Price for Wool, Not Carded or Combed in Malaysia - 2022
Contents:
- Price for Wool, Not Carded or Combed in Malaysia (FOB) - 2022
- Price for Wool, Not Carded or Combed in Malaysia (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Malaysia
- Imports of Wool, Not Carded or Combed in Malaysia
Price for Wool, Not Carded or Combed in Malaysia (FOB) - 2022
The average export price for wool, not carded or combed stood at $3,062 per ton in 2022, waning by -1.8% against the previous year. Overall, the export price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 30%. The export price peaked at $3,475 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($5,181 per ton), while the average price for exports to Japan ($1,424 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 India (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wool, Not Carded or Combed in Malaysia (CIF) - 2022
In 2022, the average import price for wool, not carded or combed amounted to $5,008 per ton, picking up by 21% against the previous year. In general, the import price, however, recorded a drastic downturn. Over the period under review, average import prices reached the maximum at $11,799 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($12,348 per ton), while the price for Germany ($1,953 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Wool, Not Carded or Combed in Malaysia
In 2022, shipments abroad of wool, not carded or combed was finally on the rise to reach 504 tons after two years of decline. Over the period under review, exports, however, continue to indicate a precipitous shrinkage.
In value terms, wool, not carded or combed exports skyrocketed to $1.5M in 2022. Overall, exports, however, saw a sharp downturn.
| Export of Wool, Not Carded or Combed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 579 | 427 | 225 | 534 | -2.7% |
| Italy | 817 | 476 | 198 | 392 | -21.7% |
| Lithuania | 490 | 54.0 | 110 | 218 | -23.7% |
| China | 455 | 5.3 | 79.8 | 158 | -29.7% |
| Germany | 280 | 28.3 | 58.4 | 116 | -25.5% |
| United Kingdom | 68.8 | 15.7 | 18.0 | 35.7 | -19.6% |
| Japan | 67.0 | 17.4 | 11.2 | 24.3 | -28.7% |
| India | 5,101 | 857 | 80.6 | 16.8 | -85.1% |
| Others | 2,027 | 400 | 23.1 | 46.7 | -71.5% |
| Total | 9,886 | 2,281 | 804 | 1,542 | -46.2% |
Top Export Markets for Wool, Not Carded or Combed from Malaysia in 2022:
- Taiwan (Chinese) (178.5 tons)
- Italy (110.5 tons)
- Lithuania (57.1 tons)
- China (49.1 tons)
- Germany (48.0 tons)
- Japan (17.1 tons)
- United Kingdom (15.9 tons)
- India (3.2 tons)
Imports of Wool, Not Carded or Combed in Malaysia
In 2022, purchases abroad of wool, not carded or combed was finally on the rise to reach 323 tons after two years of decline. Overall, imports, however, showed a dramatic descent.
In value terms, wool, not carded or combed imports skyrocketed to $1.6M in 2022. In general, imports, however, recorded a dramatic contraction.
| Import of Wool, Not Carded or Combed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 8,622 | 818 | 58.6 | 747 | -55.8% |
| Peru | 1,535 | 69.9 | 156 | 217 | -47.9% |
| South Africa | 624 | 364 | 100 | 141 | -39.1% |
| Germany | 719 | 254 | 99.2 | 138 | -42.3% |
| Russia | 223 | 141 | 42.4 | 64.7 | -33.8% |
| Italy | 194 | 126 | 38.7 | 60.4 | -32.2% |
| New Zealand | 199 | 54.1 | 39.8 | 55.3 | -34.7% |
| United Kingdom | 142 | 28.4 | 32.3 | 44.9 | -31.9% |
| Singapore | 272 | 121 | 19.5 | 27.1 | -53.6% |
| France | 75.7 | 65.1 | 17.7 | 24.6 | -31.2% |
| Falkland Islands (Malvinas) | 645 | N/A | N/A | N/A | 0% |
| Others | 1,399 | 522 | 69.1 | 99.4 | -58.6% |
| Total | 14,648 | 2,563 | 674 | 1,618 | -52.0% |
Top Suppliers of Wool, Not Carded or Combed to Malaysia in 2022:
- Australia (93.1 tons)
- Germany (70.5 tons)
- Peru (61.7 tons)
- Russia (22.5 tons)
- Italy (19.4 tons)
- Singapore (12.6 tons)
- New Zealand (10.1 tons)
- South Africa (9.5 tons)
- United Kingdom (8.3 tons)
- France (4.6 tons)
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