Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Belarus - 2022
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Belarus (CIF) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Belarus (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Belarus
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Belarus
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Belarus (CIF) - 2022
In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $10,112 per ton, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 44%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($24,018 per ton), while the price for Turkey ($6,738 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Belarus (FOB) - 2022
In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $2,644 per ton, with a decrease of -30.5% against the previous year. Overall, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices reached the peak figure at $9,556 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -10.4% per year.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Belarus
In 2022, imports of yarn of carded wool, not put up for retail sale into Belarus fell significantly to 23 tons, with a decrease of -57.1% compared with 2021. In general, imports showed a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 6.4% against the previous year.
In value terms, imports of yarn of carded wool, not put up for retail sale declined significantly to $231K in 2022. Over the period under review, imports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 12%.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 538 | 362 | 352 | 135 | -36.9% |
| Lithuania | 15.8 | 7.4 | 32.7 | 69.9 | 64.2% |
| Turkey | 57.6 | 22.1 | 25.7 | 13.5 | -38.3% |
| China | 7.6 | 3.5 | 18.9 | 4.1 | -18.6% |
| Others | 39.3 | 35.8 | 54.3 | 8.7 | -39.5% |
| Total | 658 | 431 | 484 | 231 | -29.5% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Belarus in 2022:
- Italy (15.4 tons)
- Lithuania (4.7 tons)
- Turkey (2.0 tons)
- China (0.2 tons)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Belarus
In 2022, approx. 65 tons of yarn of carded wool, not put up for retail sale were exported from Belarus; increasing by 45% compared with the year before. In general, exports, however, faced a deep contraction.
In value terms, exports of yarn of carded wool, not put up for retail sale totaled $172K in 2022. Over the period under review, exports, however, continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 181 | 98.3 | 171 | 172 | -1.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 181 | 98.3 | 171 | 172 | -1.7% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Belarus in 2022:
- Russia (64.9 tons)
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This report provides an in-depth analysis of the woolen yarn market in Belarus.
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