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

Contents:

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

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

The average export price for yarn; of fine animal hair, combed, not put up for retail sale stood at $22,953 per ton in 2022, with an increase of 6.7% against the previous year. In general, the export price showed a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 173%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +6.8% per year.

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

The average import price for yarn; of fine animal hair, combed, not put up for retail sale stood at $48,792 per ton in 2022, growing by 13% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for yarn; of fine animal hair, combed, not put up for retail sale increased by +68.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 49% against the previous year. The import price peaked at $53,330 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($112,429 per ton), while the price for Japan ($25,495 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced a decline.

Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Indonesia

In 2022, the amount of yarn; of fine animal hair, combed, not put up for retail sale exported from Indonesia skyrocketed to 9.8 tons, picking up by 31% against the previous year's figure. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 19,537% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale surged to $225K in 2022. Overall, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 42,582% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/AN/A16022540.6%
Others0.30.40.4N/A15.5%
Total0.30.4160225808.6%

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

  1. Vietnam (9.8 tons)

Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Indonesia

In 2022, the amount of yarn; of fine animal hair, combed, not put up for retail sale imported into Indonesia surged to 221 kg, increasing by 235% against 2021. Over the period under review, imports, however, saw a precipitous contraction.

In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale surged to $11K in 2022. Overall, imports, however, continue to indicate a abrupt contraction.

Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.19.51.67.250.8%
Japan12.28.30.92.4-41.8%
Hong Kong SAR4.04.10.40.8-41.5%
Italy1.10.6N/A0.4-28.6%
OthersN/A0.1N/AN/A0%
Total19.522.62.810.8-17.9%

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

  1. China (110.0 kg)
  2. Japan (93.0 kg)
  3. Italy (10.0 kg)
  4. Hong Kong SAR (7.0 kg)

Source: IndexBox Market Intelligence Platform

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