Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ireland - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ireland (CIF) - 2023
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ireland (FOB) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Ireland
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Ireland
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ireland (CIF) - 2023
The average import price for yarn of combed wool, not put up for retail sale stood at $11,864 per ton in December 2023, waning by -2.7% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 72% m-o-m. Over the period under review, average import prices reached the peak figure at $15,330 per ton in August 2023; however, from September 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($32,947 per ton), while the price for the UK ($3,937 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ireland (FOB) - 2022
In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $13,164 per ton, dropping by -28.5% against the previous year. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 78% against the previous year. As a result, the export price reached the peak level of $40,416 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($22,500 per ton), while the average price for exports to Japan ($4,667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+21.2%), while the prices for the other major destinations experienced a decline.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Ireland
Imports of yarn of combed wool, not put up for retail sale into Ireland soared to 934 tons in 2022, rising by 46% against the year before. Over the period under review, imports, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year.
In value terms, imports of yarn of combed wool, not put up for retail sale skyrocketed to $11M in 2022. In general, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 3.9 | 1.3 | 2.2 | 2.7 | -11.5% |
| Bulgaria | N/A | 0.3 | 2.8 | 2.7 | 200.0% |
| Romania | 5.2 | 1.4 | 2.3 | 2.2 | -24.9% |
| Spain | 2.5 | 1.3 | 0.3 | 1.3 | -19.6% |
| Italy | 0.8 | 0.6 | 0.4 | 1.1 | 11.2% |
| United Kingdom | 3.0 | 2.0 | 1.1 | 0.6 | -41.5% |
| Others | 0.4 | 0.2 | 0.3 | 0.7 | 20.5% |
| Total | 15.8 | 7.1 | 9.4 | 11.3 | -10.6% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Ireland in 2022:
- Bulgaria (260.1 tons)
- Spain (181.8 tons)
- Romania (164.4 tons)
- Peru (156.6 tons)
- United Kingdom (81.9 tons)
- Italy (49.3 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Ireland
In 2022, shipments abroad of yarn of combed wool, not put up for retail sale decreased by -19.4% to 5.8 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,209% against the previous year. As a result, the exports reached the peak of 7.1 tons, and then declined notably in the following year.
In value terms, exports of yarn of combed wool, not put up for retail sale dropped remarkably to $76K in 2022. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,740% against the previous year. As a result, the exports attained the peak of $131K, and then dropped significantly in the following year.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | 2.7 | 48.8 | 1707.4% |
| United Kingdom | 0.4 | N/A | 12.8 | 21.7 | 278.6% |
| New Zealand | N/A | 0.2 | N/A | 1.2 | 144.9% |
| United States | 4.0 | 2.9 | 66.8 | 0.8 | -41.5% |
| Japan | N/A | 1.9 | 5.1 | 0.1 | -77.1% |
| India | N/A | N/A | 1.3 | N/A | 0% |
| Nepal | N/A | N/A | 5.5 | N/A | 0% |
| Canada | N/A | 0.2 | 10.4 | N/A | 5100.0% |
| Others | 0.6 | 1.9 | 26.8 | 3.2 | 74.7% |
| Total | 5.0 | 7.1 | 131 | 75.7 | 147.4% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Ireland in 2022:
- Hong Kong SAR (4254.0 kg)
- United Kingdom (1094.0 kg)
- New Zealand (185.0 kg)
- United States (44.0 kg)
- Japan (12.0 kg)
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