Ireland - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Yarn Price in Ireland - 2023
Contents:
- Woolen Yarn Price in Ireland (CIF) - 2023
- Woolen Yarn Price in Ireland (FOB) - 2023
- Woolen Yarn Imports in Ireland
- Woolen Yarn Exports in Ireland
Woolen Yarn Price in Ireland (CIF) - 2023
In July 2023, the average woolen yarn import price amounted to $16,118 per ton, declining by -6.3% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 58% against the previous month. As a result, import price attained the peak level of $17,198 per ton, and then fell in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was South Africa ($43,174 per ton), while the price for the UK ($10,408 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Africa (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Woolen Yarn Price in Ireland (FOB) - 2023
In July 2023, the average woolen yarn export price amounted to $32,598 per ton, growing by 4.3% against the previous month. Overall, export price indicated a modest expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, woolen yarn export price increased by +113.0% against April 2023 indices. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 106% m-o-m. The export price peaked at $34,444 per ton in October 2022; however, from November 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Madagascar ($40,401 per ton), while the average price for exports to Hong Kong SAR ($25,058 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Woolen Yarn Imports in Ireland
In 2022, woolen yarn imports into Ireland surged to 1.4K tons, jumping by 39% on the previous year. Overall, imports, however, recorded a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of 52%.
In value terms, woolen yarn imports soared to $22M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern.
Import of Woolen Yarn in Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 6.2 | 5.1 | 4.6 | 4.7 | -8.8% |
Peru | 4.3 | 1.3 | 2.7 | 4.4 | 0.8% |
Italy | 2.6 | 1.6 | 1.9 | 3.6 | 11.5% |
Bulgaria | 0.4 | 0.4 | 2.8 | 3.2 | 100.0% |
Romania | 5.2 | 1.4 | 2.3 | 2.6 | -20.6% |
Spain | 2.5 | 1.3 | 0.3 | 1.4 | -17.6% |
China | 0.7 | 0.4 | 0.4 | 0.8 | 4.6% |
Others | 0.5 | 0.1 | 1.0 | 1.3 | 37.5% |
Total | 22.4 | 11.6 | 16.0 | 21.9 | -0.7% |
Top Suppliers of Woolen Yarn to Ireland in 2022:
- Bulgaria (287.0 tons)
- United Kingdom (247.5 tons)
- Spain (215.0 tons)
- Peru (205.9 tons)
- Romania (171.1 tons)
- Italy (134.2 tons)
- China (33.4 tons)
Woolen Yarn Exports in Ireland
In 2022, after three years of growth, there was decline in overseas shipments of yarn of wool, when their volume decreased by -3.3% to 133 tons. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 276%. As a result, the exports attained the peak of 138 tons, and then shrank in the following year.
In value terms, woolen yarn exports expanded sharply to $3.5M in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 280% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Woolen Yarn in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 207 | 827 | 1,596 | 1,616 | 98.4% |
United Kingdom | 11.3 | 16.6 | 530 | 467 | 245.7% |
Hong Kong SAR | 0.2 | 15.6 | 188 | 230 | 947.7% |
Australia | N/A | 98.9 | 182 | 187 | 37.5% |
Japan | 2.6 | 38.0 | 85.4 | 131 | 269.3% |
Canada | 2.9 | 25.9 | 117 | 111 | 237.0% |
India | 37.3 | 18.1 | 31.1 | 90.7 | 34.5% |
South Korea | N/A | 5.2 | 56.3 | 87.6 | 310.4% |
Others | 69.3 | 213 | 410 | 611 | 106.6% |
Total | 331 | 1,258 | 3,195 | 3,533 | 120.2% |
Top Export Markets for Woolen Yarn from Ireland in 2022:
- United Kingdom (45.3 tons)
- United States (41.4 tons)
- Hong Kong SAR (9.2 tons)
- Australia (5.0 tons)
- India (3.9 tons)
- Japan (3.4 tons)
- Canada (2.9 tons)
- South Korea (2.9 tons)
This report provides an in-depth analysis of the woolen yarn market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
- Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
- Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the woolen yarn market in Ireland.
This report provides an in-depth analysis of the global woolen yarn market.
This report provides an in-depth analysis of the woolen yarn market in Ireland.
This report provides an in-depth analysis of the global woolen yarn market.
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