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

Contents:

  1. Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Denmark (CIF) - 2023
  2. Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Denmark (FOB) - 2022
  3. Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Denmark
  4. Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Denmark

Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Denmark (CIF) - 2023

In December 2023, the average import price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $106K per ton, dropping by -2.1% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 95% month-to-month. As a result, import price reached the peak level of $184K per ton. From November 2023 to December 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was South Africa ($106K per ton), while the price for Italy totaled $101K per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Africa (+0.4%).

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

The average export price for yarn; of fine animal hair, combed, not put up for retail sale stood at $24,936 per ton in 2022, reducing by -78.6% against the previous year. In general, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2016 an increase of 162% against the previous year. The export price peaked at $140,545 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($149,073 per ton), while the average price for exports to New Zealand ($11,881 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+17.3%).

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

In 2022, overseas purchases of yarn; of fine animal hair, combed, not put up for retail sale decreased by -8.3% to 9.5 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 109%. As a result, imports attained the peak of 11 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale dropped to $818K in 2022. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 137%. As a result, imports attained the peak of $921K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa35089287650813.2%
ItalyN/AN/AN/A2790%
FranceN/AN/AN/A15.00%
Peru16.96.77.110.5-14.7%
Others22.522.45.65.2-38.6%
Total38992188981828.1%

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

  1. South Africa (6.0 tons)
  2. Italy (2.9 tons)
  3. Peru (0.3 tons)
  4. France (0.2 tons)

Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Denmark

In 2022, the amount of yarn; of fine animal hair, combed, not put up for retail sale exported from Denmark surged to 8.9 tons, with an increase of 5,827% on 2021. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale soared to $222K in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,561%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/AN/AN/A1500%
AustraliaN/AN/AN/A23.20%
NorwayN/A0.611.722.5512.4%
New ZealandN/AN/AN/A6.80%
CanadaN/AN/A1.14.0263.6%
Others0.40.14.615.1235.5%
Total0.40.717.5222721.8%

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

  1. South Africa (6.6 tons)
  2. Australia (1.3 tons)
  3. New Zealand (0.6 tons)
  4. Canada (0.2 tons)
  5. Norway (0.2 tons)

Source: IndexBox Market Intelligence Platform

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