Price for Wool; (Not Carded or Combed), Carbonised in South Korea - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Carbonised in South Korea (CIF) - 2022
- Imports of Wool; (Not Carded or Combed), Carbonised in South Korea
Price for Wool; (Not Carded or Combed), Carbonised in South Korea (CIF) - 2022
The average import price for wool; (not carded or combed), carbonised stood at $7,319 per ton in December 2022, dropping by -12.1% against the previous month. Overall, the import price saw a slight decline. The growth pace was the most rapid in February 2022 when the average import price increased by 11% m-o-m. As a result, import price attained the peak level of $9,758 per ton. From March 2022 to December 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Australia ($7,439 per ton), while the price for China amounted to $6,574 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%).
Imports of Wool; (Not Carded or Combed), Carbonised in South Korea
In 2022, approx. 5.3K tons of wool; (not carded or combed), carbonised were imported into South Korea; approximately reflecting 2021 figures. In general, imports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 13%.
In value terms, imports of wool; (not carded or combed), carbonised dropped modestly to $48M in 2022. Overall, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 19%.
| Import of Wool; (Not Carded or Combed), Carbonised in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 68.2 | 38.7 | 43.9 | 44.1 | -13.5% |
| China | 5.9 | 2.3 | 2.6 | 3.5 | -16.0% |
| Others | N/A | N/A | 2.6 | 0.7 | -73.1% |
| Total | 74.1 | 41.1 | 49.1 | 48.2 | -13.4% |
Top Suppliers of Wool; (Not Carded or Combed), Carbonised to South Korea in 2022:
- Australia (4.7K tons)
- China (0.5K tons)
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