Price for Wool, Not Carded or Combed in Japan - 2023
Contents:
- Price for Wool, Not Carded or Combed in Japan (CIF) - 2023
- Price for Wool, Not Carded or Combed in Japan (FOB) - 2022
- Imports of Wool, Not Carded or Combed in Japan
- Exports of Wool, Not Carded or Combed in Japan
Price for Wool, Not Carded or Combed in Japan (CIF) - 2023
In July 2023, the average import price for wool, not carded or combed amounted to $3,089 per ton, which is down by -27.3% against the previous month. Overall, the import price showed a deep setback. The most prominent rate of growth was recorded in November 2022 an increase of 42% against the previous month. As a result, import price attained the peak level of $6,931 per ton. From December 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($7,445 per ton), while the price for the UK ($2,100 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+1.4%), while the prices for the other major suppliers experienced a decline.
Price for Wool, Not Carded or Combed in Japan (FOB) - 2022
The average export price for wool, not carded or combed stood at $32,281 per ton in 2022, growing by 1,515% against the previous year. Over the period under review, the export price recorded a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Mexico.
From 2012 to 2022, the rate of growth in terms of prices for Mauritius amounted to +0.5% per year.
Imports of Wool, Not Carded or Combed in Japan
After two years of decline, purchases abroad of wool, not carded or combed increased by 19% to 3.2K tons in 2022. In general, imports, however, continue to indicate a deep setback.
In value terms, wool, not carded or combed imports skyrocketed to $18M in 2022. Over the period under review, imports, however, faced a abrupt decrease.
| Import of Wool, Not Carded or Combed in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 18.2 | 6.6 | 6.0 | 9.7 | -18.9% |
| China | 3.7 | 2.3 | 2.4 | 3.9 | 1.8% |
| New Zealand | 3.9 | 3.3 | 2.9 | 2.8 | -10.5% |
| France | 1.2 | 0.9 | 0.9 | 0.8 | -12.6% |
| United Kingdom | 1.2 | 0.9 | 0.9 | 0.6 | -20.6% |
| Belgium | 0.7 | 0.8 | 0.5 | 0.2 | -34.1% |
| Others | 0.3 | 0.2 | 0.1 | 0.5 | 18.6% |
| Total | 29.2 | 15.1 | 13.6 | 18.4 | -14.3% |
Top Suppliers of Wool, Not Carded or Combed to Japan in 2022:
- New Zealand (1096.3 tons)
- Australia (1007.6 tons)
- China (461.9 tons)
- France (266.2 tons)
- United Kingdom (228.7 tons)
- Belgium (54.6 tons)
Exports of Wool, Not Carded or Combed in Japan
In 2022, approx. 57 kg of wool, not carded or combed were exported from Japan; which is down by -99.9% on 2021. In general, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year.
In value terms, wool, not carded or combed exports dropped notably to $1.8K in 2022. Overall, exports faced a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 8.2% against the previous year.
| Export of Wool, Not Carded or Combed in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | N/A | 1.8 | 0% |
| South Korea | N/A | 9.9 | N/A | N/A | 0% |
| China | N/A | N/A | 46.4 | N/A | 0% |
| Vietnam | 177 | N/A | N/A | N/A | 0% |
| France | N/A | N/A | 37.2 | N/A | 0% |
| Myanmar | 123 | 2.7 | 12.6 | N/A | -68.0% |
| Lao People's Democratic Republic | 117 | 110 | N/A | N/A | -6.0% |
| Others | 6.7 | 15.0 | 52.6 | N/A | 180.2% |
| Total | 424 | 138 | 149 | 1.8 | -83.8% |
Top Export Markets for Wool, Not Carded or Combed from Japan in 2022:
- Mexico (57.0 kg)
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