Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Pakistan - 2022

Contents:

  1. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Pakistan (CIF) - 2022
  2. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Pakistan (FOB) - 2022
  3. Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Pakistan
  4. Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Pakistan

Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Pakistan (CIF) - 2022

The average import price for yarn; of fine animal hair, carded, not put up for retail sale stood at $91,259 per ton in 2022, increasing by 4.9% against the previous year. In general, the import price enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 99.9% against the previous year. The import price peaked in 2022 and is likely to see gradual 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 +10.9% per year.

Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Pakistan (FOB) - 2022

In 2021, the average export price for yarn; of fine animal hair, carded, not put up for retail sale amounted to $80,357 per ton, dropping by -5.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 23% against the previous year. The export price peaked at $85,625 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.

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

In 2022, the amount of yarn; of fine animal hair, carded, not put up for retail sale imported into Pakistan soared to 16 tons, rising by 19% against 2021 figures. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale surged to $1.4M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.70.91.21.426.0%
OthersN/AN/AN/AN/A0%
Total0.70.91.21.426.0%

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

  1. China (15.8 tons)

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

In 2021, approx. 14 kg of yarn; of fine animal hair, carded, not put up for retail sale were exported from Pakistan; remaining stable against the year before. In general, exports recorded a dramatic decrease. The smallest decline of 99.9% was in 2020.

In value terms, exports of yarn; of fine animal hair, carded, not put up for retail sale totaled $1.1K in 2021. Over the period under review, exports showed a precipitous contraction. The smallest decline of 99.9% was in 2020.

Export of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Pakistan (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United StatesN/AN/A1.10%
Saudi Arabia8.9N/AN/A0%
OthersN/AN/AN/A0%
Total8.9N/A1.1-64.8%

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

  1. United States (14.0 kg)

Source: IndexBox Market Intelligence Platform

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