Price for Wool; (Not Carded or Combed), Carbonised in China - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Carbonised in China (FOB) - 2023
- Price for Wool; (Not Carded or Combed), Carbonised in China (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Carbonised in China
- Imports of Wool; (Not Carded or Combed), Carbonised in China
Price for Wool; (Not Carded or Combed), Carbonised in China (FOB) - 2023
The average export price for wool; (not carded or combed), carbonised stood at $6,140 per ton in December 2023, increasing by 4.9% against the previous month. In general, the export price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in May 2023 an increase of 52% month-to-month. As a result, the export price attained the peak level of $9,201 per ton. From June 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($22,167 per ton), while the average price for exports to Canada ($3,929 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+14.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wool; (Not Carded or Combed), Carbonised in China (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), carbonised amounted to $7,457 per ton, surging by 33% against the previous year. Overall, the import price, however, showed a mild downturn. The import price peaked at $9,904 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($7,574 per ton), while the price for New Zealand ($4,705 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wool; (Not Carded or Combed), Carbonised in China
In 2022, approx. 2.7K tons of wool; (not carded or combed), carbonised were exported from China; declining by -9.7% compared with 2021. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 38%. As a result, the exports reached the peak of 3K tons, and then contracted in the following year.
In value terms, exports of wool; (not carded or combed), carbonised contracted to $20M in 2022. In general, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 28%.
| Export of Wool; (Not Carded or Combed), Carbonised in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.1 | 7.5 | 8.6 | 9.1 | -6.4% |
| South Korea | 5.3 | 2.0 | 2.2 | 3.3 | -14.6% |
| Italy | 1.6 | 1.7 | 4.6 | 2.1 | 9.5% |
| Germany | 1.7 | 3.2 | 2.0 | 1.6 | -2.0% |
| Australia | 0.6 | 1.1 | 2.1 | 1.2 | 26.0% |
| Mexico | 0.7 | 0.5 | 0.7 | 0.8 | 4.6% |
| Taiwan (Chinese) | 1.1 | 0.8 | 1.3 | 0.6 | -18.3% |
| Others | 0.8 | 0.6 | 0.8 | 1.0 | 7.7% |
| Total | 22.7 | 17.4 | 22.4 | 19.6 | -4.8% |
Top Export Markets for Wool; (Not Carded or Combed), Carbonised from China in 2022:
- Japan (1093.7 tons)
- South Korea (478.8 tons)
- Australia (269.6 tons)
- Germany (251.8 tons)
- Italy (213.7 tons)
- Taiwan (Chinese) (140.2 tons)
- Mexico (98.4 tons)
Imports of Wool; (Not Carded or Combed), Carbonised in China
In 2022, after three years of growth, there was significant decline in overseas purchases of wool; (not carded or combed), carbonised, when their volume decreased by -33.1% to 544 tons. Over the period under review, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, imports reached the peak of 813 tons, and then contracted remarkably in the following year.
In value terms, imports of wool; (not carded or combed), carbonised fell to $4.1M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 58%. As a result, imports attained the peak of $4.6M, and then shrank in the following year.
| Import of Wool; (Not Carded or Combed), Carbonised in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 2.6 | 2.6 | 4.2 | 3.8 | 13.5% |
| Egypt | 0.6 | N/A | 0.1 | 0.1 | -45.0% |
| New Zealand | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Others | 0.1 | 0.3 | 0.1 | N/A | 0.0% |
| Total | 3.3 | 2.9 | 4.6 | 4.1 | 7.5% |
Top Suppliers of Wool; (Not Carded or Combed), Carbonised to China in 2022:
- Australia (506.6 tons)
- New Zealand (22.2 tons)
- Egypt (14.9 tons)
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