Price for Yarn of Carded Wool, Not Put Up for Retail Sale in the United States - 2024
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in the United States (CIF) - 2024
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in the United States (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in the United States
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in the United States
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in the United States (CIF) - 2024
In December 2023, the average import price for yarn of carded wool, not put up for retail sale amounted to $8,366 per ton, shrinking by -2.8% against the previous month. Over the period under review, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in September 2023 an increase of 24% against the previous month. The import price peaked at $9,403 per ton in February 2023; however, from March 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($16,620 per ton), while the price for Lithuania ($5,914 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in the United States (FOB) - 2022
The average export price for yarn of carded wool, not put up for retail sale stood at $15,439 per ton in 2022, rising by 8.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2014 an increase of 32%. Over the period under review, the average export prices hit record highs at $16,648 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($28,611 per ton), while the average price for exports to El Salvador ($10,048 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 Egypt (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in the United States
In 2022, the amount of yarn of carded wool, not put up for retail sale imported into the United States contracted to 2.3K tons, reducing by -7.5% compared with the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 59% against the previous year. As a result, imports reached the peak of 2.5K tons, and then contracted in the following year.
In value terms, imports of yarn of carded wool, not put up for retail sale rose to $20M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 3.2 | 2.3 | 2.9 | 3.9 | 6.8% |
| United Kingdom | 3.2 | 1.7 | 4.3 | 3.9 | 6.8% |
| Denmark | 2.6 | 1.4 | 2.3 | 2.0 | -8.4% |
| India | 2.1 | 1.7 | 2.2 | 1.8 | -5.0% |
| New Zealand | 2.6 | 1.8 | 1.4 | 1.5 | -16.8% |
| Lithuania | 0.3 | 0.4 | 0.7 | 1.5 | 71.0% |
| Turkey | 0.8 | 0.8 | 1.2 | 1.0 | 7.7% |
| Italy | 1.7 | 0.5 | 1.6 | 0.7 | -25.6% |
| Canada | 0.8 | 0.7 | 0.7 | 0.6 | -9.1% |
| Others | 2.1 | 0.9 | 2.0 | 2.7 | 8.7% |
| Total | 19.5 | 12.2 | 19.4 | 19.7 | 0.3% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to the United States in 2022:
- United Kingdom (539.1 tons)
- Portugal (449.5 tons)
- Denmark (272.4 tons)
- India (229.7 tons)
- Lithuania (215.3 tons)
- Turkey (193.6 tons)
- New Zealand (127.6 tons)
- Canada (62.4 tons)
- Italy (30.4 tons)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in the United States
In 2022, exports of yarn of carded wool, not put up for retail sale from the United States contracted dramatically to 28 tons, waning by -52.3% on the previous year. Over the period under review, exports saw a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 230% against the previous year.
In value terms, exports of yarn of carded wool, not put up for retail sale fell markedly to $432K in 2022. Overall, exports recorded a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 239% against the previous year.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 313 | 156 | 208 | 195 | -14.6% |
| Mexico | 353 | 30.1 | 88.9 | 107 | -32.8% |
| El Salvador | 15.8 | N/A | 36.1 | 52.2 | 48.9% |
| Australia | N/A | N/A | 22.9 | 44.4 | 93.9% |
| Netherlands | N/A | N/A | 3.4 | 25.5 | 650.0% |
| United Kingdom | 100 | N/A | N/A | 4.1 | -65.5% |
| Argentina | 108 | N/A | N/A | N/A | 0% |
| Sri Lanka | N/A | N/A | 332 | N/A | 0% |
| Tunisia | 36.8 | N/A | N/A | N/A | 0% |
| Others | 120 | 60.0 | 140 | 3.8 | -68.4% |
| Total | 1,047 | 246 | 832 | 432 | -25.6% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from the United States in 2022:
- Canada (13.2 tons)
- El Salvador (5.2 tons)
- Mexico (4.5 tons)
- Australia (2.4 tons)
- Netherlands (2.2 tons)
- United Kingdom (0.1 tons)
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This report provides an in-depth analysis of the global woolen yarn market.
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