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

Contents:

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

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

The average import price for yarn; of fine animal hair, combed, not put up for retail sale stood at $52,045 per ton in 2022, rising by 46% against the previous year. In general, the import price enjoyed a temperate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($56,348 per ton), while the price for China amounted to $8,782 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+8.3%).

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

In 2022, overseas purchases of yarn; of fine animal hair, combed, not put up for retail sale decreased by -22.9% to 1.8 tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 608%. As a result, imports reached the peak of 2.9 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale reached $95K in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 671% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru9.371.882.693.5115.8%
China0.11.31.41.4141.0%
OthersN/AN/AN/AN/A0%
Total9.573.184.094.9115.4%

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

  1. Peru (1659.0 kg)
  2. China (165.0 kg)

Source: IndexBox Market Intelligence Platform

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