Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Korea - 2022
Contents:
- Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Korea (CIF) - 2022
- Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Korea (FOB) - 2022
- Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Korea
- Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Korea
Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Korea (CIF) - 2022
In December 2022, the average import price for yarn; of fine animal hair, carded, not put up for retail sale amounted to $144K per ton, shrinking by -4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 an increase of 16% month-to-month. As a result, import price reached the peak level of $202K per ton. From March 2022 to December 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($233K per ton), while the price for China ($56,095 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Korea (FOB) - 2022
The average export price for yarn; of fine animal hair, carded, not put up for retail sale stood at $32,323 per ton in 2022, increasing by 9.5% against the previous year. Overall, the export price continues to indicate notable growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 179%. As a result, the export price reached the peak level of $49,086 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($55,429 per ton), while the average price for exports to Vietnam ($25,906 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 China (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Korea
In 2022, approx. 71 tons of yarn; of fine animal hair, carded, not put up for retail sale were imported into South Korea; waning by -2.9% compared with the previous year. Overall, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 7.2% against the previous year.
In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale expanded notably to $12M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.
| Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.9 | 5.2 | 5.9 | 6.4 | 9.3% |
| United Kingdom | 1.6 | 1.9 | 2.2 | 2.6 | 17.6% |
| China | 5.2 | 2.3 | 2.7 | 2.5 | -21.7% |
| Others | 0.1 | N/A | 0.3 | 0.1 | 0.0% |
| Total | 11.7 | 9.4 | 11.1 | 11.7 | 0.0% |
Top Suppliers of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale to South Korea in 2022:
- Italy (31.9 tons)
- China (23.6 tons)
- United Kingdom (13.7 tons)
Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Korea
In 2022, the amount of yarn; of fine animal hair, carded, not put up for retail sale exported from South Korea skyrocketed to 2.2 tons, jumping by 43% against 2021 figures. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of yarn; of fine animal hair, carded, not put up for retail sale soared to $71K in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 9.0 | 18.7 | 18.6 | 38.8 | 62.8% |
| China | 5.9 | 5.8 | 25.7 | 28.3 | 68.6% |
| Hong Kong SAR | 1.3 | 0.4 | 0.5 | 2.1 | 17.3% |
| Thailand | 2.1 | 3.4 | N/A | 0.5 | -38.0% |
| Others | 0.2 | 0.7 | 0.4 | 1.1 | 76.5% |
| Total | 18.4 | 28.9 | 45.2 | 70.8 | 56.7% |
Top Export Markets for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale from South Korea in 2022:
- Vietnam (1496.0 kg)
- China (621.0 kg)
- Hong Kong SAR (53.0 kg)
- Thailand (10.0 kg)
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