Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Vietnam - 2022
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Vietnam (CIF) - 2022
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Vietnam (FOB) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Vietnam
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Vietnam
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Vietnam (CIF) - 2022
In December 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $23,190 per ton, approximately equating the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 13% m-o-m. Over the period under review, average import prices attained the maximum at $25,077 per ton in October 2022; however, from November 2022 to December 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($74,990 per ton), while the price for China ($22,270 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by India (+4.2%), 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 Vietnam (FOB) - 2022
In December 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $19,617 per ton, which is down by -2.4% against the previous month. In general, the export price saw a pronounced curtailment. The pace of growth was the most pronounced in May 2022 when the average export price increased by 31% month-to-month. Over the period under review, the average export prices attained the maximum at $30,364 per ton in December 2021; however, from January 2022 to December 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In December 2022, the country with the highest price was Japan ($22,201 per ton), while the average price for exports to South Korea ($16,427 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.2%), 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 Vietnam
In 2022, overseas purchases of yarn of combed wool, not put up for retail sale increased by 3.8% to 2.3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep slump.
In value terms, imports of yarn of combed wool, not put up for retail sale expanded notably to $53M in 2022. Over the period under review, imports, however, saw a abrupt setback.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 73.8 | 56.8 | 37.3 | 38.1 | -19.8% |
| Italy | 0.9 | 2.6 | 4.3 | 5.2 | 79.4% |
| South Korea | 0.9 | 0.7 | 1.4 | 3.3 | 54.2% |
| Taiwan (Chinese) | 0.1 | 1.7 | 4.9 | 2.2 | 180.2% |
| Thailand | 0.3 | N/A | 0.4 | 2.0 | 88.2% |
| India | 0.1 | 0.1 | 0.5 | 1.3 | 135.1% |
| Others | 0.8 | 0.4 | 0.5 | 0.6 | -9.1% |
| Total | 76.8 | 62.4 | 49.3 | 52.8 | -11.7% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Vietnam in 2022:
- China (1690.0 tons)
- Italy (197.0 tons)
- South Korea (179.5 tons)
- Thailand (80.5 tons)
- India (67.7 tons)
- Taiwan (Chinese) (63.6 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Vietnam
After three years of growth, overseas shipments of yarn of combed wool, not put up for retail sale decreased by -17.3% to 823 tons in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 302% against the previous year.
In value terms, exports of yarn of combed wool, not put up for retail sale fell significantly to $18M in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 354%.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 2.7 | 4.0 | 7.9 | 71.1% |
| United States | N/A | 2.6 | 6.1 | 2.2 | -8.0% |
| Germany | N/A | 1.8 | 1.5 | 2.2 | 10.6% |
| Turkey | N/A | N/A | 0.8 | 1.0 | 25.0% |
| Japan | 1.7 | 6.2 | 1.8 | 0.8 | -22.2% |
| China | N/A | N/A | 5.8 | 0.6 | -89.7% |
| South Korea | 1.1 | 1.3 | 0.2 | 0.6 | -18.3% |
| Others | 0.4 | 0.2 | 0.7 | 2.3 | 79.2% |
| Total | 3.3 | 14.8 | 20.9 | 17.6 | 74.7% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Vietnam in 2022:
- Italy (408.6 tons)
- Germany (86.7 tons)
- United States (80.8 tons)
- South Korea (45.1 tons)
- Japan (39.7 tons)
- Turkey (38.1 tons)
- China (32.6 tons)
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