Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Nepal - 2022
Contents:
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Nepal (CIF) - 2022
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Nepal (FOB) - 2022
- Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Nepal
- Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Nepal
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Nepal (CIF) - 2022
The average import price for yarn; of fine animal hair, combed, not put up for retail sale stood at $41,036 per ton in 2022, with a decrease of -3.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $51,666 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($44,031 per ton), while the price for China totaled $41,771 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.6%).
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Nepal (FOB) - 2022
In 2022, the average export price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $28,833 per ton, with a decrease of -10.9% against the previous year. In general, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 29% against the previous year. The export price peaked at $43,484 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($42,750 per ton), while the average price for exports to Switzerland ($1,000 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 China (+52.9%), while the prices for the other major destinations experienced a decline.
Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Nepal
Imports of yarn; of fine animal hair, combed, not put up for retail sale into Nepal declined to 313 tons in 2022, shrinking by -14.9% compared with 2021. Over the period under review, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports reached the peak of 368 tons, and then shrank in the following year.
In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale shrank notably to $13M in 2022. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, imports attained the peak of $16M, and then declined rapidly in the following year.
| Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.3 | 9.2 | 15.0 | 12.5 | -4.4% |
| Italy | 0.5 | 0.5 | 0.5 | 0.2 | -26.3% |
| Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Total | 15.1 | 9.9 | 15.6 | 12.9 | -5.1% |
Top Suppliers of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale to Nepal in 2022:
- China (300.3 tons)
- Italy (3.7 tons)
Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Nepal
For the third consecutive year, Nepal recorded decline in overseas shipments of yarn; of fine animal hair, combed, not put up for retail sale, which decreased by -25% to 6 kg in 2022. In general, exports saw a precipitous contraction.
In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale shrank significantly to $173 in 2022. Overall, exports recorded a sharp contraction. The smallest decline of -24.9% was in 2021.
| Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,085 | 345 | 258 | 171 | -46.0% |
| Austria | N/A | N/A | N/A | 1.0 | 0% |
| Switzerland | N/A | N/A | N/A | 1.0 | 0% |
| Canada | N/A | N/A | 1.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,085 | 345 | 259 | 173 | -45.8% |
Top Export Markets for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale from Nepal in 2022:
- United States (4.0 kg)
- Switzerland (1.0 kg)
- Austria (1.0 kg)
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