Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Sri Lanka - 2022
Contents:
- Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Sri Lanka (CIF) - 2022
- Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Sri Lanka
Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Sri Lanka (CIF) - 2022
In 2022, the average import price for yarn; of fine animal hair, carded, not put up for retail sale amounted to $129,654 per ton, reducing by -5.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 88% against the previous year. Over the period under review, average import prices reached the maximum at $137,504 per ton in 2021, and then fell in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($130,374 per ton), while the price for Hong Kong SAR stood at $120,136 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Sri Lanka
For the fourth consecutive year, Sri Lanka recorded growth in overseas purchases of yarn; of fine animal hair, carded, not put up for retail sale, which increased by 7.7% to 5 tons in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale expanded to $653K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 302 | 382 | 494 | 610 | 26.4% |
| Hong Kong SAR | 32.7 | 34.5 | 61.6 | 42.5 | 9.1% |
| United States | N/A | N/A | 87.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 335 | 416 | 643 | 653 | 24.9% |
Top Suppliers of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale to Sri Lanka in 2022:
- China (4.7 tons)
- Hong Kong SAR (0.4 tons)
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