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Italy - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

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

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Sep 4, 2023

Price of Italian Woolen Yarn Declines Slightly to $34.7/kg

Italy Woolen Yarn Export Price in May 2023

In May 2023, the woolen yarn price amounted to $34,733 per ton (FOB, Italy), shrinking by -5.7% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 14% m-o-m. As a result, the export price reached the peak level of $36,848 per ton, and then shrank in the following month.

There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was Hong Kong ($56,757 per ton), while the average price for exports to the UK ($19,114 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Italy Woolen Yarn Export Prices By Country (USD Per Ton)
COUNTRYExport Price of Woolen Yarn in Italy (USD per ton)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
Hong Kong51,28146,92357,23051,54562,04365,04262,14757,62260,52157,78749,87957,99556,757
Romania38,58139,51934,31337,74639,11639,07537,10237,10833,49737,51235,88444,17246,467
Bulgaria29,48627,56025,62222,99921,98136,80428,50027,81026,60326,56533,48037,26640,577
Turkey32,73427,50429,18828,51425,22128,20331,23337,46942,76434,75033,70730,82436,566
Portugal26,29521,36724,87525,61125,69326,29530,16829,72627,25324,81831,03734,07834,182
Germany28,43528,28928,93429,93727,84328,38731,84333,02331,38433,68832,43734,66633,916
United Kingdom19,27813,04615,21011,35414,40912,80514,61316,42219,20620,35822,28824,13819,114
Average31,19229,09928,69030,82926,63428,11229,66532,81331,89033,88832,43136,84834,733

Italy Woolen Yarn Exports

Woolen yarn exports from Italy skyrocketed to 2.2K tons in May 2023, increasing by 22% on April 2023 figures. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 with an increase of 65% against the previous month.

In value terms, woolen yarn exports totaled $76M (IndexBox estimates) in May 2023. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 with an increase of 43% month-to-month. Over the period under review, the exports attained the peak figure in May 2023.

Italy Woolen Yarn Exports by Type

Yarn of combed wool, not put up for retail sale (929 tons), yarn of carded wool, not put up for retail sale (817 tons) and yarn of wool or of fine animal hair, put up for retail sale (255 tons) were the main products of woolen yarn exports from Italy, together comprising 92% of total exports. These products were followed by 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, which together accounted for a further 8.2%.

From May 2022 to May 2023, the biggest increases were in yarn of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale (with a CAGR of +6.0%), while shipments for the other products experienced mixed trend patterns.

In value terms, yarn of combed wool, not put up for retail sale ($31M), yarn of carded wool, not put up for retail sale ($19M) and yarn of fine animal hair (carded or combed), not put up for retail sale ($17M) appeared to be the most exported types of yarn of wool from Italy worldwide, together comprising 88% 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 12%.

Among 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 +7.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced more modest paces of growth.

Italy Woolen Yarn Exports by Country

the UK (317 tons), Germany (184 tons) and France (156 tons) were the main destinations of woolen yarn exports from Italy, together comprising 30% of total exports.

From May 2022 to May 2023, the biggest increases were in France (with a CAGR of +6.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for woolen yarn exported from Italy were Romania ($7.1M), Germany ($6.2M) and the UK ($6.1M), together comprising 26% of total exports. France, Turkey, Portugal, Hong Kong, China, Bulgaria, Tunisia, Croatia, the Czech Republic and the Netherlands lagged somewhat behind, together accounting for a further 49%.

In terms of the main countries of destination, France, with a CAGR of +5.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders 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 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    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 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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