Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Russia - 2022

Contents:

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

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

In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $22,647 per ton, surging by 29% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for yarn of carded wool, not put up for retail sale increased by +75.4% against 2019 indices. Over the period under review, average import prices reached the peak figure at $24,497 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($35,397 per ton), while the price for Turkey ($15,725 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $6,094 per ton, reducing by -10.9% against the previous year. Over the period under review, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2016 an increase of 28%. Over the period under review, the average export prices reached the peak figure at $11,965 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to -3.6% per year.

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

For the third year in a row, Russia recorded decline in overseas purchases of yarn of carded wool, not put up for retail sale, which decreased by -56.7% to 72 tons in 2022. Overall, imports saw a significant decline. The smallest decline of -10% was in 2021.

In value terms, imports of yarn of carded wool, not put up for retail sale contracted remarkably to $1.6M in 2022. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 7.3% against the previous year.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16017919449745.9%
Italy2,3971,8261,672475-41.7%
Turkey66.227419133571.7%
Lithuania2313166203029.3%
Belarus13898.3171N/A11.3%
Others80.523.567.619.1-38.1%
Total3,0732,7172,9151,628-19.1%

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

  1. Italy (23.3 tons)
  2. Turkey (21.3 tons)
  3. China (14.0 tons)
  4. Lithuania (12.3 tons)

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

Exports of yarn of carded wool, not put up for retail sale from Russia rose to 5.9 tons in 2022, with an increase of 2.7% compared with 2021 figures. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.5% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 82% against the previous year. As a result, the exports attained the peak of 7.6 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of yarn of carded wool, not put up for retail sale declined to $36K in 2022. Overall, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 119%. As a result, the exports attained the peak of $61K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan16.749.033.135.628.7%
Belarus5.69.53.7N/A-18.7%
Others5.52.42.30.1-73.7%
Total27.961.039.135.88.7%

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

  1. Kazakhstan (5.9 tons)

Source: IndexBox Market Intelligence Platform

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