Report Update: Nov 1, 2024

U.S. - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights

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Woolen Yarn Prices in the United States

U.S. Woolen Yarn Import Price per Ton in July 2022

In July 2022, the woolen yarn price per ton stood at $22.5K (CIF, US), therefore, remained relatively stable against the previous month. Over the period from January 2022 to July 2022, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 15% month-to-month. Over the period under review, average import prices hit record highs at $25.2K per ton in March 2022; however, from April 2022 to July 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Italy ($66.3K per ton), while the price for Portugal ($7.2K per ton) was amongst the lowest.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Woolen Yarn Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was yarn of fine animal hair (carded or combed), not put up for retail sale ($81.3K per ton), while the price for yarn of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale ($10.1K per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by yarn of fine animal hair (carded or combed), not put up for retail sale (+9.9%), while the prices for the other products experienced mixed trend patterns.

U.S. Woolen Yarn Imports

In August 2022, purchases abroad of yarn of wool increased by 17% to 599 tons for the first time since May 2022, thus ending a two-month declining trend. The total import volume increased at an average monthly rate of +2.8% from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in March 2022 when imports increased by 38% against the previous month.

In value terms, woolen yarn imports totaled $13M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +4.2% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in March 2022 with an increase of 50% month-to-month.

U.S. Woolen Yarn Imports by Type

Yarn of combed wool, not put up for retail sale (236 tons), yarn of carded wool, not put up for retail sale (207 tons) and yarn of wool or of fine animal hair, put up for retail sale (141 tons) were the main products of woolen yarn imports to the United States, together comprising 97% of total imports.

From January 2022 to August 2022, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by yarn of combed wool, not put up for retail sale (with a CAGR of +8.5%), while imports for the other products experienced more modest paces of growth.

In value terms, the most traded types of yarn of wool in the United States were yarn of combed wool, not put up for retail sale ($5.1M), yarn of wool or of fine animal hair, put up for retail sale ($4.7M) and yarn of carded wool, not put up for retail sale ($2.1M), together comprising 91% of total imports. 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 9.3%.

U.S. Woolen Yarn Imports by Country

Canada (99 tons), Turkey (83 tons) and Peru (68 tons) were the main suppliers of woolen yarn imports to the United States, together comprising 49% of total imports.

From January 2022 to July 2022, the biggest increases were in Turkey (with a CAGR of +32.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Peru ($2.7M), Canada ($1.9M) and Italy ($1.6M) constituted the largest woolen yarn suppliers to the United States, with a combined 54% share of total imports. These countries were followed by Mexico, Turkey, the UK, Denmark, Romania, Portugal, China, India and New Zealand, which together accounted for a further 30%.

In terms of the main suppliers, Mexico, with a CAGR of +27.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases 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 the U.S.. 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:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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