Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Sri Lanka - 2022
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Sri Lanka (CIF) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Sri Lanka (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Sri Lanka
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Sri Lanka
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Sri Lanka (CIF) - 2022
In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $9,860 per ton, rising by 13% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 54%. Over the period under review, average import prices reached the maximum at $16,622 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($19,240 per ton), while the price for Turkey ($3,543 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+3.8%), 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 Sri Lanka (FOB) - 2022
The average export price for yarn of carded wool, not put up for retail sale stood at $1,848 per ton in 2022, picking up by 49% against the previous year. Over the period under review, the export price, however, faced a precipitous decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices reached the peak figure at $18,014 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($1,963 per ton), while the average price for exports to Maldives amounted to $71 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-12.7%), while the prices for the other major destinations experienced a decline.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Sri Lanka
In 2022, imports of yarn of carded wool, not put up for retail sale into Sri Lanka soared to 78 tons, rising by 29% on 2021. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
In value terms, imports of yarn of carded wool, not put up for retail sale skyrocketed to $772K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.0% against 2019 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 Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 275 | 354 | 243 | 434 | 16.4% |
| India | 29.0 | 26.4 | 150 | 176 | 82.4% |
| Lithuania | 14.0 | 13.6 | 19.2 | 52.0 | 54.9% |
| Turkey | 22.4 | 20.4 | 18.6 | 15.1 | -12.3% |
| Norway | 8.0 | 8.9 | 9.9 | 9.8 | 7.0% |
| Others | 55.5 | 78.9 | 92.2 | 85.3 | 15.4% |
| Total | 404 | 502 | 533 | 772 | 24.1% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Sri Lanka in 2022:
- China (55.6 tons)
- India (9.2 tons)
- Lithuania (5.1 tons)
- Turkey (4.3 tons)
- Norway (1.7 tons)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Sri Lanka
In 2022, approx. 231 kg of yarn of carded wool, not put up for retail sale were exported from Sri Lanka; waning by -46.4% against 2021 figures. Over the period under review, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 144% against the previous year. As a result, the exports attained the peak of 431 kg, and then reduced rapidly in the following year.
In value terms, exports of yarn of carded wool, not put up for retail sale shrank markedly to $427 in 2022. In general, exports saw a dramatic decline. The smallest decline of -19.9% was in 2021.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 770 | 665 | 466 | 426 | -17.9% |
| Maldives | 3.0 | 2.0 | 1.0 | 1.0 | -30.7% |
| Norway | 29.0 | N/A | N/A | N/A | 0% |
| Papua New Guinea | 1.0 | N/A | N/A | N/A | 0% |
| Australia | N/A | N/A | 67.0 | N/A | 0% |
| Bahrain | 31.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 834 | 667 | 534 | 427 | -20.0% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Sri Lanka in 2022:
- Denmark (217.0 kg)
- Maldives (14.0 kg)
546
This report provides an in-depth analysis of the woolen yarn market in Sri Lanka.
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This report provides an in-depth analysis of the global woolen yarn market.
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This report provides an in-depth analysis of the woolen yarn market in Sri Lanka.
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This report provides an in-depth analysis of the global woolen yarn market.
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