Woolen Yarn Market
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 REPORT on the Woolen Yarn Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.
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 |
|---|---|---|---|---|
| USD per tonne | ||||
| 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 tonne), while Lithuania ($6,972 per tonne) 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 |
|---|---|---|---|---|
| USD per tonne | ||||
| 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 tonne), while the Netherlands ($8,587 per tonne) 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 |
|---|---|---|---|---|
| billion USD | ||||
| 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 |
|---|---|---|---|---|
| billion USD | ||||
| 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
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World - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global woolen yarn market.
South-Eastern Asia - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the woolen yarn market in South-Eastern Asia.
Northern America - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the woolen yarn market in Northern America.
Eastern Asia - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights
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192
This report provides an in-depth analysis of the woolen yarn market in Eastern Asia.
Central Asia - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights
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188
This report provides an in-depth analysis of the woolen yarn market in Central Asia.
Australia and Oceania - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights
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180
This report provides an in-depth analysis of the woolen yarn market in Australia and Oceania.
Africa - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights
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178
This report provides an in-depth analysis of the woolen yarn market in Africa.
Southern Asia - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights
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May 14, 2022
175
This report provides an in-depth analysis of the woolen yarn market in Southern Asia.
Middle East - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights
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May 14, 2022
164
This report provides an in-depth analysis of the woolen yarn market in the Middle East.
Latin America and the Caribbean - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights
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May 14, 2022
163
This report provides an in-depth analysis of the woolen yarn market in Latin America and the Caribbean.
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