Price for Yarn of Combed Wool, Not Put Up for Retail Sale in New Zealand - 2024
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in New Zealand (CIF) - 2024
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in New Zealand (FOB) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in New Zealand
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in New Zealand
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in New Zealand (CIF) - 2024
In February 2024, the average import price for yarn of combed wool, not put up for retail sale amounted to $16,259 per ton, with a decrease of -6.9% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 97% against the previous month. As a result, import price attained the peak level of $33,414 per ton. From July 2023 to February 2024, 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 Taiwan (Chinese) ($41,233 per ton), while the price for India ($11,806 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in New Zealand (FOB) - 2022
The average export price for yarn of combed wool, not put up for retail sale stood at $16,894 per ton in 2022, which is down by -24% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 110%. Over the period under review, the average export prices hit record highs at $33,167 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 China ($103,616 per ton), while the average price for exports to Thailand ($8,959 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 (+12.5%), 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 New Zealand
Imports of yarn of combed wool, not put up for retail sale into New Zealand fell to 248 tons in 2022, which is down by -8.1% on the year before. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of 269 tons, and then dropped in the following year.
In value terms, imports of yarn of combed wool, not put up for retail sale shrank markedly to $4.7M in 2022. Over the period under review, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, imports reached the peak of $5.7M, and then reduced markedly in the following year.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,053 | 1,174 | 2,100 | 1,777 | -4.7% |
| India | 1,198 | 1,110 | 1,261 | 1,308 | 3.0% |
| Italy | 462 | 548 | 599 | 556 | 6.4% |
| South Korea | 507 | 373 | 302 | 416 | -6.4% |
| Taiwan (Chinese) | 248 | 190 | 900 | 328 | 9.8% |
| Austria | 399 | 148 | 289 | 130 | -31.2% |
| Thailand | 68.6 | 44.2 | 49.4 | 83.9 | 6.9% |
| Others | 236 | 154 | 227 | 130 | -18.0% |
| Total | 5,172 | 3,741 | 5,728 | 4,730 | -2.9% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to New Zealand in 2022:
- India (97.5 tons)
- China (92.0 tons)
- Italy (21.5 tons)
- South Korea (15.2 tons)
- Taiwan (Chinese) (8.2 tons)
- Thailand (6.0 tons)
- Austria (4.1 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in New Zealand
In 2022, overseas shipments of yarn of combed wool, not put up for retail sale decreased by -49.9% to 39 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 19%. As a result, the exports attained the peak of 80 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of yarn of combed wool, not put up for retail sale declined dramatically to $651K in 2022. Over the period under review, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 6.6%.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 287 | 523 | 621 | 294 | 0.8% |
| China | 781 | 647 | 812 | 179 | -38.8% |
| Malaysia | 39.4 | 69.0 | 59.1 | 75.3 | 24.1% |
| Netherlands | 140 | 122 | 50.9 | 39.4 | -34.5% |
| Canada | N/A | 7.7 | 30.5 | 23.2 | 73.6% |
| Thailand | 7.4 | 14.1 | 17.9 | 21.8 | 43.4% |
| Australia | 744 | 197 | 46.0 | 9.0 | -77.0% |
| Others | 221 | 23.6 | 72.4 | 9.2 | -65.3% |
| Total | 2,220 | 1,603 | 1,710 | 651 | -33.6% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from New Zealand in 2022:
- United States (23.0 tons)
- Malaysia (5.5 tons)
- Netherlands (3.5 tons)
- Thailand (2.4 tons)
- Canada (1.7 tons)
- China (1.7 tons)
- Australia (0.3 tons)
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