Price for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Italy - 2023

Contents:

  1. Price for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Italy (CIF) - 2022
  2. Price for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Italy (FOB) - 2023
  3. Imports of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Italy
  4. Exports of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Italy

Price for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Italy (CIF) - 2022

In 2022, the average import price for hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses amounted to $124,492 per ton, with an increase of 18% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $137,591 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($143,363 per ton), while the price for the UK ($37,708 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.4%), while the prices for the other major suppliers experienced a decline.

Price for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Italy (FOB) - 2023

In November 2023, the average export price for hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses amounted to $24,575 per ton, reducing by -35.4% against the previous month. Overall, the export price showed a deep setback. The growth pace was the most rapid in September 2023 when the average export price increased by 250% against the previous month. Over the period under review, the average export prices attained the maximum at $83,327 per ton in November 2022; however, from December 2022 to November 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In November 2023, the country with the highest price was Peru ($69,745 per ton), while the average price for exports to Bosnia and Herzegovina amounted to $57,660 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Italy

In 2022, after three years of growth, there was decline in overseas purchases of hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses, when their volume decreased by -3.8% to 314 tons. The total import volume increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 327 tons, and then shrank modestly in the following year.

In value terms, imports of hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses rose markedly to $39M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +49.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.017.726.634.68.6%
Lithuania0.51.11.52.366.3%
FranceN/A0.20.60.787.1%
SpainN/A0.80.4N/A-50.0%
Others1.86.55.31.5-5.9%
Total29.226.334.439.110.2%

Top Suppliers of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats to Italy in 2022:

  1. China (241.4 tons)
  2. Lithuania (48.7 tons)
  3. France (7.2 tons)

Exports of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Italy

In 2022, approx. 328 tons of hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses were exported from Italy; falling by -4.1% on the previous year's figure. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. As a result, the exports reached the peak of 342 tons, and then declined slightly in the following year.

In value terms, exports of hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses rose remarkably to $8.3M in 2022. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 38%.

Export of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina4.12.53.44.0-0.8%
Romania1.51.52.01.74.3%
United Kingdom2.10.10.30.3-47.7%
Others2.91.62.22.4-6.1%
Total10.75.77.98.3-8.1%

Top Export Markets for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats from Italy in 2022:

  1. Romania (245.6 tons)
  2. Bosnia and Herzegovina (61.4 tons)
  3. United Kingdom (2.0 tons)

Source: IndexBox Market Intelligence Platform

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