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Report World - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Yarn of Wool - Market Analysis, Forecast, Size, Trends and Insights

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Global Woolen Yarn Market 2024

Woolen Yarn Market Size

The global woolen yarn market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, continues to indicate a pronounced descent. Over the period under review, the global market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Woolen Yarn Production

In value terms, woolen yarn production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible reduction. Over the period under review, global production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Woolen Yarn Exports

Exports

In 2021, overseas shipments of yarn of wool increased by 22% to X tons for the first time since 2014, thus ending a six-year declining trend. Overall, exports, however, saw a pronounced downturn. Over the period under review, the global exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, woolen yarn exports soared to $X in 2021. In general, exports, however, saw a mild slump. Over the period under review, the global exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) and Italy (X tons) represented roughly 34% of total exports in 2021. Lithuania (X tons) held the next position in the ranking, followed by Germany (X tons), India (X tons), Hong Kong SAR (X tons) and Romania (X tons). All these countries together took near 28% share of total exports. The UK (X tons), Bulgaria (X tons), Poland (X tons), the Czech Republic (X tons), Turkey (X tons) and Peru (X tons) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Lithuania (with a CAGR of +7.8%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest woolen yarn supplying countries worldwide were China ($X), Italy ($X) and Germany ($X), with a combined 55% share of global exports. These countries were followed by Hong Kong SAR, Romania, Peru, the UK, the Czech Republic, Lithuania, India, Poland, Bulgaria and Turkey, which together accounted for a further 30%.

Among the main exporting countries, Lithuania, with a CAGR of +6.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average woolen yarn export price amounted to $X per ton, approximately equating the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 18% against the previous year. The global export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.6%), while the other global leaders experienced more modest paces of growth.

Woolen Yarn Imports

Imports

After two years of decline, purchases abroad of yarn of wool increased by 18% to X tons in 2021. Overall, imports, however, continue to indicate a pronounced decrease. Over the period under review, global imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, woolen yarn imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a mild descent. Global imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) and the UK (X tons) were the main importers of yarn of woolaround the world, together amounting to approx. 23% of total imports. Germany (X tons) held a 7% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (5.4%) and the United States (5.1%). The following importers - Denmark (X tons), Vietnam (X tons), Norway (X tons), Australia (X tons), Belgium (X tons), Austria (X tons), the Netherlands (X tons) and Japan (X tons) - together made up 23% of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +19.6%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest woolen yarn importing markets worldwide were Italy ($X), Hong Kong SAR ($X) and Germany ($X), with a combined 30% share of global imports. These countries were followed by the UK, the United States, Vietnam, Norway, Denmark, Japan, Austria, Australia, the Netherlands and Belgium, which together accounted for a further 30%.

In terms of the main importing countries, Vietnam, with a CAGR of +19.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average woolen yarn import price stood at $X per ton in 2021, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2018 an increase of 11%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+11.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of woolen yarn consumption in 2020 were China, India and Italy, with a combined 42% share of global consumption.
The country with the largest volume of woolen yarn production was China, accounting for 26% of total volume. Moreover, woolen yarn production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Italy, with an 8.9% share.
In value terms, the largest woolen yarn supplying countries worldwide were China, Italy and Hong Kong SAR, with a combined 55% share of global exports. Germany, Romania, the Czech Republic, Bulgaria, the UK, India, Lithuania, Poland, Turkey and Spain lagged somewhat behind, together comprising a further 29%.
In value terms, the largest woolen yarn importing markets worldwide were Italy, Hong Kong SAR and Germany, together accounting for 31% of global imports. These countries were followed by the UK, Vietnam, the United States, Norway, Denmark, Japan, South Korea, Turkey, the Netherlands and Australia, which together accounted for a further 32%.
In 2020, the average woolen yarn export price amounted to $22,424 per ton, therefore, remained relatively stable against the previous year.
The average woolen yarn import price stood at $20,556 per ton in 2020, declining by -1.6% against the previous year.

This report provides an in-depth analysis of the global woolen yarn market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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