Price for Wool, Not Carded or Combed in Indonesia - 2022
Contents:
- Price for Wool, Not Carded or Combed in Indonesia (CIF) - 2022
- Price for Wool, Not Carded or Combed in Indonesia (FOB) - 2022
- Imports of Wool, Not Carded or Combed in Indonesia
- Exports of Wool, Not Carded or Combed in Indonesia
Price for Wool, Not Carded or Combed in Indonesia (CIF) - 2022
The average import price for wool, not carded or combed stood at $9,388 per ton in 2022, rising by 89% against the previous year. In general, the import price enjoyed resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($44,904 per ton), while the price for Bosnia and Herzegovina ($501 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.7%), while the prices for the other major suppliers experienced a decline.
Price for Wool, Not Carded or Combed in Indonesia (FOB) - 2022
In 2022, the average export price for wool, not carded or combed amounted to $638 per ton, declining by -3.3% against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 18% against the previous year. Over the period under review, the average export prices reached the maximum at $4,250 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($47,000 per ton), while the average price for exports to India ($460 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 UK (+60.8%), while the prices for the other major destinations experienced a decline.
Imports of Wool, Not Carded or Combed in Indonesia
In 2022, imports of wool, not carded or combed into Indonesia reduced dramatically to 9.3 tons, falling by -87.1% on the previous year's figure. In general, imports recorded a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year.
In value terms, wool, not carded or combed imports plummeted to $87K in 2022. Overall, imports faced a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 40%.
| Import of Wool, Not Carded or Combed in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 153 | 114 | 155 | 42.9 | -34.5% |
| Italy | 85.3 | 62.1 | 81.7 | 22.0 | -36.3% |
| Hong Kong SAR | 45.6 | 32.5 | 41.9 | 11.0 | -37.7% |
| New Zealand | 77.2 | 25.9 | 49.8 | 5.3 | -59.1% |
| Malaysia | 12.5 | 1.7 | 9.8 | 2.3 | -43.1% |
| Pakistan | 11.5 | 5.9 | 7.5 | 1.7 | -47.1% |
| Australia | 4.8 | 3.3 | 4.1 | 1.1 | -38.8% |
| Bosnia and Herzegovina | 3.5 | 1.7 | 1.5 | 0.2 | -61.5% |
| Others | 15.4 | 8.4 | 6.9 | 1.0 | -59.8% |
| Total | 408 | 256 | 358 | 87.5 | -40.1% |
Top Suppliers of Wool, Not Carded or Combed to Indonesia in 2022:
- India (3.5 tons)
- New Zealand (1.9 tons)
- Pakistan (1.1 tons)
- Hong Kong SAR (0.8 tons)
- Australia (0.5 tons)
- Italy (0.5 tons)
- Malaysia (0.5 tons)
- Bosnia and Herzegovina (0.4 tons)
Exports of Wool, Not Carded or Combed in Indonesia
After three years of growth, shipments abroad of wool, not carded or combed decreased by -35.9% to 663 kg in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 628% against the previous year.
In value terms, wool, not carded or combed exports fell notably to $423 in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 318% against the previous year. As a result, the exports attained the peak of $682, and then contracted dramatically in the following year.
| Export of Wool, Not Carded or Combed in Indonesia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 37.0 | 153 | 636 | 284 | 97.3% |
| Malaysia | 1.0 | 6.0 | 39.0 | 37.0 | 233.2% |
| Others | 4.0 | 4.0 | 7.0 | 102 | 194.3% |
| Total | 42.0 | 163 | 682 | 423 | 116.0% |
Top Export Markets for Wool, Not Carded or Combed from Indonesia in 2022:
- India (618.0 kg)
- Malaysia (39.0 kg)
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