Report Update: Dec 1, 2023

World - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights

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Woolen Yarn Market

Name: Woolen Yarn Market
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Woolen yarn market, IndexBox, market research, global market, publisher

Woolen yarn market: discover newly released statistics provided by an Ai-driven market intelligence tool. Statistics cover companies, consumption, imports, exports, production, trade, market prices, and market size. There is a split by country, including China, the U.S., Russia, Africa, the Middle East, EU, Latin America, and the U.K. Market trends and outlook to 2030 are also provided in the dashboards.

Get FREE access to the latest data and statistics on the Woolen Yarn Market.

Woolen Yarn - World's Largest Markets

Rating	Country
1	China
2	India
3	Italy
4	Mexico
5	United Kingdom

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by Italy.

In China, the woolen yarn market expanded at an average annual rate of +5.5% over the period from 2018-2020. In the other countries, the average annual rates were as follows: India (+20.8% per year) and Italy (-20.8% per year).

Woolen Yarn Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Lithuania	10444	10601	6972	-18.3%
Spain	8305	8996	9803	8.6%
Turkey	11810	9675	11493	-1.4%
India	14269	14391	12367	-6.9%
United Kingdom	11623	12599	15879	16.9%
Poland	14986	18176	18049	9.7%
Bulgaria	19403	20599	19121	-0.7%
Czech Republic	20323	20811	20679	0.9%
Romania	21890	22343	21409	-1.1%
Italy	24219	25939	26660	4.9%
Germany	23168	23911	26827	7.6%
Hong Kong SAR	27220	31061	30496	5.8%
China	33510	38601	34247	1.1%
Average	20641	22266	22399	4.2%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China ($34,247 per ton), while Lithuania ($6,972 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Hong Kong SAR	34053	39056	36619	3.7%
Turkey	23864	24098	25463	3.3%
Norway	24253	26594	25398	2.3%
Germany	22113	22752	24019	4.2%
United States	19721	20441	22378	6.5%
Italy	22491	23354	21790	-1.6%
South Korea	24533	24279	21784	-5.8%
Japan	22991	23652	20978	-4.5%
Vietnam	25028	26510	20127	-10.3%
Denmark	11348	12955	15802	18.0%
Australia	14069	12427	12279	-6.6%
United Kingdom	10341	10807	10710	1.8%
Netherlands	9101	8888	8587	-2.9%
Average	20074	20895	20614	1.3%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Hong Kong SAR ($36,619 per ton), while the Netherlands ($8,587 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Denmark, while the other global leaders experienced more modest paces of growth.

Woolen Yarn - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Italy	0.5	0.4	0.3	-22.5%
Hong Kong SAR	0.4	0.3	0.2	-20.9%
Germany	0.3	0.2	0.2	-17.5%
United Kingdom	0.2	0.2	0.1	-13.0%
Vietnam	0.09	0.1	0.1	19.4%

In value terms, the largest woolen yarn importing markets worldwide were Italy ($280M), Hong Kong SAR ($245M) and Germany ($174M), together comprising 31% of global imports. The UK, Vietnam, the United States, Norway, Denmark, Japan, South Korea, Turkey, the Netherlands and Australia lagged somewhat behind, together accounting for a further 32%.

Vietnam saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Woolen Yarn - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	1	1.1	0.8	-12.4%
Italy	0.6	0.6	0.5	-14.6%
Hong Kong SAR	0.3	0.2	0.2	-19.4%
Germany	0.2	0.2	0.2	-9.2%
Romania	0.2	0.2	0.1	-15.8%

In value terms, China ($756M), Italy ($453M) and Hong Kong SAR ($188M) appeared to be the countries with the highest levels of exports in 2020, together comprising 55% of global exports. Germany, Romania, the Czech Republic, Bulgaria, the UK, India, Lithuania, Poland, Turkey and Spain lagged somewhat behind, together accounting for a further 29%.

