Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Nepal - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Nepal (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Nepal (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Nepal
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Nepal
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Nepal (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $21,330 per ton, with an increase of 415% against the previous year. Over the period under review, the import price continues to indicate a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($32,856 per ton), while the price for Italy ($8,004 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 (+12.2%), 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 Nepal (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $12,071 per ton, increasing by 8% against the previous year. Over the period under review, the export price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 99%. As a result, the export price attained the peak level of $33,000 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($34,583 per ton), while the average price for exports to Germany ($10,414 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+209.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Nepal
In 2022, purchases abroad of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) decreased by -83.1% to 11 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a sharp setback. The pace of growth was the most pronounced in 2020 with an increase of 33%. As a result, imports reached the peak of 116 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) fell to $224K in 2022. In general, imports showed a abrupt shrinkage. The smallest decline of -4.8% was in 2020.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | 6.8 | N/A | 177 | 410.2% |
| Peru | 2.2 | 2.6 | 4.9 | 35.5 | 152.7% |
| Italy | N/A | N/A | 41.3 | 11.5 | -72.2% |
| New Zealand | 48.2 | 38.3 | 36.9 | N/A | -12.5% |
| China | 238 | 229 | 131 | N/A | -25.8% |
| India | 15.6 | 12.7 | 14.5 | N/A | -3.6% |
| Others | 1.1 | 0.8 | 28.3 | N/A | 407.2% |
| Total | 305 | 290 | 257 | 224 | -9.8% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Nepal in 2022:
- South Africa (5.4 tons)
- Peru (3.7 tons)
- Italy (1.4 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Nepal
In 2022, approx. 340 kg of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) were exported from Nepal; picking up by 10% against the previous year. The total export volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. As a result, the exports reached the peak of 366 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) skyrocketed to $4.1K in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 39% against the previous year. As a result, the exports attained the peak of $4.8K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.9 | 4.4 | 1.6 | 3.2 | 3.3% |
| Norway | 0.5 | 0.2 | 0.2 | 0.5 | 0.0% |
| United States | N/A | N/A | 1.5 | 0.4 | -73.3% |
| Others | N/A | 0.2 | 0.2 | N/A | 0.0% |
| Total | 3.4 | 4.8 | 3.5 | 4.1 | 6.4% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Nepal in 2022:
- Germany (304.0 kg)
- Norway (20.0 kg)
- United States (12.0 kg)
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