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Italy - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 1, 2025

Italy - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights

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Nov 6, 2024

Italy's Woolen Yarn Exports Experience a Minor Decline to $603M in 2023

Italy Woolen Yarn Exports

In 2023, shipments abroad of yarn of wool decreased by -10.5% to 18K tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports saw a perceptible slump. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year. The exports peaked at 27K tons in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, woolen yarn exports shrank to $603M (IndexBox estimates) in 2023. In general, exports saw a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Over the period under review, the exports attained the maximum at $706M in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.Italy Woolen Yarn Exports By Country (Million USD)

COUNTRYExport Value of Woolen Yarn in Italy (million USD)
20132014201520162017201820192020202120222023
Germany82.578.255.149.144.850.749.947.559.657.458.3
United Kingdom49.955.450.348.551.462.059.437.647.451.248.3
France37.136.224.023.724.326.428.623.332.734.347.7
Hong Kong13011411791.789.187.273.945.869.763.447.3
Romania70.252.432.537.537.440.238.732.840.345.143.7
Turkey29.929.021.722.624.127.228.124.332.043.743.5
Portugal14.515.613.111.913.515.516.518.932.536.237.6
China37.634.632.929.128.140.738.828.735.130.427.1
Others255260223229246270232194250253249
Total706676570543559620566453599615603

Exports by Country

the UK (2.4K tons), Portugal (1.9K tons) and Germany (1.6K tons) were the main destinations of woolen yarn exports from Italy, together accounting for 32% of total exports.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +9.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($58M), the UK ($48M) and France ($48M) appeared to be the largest markets for woolen yarn exported from Italy worldwide, together accounting for 26% of total exports. Hong Kong, Romania, Turkey, Portugal and China lagged somewhat behind, together accounting for a further 33%.

Portugal, with a CAGR of +10.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Yarn of combed wool, not put up for retail sale (7.6K tons), yarn of carded wool, not put up for retail sale (6.7K tons) and yarn of wool or of fine animal hair, put up for retail sale (2.9K tons) were the main products of woolen yarn exports from Italy, with a combined 93% share of total exports. Yarn of fine animal hair (carded or combed), not put up for retail sale and yarn of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale lagged somewhat behind, together comprising a further 6.6%.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by yarn of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale (with a CAGR of +12.6%), while the other products experienced mixed trend patterns.

In value terms, yarn of wool with the largest exports in Italy were yarn of combed wool, not put up for retail sale ($243M), yarn of carded wool, not put up for retail sale ($149M) and yarn of fine animal hair (carded or combed), not put up for retail sale ($117M), together comprising 84% of total exports. Yarn of wool or of fine animal hair, put up for retail sale and yarn of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale lagged somewhat behind, together comprising a further 16%.

In terms of the main product categories, yarn of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale, with a CAGR of +15.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced mixed trend patterns.

Export Prices by Country

In 2023, the woolen yarn price stood at $32,759 per ton (FOB, Italy), rising by 9.6% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 an increase of 13%. Over the period under review, the average export prices attained the maximum in 2023 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Hong Kong ($58,416 per ton), while the average price for exports to the Netherlands ($7,857 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the woolen yarn market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
  • Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
  • Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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