Report Update Nov 1, 2024

Vietnam - Coarse Animal Hair - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Coarse Animal Hair Market 2024

Coarse Animal Hair Market Size in Vietnam

In 2022, the Vietnamese coarse animal hair market increased by 1.4% to $X, rising for the third year in a row after five years of decline. In general, consumption showed a slight descent. Coarse animal hair consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Coarse Animal Hair Production in Vietnam

In value terms, coarse animal hair production rose modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 18% against the previous year. Coarse animal hair production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Coarse Animal Hair Exports

Exports from Vietnam

In 2020, shipments abroad of coarse animal hair decreased by -97.9% to X tons for the first time since 2017, thus ending a two-year rising trend. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 61,401% against the previous year. As a result, the exports reached the peak of X tons, and then declined sharply in the following year.

In value terms, coarse animal hair exports shrank remarkably to $X in 2020. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 21,019%. As a result, the exports reached the peak of $X, and then contracted notably in the following year.

Exports by Country

China (X tons) was the main destination for coarse animal hair exports from Vietnam, accounting for a approx. 100% share of total exports.

From 2018 to 2020, the average annual growth rate of volume to China stood at -97.9%.

In value terms, China ($X) also remains the key foreign market for coarse animal hair exports from Vietnam.

From 2018 to 2020, the average annual growth rate of value to China amounted to -96.3%.

Export Prices by Country

The average coarse animal hair export price stood at $X per ton in 2020, picking up by 75% against the previous year. In general, the export price, however, recorded a precipitous contraction. The export price peaked at $X per ton in 2018; however, from 2019 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2018 to 2020, the rate of growth in terms of prices for China amounted to +74.9% per year.

Coarse Animal Hair Imports

Imports into Vietnam

In 2022, overseas purchases of coarse animal hair decreased by -8.9% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 1,514%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, coarse animal hair imports contracted sharply to $X in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 2,493% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

South Korea (X tons), China (X tons) and the United States (X kg) were the main suppliers of coarse animal hair imports to Vietnam, together comprising 100% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of -2.6%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of coarse animal hair to Vietnam, comprising 65% of total imports. The second position in the ranking was held by South Korea ($X), with a 21% share of total imports. It was followed by the United States, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-23.9% per year) and the United States (-13.3% per year).

Import Prices by Country

The average coarse animal hair import price stood at $X per ton in 2022, reducing by -26.7% against the previous year. Overall, the import price showed a deep slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 61% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for coarse animal hair in the world?

The country with the largest volume of coarse animal hair consumption was China, comprising approx. 42% of total volume. Moreover, coarse animal hair consumption in China exceeded the figures recorded by the second-largest consumer, Kazakhstan, twofold. The third position in this ranking was occupied by Pakistan, with a 7.7% share.

What are the largest producers of coarse animal hair in the world?

The countries with the highest volumes of coarse animal hair production in 2021 were Kazakhstan, Pakistan and Turkmenistan, together comprising 53% of global production. Kyrgyzstan, Uzbekistan, Belgium and Turkey lagged somewhat behind, together accounting for a further 35%.

What are the leading suppliers of coarse animal hair to Vietnam?

In value terms, China constituted the largest supplier of coarse animal hair to Vietnam, comprising 62% of total imports. The second position in the ranking was occupied by South Korea, with a 24% share of total imports. It was followed by Taiwan Chinese), with a 6.9% share.

What are the leading importers of coarse animal hair from Vietnam?

In value terms, China remains the key foreign market for coarse animal hair exports from Vietnam.

What is the average export price for coarse animal hair in Vietnam?

The average coarse animal hair export price stood at $2,905 per ton in 2020, picking up by 75% against the previous year.

What is the average import price for coarse animal hair in Vietnam?

The average coarse animal hair import price stood at $830 per ton in 2021, waning by -40.6% against the previous year.

This report provides an in-depth analysis of the coarse animal hair market in Vietnam. 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:

FCL 1031 - Coarse goat hair

Country coverage:

Vietnam

Data coverage:

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