Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in India - 2023
Contents:
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in India (CIF) - 2022
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in India (FOB) - 2022
- Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in India
- Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in India
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in India (CIF) - 2022
The average import price for yarn; of fine animal hair, combed, not put up for retail sale stood at $88,158 per ton in 2022, falling by -36.2% against the previous year. Over the period under review, the import price, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 66%. Over the period under review, average import prices attained the peak figure at $139,376 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 Italy ($209,810 per ton), while the price for Belgium ($13,537 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-1.0%), while the prices for the other major suppliers experienced a decline.
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in India (FOB) - 2022
The average export price for yarn; of fine animal hair, combed, not put up for retail sale stood at $11,937 per ton in 2022, dropping by -44.1% against the previous year. In general, the export price showed a noticeable decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $75,420 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($49,905 per ton), while the average price for exports to Belgium ($6,349 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in India
Imports of yarn; of fine animal hair, combed, not put up for retail sale into India fell rapidly to 373 kg in 2022, reducing by -65.8% against the year before. Over the period under review, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 50%.
In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale declined rapidly to $33K in 2022. In general, imports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 when imports increased by 97%.
Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 210 | 47.6 | 128 | 16.0 | -57.6% |
Peru | 15.6 | 12.8 | 14.5 | 7.9 | -20.3% |
Italy | 12.2 | 8.7 | 1.3 | 4.4 | -28.8% |
Belgium | 2.8 | 2.4 | 2.9 | 1.7 | -15.3% |
Hong Kong SAR | 13.2 | 4.0 | 2.5 | 1.4 | -52.7% |
United Arab Emirates | 0.2 | 0.2 | 0.7 | 0.3 | 14.5% |
Others | 0.3 | 0.5 | 0.8 | 1.3 | 63.0% |
Total | 254 | 76.4 | 151 | 32.9 | -49.4% |
Top Suppliers of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale to India in 2022:
- Peru (128.0 kg)
- Belgium (123.0 kg)
- China (79.0 kg)
- Italy (21.0 kg)
- United Arab Emirates (8.0 kg)
- Hong Kong SAR (4.0 kg)
Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in India
In 2022, the amount of yarn; of fine animal hair, combed, not put up for retail sale exported from India soared to 1.9 tons, with an increase of 51% compared with the previous year. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 61% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale dropped significantly to $22K in 2022. Overall, exports, however, saw a precipitous slump.
Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 7.9 | 6.6 | 5.6 | 6.7 | -5.3% |
United States | 0.7 | 1.1 | 4.2 | 4.2 | 81.7% |
Belgium | 0.3 | 5.9 | 3.7 | 3.3 | 122.4% |
New Zealand | 5.3 | 3.6 | 2.4 | 2.4 | -23.2% |
United Kingdom | 2.1 | 1.5 | 1.0 | 1.0 | -21.9% |
Ireland | N/A | 9.1 | 2.0 | 0.6 | -74.3% |
Nepal | 17.5 | 9.5 | 0.2 | 0.2 | -77.5% |
Others | 23.8 | 5.0 | 7.4 | 3.9 | -45.3% |
Total | 57.6 | 42.2 | 26.5 | 22.3 | -27.1% |
Top Export Markets for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale from India in 2022:
- Germany (585.0 kg)
- Belgium (518.0 kg)
- United States (407.0 kg)
- New Zealand (226.0 kg)
- Ireland (60.0 kg)
- United Kingdom (21.0 kg)
- Nepal (6.0 kg)
This report provides an in-depth analysis of the woolen yarn market in India.
This report provides an in-depth analysis of the global woolen yarn market.
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