Price for Yarn of Combed Wool, Not Put Up for Retail Sale in the Philippines - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in the Philippines (CIF) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in the Philippines
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in the Philippines (CIF) - 2022
The average import price for yarn of combed wool, not put up for retail sale stood at $10,895 per ton in 2022, picking up by 73% against the previous year. Overall, the import price enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 235%. As a result, import price attained the peak level of $27,141 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($17,667 per ton), while the price for China ($3,636 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+60.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in the Philippines
In 2022, supplies from abroad of yarn of combed wool, not put up for retail sale decreased by -99.2% to 688 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 989% against the previous year. As a result, imports reached the peak of 86 tons, and then declined notably in the following year.
In value terms, imports of yarn of combed wool, not put up for retail sale shrank sharply to $7.5K in 2022. In general, imports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2021 when imports increased by 805%. As a result, imports reached the peak of $544K, and then shrank rapidly in the following year.
Import of Yarn of Combed Wool, Not Put Up for Retail Sale in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 8.8 | 38.3 | N/A | 4.0 | -23.1% |
Japan | 0.1 | N/A | 10.4 | 1.5 | 146.6% |
China | 8.0 | 20.0 | 312 | 1.1 | -48.4% |
Portugal | N/A | N/A | N/A | 0.3 | 0% |
Indonesia | N/A | N/A | 43.9 | N/A | 0% |
Taiwan (Chinese) | N/A | N/A | 171 | N/A | 0% |
Others | 1.3 | 1.7 | 7.1 | 0.5 | -27.3% |
Total | 18.2 | 60.1 | 544 | 7.5 | -25.6% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to the Philippines in 2022:
- China (308.0 kg)
- France (253.0 kg)
- Japan (104.0 kg)
- Portugal (15.0 kg)
This report provides an in-depth analysis of the woolen yarn market in the Philippines.
This report provides an in-depth analysis of the global woolen yarn market.
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