Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Korea - 2022
Contents:
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Korea (CIF) - 2022
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Korea (FOB) - 2022
- Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Korea
- Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Korea
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Korea (CIF) - 2022
In December 2022, the average import price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $39,618 per ton, falling by -50.3% against the previous month. In general, the import price showed a perceptible reduction. The growth pace was the most rapid in March 2022 an increase of 87% m-o-m. As a result, import price reached the peak level of $115K per ton. From April 2022 to December 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($85,814 per ton), while the price for China ($25,785 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Korea (FOB) - 2022
The average export price for yarn; of fine animal hair, combed, not put up for retail sale stood at $40,516 per ton in 2022, rising by 28% against the previous year. Overall, the export price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 81% against the previous year. As a result, the export price reached the peak level of $88,430 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($51,582 per ton), while the average price for exports to China ($37,634 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 Vietnam (+17.7%), 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 South Korea
In 2022, imports of yarn; of fine animal hair, combed, not put up for retail sale into South Korea skyrocketed to 172 tons, picking up by 54% against the year before. Overall, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 78%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale totaled $5.9M in 2022. Over the period under review, imports, however, continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year.
| Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.8 | 2.4 | 3.8 | 3.9 | 11.7% |
| China | 0.7 | 0.4 | 1.1 | 1.3 | 22.9% |
| Peru | 2.7 | 0.6 | 0.8 | 0.6 | -39.4% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 6.2 | 3.4 | 5.7 | 5.9 | -1.6% |
Top Suppliers of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale to South Korea in 2022:
- Italy (70.8 tons)
- China (61.9 tons)
- Peru (37.2 tons)
Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Korea
In 2022, overseas shipments of yarn; of fine animal hair, combed, not put up for retail sale decreased by -58.8% to 14 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year.
In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale shrank rapidly to $584K in 2022. In general, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 when exports increased by 74% against the previous year.
| Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 276 | 276 | 490 | 392 | 12.4% |
| Hong Kong SAR | 40.6 | 392 | 494 | 149 | 54.2% |
| Vietnam | 77.2 | 29.9 | 124 | 40.8 | -19.1% |
| Others | 8.1 | 2.1 | 2.8 | 2.4 | -33.3% |
| Total | 402 | 701 | 1,111 | 584 | 13.3% |
Top Export Markets for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale from South Korea in 2022:
- China (10.4 tons)
- Hong Kong SAR (3.2 tons)
- Vietnam (0.8 tons)
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