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Italy - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Yarn Price in Italy - 2023
Contents:
- Woolen Yarn Price in Italy (FOB) - 2023
- Woolen Yarn Price in Italy (CIF) - 2023
- Woolen Yarn Exports in Italy
- Woolen Yarn Imports in Italy
Woolen Yarn Price in Italy (FOB) - 2023
In July 2023, the average woolen yarn export price amounted to $31,678 per ton, reducing by -4.9% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 14% month-to-month. As a result, the export price reached the peak level of $36,848 per ton. From May 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Hong Kong SAR ($78,700 per ton), while the average price for exports to the Netherlands ($8,634 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Woolen Yarn Price in Italy (CIF) - 2023
In July 2023, the average woolen yarn import price amounted to $23,421 per ton, reducing by -9.3% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 20% against the previous month. As a result, import price attained the peak level of $26,834 per ton. From February 2023 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Czech Republic ($35,112 per ton), while the price for India ($15,504 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Woolen Yarn Exports in Italy
In 2022, the amount of yarn of wool exported from Italy was estimated at 21K tons, growing by 3.2% on the previous year's figure. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, woolen yarn exports rose remarkably to $663M in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Woolen Yarn in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 73.9 | 46.0 | 69.3 | 75.9 | 0.9% |
Germany | 49.9 | 47.4 | 59.3 | 59.5 | 6.0% |
United Kingdom | 59.4 | 37.3 | 47.2 | 55.0 | -2.5% |
Romania | 38.7 | 33.0 | 39.9 | 43.8 | 4.2% |
China | 38.8 | 28.7 | 34.7 | 40.1 | 1.1% |
Portugal | 16.5 | 18.8 | 32.2 | 35.7 | 29.3% |
Turkey | 28.1 | 24.4 | 31.7 | 35.0 | 7.6% |
France | 28.6 | 23.3 | 32.4 | 34.8 | 6.8% |
Bulgaria | 17.5 | 13.6 | 16.9 | 18.7 | 2.2% |
Spain | 10.2 | 12.2 | 15.9 | 17.1 | 18.8% |
Croatia | 18.2 | 11.9 | 11.0 | 14.7 | -6.9% |
Belgium | 6.7 | 5.2 | 8.5 | 9.0 | 10.3% |
Netherlands | 5.5 | 4.7 | 5.6 | 5.5 | 0.0% |
Others | 174 | 146 | 195 | 218 | 7.8% |
Total | 566 | 453 | 599 | 663 | 5.4% |
Top Export Markets for Woolen Yarn from Italy in 2022:
- United Kingdom (3.3K tons)
- Germany (1.8K tons)
- Hong Kong SAR (1.5K tons)
- Portugal (1.3K tons)
- Turkey (1.0K tons)
- Romania (1.0K tons)
- Netherlands (0.9K tons)
- France (0.9K tons)
- China (0.6K tons)
- Spain (0.6K tons)
- Bulgaria (0.6K tons)
- Croatia (0.5K tons)
- Belgium (0.5K tons)
Woolen Yarn Imports in Italy
In 2022, approx. 18K tons of yarn of wool were imported into Italy; with an increase of 27% compared with the previous year. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, woolen yarn imports skyrocketed to $419M in 2022. In general, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Woolen Yarn in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 71.2 | 58.8 | 86.0 | 104 | 13.5% |
Romania | 69.7 | 47.3 | 41.9 | 63.6 | -3.0% |
Bulgaria | 53.5 | 42.8 | 35.3 | 52.6 | -0.6% |
Czech Republic | 53.1 | 28.7 | 31.3 | 45.4 | -5.1% |
Germany | 43.2 | 21.3 | 15.5 | 32.0 | -9.5% |
China | 25.5 | 17.4 | 25.2 | 30.9 | 6.6% |
Lithuania | 17.7 | 14.9 | 17.1 | 19.1 | 2.6% |
India | 11.8 | 7.8 | 11.3 | 13.8 | 5.4% |
Hungary | 5.5 | 1.9 | 2.1 | 3.8 | -11.6% |
Others | 46.0 | 33.0 | 48.3 | 53.1 | 4.9% |
Total | 397 | 274 | 314 | 419 | 1.8% |
Top Suppliers of Woolen Yarn to Italy in 2022:
- Poland (5.1K tons)
- Romania (3.2K tons)
- Bulgaria (2.1K tons)
- Czech Republic (1.6K tons)
- Germany (1.3K tons)
- India (1.1K tons)
- Lithuania (1.0K tons)
- China (0.9K tons)
- Hungary (0.5K tons)
This report provides an in-depth analysis of the woolen yarn market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
- Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
- Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the woolen yarn market in Italy.
This report provides an in-depth analysis of the global woolen yarn market.
This report provides an in-depth analysis of the woolen yarn market in Italy.
This report provides an in-depth analysis of the global woolen yarn market.
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