Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in China - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in China (FOB) - 2023
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in China (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in China
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in China
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in China (FOB) - 2023
The average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $1,601 per ton in September 2023, stabilizing at the previous month. Overall, the export price faced a sharp contraction. The pace of growth appeared the most rapid in August 2023 when the average export price increased by 1.5% month-to-month. Over the period under review, the average export prices hit record highs at $25,000 per ton in May 2023; however, from June 2023 to September 2023, 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 India.
From May 2023 to September 2023, the rate of growth in terms of prices for India amounted to -49.7% per month.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in China (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $1,300 per ton in 2022, approximately mirroring the previous year. In general, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 249%. Over the period under review, average import prices attained the maximum at $3,267 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to +12.4% per year.
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in China
Exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) from China dropped rapidly to 4.8 tons in 2022, declining by -48.1% against 2021 figures. Overall, exports saw a precipitous descent.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) skyrocketed to $124K in 2022. In general, exports faced a significant decline.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 124 | 0% |
| Nepal | 279 | 53.4 | 25.0 | N/A | -70.1% |
| South Korea | 51.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 331 | 53.4 | 25.0 | 124 | -27.9% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from China in 2022:
- India (4.8 tons)
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in China
In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) imported into China reduced rapidly to 70 tons, with a decrease of -27.5% compared with 2021. In general, imports faced a precipitous shrinkage.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) shrank significantly to $91K in 2022. Over the period under review, imports recorded a sharp downturn.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Turkey | 571 | 126 | 91.4 | -60.0% | |
| New Zealand | 49.4 | N/A | N/A | 0% | |
| Others | 11.5 | N/A | N/A | 0% | |
| Total | 632 | 126 | 91.4 | -62.0% | |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to China in 2022:
- Turkey (70.3 tons)
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