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

Contents:

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

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

In 2022, the average import price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $55,432 per ton, which is down by -15.8% against the previous year. Over the period under review, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 62% against the previous year. Over the period under review, average import prices hit record highs at $88,508 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($44,872 per ton), while the price for Peru ($22,495 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Bangladesh

In 2022, approx. 8.2 tons of yarn; of fine animal hair, combed, not put up for retail sale were imported into Bangladesh; falling by -62.7% against 2021 figures. In general, imports showed a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year.

In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale reduced dramatically to $452K in 2022. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 13%.

Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR485653867298-15.0%
China7,06151944725.8-84.6%
Peru5.15.514.917.450.5%
Others84.294.61131119.6%
Total7,6361,2721,442452-61.0%

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

  1. Hong Kong SAR (6.6 tons)
  2. Peru (0.8 tons)
  3. China (0.6 tons)

Source: IndexBox Market Intelligence Platform

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