Price for Yarn of Combed Wool, Not Put Up for Retail Sale in South Africa - 2024
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in South Africa (FOB) - 2022
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in South Africa (CIF) - 2022
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in South Africa
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in South Africa
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in South Africa (FOB) - 2022
The average export price for yarn of combed wool, not put up for retail sale stood at $28,751 per ton in 2022, reducing by -11.4% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for yarn of combed wool, not put up for retail sale decreased by -12.6% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 34%. The export price peaked at $32,908 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($34,473 per ton), while the average price for exports to Democratic Republic of the Congo ($2,110 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 Botswana (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in South Africa (CIF) - 2022
The average import price for yarn of combed wool, not put up for retail sale stood at $44,992 per ton in 2022, growing by 130% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 135% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($64,041 per ton), while the price for China ($9,639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+100.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in South Africa
In 2022, shipments abroad of yarn of combed wool, not put up for retail sale decreased by -13.6% to 45 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a mild slump. The growth pace was the most rapid in 2020 with an increase of 39% against the previous year. As a result, the exports reached the peak of 66 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 contracted sharply to $1.3M in 2022. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. As a result, the exports attained the peak of $2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,270 | 1,706 | 1,122 | 1,095 | -4.8% |
| United Kingdom | 58.1 | 59.1 | 392 | 126 | 29.4% |
| Germany | 73.4 | 77.9 | 142 | 45.3 | -14.9% |
| Namibia | 0.7 | 2.9 | 1.7 | 9.8 | 141.0% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 9.5 | 0% |
| Botswana | 2.5 | 6.6 | 1.3 | 7.1 | 41.6% |
| Canada | 126 | 56.1 | 21.0 | 6.8 | -62.2% |
| Lesotho | 1.3 | 35.2 | N/A | N/A | 2607.7% |
| Others | 8.9 | 20.3 | 24.3 | 6.3 | -10.9% |
| Total | 1,541 | 1,965 | 1,705 | 1,306 | -5.4% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from South Africa in 2022:
- United States (32.4 tons)
- Democratic Republic of the Congo (4.5 tons)
- United Kingdom (3.6 tons)
- Germany (1.9 tons)
- Namibia (1.4 tons)
- Botswana (0.6 tons)
- Canada (0.4 tons)
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in South Africa
In 2022, overseas purchases of yarn of combed wool, not put up for retail sale decreased by -66.3% to 18 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 206%. As a result, imports attained the peak of 55 tons, and then contracted notably in the following year.
In value terms, imports of yarn of combed wool, not put up for retail sale shrank remarkably to $829K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 391% against the previous year.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | N/A | N/A | 666 | 0% |
| Austria | 14.3 | 27.9 | 445 | 134 | 110.8% |
| China | 0.9 | 237 | 598 | 14.1 | 150.2% |
| India | 11.3 | 4.5 | 1.1 | 7.4 | -13.2% |
| Turkey | 47.5 | N/A | N/A | 0.3 | -81.5% |
| Chile | N/A | 123 | N/A | N/A | 0% |
| Others | 8.1 | 9.2 | 25.2 | 6.5 | -7.1% |
| Total | 82.0 | 402 | 1,070 | 829 | 116.2% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to South Africa in 2022:
- Czech Republic (10.4 tons)
- Austria (5.8 tons)
- China (1.5 tons)
- India (0.6 tons)
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