India - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Yarn Price in India - 2023
Contents:
- Woolen Yarn Price in India (FOB) - 2023
- Woolen Yarn Price in India (CIF) - 2023
- Woolen Yarn Exports in India
- Woolen Yarn Imports in India
Woolen Yarn Price in India (FOB) - 2023
In July 2023, the average woolen yarn export price amounted to $14,306 per ton, increasing by 6.6% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 14% m-o-m. Over the period under review, the average export prices attained the peak figure at $15,042 per ton in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Chile ($27,680 per ton), while the average price for exports to Portugal ($2,615 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Woolen Yarn Price in India (CIF) - 2023
The average woolen yarn import price stood at $10,724 per ton in July 2023, surging by 7.1% against the previous month. Over the period under review, the import price, however, showed a pronounced descent. The pace of growth appeared the most rapid in December 2022 an increase of 195% m-o-m. Over the period under review, average import prices attained the peak figure at $19,223 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($38,851 per ton), while the price for Afghanistan ($4,362 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Woolen Yarn Exports in India
In 2022, approx. 9.1K tons of yarn of wool were exported from India; rising by 39% against 2021. Over the period under review, total exports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, woolen yarn exports surged to $113M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern.
Export of Woolen Yarn in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 31.8 | 13.5 | 17.3 | 25.6 | -7.0% |
South Korea | 21.2 | 17.4 | 15.6 | 22.1 | 1.4% |
Japan | 24.5 | 8.2 | 5.4 | 15.6 | -14.0% |
Italy | 12.8 | 6.0 | 9.8 | 12.3 | -1.3% |
Sri Lanka | 2.4 | 2.5 | 4.5 | 5.7 | 33.4% |
Israel | 5.0 | 3.2 | 4.0 | 5.0 | 0.0% |
United States | 3.2 | 4.5 | 4.3 | 4.8 | 14.5% |
Australia | 0.4 | 1.1 | 1.7 | 2.1 | 73.8% |
New Zealand | 1.0 | 1.2 | 1.5 | 1.7 | 19.3% |
Turkey | 0.5 | 2.5 | 1.1 | 1.6 | 47.4% |
Nepal | 0.9 | 0.5 | 0.7 | 1.0 | 3.6% |
Others | 13.0 | 10.4 | 13.9 | 16.0 | 7.2% |
Total | 117 | 71.0 | 79.8 | 113 | -1.2% |
Top Export Markets for Woolen Yarn from India in 2022:
- United Kingdom (2278.6 tons)
- South Korea (1663.6 tons)
- Italy (1192.1 tons)
- Japan (793.8 tons)
- United States (546.1 tons)
- Israel (322.8 tons)
- Sri Lanka (255.4 tons)
- Australia (196.5 tons)
- Nepal (193.5 tons)
- New Zealand (145.7 tons)
- Turkey (141.5 tons)
Woolen Yarn Imports in India
In 2022, woolen yarn imports into India surged to 679 tons, jumping by 41% against the year before. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 105%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, woolen yarn imports skyrocketed to $8.8M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Woolen Yarn in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,225 | 1,217 | 1,958 | 3,135 | 12.1% |
Italy | 1,439 | 1,322 | 1,442 | 2,095 | 13.3% |
United Kingdom | 510 | 665 | 613 | 1,771 | 51.4% |
Afghanistan | 139 | 545 | 644 | 586 | 61.5% |
Iran | 133 | 243 | 341 | 460 | 51.2% |
Hong Kong SAR | 46.2 | 53.3 | 99.4 | 197 | 62.2% |
Japan | 3.0 | 322 | 3.5 | 162 | 278.0% |
Egypt | 43.7 | 44.8 | 33.5 | 28.5 | -13.3% |
Others | 459 | 647 | 270 | 365 | -7.4% |
Total | 4,998 | 5,059 | 5,405 | 8,799 | 20.7% |
Top Suppliers of Woolen Yarn to India in 2022:
- Afghanistan (157.4 tons)
- United Kingdom (133.4 tons)
- China (125.0 tons)
- Iran (107.6 tons)
- Italy (86.6 tons)
- Japan (25.8 tons)
- Hong Kong SAR (11.0 tons)
- Egypt (8.1 tons)
This report provides an in-depth analysis of the woolen yarn market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the woolen yarn market in India.
This report provides an in-depth analysis of the global woolen yarn market.
This report provides an in-depth analysis of the woolen yarn market in India.
This report provides an in-depth analysis of the global woolen yarn market.
The export volume of Woolen Yarn increased by an average monthly rate of +1.3% from July 2022 to July 2023, with noticeable fluctuations recorded in certain months. In terms of value, Woolen Yarn exports surged to $12M in July 2023.
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The export volume of Woolen Yarn increased by an average monthly rate of +1.3% from July 2022 to July 2023, with noticeable fluctuations recorded in certain months. In terms of value, Woolen Yarn exports surged to $12M in July 2023.