Price for Wool; (Not Carded or Combed), Carbonised in India - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Carbonised in India (CIF) - 2023
- Price for Wool; (Not Carded or Combed), Carbonised in India (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Carbonised in India
- Exports of Wool; (Not Carded or Combed), Carbonised in India
Price for Wool; (Not Carded or Combed), Carbonised in India (CIF) - 2023
The average import price for wool; (not carded or combed), carbonised stood at $5,855 per ton in October 2023, increasing by 48% against the previous month. Over the period under review, the import price enjoyed a perceptible increase. The growth pace was the most rapid in April 2023 an increase of 109% against the previous month. The import price peaked at $12,685 per ton in May 2023; however, from June 2023 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From November 2022 to October 2023, the rate of growth in terms of prices for Australia amounted to +2.5% per month.
Price for Wool; (Not Carded or Combed), Carbonised in India (FOB) - 2022
The average export price for wool; (not carded or combed), carbonised stood at $8,887 per ton in 2022, shrinking by -2.8% against the previous year. Overall, the export price continues to indicate a sharp contraction. The most prominent rate of growth was recorded in 2019 an increase of 127% against the previous year. Over the period under review, the average export prices hit record highs at $86,330 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($46,803 per ton), while the average price for exports to Italy totaled $8,004 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+47.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wool; (Not Carded or Combed), Carbonised in India
In 2022, the amount of wool; (not carded or combed), carbonised imported into India surged to 117 tons, rising by 714% on 2021. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of wool; (not carded or combed), carbonised soared to $900K in 2022. In general, imports posted a noticeable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wool; (Not Carded or Combed), Carbonised in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 731 | 407 | 78.1 | 670 | -2.9% |
| Germany | N/A | N/A | N/A | 230 | 0% |
| South Africa | 59.5 | 169 | N/A | N/A | 184.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 790 | 576 | 78.1 | 900 | 4.4% |
Top Suppliers of Wool; (Not Carded or Combed), Carbonised to India in 2022:
- Australia (66.7 tons)
- Germany (50.6 tons)
Exports of Wool; (Not Carded or Combed), Carbonised in India
In 2022, exports of wool; (not carded or combed), carbonised from India fell remarkably to 2.9 tons, waning by -19.5% on 2021. In general, exports faced a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 302%.
In value terms, exports of wool; (not carded or combed), carbonised fell dramatically to $26K in 2022. Over the period under review, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 263%.
| Export of Wool; (Not Carded or Combed), Carbonised in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 39.0 | N/A | 31.2 | 22.6 | -16.6% |
| Switzerland | N/A | N/A | 1.7 | 3.1 | 82.4% |
| Germany | N/A | 5.5 | N/A | N/A | 0% |
| United Kingdom | 135 | 3.3 | N/A | N/A | -97.6% |
| Others | 1.4 | 0.3 | N/A | N/A | -78.6% |
| Total | 176 | 9.1 | 32.9 | 25.8 | -47.3% |
Top Export Markets for Wool; (Not Carded or Combed), Carbonised from India in 2022:
- Italy (2829.0 kg)
- Switzerland (66.0 kg)
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