Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in the UK - 2024

Contents:

  1. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in the UK (FOB) - 2024
  2. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in the UK (CIF) - 2024
  3. Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in the UK
  4. Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in the UK

Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in the UK (FOB) - 2024

In December 2023, the average export price for yarn; of fine animal hair, carded, not put up for retail sale amounted to $119K per ton, shrinking by -9.3% against the previous month. Overall, the export price saw a slight downturn. The pace of growth was the most pronounced in November 2023 when the average export price increased by 23% m-o-m. Over the period under review, the average export prices hit record highs at $157K per ton in March 2023; however, from April 2023 to December 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Mauritius ($185K per ton), while the average price for exports to Germany ($100K per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+3.2%), 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 the UK (CIF) - 2024

In December 2023, the average import price for yarn; of fine animal hair, carded, not put up for retail sale amounted to $172K per ton, falling by -10.8% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 34% month-to-month. As a result, import price attained the peak level of $193K per ton, and then reduced in the following month.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From January 2023 to December 2023, the rate of growth in terms of prices for Italy amounted to +1.2% per month.

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

In 2022, exports of yarn; of fine animal hair, carded, not put up for retail sale from the UK surged to 193 tons, growing by 46% against 2021 figures. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn; of fine animal hair, carded, not put up for retail sale skyrocketed to $25M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16.711.512.216.4-0.6%
South Korea2.03.13.23.318.2%
France0.10.20.61.4141.0%
Hong Kong SAR0.70.41.40.98.7%
Mauritius0.80.20.30.80.0%
China1.21.01.50.7-16.4%
United States0.60.40.90.60.0%
Others1.00.70.40.4-26.3%
Total23.117.520.524.52.0%

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

  1. Italy (141.7 tons)
  2. South Korea (16.5 tons)
  3. France (11.0 tons)
  4. Mauritius (5.7 tons)
  5. China (5.7 tons)
  6. Hong Kong SAR (5.5 tons)
  7. United States (4.2 tons)

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

In 2022, the amount of yarn; of fine animal hair, carded, not put up for retail sale imported into the UK skyrocketed to 179 tons, jumping by 633% compared with the previous year's figure. In general, imports showed a significant expansion. 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 skyrocketed to $24M in 2022. Overall, imports showed a significant expansion. As a result, imports attained 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 the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.112.33.223.867.1%
China0.30.20.20.410.1%
OthersN/AN/AN/A0.10%
Total5.512.53.424.364.1%

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

  1. Italy (174.8 tons)
  2. China (2.9 tons)

Source: IndexBox Market Intelligence Platform

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