Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Italy - 2023
Contents:
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Italy (FOB) - 2022
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Italy (CIF) - 2023
- Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Italy
- Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Italy
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Italy (FOB) - 2022
In 2022, the average export price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $79,158 per ton, rising by 8.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2013 an increase of 17%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 France ($125,443 per ton), while the average price for exports to Chile ($26,248 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 (+7.2%), 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 Italy (CIF) - 2023
In December 2023, the average import price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $78,056 per ton, growing by 5.1% against the previous month. In general, import price indicated a perceptible increase from December 2022 to December 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for yarn; of fine animal hair, combed, not put up for retail sale increased by +84.8% against July 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 102% against the previous month. The import price peaked in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Romania ($189K per ton), while the price for Peru ($41,428 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 Lithuania (+53.5%), 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 Italy
Exports of yarn; of fine animal hair, combed, not put up for retail sale from Italy dropped to 648 tons in 2022, declining by -4.3% compared with 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, the exports reached the peak of 677 tons, and then reduced modestly in the following year.
In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale amounted to $51M in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 33%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 11.6 | 7.6 | 9.1 | 12.9 | 3.6% |
| Romania | 8.9 | 5.8 | 5.9 | 6.8 | -8.6% |
| China | 4.3 | 3.2 | 5.2 | 5.2 | 6.5% |
| Hong Kong SAR | 4.9 | 4.0 | 6.7 | 4.6 | -2.1% |
| South Korea | 2.1 | 2.5 | 3.5 | 3.3 | 16.3% |
| Germany | 2.9 | 2.9 | 3.6 | 2.9 | 0.0% |
| Bulgaria | 1.6 | 1.9 | 2.7 | 2.5 | 16.0% |
| Turkey | 2.2 | 1.9 | 2.4 | 1.9 | -4.8% |
| Tunisia | 0.2 | 0.2 | 0.6 | 1.5 | 95.7% |
| Portugal | 0.6 | 0.7 | 1.0 | 1.3 | 29.4% |
| Spain | 0.3 | 0.5 | 0.8 | 0.9 | 44.2% |
| Poland | 0.5 | 0.3 | 0.8 | 0.8 | 17.0% |
| Chile | N/A | N/A | N/A | 0.4 | 0% |
| Others | 8.8 | 5.8 | 7.2 | 6.5 | -9.6% |
| Total | 48.9 | 37.2 | 49.4 | 51.3 | 1.6% |
Top Export Markets for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale from Italy in 2022:
- France (102.7 tons)
- Romania (100.3 tons)
- Hong Kong SAR (66.1 tons)
- China (54.1 tons)
- Turkey (39.1 tons)
- Germany (35.5 tons)
- Bulgaria (35.5 tons)
- South Korea (32.7 tons)
- Tunisia (32.2 tons)
- Portugal (22.6 tons)
- Spain (15.8 tons)
- Chile (14.7 tons)
- Poland (13.1 tons)
Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Italy
In 2022, approx. 226 tons of yarn; of fine animal hair, combed, not put up for retail sale were imported into Italy; increasing by 5% on the previous year. In general, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year.
In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale soared to $10M in 2022. Overall, imports, however, showed a pronounced reduction.
| Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.5 | 0.7 | 1.5 | 3.5 | 91.3% |
| Peru | 4.3 | 2.0 | 2.1 | 2.6 | -15.4% |
| Bulgaria | 5.1 | 2.0 | 3.0 | 2.6 | -20.1% |
| Poland | 1.1 | 0.6 | 1.1 | 0.9 | -6.5% |
| Germany | 0.3 | 0.4 | 0.2 | 0.3 | 0.0% |
| France | N/A | 0.2 | N/A | 0.1 | -29.3% |
| Others | 0.2 | 1.4 | 0.3 | 0.3 | 14.5% |
| Total | 11.6 | 7.2 | 8.2 | 10.4 | -3.6% |
Top Suppliers of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale to Italy in 2022:
- Peru (73.2 tons)
- Bulgaria (60.7 tons)
- Poland (40.3 tons)
- China (34.6 tons)
- Germany (9.2 tons)
- France (3.5 tons)
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