Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Africa - 2024

Contents:

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

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

The average export price for yarn; of fine animal hair, carded, not put up for retail sale stood at $515,632 per ton in 2022, remaining stable against the previous year. In general, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 292% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +274.3% per year.

Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Africa (CIF) - 2022

In 2022, the average import price for yarn; of fine animal hair, carded, not put up for retail sale amounted to $215,100 per ton, with an increase of 10,655% against the previous year. Overall, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($167,000 per ton), while the price for the United States totaled $56,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+59.4%).

Exports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Africa

For the third consecutive year, South Africa recorded decline in overseas shipments of yarn; of fine animal hair, carded, not put up for retail sale, which decreased by 0% to 5 kg in 2022. Overall, exports recorded a precipitous descent. The smallest decline of -99.8% was in 2020.

In value terms, exports of yarn; of fine animal hair, carded, not put up for retail sale stood at $2.6K in 2022. In general, exports recorded a precipitous shrinkage. The smallest decline of -99.8% was in 2020.

Export of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.4N/AN/A2.622.9%
Belgium0.9N/AN/AN/A0%
Swaziland5.6N/AN/AN/A0%
United Kingdom0.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total8.8N/AN/A2.6-33.4%

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

  1. United States (5.0 kg)

Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Africa

Imports of yarn; of fine animal hair, carded, not put up for retail sale into South Africa skyrocketed to 4 kg in 2022, growing by 300% against the year before. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 700% against the previous year. As a result, imports attained the peak of 8 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale soared to $557 in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in South Africa (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A5010%
United StatesN/AN/AN/A56.00%
BelgiumN/A443N/AN/A0%
Germany27.0N/AN/AN/A0%
United KingdomN/AN/A2.0N/A0%
OthersN/AN/AN/AN/A0%
Total27.04432.0557174.3%

Top Suppliers of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale to South Africa in 2022:

  1. China (3.0 kg)
  2. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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