Price for Yarn of Carded Wool, Not Put Up for Retail Sale in India - 2023
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in India (FOB) - 2023
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in India (CIF) - 2022
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in India
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in India
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in India (FOB) - 2023
The average export price for yarn of carded wool, not put up for retail sale stood at $6,703 per ton in November 2023, falling by -1.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in July 2023 an increase of 59% m-o-m. As a result, the export price attained the peak level of $7,755 per ton. From August 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Nepal ($9,785 per ton), while the average price for exports to the UK ($4,628 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in India (CIF) - 2022
The average import price for yarn of carded wool, not put up for retail sale stood at $6,825 per ton in 2022, falling by -12.7% against the previous year. In general, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $27,393 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($75,866 per ton), while the price for Iran ($4,729 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in India
In 2022, approx. 968 tons of yarn of carded wool, not put up for retail sale were exported from India; surging by 5.3% compared with the previous year's figure. Over the period under review, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 27%.
In value terms, exports of yarn of carded wool, not put up for retail sale expanded notably to $5.3M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,124 | 2,071 | 2,192 | 2,486 | 5.4% |
| United Kingdom | 1,714 | 801 | 1,179 | 1,648 | -1.3% |
| Peru | 76.3 | N/A | N/A | 178 | 32.6% |
| Portugal | 100 | 109 | 73.6 | 113 | 4.2% |
| Jordan | N/A | N/A | 32.4 | 97.1 | 199.7% |
| Thailand | N/A | 129 | 178 | 80.1 | -21.2% |
| Nepal | 376 | 76.8 | 159 | 73.7 | -41.9% |
| Bangladesh | 55.2 | N/A | N/A | 63.4 | 4.7% |
| Malaysia | 146 | 79.9 | 124 | 45.3 | -32.3% |
| Chile | N/A | N/A | N/A | 27.4 | 0% |
| Egypt | 21.2 | 0.3 | N/A | 26.8 | 8.1% |
| Australia | 21.7 | 70.7 | 431 | 9.0 | -25.4% |
| Others | 474 | 199 | 464 | 434 | -2.9% |
| Total | 5,109 | 3,536 | 4,834 | 5,281 | 1.1% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from India in 2022:
- United Kingdom (345.0 tons)
- United States (340.6 tons)
- Jordan (55.5 tons)
- Portugal (43.0 tons)
- Peru (35.8 tons)
- Nepal (34.7 tons)
- Egypt (18.2 tons)
- Chile (15.4 tons)
- Thailand (14.3 tons)
- Bangladesh (13.3 tons)
- Malaysia (7.2 tons)
- Australia (1.8 tons)
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in India
In 2022, approx. 316 tons of yarn of carded wool, not put up for retail sale were imported into India; growing by 157% compared with 2021 figures. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 216% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of yarn of carded wool, not put up for retail sale surged to $2.2M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | N/A | 211 | 266 | 1,278 | 146.1% |
| United Kingdom | 333 | 556 | 495 | 278 | -5.8% |
| Iran | N/A | N/A | 44.8 | 200 | 346.4% |
| China | 86.6 | 84.0 | 65.6 | 167 | 24.5% |
| Hong Kong SAR | 2.5 | 38.2 | 43.9 | 157 | 297.5% |
| Others | 26.2 | 23.4 | 45.2 | 75.8 | 42.5% |
| Total | 448 | 913 | 960 | 2,156 | 68.8% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to India in 2022:
- Afghanistan (236.5 tons)
- Iran (42.3 tons)
- United Kingdom (22.6 tons)
- Hong Kong SAR (7.9 tons)
- China (5.5 tons)
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This report provides an in-depth analysis of the woolen yarn market in India.
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This report provides an in-depth analysis of the global woolen yarn market.
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This report provides an in-depth analysis of the woolen yarn market in India.
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This report provides an in-depth analysis of the global woolen yarn market.
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