Price for Yarn of Carded Wool, Not Put Up for Retail Sale in New Zealand - 2024
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in New Zealand (FOB) - 2024
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in New Zealand (CIF) - 2022
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in New Zealand
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in New Zealand
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in New Zealand (FOB) - 2024
The average export price for yarn of carded wool, not put up for retail sale stood at $9,099 per ton in January 2024, growing by 3.3% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 7.6% m-o-m. Over the period under review, the average export prices hit record highs in January 2024.
As there is only one major export destination, the average price level is determined by prices for Australia.
From February 2023 to January 2024, the rate of growth in terms of prices for Australia amounted to +0.5% per month.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in New Zealand (CIF) - 2022
In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $8,410 per ton, rising by 22% against the previous year. Over the period under review, the import price recorded a temperate increase. The pace of growth appeared the most rapid in 2015 an increase of 172%. The import price peaked at $47,556 per ton in 2016; however, from 2017 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 Turkey ($13,776 per ton), while the price for China ($7,781 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+31.4%), 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 New Zealand
Exports of yarn of carded wool, not put up for retail sale from New Zealand shrank modestly to 1.9K tons in 2022, dropping by -2% against the previous year. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 78%. As a result, the exports reached the peak of 1.9K tons, and then shrank in the following year.
In value terms, exports of yarn of carded wool, not put up for retail sale reduced to $15M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. As a result, the exports reached the peak of $15M, and then reduced slightly in the following year.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 7.1 | 7.0 | 13.7 | 13.5 | 23.9% |
| United States | 2.8 | 1.7 | 1.4 | 1.4 | -20.6% |
| Others | 0.4 | 0.2 | 0.3 | N/A | -13.4% |
| Total | 10.3 | 8.9 | 15.5 | 14.9 | 13.1% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from New Zealand in 2022:
- Australia (1733.2 tons)
- United States (131.0 tons)
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in New Zealand
For the fourth year in a row, New Zealand recorded growth in supplies from abroad of yarn of carded wool, not put up for retail sale, which increased by 8.2% to 68 tons in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 79% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of yarn of carded wool, not put up for retail sale soared to $568K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2019 indices. As a result, imports attained 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 New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 191 | 216 | 254 | 430 | 31.1% |
| Australia | 29.7 | 54.1 | 112 | 68.8 | 32.3% |
| Thailand | 55.7 | N/A | N/A | 5.1 | -54.9% |
| Others | 37.7 | 93.2 | 63.4 | 64.4 | 19.5% |
| Total | 314 | 363 | 429 | 568 | 21.8% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to New Zealand in 2022:
- China (55.2 tons)
- Australia (8.5 tons)
- Thailand (0.6 tons)
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This report provides an in-depth analysis of the woolen yarn market in New Zealand.
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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 New Zealand.
1752
This report provides an in-depth analysis of the global woolen yarn market.
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