Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Spain - 2023

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Spain (FOB) - 2022
  2. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Spain (CIF) - 2023
  3. Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Spain
  4. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Spain

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Spain (FOB) - 2022

In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $9,589 per ton, increasing by 8.5% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for yarn of carded wool, not put up for retail sale increased by +42.9% against 2014 indices. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($60,739 per ton), while the average price for exports to Taiwan (Chinese) ($801 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 Germany (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Spain (CIF) - 2023

The average import price for yarn of carded wool, not put up for retail sale stood at $24,225 per ton in December 2023, dropping by -9% against the previous month. In general, the import price, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in March 2023 an increase of 179% against the previous month. The import price peaked at $35,067 per ton in August 2023; however, from September 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($27,690 per ton), while the price for Portugal ($4,453 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Spain

Exports of yarn of carded wool, not put up for retail sale from Spain contracted to 1.2K tons in 2022, with a decrease of -9.5% against the previous year. Overall, exports saw a pronounced decline. The pace of growth was the most pronounced in 2021 when exports increased by 3.8% against the previous year. As a result, the exports attained the peak of 1.3K tons, and then declined in the following year.

In value terms, exports of yarn of carded wool, not put up for retail sale reduced modestly to $11M in 2022. The total export value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of $11M, and then fell in the following year.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.65.45.75.1-8.2%
GermanyN/A0.91.83.494.4%
France0.10.50.81.0115.4%
Belgium0.81.21.90.5-14.5%
Portugal0.40.10.30.2-20.6%
United Kingdom0.20.20.20.20.0%
Morocco0.20.20.20.20.0%
Taiwan (Chinese)N/AN/AN/AN/A0%
Others0.60.50.60.60.0%
Total8.98.911.511.38.3%

Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Spain in 2022:

  1. Netherlands (814.6 tons)
  2. France (77.4 tons)
  3. Belgium (70.2 tons)
  4. Germany (56.4 tons)
  5. Taiwan (Chinese) (37.7 tons)
  6. Portugal (25.1 tons)
  7. Morocco (20.6 tons)
  8. United Kingdom (17.9 tons)

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Spain

In 2022, imports of yarn of carded wool, not put up for retail sale into Spain surged to 427 tons, with an increase of 40% compared with 2021 figures. In general, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 77%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of yarn of carded wool, not put up for retail sale soared to $6.9M in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,6293,1473,7524,78322.1%
United Kingdom2.02.68641,406789.2%
Bulgaria16.5214295335172.8%
Germany3.39.725.4294346.6%
Portugal86.959.137.251.8-15.8%
France18044.610.211.5-60.0%
Others33.031.951.265.325.5%
Total2,9513,5095,0356,94633.0%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Spain in 2022:

  1. Italy (232.0 tons)
  2. United Kingdom (165.4 tons)
  3. Bulgaria (14.1 tons)
  4. Germany (8.1 tons)
  5. Portugal (5.2 tons)
  6. France (0.3 tons)

Source: IndexBox Market Intelligence Platform

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