Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Japan - 2023

Contents:

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

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

In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $2,478 per ton, with a decrease of -5.9% against the previous year. Overall, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 2.6%. The import price peaked at $7,513 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($3,957 per ton), while the price for New Zealand ($2,302 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-3.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $1,629 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by 87%. As a result, the export price attained the peak level of $14,153 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($3,830 per ton), while the average price for exports to France amounted to $1,434 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.3%), while the prices for the other major destinations experienced a decline.

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Japan

For the third consecutive year, Japan recorded decline in supplies from abroad of wool; (not carded or combed), degreased, (not carbonised), shorn, which decreased by -7% to 1.4K tons in 2022. Overall, imports continue to indicate a deep setback.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn dropped to $3.4M in 2022. Over the period under review, imports recorded a abrupt decrease.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand3,2752,5752,0062,321-10.8%
United Kingdom923714588372-26.1%
France593470313367-14.8%
Belgium660706392216-31.1%
United States95.2112124N/A14.1%
Others59255542593.3-46.0%
Total6,1385,1333,8473,370-18.1%

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

  1. New Zealand (1008.6 tons)
  2. France (153.1 tons)
  3. United Kingdom (134.7 tons)
  4. Belgium (54.6 tons)

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Japan

In 2022, overseas shipments of wool; (not carded or combed), degreased, (not carbonised), shorn decreased by -50% to 11 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a pronounced setback.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn declined remarkably to $18K in 2022. Over the period under review, exports showed a precipitous setback.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France13.3N/A28.414.32.4%
China4.9N/A7.03.4-11.5%
Myanmar19.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total37.5N/A35.417.7-22.1%

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

  1. France (10.0 tons)
  2. China (0.9 tons)

Source: IndexBox Market Intelligence Platform

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