Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Spain - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Spain (FOB) - 2023
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Spain (CIF) - 2023
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Spain
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Spain
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Spain (FOB) - 2023
In December 2023, the average export price for yarn of combed wool, not put up for retail sale amounted to $7,418 per ton, remaining stable against the previous month. Overall, export price indicated prominent growth from December 2022 to December 2023: its price increased at an average monthly rate of +6.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for yarn of combed wool, not put up for retail sale increased by +20.9% against October 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 91% m-o-m. The export price peaked at $9,755 per ton in March 2023; however, from April 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($23,111 per ton), while the average price for exports to the UK ($1,981 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 Romania (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Spain (CIF) - 2023
The average import price for yarn of combed wool, not put up for retail sale stood at $30,477 per ton in December 2023, increasing by 16% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 348% against the previous month. The import price peaked in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($38,048 per ton), while the price for India ($15,143 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 India (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Spain
In 2022, exports of yarn of combed wool, not put up for retail sale from Spain expanded significantly to 1.3K tons, growing by 12% compared with the previous year's figure. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, exports of yarn of combed wool, not put up for retail sale rose rapidly to $7.9M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +108.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 83%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | N/A | 0.4 | 1.2 | 2.4 | 144.9% |
| United Kingdom | 1.6 | 1.4 | 2.1 | 1.9 | 5.9% |
| Norway | 2.2 | 0.5 | 0.9 | 1.3 | -16.1% |
| Portugal | 0.4 | 0.4 | 0.6 | 0.8 | 26.0% |
| Ireland | 1.6 | 0.6 | 1.4 | 0.7 | -24.1% |
| Lithuania | 0.3 | N/A | 0.1 | 0.2 | -12.6% |
| Others | 0.6 | 0.5 | 0.6 | 0.5 | -5.9% |
| Total | 6.7 | 3.8 | 6.9 | 7.9 | 5.6% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Spain in 2022:
- United Kingdom (689.1 tons)
- Norway (147.2 tons)
- Ethiopia (141.4 tons)
- Ireland (111.3 tons)
- Portugal (105.7 tons)
- Lithuania (21.5 tons)
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Spain
In 2022, purchases abroad of yarn of combed wool, not put up for retail sale decreased by -25.5% to 277 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 7.9% against the previous year. As a result, imports reached the peak of 446 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of yarn of combed wool, not put up for retail sale shrank remarkably to $5.6M in 2022. Overall, imports saw a pronounced reduction. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,775 | 5,078 | 5,868 | 3,854 | 11.6% |
| Austria | 104 | 993 | 736 | 550 | 74.2% |
| India | 421 | 243 | 301 | 304 | -10.3% |
| Belgium | 181 | 409 | 372 | 222 | 7.0% |
| Czech Republic | 87.5 | 0.2 | 290 | 169 | 24.5% |
| Romania | 0.2 | 6.9 | 17.2 | 163 | 834.1% |
| Bulgaria | 10.9 | 36.6 | 53.0 | 149 | 139.1% |
| Germany | 1,698 | 250 | 199 | 58.2 | -67.5% |
| Portugal | 207 | 245 | 116 | 13.2 | -60.0% |
| China | 300 | 0.7 | 17.9 | 4.0 | -76.3% |
| Others | 188 | 166 | 231 | 64.5 | -30.0% |
| Total | 5,973 | 7,428 | 8,201 | 5,551 | -2.4% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Spain in 2022:
- Italy (186.0 tons)
- India (32.4 tons)
- Belgium (18.5 tons)
- Austria (17.7 tons)
- Czech Republic (6.3 tons)
- Romania (5.8 tons)
- Bulgaria (5.4 tons)
- Germany (1.9 tons)
- Portugal (1.1 tons)
- China (0.3 tons)
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