Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Nepal - 2022
Contents:
- Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Nepal (CIF) - 2022
- Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Nepal (FOB) - 2022
- Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Nepal
- Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Nepal
Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Nepal (CIF) - 2022
The average import price for yarn; of fine animal hair, carded, not put up for retail sale stood at $149,249 per ton in 2022, with an increase of 8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.0% per year.
Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Nepal (FOB) - 2022
The average export price for yarn; of fine animal hair, carded, not put up for retail sale stood at $89,667 per ton in 2022, surging by 12% against the previous year. Over the period under review, the export price continues to indicate strong growth. The growth pace was the most rapid in 2019 an increase of 114%. Over the period under review, the average export prices reached the maximum at $134,200 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($100,343 per ton), while the average price for exports to Canada ($17,000 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 Canada (-4.3%).
Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Nepal
In 2022, purchases abroad of yarn; of fine animal hair, carded, not put up for retail sale was finally on the rise to reach 46 tons after two years of decline. In general, imports, however, continue to indicate a significant decline.
In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale skyrocketed to $6.8M in 2022. Overall, imports, however, recorded a dramatic shrinkage.
| Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.8 | 7.6 | 2.2 | 6.6 | -23.6% |
| Hong Kong SAR | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Others | 0.2 | 1.0 | 0.1 | 0.2 | 0.0% |
| Total | 15.3 | 8.8 | 2.3 | 6.8 | -23.7% |
Top Suppliers of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale to Nepal in 2022:
- China (43.8 tons)
- Hong Kong SAR (0.7 tons)
Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Nepal
Exports of yarn; of fine animal hair, carded, not put up for retail sale from Nepal plummeted to 41 kg in 2022, shrinking by -71.7% compared with the previous year's figure. In general, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,350%.
In value terms, exports of yarn; of fine animal hair, carded, not put up for retail sale dropped remarkably to $3.8K in 2022. Overall, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 766% against the previous year.
| Export of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 3.5 | 0% |
| Denmark | N/A | N/A | N/A | 0.2 | 0% |
| Bulgaria | N/A | 1.3 | N/A | N/A | 0% |
| Hong Kong SAR | 19.1 | N/A | N/A | N/A | 0% |
| Switzerland | N/A | N/A | 11.2 | N/A | 0% |
| Austria | N/A | N/A | 0.4 | N/A | 0% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 19.3 | 1.3 | 11.6 | 3.8 | -41.8% |
Top Export Markets for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale from Nepal in 2022:
- Japan (35.0 kg)
- Denmark (5.0 kg)
- Canada (1.0 kg)
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