Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Indonesia - 2022

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Indonesia (CIF) - 2022
  2. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Indonesia (FOB) - 2022
  3. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Indonesia
  4. Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Indonesia

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Indonesia (CIF) - 2022

The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $13,756 per ton in 2022, dropping by -11.5% against the previous year. Overall, the import price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 156% against the previous year. Over the period under review, average import prices reached the peak figure at $15,542 per ton in 2021, and then reduced in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($14,309 per ton), while the price for China stood at $9,672 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Indonesia (FOB) - 2022

The average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $252 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9% against the previous year. The export price peaked at $5,660 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2015 to 2022, the rate of growth in terms of prices for Timor-Leste amounted to 0.0% per year.

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Indonesia

In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) imported into Indonesia skyrocketed to 15 tons, rising by 30,892% against the previous year. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) soared to $205K in 2022. Over the period under review, imports continue to indicate a significant 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), Degreased, (Not Carbonised), (Other than Shorn) in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/A4.70.5187530.8%
ChinaN/A5.5N/A17.276.8%
New Zealand0.14.50.2N/A41.4%
OthersN/A0.7N/AN/A0%
Total0.215.40.7205908.3%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Indonesia in 2022:

  1. Taiwan (Chinese) (13.1 tons)
  2. China (1.8 tons)

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Indonesia

In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) exported from Indonesia was estimated at 11 tons, standing approx. at the previous year's figure. In general, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $2.8K in 2022. Over the period under review, exports saw significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Indonesia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Timor-LesteN/AN/A2.80%
Others0.1N/AN/A0%
Total0.1N/A2.8429.2%

Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Indonesia in 2022:

  1. Timor-Leste (11.0 tons)

Source: IndexBox Market Intelligence Platform

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