Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ireland - 2023
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ireland (CIF) - 2023
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ireland (FOB) - 2023
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Ireland
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Ireland
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ireland (CIF) - 2023
In December 2023, the average import price for yarn of carded wool, not put up for retail sale amounted to $22,813 per ton, which is down by -16.5% against the previous month. Overall, the import price saw a slight reduction. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 75% month-to-month. Over the period under review, average import prices attained the maximum at $29,139 per ton in August 2023; however, from September 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($31,496 per ton), while the price for India ($14,956 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ireland (FOB) - 2023
In December 2023, the average export price for yarn of carded wool, not put up for retail sale amounted to $27,242 per ton, dropping by -37% against the previous month. Over the period under review, export price indicated slight growth from December 2022 to December 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for yarn of carded wool, not put up for retail sale increased by +12.1% against September 2023 indices. The most prominent rate of growth was recorded in November 2023 an increase of 72% against the previous month. As a result, the export price reached the peak level of $43,268 per ton, and then fell rapidly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was India ($27,460 per ton), while the average price for exports to Hong Kong SAR ($1,513 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Ireland
Imports of yarn of carded wool, not put up for retail sale into Ireland skyrocketed to 279 tons in 2022, jumping by 29% on the previous year. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.4% 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 +64.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of yarn of carded wool, not put up for retail sale surged to $6.6M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.9% 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 +77.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2.8 | 2.6 | 2.7 | 3.1 | 3.5% |
| Italy | 1.7 | 0.9 | 1.3 | 2.5 | 13.7% |
| China | 0.6 | 0.2 | 0.3 | 0.4 | -12.6% |
| India | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Bulgaria | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Others | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Total | 5.6 | 3.7 | 4.4 | 6.6 | 5.6% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Ireland in 2022:
- United Kingdom (151.3 tons)
- Italy (89.6 tons)
- China (17.0 tons)
- India (5.5 tons)
- Bulgaria (0.1 tons)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Ireland
In 2022, approx. 57 tons of yarn of carded wool, not put up for retail sale were exported from Ireland; with a decrease of -29% compared with the previous year. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,602% against the previous year. As a result, the exports attained the peak of 80 tons, and then declined notably in the following year.
In value terms, exports of yarn of carded wool, not put up for retail sale surged to $1.4M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,341%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.3 | 1.6 | 481 | 358 | 336.7% |
| United States | 140 | 43.5 | 193 | 282 | 26.3% |
| Hong Kong SAR | 0.2 | N/A | 159 | 115 | 731.6% |
| India | N/A | 4.0 | 29.9 | 82.5 | 354.1% |
| Japan | N/A | 6.8 | 29.6 | 66.6 | 213.0% |
| South Korea | N/A | N/A | N/A | 35.3 | 0% |
| Australia | N/A | 19.9 | 16.7 | 19.1 | -2.0% |
| Others | 52.9 | 4.1 | 241 | 418 | 99.2% |
| Total | 198 | 79.8 | 1,150 | 1,377 | 90.9% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Ireland in 2022:
- United Kingdom (22.7 tons)
- United States (8.0 tons)
- India (3.9 tons)
- Hong Kong SAR (3.6 tons)
- Japan (1.9 tons)
- South Korea (1.3 tons)
- Australia (0.6 tons)
651
This report provides an in-depth analysis of the woolen yarn market in Ireland.
1773
This report provides an in-depth analysis of the global woolen yarn market.
651
This report provides an in-depth analysis of the woolen yarn market in Ireland.
1773
This report provides an in-depth analysis of the global woolen yarn market.
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