Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Hong Kong SAR - 2023
Contents:
- Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Hong Kong SAR (CIF) - 2023
- Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Hong Kong SAR (FOB) - 2023
- Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Hong Kong SAR
- Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Hong Kong SAR
Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Hong Kong SAR (CIF) - 2023
The average import price for yarn; of fine animal hair, carded, not put up for retail sale stood at $84,343 per ton in November 2023, dropping by -18.4% against the previous month. Overall, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in October 2023 an increase of 37% month-to-month. Over the period under review, average import prices hit record highs at $178K per ton in January 2023; however, from February 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($201K per ton), while the price for Mongolia ($9,891 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Peru (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Hong Kong SAR (FOB) - 2023
In November 2023, the average export price for yarn; of fine animal hair, carded, not put up for retail sale amounted to $120K per ton, growing by 12% against the previous month. Over the period under review, the export price, however, continues to indicate a noticeable reduction. The growth pace was the most rapid in October 2023 when the average export price increased by 130% against the previous month. The export price peaked at $166K per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was China ($125K per ton), while the average price for exports to Vietnam ($60,665 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-0.0%), while the prices for the other major destinations experienced a decline.
Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Hong Kong SAR
In 2022, imports of yarn; of fine animal hair, carded, not put up for retail sale into Hong Kong SAR fell markedly to 143 tons, declining by -69.3% compared with 2021 figures. Overall, imports showed a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 4.4%.
In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale dropped significantly to $18M in 2022. Over the period under review, imports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 18%.
| Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.2 | 35.7 | 40.3 | 10.6 | -39.6% |
| Italy | 10.2 | 6.8 | 9.3 | 6.7 | -13.1% |
| Taiwan (Chinese) | 0.1 | 0.2 | 0.6 | 0.2 | 26.0% |
| Others | 0.8 | 0.6 | 0.7 | 0.7 | -4.4% |
| Total | 59.4 | 43.3 | 50.9 | 18.3 | -32.5% |
Top Suppliers of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale to Hong Kong SAR in 2022:
- China (90.1 tons)
- Italy (40.1 tons)
- Taiwan (Chinese) (7.1 tons)
Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Hong Kong SAR
Exports of yarn; of fine animal hair, carded, not put up for retail sale from Hong Kong SAR declined significantly to 161 tons in 2022, reducing by -59.3% against 2021. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 6.1% against the previous year.
In value terms, exports of yarn; of fine animal hair, carded, not put up for retail sale reduced remarkably to $12M in 2022. Over the period under review, exports continue to indicate a dramatic curtailment. The smallest decline of -14% was in 2021.
| Export of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.6 | 30.3 | 26.7 | 8.9 | -36.4% |
| Vietnam | 4.3 | 1.6 | 0.1 | 1.8 | -25.2% |
| Cambodia | N/A | N/A | 0.6 | 0.3 | -50.0% |
| Others | 1.0 | 1.4 | 1.3 | 0.6 | -15.7% |
| Total | 39.9 | 33.4 | 28.7 | 11.6 | -33.8% |
Top Export Markets for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale from Hong Kong SAR in 2022:
- China (114.6 tons)
- Cambodia (24.6 tons)
- Vietnam (16.7 tons)
308
This report provides an in-depth analysis of the woolen yarn market in Hong Kong SAR, China.
1789
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.
850
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...
760
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...
1171
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>
935
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...
876
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...
809
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...
982
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...
