Malta: Woolen Yarn Market 2020

Woolen Yarn Market Size in Malta

The revenue of the woolen yarn market in Malta amounted to $X in 2018, dropping by -X% against the previous year. In general, woolen yarn consumption continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2009 when the market value increased by X% y-o-y. Over the period under review, the woolen yarn market reached its peak figure level at $X in 2017, and then declined slightly in the following year.

Woolen Yarn Production in Malta

In value terms, woolen yarn production totaled $X in 2018 estimated in export prices. Overall, the total output indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, woolen yarn production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Malta woolen yarn production peaked at $X in 2014; however, from 2015 to 2018, production remained at a lower figure.

Woolen Yarn Exports

Exports from Malta

In 2018, the exports of yarn of wool from Malta stood at X kg, shrinking by -X% against the previous year. Over the period under review, woolen yarn exports continue to indicate a dramatic reduction. The pace of growth appeared the most rapid in 2012 when exports decreased by -X% against the previous year. Over the period under review, woolen yarn exports attained their peak figure at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, woolen yarn exports totaled $X in 2018. In general, woolen yarn exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2012 with a decrease of -X% y-o-y. Malta exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, China (X tons) and Italy (X tons) were the largest exporters of yarn of woolacross the globe, together finishing at approx. X% of total exports. China, Hong Kong SAR (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by the UK (X%), Poland (X%), Germany (X%), Romania (X%) and India (X%). The following exporters - the Czech Republic (X tons), Denmark (X tons), Bulgaria (X tons) and Lithuania (X tons) - each reached a X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and China, Hong Kong SAR ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Germany, Romania, Poland, the Czech Republic, India, the UK, Bulgaria, Denmark, Lithuania and Malta lagged somewhat behind, together comprising a further X recorded the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the woolen yarn export price in Malta amounted to $X per ton, lowering by -X% against the previous year. In general, the woolen yarn export price continues to indicate an abrupt contraction. The growth pace was the most rapid in 2012 an increase of X% y-o-y. In that year, the export prices for yarn of wool attained their peak level of $X per ton. From 2013 to 2018, the growth in terms of the export prices for yarn of wool remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Woolen Yarn Imports

Imports into Malta

In 2018, the imports of yarn of wool into Malta stood at X tons, jumping by X% against the previous year. In general, woolen yarn imports, however, continue to indicate a moderate drop. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Over the period under review, woolen yarn imports attained their maximum at X tons in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, woolen yarn imports amounted to $X in 2018. In general, woolen yarn imports, however, continue to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Malta imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

The UK (X tons) and Italy (X tons) represented the major importers of yarn of wool in 2018, reaching near X% and X% of total imports, respectively. Denmark (X tons) occupied the next position in the ranking, followed by China, Hong Kong SAR (X tons) and Germany (X tons). All these countries together occupied approx. X% share of total imports. The following importers - the U.S. (X tons), Japan (X tons), Belgium (X tons), Poland (X tons), the Netherlands (X tons), Vietnam (X tons) and China (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest woolen yarn importing markets into Malta were Italy ($X), China, Hong Kong SAR ($X) and Germany ($X), with a combined X% share of total imports. The UK, Japan, the U.S., Vietnam, Denmark, China, the Netherlands, Belgium, Poland and Malta lagged somewhat behind, together accounting for a further X terms of the main importing countries, Vietnam experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the woolen yarn import price in Malta amounted to $X per ton, going down by -X% against the previous year. In general, the woolen yarn import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2011 an increase of X% y-o-y. In that year, the import prices for yarn of wool reached their peak level of $X per ton. From 2012 to 2018, the growth in terms of the import prices for yarn of wool remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China, Hong Kong SAR ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform