relatively flat trend pattern. Over the period u...
1172
In value terms, metallised yarn imports totaled $X in 2016. Overall, metallised yarn imports continue to indicate a relatively flat trend pattern. Global metallised yarn import peaked of $X in X>
936
In value terms, articles of yarn and strip imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some no...
877
In value terms, flax yarn exports amounted to $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...
810
In value terms, yarn of vegetable textile fibres exports totaled $X in 2016. In general, yarn of vegetable textile fibres exports continue to indicate a perceptible setback. Over the period under re...
983
In value terms, metallised yarn exports stood at $X in 2016. Overall, metallised yarn exports continue to indicate a relatively flat trend pattern. Global metallised yarn export peaked of $X in ...
572
In value terms, articles of yarn and strip exports totaled $X in 2016. In general, articles of yarn and strip exports continue to indicate a strong increase. In that year, global articles of yarn a...
