Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Singapore - 2022

Contents:

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

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

The average import price for yarn; of fine animal hair, carded, not put up for retail sale stood at $99,252 per ton in 2022, with an increase of 3.5% against the previous year. Over the period under review, the import price continues to indicate a tangible increase. The growth pace was the most rapid in 2021 an increase of 51% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($99,953 per ton), while the price for Hong Kong SAR amounted to $49,245 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-4.2%).

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

Imports of yarn; of fine animal hair, carded, not put up for retail sale into Singapore fell to 60 tons in 2022, approximately reflecting the previous year. In general, imports recorded a abrupt slump.

In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale amounted to $6M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 3.2% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.45.65.86.03.6%
Hong Kong SAR0.20.1N/AN/A-50.0%
OthersN/AN/AN/AN/A0%
Total5.65.75.86.02.3%

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

  1. China (59.6 tons)
  2. Hong Kong SAR (0.8 tons)

Source: IndexBox Market Intelligence Platform

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