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

Contents:

  1. Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the Philippines (CIF) - 2022
  2. Imports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the Philippines

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

In 2022, the average import price for hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses amounted to $89,032 per ton, with an increase of 13% against the previous year. In general, import price indicated buoyant growth from 2015 to 2022: its price increased at an average annual rate of +12.1% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses decreased by -3.4% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 90%. Over the period under review, average import prices reached the maximum at $92,183 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 ($111,345 per ton), while the price for Italy amounted to $68,396 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.8%).

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

In 2022, purchases abroad of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses was finally on the rise to reach 3.3 tons after two years of decline. Over the period under review, imports, however, showed a significant decrease.

In value terms, imports of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses skyrocketed to $294K in 2022. Overall, imports, however, showed a sharp descent.

Import of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China37714398.6176-22.4%
Italy636408113117-43.1%
OthersN/A1.72.30.9-27.2%
Total1,013553214294-33.8%

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

  1. Italy (1.7 tons)
  2. China (1.6 tons)

Source: IndexBox Market Intelligence Platform

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