Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Serbia - 2024

Contents:

  1. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Serbia (CIF) - 2024
  2. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Serbia (FOB) - 2022
  3. Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Serbia
  4. Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Serbia

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Serbia (CIF) - 2024

In January 2024, the average import price for yarn of combed wool, not put up for retail sale amounted to $25,297 per ton, growing by 11% against the previous month. In general, the import price, however, showed a mild contraction. The growth pace was the most rapid in November 2023 an increase of 40% month-to-month. Over the period under review, average import prices hit record highs at $28,826 per ton in February 2023; however, from March 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Italy ($31,261 per ton), while the price for Bulgaria stood at $18,723 per ton.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), 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 Serbia (FOB) - 2022

The average export price for yarn of combed wool, not put up for retail sale stood at $19,893 per ton in 2022, growing by 11% against the previous year. Over the period under review, the export price showed a noticeable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 118%. As a result, the export price reached the peak level of $21,127 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($23,614 per ton), while the average price for exports to Italy ($19,636 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 North Macedonia (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Serbia

In 2022, imports of yarn of combed wool, not put up for retail sale into Serbia shrank modestly to 69 tons, therefore, remained relatively stable against the year before. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 18%.

In value terms, imports of yarn of combed wool, not put up for retail sale totaled $1.5M in 2022. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 8.7%.

Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,226809779892-10.1%
Bulgaria1941203162316.0%
Germany327140117129-26.7%
ArgentinaN/A54.123.784.424.9%
Czech RepublicN/A49.193.363.213.5%
China6.211347.424.558.1%
Netherlands0.818.031.29.7129.7%
Others32.44.313.437.55.0%
Total1,7871,3071,4201,470-6.3%

Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Serbia in 2022:

  1. Italy (37.4 tons)
  2. Bulgaria (12.2 tons)
  3. Germany (8.5 tons)
  4. Netherlands (4.2 tons)
  5. Argentina (2.6 tons)
  6. Czech Republic (2.3 tons)
  7. China (1.1 tons)

Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Serbia

In 2022, exports of yarn of combed wool, not put up for retail sale from Serbia skyrocketed to 1.8 tons, with an increase of 20% compared with 2021. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 194%. As a result, the exports attained the peak of 3 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of yarn of combed wool, not put up for retail sale surged to $35K in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 84% against the previous year. As a result, the exports attained the peak of $40K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.36.523.233.736.3%
Croatia8.222.71.91.0-50.4%
BulgariaN/A9.2N/AN/A0%
North MacedoniaN/AN/A1.1N/A0%
NetherlandsN/A1.50.3N/A-80.0%
Others0.2N/A0.30.644.2%
Total21.740.026.735.417.7%

Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Serbia in 2022:

  1. Germany (1694.0 kg)
  2. Croatia (44.0 kg)

Source: IndexBox Market Intelligence Platform

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