Report Update Nov 1, 2024

Northern America - Noils of Wool or Fine Animal Hair - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Noils Of Wool Market 2024

Noils Of Wool Market Size in Northern America

The North American noils of wool market reduced to $X in 2021, falling by -6.7% against the previous year. Over the period under review, consumption, however, recorded a mild reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Noils Of Wool Production in Northern America

In value terms, noils of wool production reduced to $X in 2021 estimated in export price. In general, production, however, recorded a slight setback. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Noils Of Wool Exports

Exports in Northern America

After two years of decline, overseas shipments of noils of wool or fine animal hair increased by 40% to X tons in 2021. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by 110% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, noils of wool exports soared to $X in 2021. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 132% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, the United States (X tons) was the main exporter of noils of wool or fine animal hair, making up 89% of total exports. It was distantly followed by Canada (X tons), committing an 11% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to noils of wool exports from the United States stood at +4.5%. At the same time, Canada (+16.8%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +16.8% from 2012-2021. From 2012 to 2021, the share of Canada increased by +6.6 percentage points.

In value terms, the United States ($X) remains the largest noils of wool supplier in Northern America, comprising 93% of total exports. The second position in the ranking was taken by Canada ($X), with a 7.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +5.4%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, with an increase of 5.2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the export price increased by 22%. Over the period under review, the export prices hit record highs in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+8.3%).

Noils Of Wool Imports

Imports in Northern America

In 2021, approx. X tons of noils of wool or fine animal hair were imported in Northern America; shrinking by -54.5% on the year before. Over the period under review, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 34%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, noils of wool imports reduced markedly to $X in 2021. In general, imports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 60% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Canada (X tons) and the United States (X tons) represented roughly 99.9% of total imports in 2021.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Canada (with a CAGR of -17.0%).

In value terms, the United States ($X) constitutes the largest market for imported noils of wool or fine animal hair in Northern America, comprising 72% of total imports. The second position in the ranking was held by Canada ($X), with a 28% share of total imports.

In the United States, noils of wool imports decreased by an average annual rate of -19.0% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, shrinking by -28.4% against the previous year. Over the period under review, the import price, however, recorded a buoyant increase. The growth pace was the most rapid in 2017 an increase of 49%. The level of import peaked at $X per ton in 2020, and then declined significantly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+14.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for noils of wool or fine animal hair in Northern America?

The United States constituted the country with the largest volume of noils of wool consumption, accounting for 88% of total volume. Moreover, noils of wool consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, sevenfold.

What are the largest producers of noils of wool or fine animal hair in Northern America?

The United States remains the largest noils of wool producing country in Northern America, comprising approx. 88% of total volume. Moreover, noils of wool production in the United States exceeded the figures recorded by the second-largest producer, Canada, sevenfold.

What are the leading exporters of noils of wool or fine animal hair in Northern America?

In value terms, the United States remains the largest noils of wool supplier in Northern America, comprising 93% of total exports. The second position in the ranking was occupied by Canada, with a 7.3% share of total exports.

What are the leading importers of noils of wool or fine animal hair in Northern America?

In value terms, Canada and the United States appeared to be the countries with the highest levels of imports in 2021.

What is the average export price for noils of wool or fine animal hair in Northern America?

The noils of wool export price in Northern America stood at $4,108 per ton in 2021, with an increase of 5.2% against the previous year.

What is the average import price for noils of wool or fine animal hair in Northern America?

In 2021, the noils of wool import price in Northern America amounted to $3,175 per ton, which is down by -58.8% against the previous year.

This report provides an in-depth analysis of the noils of wool market in Northern America. 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 13102300 - Noils of wool or fine animal hair

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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
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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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. 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. 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. PROFILES OF MAJOR PRODUCERS

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

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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
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