Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $9,573 per ton, with a decrease of -46.6% against the previous year. In general, the import price faced a dramatic slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 54% against the previous year. The import price peaked at $131,865 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($45,736 per ton), while the price for South Africa ($3,980 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $22,333 per ton, surging by 31% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 46%. Over the period under review, the average export prices hit record highs at $30,529 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($51,111 per ton), while the average price for exports to Oman ($3,545 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 Saudi Arabia (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of yarn; of fine animal hair, combed, not put up for retail sale decreased by -70.8% to 5.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 69%.

In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale contracted rapidly to $51K in 2022. Overall, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year.

Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru18623220828.7-46.4%
South AfricaN/A0.11.710.9944.0%
Italy1.120.287.66.479.9%
China0.73.718.84.180.3%
Others10.17.213.11.1-52.2%
Total19726332951.3-36.1%

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

  1. South Africa (2.8 tons)
  2. Peru (2.4 tons)
  3. China (0.1 tons)
  4. Italy (0.1 tons)

Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in the United Arab Emirates

For the third consecutive year, the United Arab Emirates recorded decline in overseas shipments of yarn; of fine animal hair, combed, not put up for retail sale, which decreased by -55.6% to 24 kg in 2022. Overall, exports faced a dramatic shrinkage. The smallest decline of -9% was in 2020.

In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale fell notably to $536 in 2022. Over the period under review, exports continue to indicate a sharp shrinkage. The smallest decline of -23.5% was in 2021.

Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in the United Arab Emirates (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia11532425246058.7%
Oman72674911739.0-62.3%
China72411346.023.0-68.3%
QatarN/AN/AN/A8.00%
India7.015.015.06.0-5.0%
JordanN/AN/A484N/A0%
Others1.01.05.0N/A123.6%
Total1,5731,202919536-30.2%

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

  1. Oman (11.0 kg)
  2. Saudi Arabia (9.0 kg)
  3. China (2.0 kg)
  4. Qatar (1.0 kg)
  5. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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