Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Vietnam - 2022
Contents:
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Vietnam (CIF) - 2022
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Vietnam (FOB) - 2022
- Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Vietnam
- Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Vietnam
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Vietnam (CIF) - 2022
The average import price for yarn; of fine animal hair, combed, not put up for retail sale stood at $17,224 per ton in December 2022, jumping by 101% against the previous month. In general, the import price, however, recorded a mild descent. The most prominent rate of growth was recorded in May 2022 when the average import price increased by 155% m-o-m. Over the period under review, average import prices attained the peak figure at $43,417 per ton in July 2022; however, from August 2022 to December 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to -1.2% per month.
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Vietnam (FOB) - 2022
The average export price for yarn; of fine animal hair, combed, not put up for retail sale stood at $18,154 per ton in 2022, waning by -8.7% against the previous year. Overall, the export price, however, posted a temperate expansion. The pace of growth appeared the most rapid in 2018 an increase of 58%. The export price peaked at $33,431 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($18,463 per ton), while the average price for exports to South Korea ($7,167 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 South Korea (+13.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Vietnam
After three years of growth, purchases abroad of yarn; of fine animal hair, combed, not put up for retail sale decreased by -49.4% to 1.1K tons in 2022. Over the period under review, imports recorded a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 68%.
In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale reduced notably to $26M in 2022. In general, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 13% against the previous year.
| Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.3 | 45.7 | 51.2 | 26.0 | -13.6% |
| Others | 0.3 | 0.1 | 0.4 | 0.3 | 0.0% |
| Total | 40.6 | 45.8 | 51.5 | 26.3 | -13.5% |
Top Suppliers of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale to Vietnam in 2022:
- China (1118.5 tons)
Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Vietnam
In 2022, after three years of growth, there was significant decline in shipments abroad of yarn; of fine animal hair, combed, not put up for retail sale, when their volume decreased by -67.3% to 622 kg. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 381% against the previous year. As a result, the exports attained the peak of 1.9 tons, and then shrank remarkably in the following year.
In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale declined notably to $11K in 2022. Overall, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 242%. As a result, the exports attained the peak of $38K, and then contracted rapidly in the following year.
| Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 4.7 | 6.7 | 27.6 | 5.9 | 7.9% |
| China | 3.9 | 4.3 | 10.0 | 5.3 | 10.8% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 8.7 | 11.1 | 37.8 | 11.3 | 9.1% |
Top Export Markets for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale from Vietnam in 2022:
- Hong Kong SAR (328.0 kg)
- China (287.0 kg)
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