Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa - 2024

Contents:

  1. Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa (FOB) - 2024
  2. Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa (CIF) - 2022
  3. Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa
  4. Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa

Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa (FOB) - 2024

In January 2024, the average export price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $57,804 per ton, with an increase of 30% against the previous month. Over the period under review, export price indicated a resilient expansion from January 2023 to January 2024: its price increased at an average monthly rate of +5.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, export price for yarn; of fine animal hair, combed, not put up for retail sale increased by +29.6% against December 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($134K per ton), while the average price for exports to the United States stood at $54,954 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $51,305 per ton, increasing by 138% against the previous year. Over the period under review, the import price continues to indicate perceptible growth. The growth pace was the most rapid in 2015 an increase of 202% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($52,895 per ton), while the price for Italy ($9,600 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+32.6%), 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 South Africa

In 2022, approx. 401 tons of yarn; of fine animal hair, combed, not put up for retail sale were exported from South Africa; increasing by 32% on the year before. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale surged to $15M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.74.55.78.42.9%
United Kingdom0.30.11.42.294.3%
United States1.21.00.71.45.3%
Norway0.81.41.60.7-4.4%
Syrian Arab Republic0.50.30.30.66.3%
Saudi Arabia0.50.10.10.50.0%
Denmark0.61.00.70.5-5.9%
ChinaN/A1.6N/AN/A0%
Others1.10.50.70.7-14.0%
Total12.810.611.314.85.0%

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

  1. Germany (271.7 tons)
  2. United Kingdom (44.1 tons)
  3. United States (26.6 tons)
  4. Syrian Arab Republic (14.3 tons)
  5. Norway (11.9 tons)
  6. Saudi Arabia (10.5 tons)
  7. Denmark (5.2 tons)

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

In 2022, imports of yarn; of fine animal hair, combed, not put up for retail sale into South Africa soared to 577 kg, with an increase of 8,143% against the year before. Overall, imports, however, continue to indicate a dramatic contraction.

In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale skyrocketed to $30K in 2022. In general, imports, however, continue to indicate a deep setback.

Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.5N/AN/A28.3283.9%
Peru2.80.4N/A1.0-29.1%
China27.6N/AN/AN/A0%
Italy0.271.60.1N/A-29.3%
Others5.80.40.10.3-62.7%
Total36.972.40.229.6-7.1%

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

  1. Germany (535.0 kg)
  2. Peru (30.0 kg)
  3. Italy (5.0 kg)

Source: IndexBox Market Intelligence Platform

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