Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Norway - 2024

Contents:

  1. Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Norway (CIF) - 2024
  2. Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Norway (FOB) - 2022
  3. Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Norway
  4. Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Norway

Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Norway (CIF) - 2024

The average import price for yarn; of fine animal hair, combed, not put up for retail sale stood at $29,660 per ton in January 2024, reducing by -47.3% against the previous month. In general, the import price recorded a slight reduction. The growth pace was the most rapid in April 2023 when the average import price increased by 86% m-o-m. The import price peaked at $82,008 per ton in June 2023; however, from July 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 South Africa ($51,237 per ton), while the price for Peru amounted to $27,968 per ton.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by South Africa (-0.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $164,500 per ton, approximately equating the previous year. Over the period under review, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2019 an increase of 103% against the previous year. The export price peaked at $447,000 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +20.1% per year.

Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Norway

In 2022, supplies from abroad of yarn; of fine animal hair, combed, not put up for retail sale decreased by -14.5% to 61 tons, falling for the second year in a row after two years of growth. In general, imports recorded a noticeable descent. The pace of growth was the most pronounced in 2020 with an increase of 14%. As a result, imports attained the peak of 78 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale dropped to $2.7M in 2022. Over the period under review, imports, however, saw a slight expansion. The pace of growth was the most pronounced in 2020 when imports increased by 10% against the previous year.

Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1,1821,2241,0511,1850.1%
South Africa9021,2531,5511,0645.7%
Italy260324353211-6.7%
China73.950.212419337.7%
Bolivia144N/AN/AN/A0%
Others28.08.314.214.4-19.9%
Total2,5892,8593,0932,6671.0%

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

  1. Peru (32.3 tons)
  2. South Africa (17.1 tons)
  3. China (6.9 tons)
  4. Italy (4.7 tons)

Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Norway

In 2022, after two years of decline, there was decline in overseas shipments of yarn; of fine animal hair, combed, not put up for retail sale, when their volume decreased by 0% to 6 kg. In general, exports continue to indicate a deep setback. The smallest decline of 99.9% was in 2020.

In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale stood at $987 in 2022. Overall, exports continue to indicate a deep contraction. The smallest decline of 99.9% was in 2020.

Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/AN/A1.00%
United States1.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.6N/AN/A1.0-14.5%

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

  1. Denmark (6.0 kg)

Source: IndexBox Market Intelligence Platform

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