Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the Philippines - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the Philippines (CIF) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the Philippines
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the Philippines (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $11,400 per ton in 2022, with an increase of 60% against the previous year. Overall, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 75% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +7.2% per year.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the Philippines
For the third year in a row, the Philippines recorded decline in purchases abroad of wool; (not carded or combed), degreased, (not carbonised), shorn, which decreased by -97.9% to 5 kg in 2022. Over the period under review, imports continue to indicate a precipitous curtailment. The smallest decline of -19.9% was in 2021.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn contracted notably to $57 in 2022. Overall, imports saw a sharp shrinkage. The smallest decline of -20% was in 2021.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| New Zealand | 7.2 | 2.2 | 1.7 | N/A | -51.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.2 | 2.2 | 1.7 | 0.1 | -76.0% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to the Philippines in 2022:
- Germany (5.0 kg)
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