Price for Yarn of Combed Wool, Not Put Up for Retail Sale in India - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in India (FOB) - 2023
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in India (CIF) - 2022
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in India
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in India
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in India (FOB) - 2023
In November 2023, the average export price for yarn of combed wool, not put up for retail sale amounted to $13,479 per ton, shrinking by -2.9% against the previous month. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average export price increased by 15% m-o-m. The export price peaked at $15,989 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Israel ($18,801 per ton), while the average price for exports to Egypt ($12,238 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in India (CIF) - 2022
In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $12,276 per ton, surging by 6.6% against the previous year. Overall, the import price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2021 an increase of 61%. The import price peaked at $17,102 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($27,988 per ton), while the price for Afghanistan ($1,829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in India
Exports of yarn of combed wool, not put up for retail sale from India skyrocketed to 7.2K tons in 2022, rising by 37% on 2021 figures. Over the period under review, total exports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of yarn of combed wool, not put up for retail sale skyrocketed to $101M in 2022. In general, exports, however, showed a noticeable decrease.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 30.1 | 12.6 | 16.1 | 23.0 | -8.6% |
| Italy | 12.8 | 6.0 | 9.8 | 22.4 | 20.5% |
| South Korea | 21.2 | 17.4 | 15.6 | 16.9 | -7.3% |
| Japan | 24.5 | 8.2 | 5.4 | 11.5 | -22.3% |
| Israel | 5.0 | 3.2 | 4.0 | 4.1 | -6.4% |
| Turkey | 0.5 | 2.5 | 1.1 | 2.2 | 63.9% |
| Egypt | 0.6 | 0.5 | 0.3 | 2.2 | 54.2% |
| Sri Lanka | 2.4 | 2.5 | 4.5 | 1.8 | -9.1% |
| Australia | 0.4 | 1.0 | 1.2 | 1.1 | 40.1% |
| New Zealand | 1.0 | 1.2 | 1.3 | 1.1 | 3.2% |
| Others | 12.1 | 7.8 | 9.9 | 14.8 | 6.9% |
| Total | 110 | 62.9 | 69.2 | 101 | -2.8% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from India in 2022:
- Italy (1791.7 tons)
- United Kingdom (1668.0 tons)
- South Korea (1280.7 tons)
- Japan (610.5 tons)
- Israel (237.7 tons)
- Turkey (178.9 tons)
- Egypt (163.8 tons)
- Sri Lanka (112.4 tons)
- Australia (108.4 tons)
- New Zealand (95.2 tons)
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in India
In 2022, imports of yarn of combed wool, not put up for retail sale into India skyrocketed to 524 tons, increasing by 65% on the previous year. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of yarn of combed wool, not put up for retail sale soared to $6.4M in 2022. Over the period under review, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,942 | 1,066 | 1,781 | 3,968 | 26.9% |
| Italy | 1,331 | 614 | 966 | 958 | -10.4% |
| United Kingdom | 182 | 104 | 114 | 555 | 45.0% |
| Iran | 132 | 238 | 298 | 510 | 56.9% |
| Afghanistan | 138 | 326 | 379 | 208 | 14.7% |
| Belgium | N/A | 94.0 | N/A | N/A | 0% |
| United Arab Emirates | 35.0 | 68.5 | N/A | N/A | 95.7% |
| Others | 333 | 560 | 118 | 229 | -11.7% |
| Total | 4,093 | 3,069 | 3,655 | 6,428 | 16.2% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to India in 2022:
- China (193.2 tons)
- Iran (116.8 tons)
- Afghanistan (113.7 tons)
- United Kingdom (44.4 tons)
- Italy (34.2 tons)
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