Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Italy - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Italy (CIF) - 2023
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Italy (FOB) - 2023
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Italy
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Italy
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Italy (CIF) - 2023
The average import price for yarn of combed wool, not put up for retail sale stood at $21,776 per ton in December 2023, shrinking by -4.8% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2023 an increase of 44% month-to-month. Over the period under review, average import prices reached the peak figure at $23,734 per ton in June 2023; however, from July 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($32,921 per ton), while the price for Hungary ($9,267 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 Poland (+2.2%), 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 Italy (FOB) - 2023
The average export price for yarn of combed wool, not put up for retail sale stood at $35,938 per ton in December 2023, increasing by 3.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in November 2023 an increase of 46% m-o-m. The export price peaked at $36,127 per ton in June 2023; however, from July 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Cambodia ($39,778 per ton), while the average price for exports to Israel ($13,447 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 France (+2.8%), 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 Italy
Imports of yarn of combed wool, not put up for retail sale into Italy skyrocketed to 16K tons in 2022, growing by 33% compared with 2021 figures. Overall, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.7% 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 +53.1% against 2020 indices. 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 $327M in 2022. Over the period under review, imports, however, saw a slight downturn.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 68.6 | 46.7 | 41.3 | 60.0 | -4.4% |
| Czech Republic | 53.1 | 28.2 | 31.1 | 47.9 | -3.4% |
| Poland | 66.4 | 55.9 | 81.7 | 46.5 | -11.2% |
| Bulgaria | 48.3 | 40.6 | 32.3 | 46.1 | -1.5% |
| China | 16.3 | 10.0 | 12.1 | 35.5 | 29.6% |
| Thailand | 15.2 | 6.2 | 12.5 | 25.3 | 18.5% |
| India | 11.8 | 7.7 | 11.2 | 20.3 | 19.8% |
| Germany | 42.1 | 19.8 | 14.2 | 7.4 | -44.0% |
| Others | 15.2 | 13.6 | 14.5 | 38.2 | 36.0% |
| Total | 337 | 228 | 251 | 327 | -1.0% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Italy in 2022:
- Romania (3.0K tons)
- Poland (2.6K tons)
- Bulgaria (2.2K tons)
- Czech Republic (2.0K tons)
- China (1.6K tons)
- India (1.5K tons)
- Thailand (1.1K tons)
- Germany (0.3K tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Italy
In 2022, the amount of yarn of combed wool, not put up for retail sale exported from Italy expanded markedly to 8.7K tons, with an increase of 12% compared with 2021. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of yarn of combed wool, not put up for retail sale expanded markedly to $257M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 21.2 | 16.5 | 19.9 | 24.6 | 5.1% |
| Turkey | 17.8 | 13.7 | 16.6 | 24.0 | 10.5% |
| Portugal | 7.0 | 9.0 | 19.2 | 21.1 | 44.5% |
| Hong Kong SAR | 32.9 | 17.2 | 25.6 | 19.9 | -15.4% |
| Germany | 14.1 | 14.7 | 18.5 | 19.6 | 11.6% |
| United Kingdom | 18.7 | 8.3 | 10.6 | 13.9 | -9.4% |
| France | 11.2 | 9.8 | 13.7 | 13.7 | 6.9% |
| China | 17.7 | 12.5 | 12.6 | 12.1 | -11.9% |
| Czech Republic | 13.9 | 10.9 | 9.5 | 11.2 | -6.9% |
| Bulgaria | 6.5 | 6.5 | 7.2 | 10.2 | 16.2% |
| Tunisia | 3.7 | 5.2 | 4.7 | 7.9 | 28.8% |
| Poland | 4.4 | 4.1 | 5.8 | 7.3 | 18.4% |
| Spain | 5.3 | 6.6 | 8.1 | 5.6 | 1.9% |
| Others | 66.9 | 49.9 | 65.0 | 65.9 | -0.5% |
| Total | 241 | 185 | 237 | 257 | 2.2% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Italy in 2022:
- Portugal (810.7 tons)
- Turkey (803.2 tons)
- Romania (800.1 tons)
- Germany (724.2 tons)
- France (612.1 tons)
- Czech Republic (496.0 tons)
- Hong Kong SAR (468.9 tons)
- United Kingdom (361.8 tons)
- Bulgaria (358.3 tons)
- Tunisia (297.4 tons)
- Poland (285.6 tons)
- Spain (223.0 tons)
- China (211.1 tons)
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