Lithuania saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Woolen Yarn - Market Forecast

Driven by rising demand for woolen yarn worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Woolen Yarn - Top Companies

Beijing Jing-Ao Wool Co., Ltd., Yingde Jiaxing Shoe Materials Co., Ltd., TORAY INDUSTRIES,INC., INDORAMA VENTURES PUBLIC COMPANY LIMITED, Shandong Weiqiao Pioneering Group Co., Ltd., Maoming Lvyuan Food Co., Ltd., Shandong Ruyi Technology Group Co., Ltd., JIANGSU GUO TAI INTERNATIONAL GROUP GUO MAO CO., LTD., KOLON INDUSTRIES, INC., WEIQIAO TEXTILE CO., LTD., FUTURIS AUSTRALIA PTY LIMITED, Huafu Fashion Co., Ltd., Shanghai Shenda Co., Ltd., SOCIETE SOFRIP DE RECYCLAGE DE TEXTILE, Parkdale, Incorporated, ALOK INDUSTRIES LIMITED, UNITIKA LTD., HUVIS Corporation, SHINKONG SYNTHETIC FIBERS CORP., PHILIP MORRIS MANUFACTURING & TECHNOLOGY BOLOGNA S.P.A

Woolen Yarn - Product Coverage

HS 5106 - Yarn of carded wool, not put up for retail sale
HS 5107 - Yarn of combed wool, not put up for retail sale
HS 5108 - Yarn of fine animal hair (carded or combed), not put up for retail sale
HS 5109 - Yarn of wool or of fine animal hair, put up for retail sale
HS 5110 - Yarn of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global woolen yarn market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.

• Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.

• Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

• Global market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Global production, split by region and country

• Global trade (exports and imports)

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles

This Chapter is Available Only for the Professional Edition PRO
1. United States
2. China
3. Japan
4. Germany
5. United Kingdom
6. France
7. Brazil
8. Italy
9. Russian Federation
10. India
11. Canada
12. Australia
13. Republic of Korea
14. Spain
15. Mexico
16. Indonesia
17. Netherlands
18. Turkey
19. Saudi Arabia
20. Switzerland
21. Sweden
22. Nigeria
23. Poland
24. Belgium
25. Argentina
26. Norway
27. Austria
28. Thailand
29. United Arab Emirates
30. Colombia
31. Denmark
32. South Africa
33. Malaysia
34. Israel
35. Singapore
36. Egypt
37. Philippines
38. Finland
39. Chile
40. Ireland
41. Pakistan
42. Greece
43. Portugal
44. Kazakhstan
45. Algeria
46. Czech Republic
47. Qatar
48. Peru
49. Romania
50. Vietnam
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption, By Country, 2018–2022
5. Production, In Physical Terms, By Country, 2012–2022
6. Imports, In Physical Terms, By Country, 2012–2022
7. Imports, In Value Terms, By Country, 2012–2022
8. Import Prices, By Country Of Destination, 2012–2022
9. Exports, In Physical Terms, By Country, 2012–2022
10. Exports, In Value Terms, By Country, 2012–2022
11. Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Consumption, By Country, 2022
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2022
18. Production, In Value Terms, 2012–2022
19. Production, By Country, 2022
20. Production, In Physical Terms, By Country, 2012–2022
21. Imports, In Physical Terms, 2012–2022
22. Imports, In Value Terms, 2012–2022
23. Imports, In Physical Terms, By Country, 2022
24. Imports, In Physical Terms, By Country, 2012–2022
25. Imports, In Value Terms, By Country, 2012–2022
26. Import Prices, By Country, 2012–2022
27. Exports, In Physical Terms, 2012–2022
28. Exports, In Value Terms, 2012–2022
29. Exports, In Physical Terms, By Country, 2022
30. Exports, In Physical Terms, By Country, 2012–2022
31. Exports, In Value Terms, By Country, 2012–2022
32. Export Prices, 2012–2022