Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Russia - 2022

Contents:

  1. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Russia (CIF) - 2022
  2. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Russia (FOB) - 2022
  3. Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Russia
  4. Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Russia

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Russia (CIF) - 2022

In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $25,554 per ton, jumping by 16% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 +21.2% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 43% against the previous year. Over the period under review, average import prices reached the peak figure at $25,652 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($36,273 per ton), while the price for Turkey ($17,438 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.3%), 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 Russia (FOB) - 2022

In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $16,429 per ton, increasing by 78% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for yarn of combed wool, not put up for retail sale increased by +84.8% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($23,208 per ton), while the average price for exports to Kazakhstan ($9,563 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 Belarus (+5.0%), 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 Russia

In 2022, after three years of growth, there was significant decline in purchases abroad of yarn of combed wool, not put up for retail sale, when their volume decreased by -23.9% to 202 tons. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 5.1%. As a result, imports attained the peak of 265 tons, and then declined rapidly in the following year.

In value terms, imports of yarn of combed wool, not put up for retail sale fell to $5.2M in 2022. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 9.4%.

Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China86678647.32,28138.1%
Italy2,1192,1002,777973-22.9%
Lithuania607616761523-4.8%
Germany511170226361-10.9%
Czech Republic55.168481129474.7%
Turkey1.31.40.7214448.1%
Bulgaria78.230.513312617.2%
Austria68193.835525.3-66.6%
Belarus334412449N/A15.9%
Others1,060418252355-30.6%
Total6,3135,3125,8115,154-6.5%

Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Russia in 2022:

  1. China (91.8 tons)
  2. Italy (40.6 tons)
  3. Lithuania (21.9 tons)
  4. Germany (14.9 tons)
  5. Turkey (12.3 tons)
  6. Czech Republic (8.1 tons)
  7. Bulgaria (4.4 tons)
  8. Austria (1.0 tons)

Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Russia

In 2022, overseas shipments of yarn of combed wool, not put up for retail sale decreased by -74.8% to 3 tons, falling for the second consecutive year after two years of growth. In general, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 54% against the previous year. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of yarn of combed wool, not put up for retail sale fell sharply to $50K in 2022. Over the period under review, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, the exports attained the peak of $140K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus95.912613.430.5-31.7%
TurkeyN/AN/AN/A19.00%
Kazakhstan15.71.595.90.3-73.3%
OthersN/A12.41.3N/A-89.5%
Total11214011149.8-23.7%

Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Russia in 2022:

  1. Belarus (2179.0 kg)
  2. Turkey (818.0 kg)
  3. Kazakhstan (32.0 kg)

Source: IndexBox Market Intelligence Platform

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