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Report World - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

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

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Global Woolen Yarn Market 2024

Woolen Yarn Market Size

The global woolen yarn market shrank slightly to $X in 2022, falling by X% against the previous year. Overall, consumption recorded a noticeable setback. Over the period under review, the global market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Woolen Yarn Production

In value terms, woolen yarn production contracted modestly to $X in 2022 estimated in export price. Overall, production saw a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Global production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Woolen Yarn Exports

Exports

In 2022, shipments abroad of yarn of wool increased by X% to X tons, rising for the second year in a row after six years of decline. Over the period under review, exports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the global exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, woolen yarn exports declined to $X in 2022. In general, exports, however, continue to indicate a mild decrease. The pace of growth was the most pronounced in 2021 when exports increased by X%. The global exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, China (X tons) and Italy (X tons) represented the major exporters of yarn of woolacross the globe, together amounting to approx. X% of total exports. Lithuania (X tons) took the next position in the ranking, followed by India (X tons), Germany (X tons) and Romania (X tons). All these countries together took approx. X% share of total exports. The Czech Republic (X tons), Bulgaria (X tons), the UK (X tons), Poland (X tons), Turkey (X tons), Portugal (X tons) and Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Lithuania (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest woolen yarn supplying countries worldwide were China ($X), Italy ($X) and Germany ($X), with a combined X% share of global exports. Romania, India, the Czech Republic, Hong Kong SAR, Bulgaria, the UK, Lithuania, Poland, Turkey and Portugal lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Lithuania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average woolen yarn export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Woolen Yarn Imports

Imports

In 2022, supplies from abroad of yarn of wool increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, recorded a mild contraction. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Global imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, woolen yarn imports shrank modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, global imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons), the UK (X tons) and Germany (X tons) was the largest importer of yarn of wool in the world, achieving X% of total import. The United States (X tons) ranks next in terms of the total imports with a X% share, followed by Denmark (X%) and Vietnam (X%). Japan (X tons), China (X tons), Belgium (X tons), Hong Kong SAR (X tons), Australia (X tons), Norway (X tons) and Bangladesh (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of global imports. Hong Kong SAR, Vietnam, the United States, China, Denmark, Japan, Norway, Bangladesh, Australia and Belgium lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average woolen yarn import price stood at $X per ton in 2022, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2023 were China, Italy and India, with a combined 46% share of global consumption. The UK, Japan, Indonesia, Mexico, Spain, Denmark and the United States lagged somewhat behind, together accounting for a further 18%.
The countries with the highest volumes of production in 2022 were China, Italy and India, with a combined 52% share of global production. The UK, Lithuania, Indonesia, Spain, Japan, Mexico and Romania lagged somewhat behind, together comprising a further 17%.
In value terms, the largest woolen yarn supplying countries worldwide were China, Italy and Germany, together comprising 53% of global exports. Romania, India, the Czech Republic, Hong Kong SAR, Bulgaria, the UK, Lithuania, Poland, Turkey and Portugal lagged somewhat behind, together accounting for a further 28%.
In value terms, Italy, Germany and the UK constituted the countries with the highest levels of imports in 2022, with a combined 29% share of global imports. Hong Kong SAR, Vietnam, the United States, China, Denmark, Japan, Norway, Bangladesh, Australia and Belgium lagged somewhat behind, together accounting for a further 34%.
The average woolen yarn export price stood at $22,142 per ton in 2022, dropping by -3.7% against the previous year.
The average woolen yarn import price stood at $20,317 per ton in 2022, reducing by -2.9% against the previous year.

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. 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. 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. 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. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    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, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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