Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in India - 2023

Contents:

  1. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in India (CIF) - 2022
  2. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in India (FOB) - 2022
  3. Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in India
  4. Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in India

Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in India (CIF) - 2022

The average import price for yarn; of fine animal hair, carded, not put up for retail sale stood at $147,090 per ton in 2022, rising by 212% against the previous year. In general, the import price showed a modest expansion. The growth pace was the most rapid in 2016 when the average import price increased by 288% against the previous year. As a result, import price reached the peak level of $172,125 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($150,067 per ton), while the price for the UK ($106,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+35.9%), 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 India (FOB) - 2022

In 2022, the average export price for yarn; of fine animal hair, carded, not put up for retail sale amounted to $271,464 per ton, picking up by 84% against the previous year. Overall, the export price showed significant growth. The pace of growth was the most pronounced in 2016 an increase of 644%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Ireland.

From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +74.8% per year.

Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in India

In 2022, purchases abroad of yarn; of fine animal hair, carded, not put up for retail sale increased by 3,254% to 1.7 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale soared to $257K in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28.19.67.6254108.3%
United Kingdom4.15.9N/A0.3-58.2%
Hong Kong SAR8.821.1N/AN/A139.8%
OthersN/AN/AN/A2.30%
Total40.936.77.625784.5%

Top Suppliers of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale to India in 2022:

  1. China (1726.0 kg)
  2. United Kingdom (3.0 kg)

Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in India

Exports of yarn; of fine animal hair, carded, not put up for retail sale from India surged to 243 kg in 2022, with an increase of 109% on 2021. Overall, exports, however, faced a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 558%. As a result, the exports reached the peak of 9.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of yarn; of fine animal hair, carded, not put up for retail sale surged to $65K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,494%. As a result, the exports reached the peak of $220K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/AN/AN/A65.30%
Cameroon2.4N/AN/AN/A0%
Belgium5.310.4N/AN/A96.2%
UzbekistanN/A166N/AN/A0%
NepalN/A42.9N/AN/A0%
Others6.10.417.0N/A66.9%
Total13.822017.065.468.0%

Top Export Markets for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale from India in 2022:

  1. Ireland (241.0 kg)
  2. Nepal (1.0 kg)

Source: IndexBox Market Intelligence Platform

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