Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Italy - 2023

Contents:

1. Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Italy (CIF) - 2023
2. Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Italy (FOB) - 2022
3. Imports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Italy
4. Exports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Italy

Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Italy (CIF) - 2023

The average import price for hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses stood at $108K per ton in October 2023, increasing by 7.1% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 19% m-o-m. As a result, import price reached the peak level of $130K per ton. From September 2023 to October 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was China ($112K per ton), while the price for Mongolia totaled $95,595 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (-0.4%).

Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Italy (FOB) - 2022

The average export price for hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses stood at $103,557 per ton in 2022, picking up by 24% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses increased by +86.4% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 28%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($131,004 per ton), while the average price for exports to Russia ($38,800 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 Romania (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Italy

In 2022, the amount of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses imported into Italy surged to 4K tons, rising by 33% compared with the previous year's figure. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 +99.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 50% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses skyrocketed to $440M in 2022. In general, imports showed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats to Italy in 2022:

1. China (2947.4 tons)
2. Mongolia (643.5 tons)
3. New Zealand (174.3 tons)
4. United Kingdom (126.9 tons)

Exports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Italy

Exports of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses from Italy dropped markedly to 128 tons in 2022, waning by -28.7% on 2021. In general, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 26%.

In value terms, exports of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses declined to $13M in 2022. Over the period under review, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 55%.

Top Export Markets for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats from Italy in 2022:

1. United Kingdom (64.5 tons)
2. Turkey (24.9 tons)
3. Hungary (13.9 tons)
4. Romania (5.9 tons)
5. Egypt (5.1 tons)
6. Russia (4.0 tons)
7. Germany (3.5 tons)
8. Poland (2.4 tons)

Source: IndexBox Market Intelligence Platform