Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Australia - 2024
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Australia (CIF) - 2024
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Australia (FOB) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Australia
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Australia
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Australia (CIF) - 2024
The average import price for yarn of combed wool, not put up for retail sale stood at $21,488 per ton in January 2024, picking up by 5.5% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 45% month-to-month. The import price peaked in January 2024.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was New Zealand ($36,721 per ton), while the price for China ($20,643 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by New Zealand (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Australia (FOB) - 2022
In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $52,441 per ton, picking up by 94% against the previous year. In general, the export price enjoyed resilient growth. The pace of growth appeared the most rapid in 2018 an increase of 112% against the previous year. As a result, the export price attained the peak level of $72,579 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($56,591 per ton), while the average price for exports to New Zealand ($17,426 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Australia
Imports of yarn of combed wool, not put up for retail sale into Australia rose rapidly to 706 tons in 2022, growing by 8.8% against the previous year's figure. In general, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 80%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of yarn of combed wool, not put up for retail sale rose rapidly to $12M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.2% 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 +67.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 54%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.7 | 4.9 | 6.8 | 6.4 | -6.0% |
| New Zealand | 0.2 | 0.2 | 1.1 | 2.1 | 119.0% |
| India | 0.6 | 0.9 | 1.2 | 1.3 | 29.4% |
| Vietnam | N/A | N/A | 0.2 | 1.0 | 400.0% |
| Austria | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
| Thailand | 0.3 | 0.3 | 0.7 | 0.1 | -30.7% |
| Others | 0.6 | 0.4 | 0.5 | 0.3 | -20.6% |
| Total | 9.7 | 6.9 | 10.6 | 11.6 | 6.1% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Australia in 2022:
- China (277.8 tons)
- New Zealand (240.1 tons)
- India (100.3 tons)
- Vietnam (50.0 tons)
- Austria (19.8 tons)
- Thailand (11.8 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Australia
In 2022, the amount of yarn of combed wool, not put up for retail sale exported from Australia declined significantly to 9.6 tons, dropping by -58.3% compared with the previous year. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 3,246%. As a result, the exports reached the peak of 23 tons, and then declined sharply in the following year.
In value terms, exports of yarn of combed wool, not put up for retail sale declined dramatically to $505K in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,502% against the previous year. As a result, the exports reached the peak of $622K, and then reduced notably in the following year.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 1.9 | 450 | 364 | 1284.1% |
| Brazil | 55.5 | N/A | 16.3 | 87.9 | 16.6% |
| Indonesia | N/A | N/A | N/A | 33.1 | 0% |
| Sri Lanka | N/A | N/A | N/A | 16.0 | 0% |
| New Zealand | 13.5 | 15.7 | 29.9 | 3.5 | -36.2% |
| Turkey | N/A | N/A | 114 | N/A | 0% |
| Others | 33.3 | 21.2 | 11.9 | N/A | -40.2% |
| Total | 102 | 38.8 | 622 | 505 | 70.4% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Australia in 2022:
- United Arab Emirates (6.4 tons)
- Brazil (1.6 tons)
- Indonesia (1.0 tons)
- Sri Lanka (0.4 tons)
- New Zealand (0.2 tons)
452
This report provides an in-depth analysis of the woolen yarn market in Australia.
1725
This report provides an in-depth analysis of the global woolen yarn market.
158
The highest growth rate was observed in March 2023, with a monthly increase of 20%. In terms of value, imports of Woolen Yarn decreased to $1.7M in November 2023.
768
In value terms, flax yarn imports amounted to $X in 2016. Overall, it indicated a mild increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last...
692
In value terms, yarn of vegetable textile fibres imports totaled $X in 2016. Overall, yarn of vegetable textile fibres imports continue to indicate a relatively flat trend pattern. Over the period u...
1096
In value terms, metallised yarn imports totaled $X in 2016. Overall, metallised yarn imports continue to indicate a relatively flat trend pattern. Global metallised yarn import peaked of $X in X>
908
In value terms, articles of yarn and strip imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some no...
763
In value terms, flax yarn exports amounted to $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...
772
In value terms, yarn of vegetable textile fibres exports totaled $X in 2016. In general, yarn of vegetable textile fibres exports continue to indicate a perceptible setback. Over the period under re...
965
In value terms, metallised yarn exports stood at $X in 2016. Overall, metallised yarn exports continue to indicate a relatively flat trend pattern. Global metallised yarn export peaked of $X in ...
555
In value terms, articles of yarn and strip exports totaled $X in 2016. In general, articles of yarn and strip exports continue to indicate a strong increase. In that year, global articles of yarn a...
