U.S. - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
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U.S. - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Sep 22, 2022

Woolen Yarn Price in America Averages $22,486 per Ton

U.S. Woolen Yarn Import Price per Ton July 2022

In July 2022, the woolen yarn price per ton stood at $22,486, approximately reflecting the previous month. Over the period from January 2022 to July 2022, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in February 2022 an increase of 15% month-to-month. Over the period under review, average import prices reached the maximum at $25,227 per ton in March 2022; however, from April 2022 to July 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Italy ($66,251 per ton), while the price for Portugal ($7,189 per ton) was amongst the lowest.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Woolen Yarn Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In July 2022, the product with the highest price was yarn of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale ($208,259 per ton), while the price for yarn of carded wool, not put up for retail sale ($7,350 per ton) was amongst the lowest.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by yarn of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale (+20.1%), while the prices for the other products experienced more modest paces of growth.

U.S. Woolen Yarn Imports

In July 2022, overseas purchases of yarn of wool decreased by -15.6% to 514 tons, falling for the second consecutive month after three months of growth. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2022 when imports increased by 38% month-to-month. Over the period under review, imports attained the maximum at 623 tons in May 2022; however, from June 2022 to July 2022, imports remained at a lower figure.

In value terms, woolen yarn imports contracted to $12M (IndexBox estimates) in July 2022. The total import value increased at an average monthly rate of +2.6% over the period from January 2022 to July 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The growth pace was the most rapid in March 2022 with an increase of 50% m-o-m. Imports peaked at $14M in June 2022, and then reduced in the following month.

U.S. Woolen Yarn Imports by Type

Yarn of carded wool, not put up for retail sale (200 tons), yarn of combed wool, not put up for retail sale (178 tons) and yarn of wool or of fine animal hair, put up for retail sale (102 tons) were the main products of woolen yarn imports to the United States, together comprising 93% of total imports. These products were followed by yarn of fine animal hair (carded or combed), not put up for retail sale and yarn of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale, which together accounted for a further 6.7%.

From January 2022 to July 2022, the biggest increases were in yarn of fine animal hair (carded or combed), not put up for retail sale (with a CAGR of +16.5%), while purchases for the other products experienced mixed trend patterns.

In value terms, yarn of combed wool, not put up for retail sale ($4.3M), yarn of wool or of fine animal hair, put up for retail sale ($4M) and yarn of fine animal hair (carded or combed), not put up for retail sale ($1.8M) were the most imported types of yarn of wool in the United States, with a combined 87% share of total imports.

U.S. Woolen Yarn Imports by Country

Canada (99 tons), Turkey (83 tons) and Peru (68 tons) were the main suppliers of woolen yarn imports to the United States, together comprising 49% of total imports.

From January 2022 to July 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +32.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Peru ($2.7M), Canada ($1.9M) and Italy ($1.6M) constituted the largest woolen yarn suppliers to the United States, with a combined 54% share of total imports. Mexico, Turkey, the UK, Denmark and Portugal lagged somewhat behind, together accounting for a further 22%.

Among the main suppliers, Mexico, with a CAGR of +27.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the woolen yarn market in the U.S.. 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:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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