Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in China - 2024
Contents:
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in China (FOB) - 2024
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in China (CIF) - 2024
- Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in China
- Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in China
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in China (FOB) - 2024
The average export price for yarn; of fine animal hair, combed, not put up for retail sale stood at $82,646 per ton in December 2023, reducing by -9.2% against the previous month. Over the period under review, the export price saw a perceptible decline. The growth pace was the most rapid in November 2023 when the average export price increased by 12% month-to-month. The export price peaked at $102K per ton in February 2023; however, from March 2023 to December 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($96,696 per ton), while the average price for exports to South Korea ($10,925 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.4%), while the prices for the other major destinations experienced a decline.
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in China (CIF) - 2024
In December 2023, the average import price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $147K per ton, picking up by 7% against the previous month. In general, the import price posted a resilient expansion. The growth pace was the most rapid in July 2023 when the average import price increased by 87% month-to-month. The import price peaked in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($252K per ton), while the price for South Korea ($9,000 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in China
In 2022, exports of yarn; of fine animal hair, combed, not put up for retail sale from China fell notably to 903 tons, dropping by -25.5% compared with the previous year. In general, exports recorded a abrupt descent. The smallest decline of -5.4% was in 2020.
In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale declined remarkably to $82M in 2022. Overall, exports saw a abrupt shrinkage. The smallest decline of -9.2% was in 2021.
| Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkmenistan | N/A | N/A | N/A | 19.5 | 0% |
| United States | 1.0 | 21.1 | 11.5 | 19.2 | 167.8% |
| Hong Kong SAR | 12.7 | 16.8 | 7.1 | 6.0 | -22.1% |
| Cambodia | 1.1 | 1.5 | 3.8 | 4.6 | 61.1% |
| Kyrgyzstan | 57.1 | 28.1 | 33.1 | 4.2 | -58.1% |
| Myanmar | 3.7 | 5.7 | 0.8 | 3.1 | -5.7% |
| Nepal | 3.8 | 2.0 | 2.3 | 3.1 | -6.6% |
| Kazakhstan | 6.0 | 15.9 | 29.8 | 3.1 | -19.8% |
| Thailand | 0.4 | N/A | N/A | 2.8 | 91.3% |
| Italy | 3.3 | 2.4 | 0.8 | 2.0 | -15.4% |
| United Kingdom | 0.4 | 4.5 | 2.7 | 1.8 | 65.1% |
| South Korea | 0.4 | 0.5 | 1.2 | 1.6 | 58.7% |
| Poland | 0.3 | N/A | N/A | 1.5 | 71.0% |
| Others | 53.1 | 16.8 | 11.7 | 9.6 | -43.5% |
| Total | 143 | 115 | 105 | 82.1 | -16.9% |
Top Export Markets for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale from China in 2022:
- Turkmenistan (196.3 tons)
- United States (195.1 tons)
- South Korea (109.8 tons)
- Kyrgyzstan (44.2 tons)
- Cambodia (41.2 tons)
- Hong Kong SAR (39.4 tons)
- Kazakhstan (36.2 tons)
- Thailand (35.3 tons)
- Myanmar (26.7 tons)
- Nepal (20.5 tons)
- Poland (18.1 tons)
- United Kingdom (18.1 tons)
- Italy (15.7 tons)
Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in China
After three years of growth, overseas purchases of yarn; of fine animal hair, combed, not put up for retail sale decreased by -16.4% to 353 tons in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 56% against the previous year.
In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale shrank sharply to $20M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $24M, and then contracted dramatically in the following year.
| Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.3 | 7.7 | 11.6 | 11.9 | 4.9% |
| Peru | 0.3 | 0.1 | 0.3 | 0.4 | 10.1% |
| South Korea | 0.9 | 0.3 | 0.5 | 0.4 | -23.7% |
| Taiwan (Chinese) | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Japan | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 0.8 | 8.3 | 11.4 | 6.9 | 105.1% |
| Total | 12.7 | 16.7 | 23.9 | 19.9 | 16.1% |
Top Suppliers of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale to China in 2022:
- Italy (139.5 tons)
- South Korea (10.4 tons)
- Peru (9.9 tons)
- Taiwan (Chinese) (5.8 tons)
- Japan (3.7 tons)
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