Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in China - 2024
Contents:
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in China (CIF) - 2022
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in China (FOB) - 2024
- Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in China
- Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in China
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in China (CIF) - 2022
In 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $12 per square meter, dropping by -2.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 17% against the previous year. Over the period under review, average import prices reached the peak figure at $12 per square meter in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($16 per square meter), while the price for South Korea ($2.2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in China (FOB) - 2024
The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $6.7 per square meter in December 2023, leveling off at the previous month. Overall, the export price saw a slight downturn. The pace of growth appeared the most rapid in September 2023 an increase of 7.4% against the previous month. Over the period under review, the average export prices hit record highs at $7.5 per square meter in February 2023; however, from March 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($12.1 per square meter), while the average price for exports to South Korea ($4.6 per square meter) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in China
In 2022, imports of woven fabrics of combed wool or of combed fine animal hair into China expanded remarkably to 22M square meters, with an increase of 13% against the previous year's figure. Overall, imports, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 24%. Over the period under review, imports of hit record highs at 25M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of woven fabrics of combed wool or of combed fine animal hair rose significantly to $263M in 2022. In general, imports, however, showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Imports peaked at $307M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 179 | 123 | 165 | 185 | 1.1% |
| Japan | 94.9 | 47.0 | 42.9 | 41.2 | -24.3% |
| United Kingdom | 12.3 | 9.3 | 12.7 | 12.6 | 0.8% |
| Ethiopia | N/A | N/A | N/A | 5.0 | 0% |
| South Korea | 8.8 | 5.6 | 7.8 | 4.5 | -20.0% |
| Others | 12.6 | 8.2 | 10.5 | 14.5 | 4.8% |
| Total | 307 | 193 | 239 | 263 | -5.0% |
Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to China in 2022:
- Italy (11.9M square meters)
- Japan (4.5M square meters)
- South Korea (2.0M square meters)
- United Kingdom (0.8M square meters)
- Ethiopia (0.7M square meters)
Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in China
In 2022, exports of woven fabrics of combed wool or of combed fine animal hair from China surged to 32M square meters, jumping by 62% on the previous year. Over the period under review, exports, however, saw a abrupt descent. The exports peaked at 44M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of woven fabrics of combed wool or of combed fine animal hair surged to $235M in 2022. In general, exports, however, recorded a abrupt descent. Over the period under review, the exports of reached the maximum at $324M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 57.7 | 11.9 | 32.9 | 57.5 | -0.1% |
| Vietnam | 59.0 | 15.8 | 22.6 | 36.5 | -14.8% |
| Japan | 40.4 | 26.2 | 13.6 | 23.3 | -16.8% |
| India | 20.8 | 6.3 | 7.0 | 18.5 | -3.8% |
| Cambodia | 8.7 | 2.3 | 2.7 | 11.2 | 8.8% |
| Canada | 9.1 | 3.4 | 5.0 | 10.0 | 3.2% |
| Bangladesh | 7.7 | 1.8 | 3.9 | 7.8 | 0.4% |
| Nigeria | 26.6 | 1.6 | 1.9 | 5.4 | -41.2% |
| Jordan | 1.1 | 2.2 | 1.3 | 5.0 | 65.7% |
| Italy | 3.8 | 2.6 | 1.5 | 4.8 | 8.1% |
| Thailand | 6.2 | 4.2 | 2.6 | 4.8 | -8.2% |
| Turkey | 2.9 | 2.3 | 2.0 | 3.7 | 8.5% |
| South Africa | 0.1 | 0.4 | 1.7 | 3.6 | 230.2% |
| Others | 79.7 | 36.7 | 34.6 | 43.0 | -18.6% |
| Total | 324 | 118 | 133 | 235 | -10.2% |
Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from China in 2022:
- Indonesia (7.2M square meters)
- Vietnam (5.2M square meters)
- Japan (3.6M square meters)
- India (2.2M square meters)
- Cambodia (1.4M square meters)
- Canada (1.1M square meters)
- Bangladesh (1.0M square meters)
- Nigeria (0.9M square meters)
- South Africa (0.8M square meters)
- Jordan (0.7M square meters)
- Thailand (0.6M square meters)
- Turkey (0.5M square meters)
- Italy (0.5M square meters)
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