Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in China - 2024
Contents:
- Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in China (FOB) - 2024
- Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in China (CIF) - 2024
- Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in China
- Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in China
Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in China (FOB) - 2024
The average export price for yarn; of fine animal hair, carded, not put up for retail sale stood at $92,254 per ton in December 2023, falling by -7.4% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 7.4% month-to-month. The export price peaked at $110K per ton in April 2023; however, from May 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Vietnam ($126K per ton), while the average price for exports to Germany ($46,818 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in China (CIF) - 2024
The average import price for yarn; of fine animal hair, carded, not put up for retail sale stood at $111K per ton in December 2023, with a decrease of -25.7% against the previous month. In general, the import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 151% month-to-month. As a result, import price reached the peak level of $149K per ton, and then contracted dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($162K per ton), while the price for South Korea ($48,250 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in China
In 2022, exports of yarn; of fine animal hair, carded, not put up for retail sale from China declined remarkably to 3K tons, which is down by -24.7% against the previous year's figure. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of 4K tons, and then fell remarkably in the following year.
In value terms, exports of yarn; of fine animal hair, carded, not put up for retail sale dropped to $347M in 2022. Overall, exports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of $404M, and then reduced in the following year.
| Export of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 47.7 | 37.6 | 40.8 | 57.7 | 6.5% |
| Vietnam | 38.1 | 24.4 | 17.6 | 43.2 | 4.3% |
| Hong Kong SAR | 104 | 68.8 | 95.6 | 38.1 | -28.4% |
| Ghana | N/A | N/A | 1.0 | 31.9 | 3090.0% |
| Madagascar | 67.3 | 49.5 | 44.0 | 31.6 | -22.3% |
| Kazakhstan | 0.6 | 3.5 | 69.9 | 30.6 | 270.8% |
| Italy | 18.3 | 6.6 | 11.3 | 26.0 | 12.4% |
| Nepal | 15.0 | 8.2 | 14.8 | 16.6 | 3.4% |
| Bangladesh | 11.8 | 9.9 | 10.7 | 11.6 | -0.6% |
| United Kingdom | 9.9 | 5.2 | 2.9 | 9.9 | 0.0% |
| Uzbekistan | N/A | 0.3 | N/A | 9.1 | 450.8% |
| Japan | 5.0 | 2.1 | 2.9 | 8.0 | 17.0% |
| Kyrgyzstan | 4.5 | 29.3 | 52.1 | 7.2 | 17.0% |
| Others | 68.0 | 43.1 | 40.2 | 25.5 | -27.9% |
| Total | 390 | 289 | 404 | 347 | -3.8% |
Top Export Markets for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale from China in 2022:
- Cambodia (477.7 tons)
- Vietnam (357.1 tons)
- Ghana (352.0 tons)
- Kazakhstan (324.0 tons)
- Hong Kong SAR (287.3 tons)
- Italy (209.5 tons)
- Madagascar (209.3 tons)
- Nepal (123.8 tons)
- Bangladesh (95.9 tons)
- Uzbekistan (91.1 tons)
- United Kingdom (82.5 tons)
- Kyrgyzstan (73.4 tons)
- Japan (69.1 tons)
Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in China
In 2022, overseas purchases of yarn; of fine animal hair, carded, not put up for retail sale decreased by -69.3% to 197 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 194%.
In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale contracted rapidly to $16M in 2022. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 162%.
| Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.4 | 5.7 | 10.5 | 10.4 | 7.4% |
| United Kingdom | 0.5 | 0.4 | 1.0 | 0.6 | 6.3% |
| South Korea | 0.5 | 0.3 | 0.9 | 0.5 | 0.0% |
| Peru | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Japan | 0.7 | 0.2 | 0.3 | 0.2 | -34.1% |
| Taiwan (Chinese) | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
| Others | 0.1 | 21.0 | 30.9 | 4.2 | 247.6% |
| Total | 10.7 | 28.0 | 43.9 | 16.4 | 15.3% |
Top Suppliers of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale to China in 2022:
- Italy (98.2 tons)
- South Korea (13.5 tons)
- Peru (5.8 tons)
- Japan (4.0 tons)
- United Kingdom (3.1 tons)
- Taiwan (Chinese) (1.2 tons)
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