Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in the Philippines - 2023

Contents:

  1. Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in the Philippines (CIF) - 2022
  2. Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in the Philippines

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

In 2022, the average import price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $40,229 per ton, surging by 18% against the previous year. Over the period under review, the import price enjoyed significant growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 936%. Over the period under review, average import prices reached the maximum at $88,209 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($45,812 per ton), while the price for Japan ($18,200 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+29.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of yarn; of fine animal hair, combed, not put up for retail sale imported into the Philippines surged to 554 kg, with an increase of 399% compared with the previous year. Overall, imports, however, recorded a dramatic curtailment.

In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale soared to $22K in 2022. In general, imports, however, faced a dramatic setback.

Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/A3.413.1285.3%
ColombiaN/AN/AN/A8.50%
ItalyN/AN/AN/A0.60%
China150N/A0.4N/A-94.8%
OthersN/AN/AN/A0.10%
Total150N/A3.822.3-47.0%

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

  1. Peru (287.0 kg)
  2. Colombia (247.0 kg)
  3. Italy (15.0 kg)

Source: IndexBox Market Intelligence Platform

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