Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Thailand - 2024

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Thailand (CIF) - 2024
  2. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Thailand

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Thailand (CIF) - 2024

The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $7,011 per ton in November 2023, waning by -11.3% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average import price increased by 57% against the previous month. The import price peaked at $13,511 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($10,281 per ton), while the price for the UK ($2,496 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), shorn imported into Thailand soared to 3.3K tons, growing by 33% compared with 2021. Overall, imports, however, recorded a dramatic setback.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn surged to $29M in 2022. Over the period under review, imports, however, recorded a pronounced contraction.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia25.913.115.927.11.5%
United Kingdom1.81.41.31.6-3.9%
New Zealand2.90.71.20.6-40.9%
Uruguay1.60.40.8N/A-29.3%
OthersN/A0.10.7N/A600.0%
Total32.115.819.829.2-3.1%

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

  1. Australia (2427.7 tons)
  2. United Kingdom (726.3 tons)
  3. New Zealand (177.8 tons)

Source: IndexBox Market Intelligence Platform

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