Price for Yarn of Combed Wool, Not Put Up for Retail Sale in the United Arab Emirates - 2022
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in the United Arab Emirates (CIF) - 2022
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in the United Arab Emirates (FOB) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in the United Arab Emirates
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in the United Arab Emirates
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $18,972 per ton, shrinking by -38.3% against the previous year. Overall, the import price, however, saw a moderate increase. The growth pace was the most rapid in 2021 an increase of 260%. As a result, import price attained the peak level of $30,759 per ton, and then shrank significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($200,747 per ton), while the price for Bangladesh ($5,086 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+131.9%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $10,521 per ton, increasing by 110% against the previous year. Over the period under review, the export price saw a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($36,000 per ton), while the average price for exports to Oman ($1,107 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 Pakistan (+29.0%), 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 the United Arab Emirates
Imports of yarn of combed wool, not put up for retail sale into the United Arab Emirates skyrocketed to 26 tons in 2022, rising by 70% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a noticeable slump.
In value terms, imports of yarn of combed wool, not put up for retail sale expanded slightly to $492K in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 260% against the previous year. Over the period under review, imports of attained the peak figure 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 the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | 361 | 254 | -29.6% |
| Bangladesh | 120 | 67.6 | 45.2 | 113 | -2.0% |
| India | 2.8 | 0.4 | 32.9 | 58.8 | 175.9% |
| China | 14.5 | 6.8 | 2.0 | 26.1 | 21.6% |
| Iran | N/A | N/A | N/A | 11.7 | 0% |
| Others | 31.2 | 55.6 | 28.3 | 28.2 | -3.3% |
| Total | 168 | 130 | 469 | 492 | 43.1% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to the United Arab Emirates in 2022:
- Bangladesh (22.1 tons)
- Australia (1.3 tons)
- India (1.0 tons)
- Iran (0.5 tons)
- China (0.5 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in the United Arab Emirates
In 2022, approx. 1.1 tons of yarn of combed wool, not put up for retail sale were exported from the United Arab Emirates; increasing by 55% on the year before. In general, exports, however, faced a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. As a result, the exports reached the peak of 13 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of yarn of combed wool, not put up for retail sale soared to $11K in 2022. Overall, exports, however, showed a significant decline.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 17.2 | 42.1 | 0.5 | 5.8 | -30.4% |
| Iran | 14.5 | 18.7 | 2.5 | 2.4 | -45.1% |
| Turkey | 1.4 | 0.8 | N/A | 1.9 | 10.7% |
| Oman | 1.7 | 1.7 | 0.2 | 0.1 | -61.1% |
| Tanzania | N/A | 4.5 | N/A | N/A | 0% |
| Others | 2.1 | 0.7 | 0.3 | 1.0 | -21.9% |
| Total | 36.8 | 68.6 | 3.4 | 11.2 | -32.7% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from the United Arab Emirates in 2022:
- India (558.0 kg)
- Iran (267.0 kg)
- Oman (122.0 kg)
- Turkey (93.0 kg)
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This report provides an in-depth analysis of the woolen yarn market in the United Arab Emirates.
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