Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Indonesia - 2022

Contents:

  1. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Indonesia (CIF) - 2022
  2. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Indonesia (FOB) - 2022
  3. Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Indonesia
  4. Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Indonesia

Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Indonesia (CIF) - 2022

The average import price for yarn; of fine animal hair, carded, not put up for retail sale stood at $93,654 per ton in 2022, rising by 188% against the previous year. In general, the import price enjoyed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($378,528 per ton), while the price for the United States ($45,936 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+26.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Indonesia (FOB) - 2022

In 2022, the average export price for yarn; of fine animal hair, carded, not put up for retail sale amounted to $37,000 per ton, falling by -3.9% against the previous year. Over the period under review, the export price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2019 an increase of 29% against the previous year. As a result, the export price attained the peak level of $55,333 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2014 to 2022, the rate of growth in terms of prices for South Korea amounted to -1.3% per year.

Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Indonesia

After three years of growth, overseas purchases of yarn; of fine animal hair, carded, not put up for retail sale decreased by -79.5% to 383 kg in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 3,007%. As a result, imports reached the peak of 1.9 tons, and then declined rapidly in the following year.

In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale declined rapidly to $36K in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,902% against the previous year. As a result, imports reached the peak of $61K, and then fell dramatically in the following year.

Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/A20.10%
China0.11.657.09.5356.3%
United StatesN/AN/AN/A5.00%
Japan0.10.43.61.2128.9%
OthersN/AN/AN/AN/A0%
Total0.22.060.535.8463.6%

Top Suppliers of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale to Indonesia in 2022:

  1. China (204.0 kg)
  2. United States (109.0 kg)
  3. Hong Kong SAR (53.0 kg)
  4. Japan (17.0 kg)

Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Indonesia

In 2022, approx. 2 kg of yarn; of fine animal hair, carded, not put up for retail sale were exported from Indonesia; reducing by -33.3% on the year before. Overall, exports recorded a sharp contraction.

In value terms, exports of yarn; of fine animal hair, carded, not put up for retail sale declined slightly to $74 in 2022. Over the period under review, exports recorded a noticeable decrease.

Export of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Indonesia (USD)
COUNTRY20212022CAGR,
2021-2022
South Korea75.074.0-1.3%
Nepal2.0N/A0%
OthersN/AN/A0%
Total77.074.0-3.9%

Top Export Markets for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale from Indonesia in 2022:

  1. South Korea (2.0 kg)

Source: IndexBox Market Intelligence Platform

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