Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Turkey - 2024
Contents:
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Turkey (CIF) - 2024
- Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Turkey (FOB) - 2022
- Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Turkey
- Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Turkey
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Turkey (CIF) - 2024
In January 2024, the average import price for yarn; of fine animal hair, combed, not put up for retail sale amounted to $39,207 per ton, shrinking by -20.3% against the previous month. In general, the import price recorded a perceptible contraction. The pace of growth was the most pronounced in November 2023 when the average import price increased by 61% against the previous month. Over the period under review, average import prices hit record highs at $67,857 per ton in August 2023; however, from September 2023 to January 2024, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From January 2023 to January 2024, the rate of growth in terms of prices for Belgium amounted to +4.2% per month.
Price for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Turkey (FOB) - 2022
The average export price for yarn; of fine animal hair, combed, not put up for retail sale stood at $14,701 per ton in 2022, falling by -3.5% against the previous year. Over the period under review, the export price, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2015 an increase of 206% against the previous year. As a result, the export price attained the peak level of $37,031 per ton. From 2016 to 2022, the average 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 Portugal ($21,429 per ton), while the average price for exports to the United States ($313 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 Italy (+13.3%).
Imports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Turkey
In 2022, approx. 44 tons of yarn; of fine animal hair, combed, not put up for retail sale were imported into Turkey; which is down by -6.5% compared with the previous year. In general, imports continue to indicate a pronounced downturn. The smallest decline of -1.9% was in 2021.
In value terms, imports of yarn; of fine animal hair, combed, not put up for retail sale dropped to $2.2M in 2022. Overall, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. As a result, imports reached the peak of $2.6M, and then fell in the following year.
| Import of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,116 | 2,048 | 2,281 | 1,817 | -5.0% |
| Peru | 204 | 220 | 193 | 217 | 2.1% |
| China | 143 | 58.1 | 120 | 148 | 1.2% |
| Others | 9.0 | 7.4 | 16.0 | 37.8 | 61.3% |
| Total | 2,472 | 2,333 | 2,610 | 2,219 | -3.5% |
Top Suppliers of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale to Turkey in 2022:
- Italy (38.5 tons)
- Peru (3.9 tons)
- China (1.4 tons)
Exports of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Turkey
In 2022, exports of yarn; of fine animal hair, combed, not put up for retail sale from Turkey soared to 134 kg, growing by 97% on 2021 figures. In general, exports, however, showed a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of 731% against the previous year. As a result, the exports reached the peak of 7.9 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of yarn; of fine animal hair, combed, not put up for retail sale surged to $2K in 2022. Over the period under review, exports, however, showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 1,255%. As a result, the exports attained the peak of $211K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 10.4 | 3.0 | 1.0 | 1.8 | -44.3% |
| Portugal | N/A | N/A | N/A | 0.1 | 0% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Lebanon | N/A | 192 | N/A | N/A | 0% |
| Italy | 1.2 | 16.0 | N/A | N/A | 1233.3% |
| Others | 4.0 | N/A | N/A | N/A | 0% |
| Total | 15.6 | 211 | 1.0 | 2.0 | -49.6% |
Top Export Markets for Yarn; of Fine Animal Hair, Combed, Not Put Up for Retail Sale from Turkey in 2022:
- Libya (110.0 kg)
- United States (16.0 kg)
- Portugal (7.0 kg)
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