Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Lithuania - 2023

Contents:

  1. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Lithuania (CIF) - 2023
  2. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Lithuania (FOB) - 2023
  3. Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Lithuania
  4. Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Lithuania

Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Lithuania (CIF) - 2023

In December 2023, the average import price for yarn; of fine animal hair, carded, not put up for retail sale amounted to $23,480 per ton, reducing by -19.1% against the previous month. In general, the import price saw a deep slump. The pace of growth was the most pronounced in May 2023 an increase of 197% m-o-m. The import price peaked at $115K per ton in February 2023; however, from March 2023 to December 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Estonia ($26,393 per ton), while the price for Italy amounted to $23,414 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Denmark (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Lithuania (FOB) - 2023

The average export price for yarn; of fine animal hair, carded, not put up for retail sale stood at $24,928 per ton in December 2023, with an increase of 18% against the previous month. Over the period under review, the export price, however, continues to indicate a slight contraction. The growth pace was the most rapid in October 2023 an increase of 94% month-to-month. The export price peaked at $51,100 per ton in June 2023; however, from July 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($30,698 per ton), while the average price for exports to Kazakhstan ($12,126 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 Kyrgyzstan (+35.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Lithuania

In 2022, approx. 24 tons of yarn; of fine animal hair, carded, not put up for retail sale were imported into Lithuania; dropping by -12.4% compared with the year before. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 156% against the previous year. As a result, imports attained the peak of 27 tons, and then fell in the following year.

In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale reduced sharply to $1.1M in 2022. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 121%. As a result, imports reached the peak of $1.8M, and then dropped markedly in the following year.

Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6298081,60791413.3%
FinlandN/AN/A59.511491.6%
GermanyN/AN/A85.4N/A0%
Others25.68.454.121.8-5.2%
Total6548161,8061,05017.1%

Top Suppliers of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale to Lithuania in 2022:

  1. Italy (20.2 tons)
  2. Finland (3.7 tons)

Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Lithuania

Exports of yarn; of fine animal hair, carded, not put up for retail sale from Lithuania skyrocketed to 18 tons in 2022, jumping by 1,613% on 2021. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn; of fine animal hair, carded, not put up for retail sale skyrocketed to $517K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia22.012419.3191105.5%
KazakhstanN/AN/AN/A1740%
ArmeniaN/AN/AN/A75.90%
Belarus4.50.23.264.4142.8%
Italy2.436.48.911.468.1%
OthersN/A4.3N/AN/A0%
Total28.916431.3517161.5%

Top Export Markets for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale from Lithuania in 2022:

  1. Kazakhstan (7.6 tons)
  2. Russia (5.9 tons)
  3. Armenia (2.6 tons)
  4. Belarus (2.2 tons)
  5. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

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