Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Australia - 2024
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Australia (CIF) - 2024
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Australia (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Australia
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Australia
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Australia (CIF) - 2024
The average import price for yarn of carded wool, not put up for retail sale stood at $7,746 per ton in January 2024, with a decrease of -2.1% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average import price increased by 20% m-o-m. As a result, import price attained the peak level of $9,099 per ton. From August 2023 to January 2024, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was China ($7,807 per ton), while the price for New Zealand amounted to $7,558 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by New Zealand (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Australia (FOB) - 2022
The average export price for yarn of carded wool, not put up for retail sale stood at $4,487 per ton in 2022, dropping by -45.6% against the previous year. In general, the export price faced a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 189%. As a result, the export price attained the peak level of $57,917 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($9,670 per ton), while the average price for exports to India ($3,913 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 Hong Kong SAR (+8.2%), while the prices for the other major destinations experienced a decline.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Australia
In 2022, after three years of growth, there was significant decline in supplies from abroad of yarn of carded wool, not put up for retail sale, when their volume decreased by -5.7% to 2.2K tons. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports reached the peak of 2.3K tons, and then dropped in the following year.
In value terms, imports of yarn of carded wool, not put up for retail sale contracted slightly to $18M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 55%. As a result, imports attained the peak of $18M, and then contracted slightly in the following year.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 9.3 | 9.7 | 15.9 | 14.6 | 16.2% |
| Portugal | N/A | N/A | 0.5 | 1.1 | 120.0% |
| United Kingdom | 0.1 | 0.5 | 0.3 | 1.0 | 115.4% |
| Indonesia | 0.7 | 0.7 | 0.5 | 0.1 | -47.7% |
| Others | 0.9 | 0.9 | 1.0 | 1.1 | 6.9% |
| Total | 11.0 | 11.8 | 18.3 | 17.9 | 17.6% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Australia in 2022:
- New Zealand (1901.6 tons)
- Portugal (135.6 tons)
- United Kingdom (70.9 tons)
- Indonesia (5.3 tons)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Australia
For the fourth year in a row, Australia recorded growth in overseas shipments of yarn of carded wool, not put up for retail sale, which increased by 1,265% to 72 tons in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of yarn of carded wool, not put up for retail sale surged to $323K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 209 | 0% |
| China | N/A | N/A | 15.0 | 110 | 633.3% |
| New Zealand | 2.6 | 12.2 | 14.6 | 4.0 | 15.4% |
| Others | 7.9 | N/A | 13.9 | N/A | 32.6% |
| Total | 10.6 | 12.2 | 43.5 | 323 | 212.3% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Australia in 2022:
- India (53.5 tons)
- China (18.1 tons)
- New Zealand (0.4 tons)
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This report provides an in-depth analysis of the woolen yarn market in Australia.
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This report provides an in-depth analysis of the global woolen yarn market.
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This report provides an in-depth analysis of the woolen yarn market in Australia.
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This report provides an in-depth analysis of the global woolen yarn market.
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