Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Italy - 2023
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Italy (FOB) - 2023
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Italy (CIF) - 2023
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Italy
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Italy
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Italy (FOB) - 2023
The average export price for yarn of carded wool, not put up for retail sale stood at $27,589 per ton in December 2023, with an increase of 28% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($58,568 per ton), while the average price for exports to the Netherlands ($5,325 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 Hong Kong SAR (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Italy (CIF) - 2023
The average import price for yarn of carded wool, not put up for retail sale stood at $26,452 per ton in December 2023, picking up by 20% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.0%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 36% against the previous month. The import price peaked in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was China ($65,419 per ton), while the price for the Netherlands ($8,910 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 Ukraine (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Italy
In 2022, the amount of yarn of carded wool, not put up for retail sale exported from Italy reduced slightly to 7.6K tons, flattening at 2021 figures. In general, exports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year.
In value terms, exports of yarn of carded wool, not put up for retail sale rose slightly to $161M in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; 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 32% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 26.4 | 19.2 | 27.8 | 27.3 | 1.1% |
| United Kingdom | 26.0 | 18.1 | 24.7 | 27.1 | 1.4% |
| Turkey | 6.8 | 7.8 | 11.9 | 16.3 | 33.8% |
| Portugal | 8.2 | 8.4 | 11.2 | 11.1 | 10.6% |
| Croatia | 15.1 | 9.3 | 9.0 | 9.0 | -15.8% |
| Romania | 5.7 | 4.9 | 7.4 | 7.5 | 9.6% |
| Bulgaria | 8.1 | 4.0 | 5.7 | 6.8 | -5.7% |
| China | 8.3 | 8.2 | 7.3 | 5.1 | -15.0% |
| Spain | 2.5 | 2.5 | 3.8 | 4.6 | 22.5% |
| Tunisia | 5.5 | 3.4 | 3.2 | 3.5 | -14.0% |
| Bangladesh | 1.8 | 0.8 | 0.9 | 2.6 | 13.0% |
| Netherlands | 1.5 | 0.9 | 1.9 | 1.6 | 2.2% |
| Others | 36.1 | 29.1 | 39.1 | 38.4 | 2.1% |
| Total | 152 | 117 | 154 | 161 | 1.9% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Italy in 2022:
- United Kingdom (2592.7 tons)
- Hong Kong SAR (584.0 tons)
- Portugal (549.1 tons)
- Turkey (536.9 tons)
- Croatia (375.3 tons)
- Netherlands (364.4 tons)
- Bulgaria (322.3 tons)
- Romania (251.8 tons)
- Spain (206.0 tons)
- Bangladesh (155.0 tons)
- Tunisia (152.7 tons)
- China (114.6 tons)
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Italy
Imports of yarn of carded wool, not put up for retail sale into Italy rose rapidly to 1.5K tons in 2022, surging by 7.8% against the previous year's figure. Overall, imports, however, saw a abrupt curtailment.
In value terms, imports of yarn of carded wool, not put up for retail sale stood at $26M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 17.6 | 14.8 | 17.0 | 19.1 | 2.8% |
| Poland | 3.6 | 2.3 | 3.1 | 3.1 | -4.9% |
| United Kingdom | 0.8 | 1.0 | 3.1 | 2.0 | 35.7% |
| Slovakia | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Belgium | 0.6 | 0.4 | 0.3 | 0.3 | -20.6% |
| Hungary | 1.3 | 0.2 | 0.1 | N/A | -72.3% |
| Others | 2.7 | 2.3 | 1.1 | 1.0 | -28.2% |
| Total | 26.6 | 20.9 | 24.8 | 26.0 | -0.8% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Italy in 2022:
- Lithuania (1023.3 tons)
- Poland (262.7 tons)
- United Kingdom (62.4 tons)
- Slovakia (36.5 tons)
- Belgium (31.1 tons)
- Hungary (3.3 tons)
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