Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa - 2024
Contents:
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa (FOB) - 2024
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa (CIF) - 2022
- Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Africa
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 7.7 | 4.5 | 5.7 | 8.4 | 2.9% |
United Kingdom | 0.3 | 0.1 | 1.4 | 2.2 | 94.3% |
United States | 1.2 | 1.0 | 0.7 | 1.4 | 5.3% |
Norway | 0.8 | 1.4 | 1.6 | 0.7 | -4.4% |
Syrian Arab Republic | 0.5 | 0.3 | 0.3 | 0.6 | 6.3% |
Saudi Arabia | 0.5 | 0.1 | 0.1 | 0.5 | 0.0% |
Denmark | 0.6 | 1.0 | 0.7 | 0.5 | -5.9% |
China | N/A | 1.6 | N/A | N/A | 0% |
Others | 1.1 | 0.5 | 0.7 | 0.7 | -14.0% |
Total | 12.8 | 10.6 | 11.3 | 14.8 | 5.0% |
Top Export Markets for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale from South Africa in 2022:
- Germany (271.7 tons)
- United Kingdom (44.1 tons)
- United States (26.6 tons)
- Syrian Arab Republic (14.3 tons)
- Norway (11.9 tons)
- Saudi Arabia (10.5 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.5 | N/A | N/A | 28.3 | 283.9% |
Peru | 2.8 | 0.4 | N/A | 1.0 | -29.1% |
China | 27.6 | N/A | N/A | N/A | 0% |
Italy | 0.2 | 71.6 | 0.1 | N/A | -29.3% |
Others | 5.8 | 0.4 | 0.1 | 0.3 | -62.7% |
Total | 36.9 | 72.4 | 0.2 | 29.6 | -7.1% |
Top Suppliers of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale to South Africa in 2022:
- Germany (535.0 kg)
- Peru (30.0 kg)
- Italy (5.0 kg)
This report provides an in-depth analysis of the woolen yarn market in South Africa.
This report provides an in-depth analysis of the global woolen yarn market.
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