Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Nepal - 2022

Contents:

  1. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Nepal (CIF) - 2022
  2. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Nepal (FOB) - 2022
  3. Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Nepal
  4. Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Nepal

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Nepal (CIF) - 2022

In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $11,512 per ton, reducing by -8.7% against the previous year. Overall, the import price recorded a deep setback. The pace of growth appeared the most rapid in 2020 when the average import price increased by 29%. Over the period under review, average import prices reached the peak figure at $24,186 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($58,940 per ton), while the price for India ($9,834 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Nepal (FOB) - 2022

In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $21,727 per ton, standing approx. at the previous year. In general, the export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 53%. As a result, the export price attained the peak level of $28,191 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($155,848 per ton), while the average price for exports to India ($4,227 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 Thailand (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Nepal

Imports of yarn of combed wool, not put up for retail sale into Nepal soared to 118 tons in 2022, jumping by 23% against 2021. In general, imports, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 129% against the previous year.

In value terms, imports of yarn of combed wool, not put up for retail sale totaled $1.4M in 2022. Over the period under review, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 89%.

Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5263426145994.4%
China924174465533-16.8%
Italy11381.876.418818.5%
Others46.342.953.438.5-6.0%
Total1,6096401,2091,358-5.5%

Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Nepal in 2022:

  1. India (60.9 tons)
  2. China (52.6 tons)
  3. Italy (3.2 tons)

Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Nepal

After three years of growth, overseas shipments of yarn of combed wool, not put up for retail sale decreased by -47.8% to 710 kg in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 53%.

In value terms, exports of yarn of combed wool, not put up for retail sale declined markedly to $15K in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 134% against the previous year. As a result, the exports attained the peak of $37K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand12.729.819.610.3-6.7%
India1.32.66.52.524.4%
United States0.71.92.41.631.7%
SwedenN/AN/A0.50.50.0%
GermanyN/A2.2N/AN/A0%
Others1.10.50.80.5-23.1%
Total15.837.029.915.4-0.9%

Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Nepal in 2022:

  1. India (582.0 kg)
  2. Thailand (66.0 kg)
  3. Sweden (26.0 kg)
  4. United States (21.0 kg)

Source: IndexBox Market Intelligence Platform

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