Price for Wool, Not Carded or Combed in Singapore - 2022
Contents:
- Price for Wool, Not Carded or Combed in Singapore (FOB) - 2022
- Price for Wool, Not Carded or Combed in Singapore (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Singapore
- Imports of Wool, Not Carded or Combed in Singapore
Price for Wool, Not Carded or Combed in Singapore (FOB) - 2022
The average export price for wool, not carded or combed stood at $158,028 per ton in 2022, picking up by 2,158% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($1,382,000 per ton), while the average price for exports to Indonesia ($5,654 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 Japan (+73.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wool, Not Carded or Combed in Singapore (CIF) - 2022
The average import price for wool, not carded or combed stood at $121,846 per ton in 2022, rising by 6,003% against the previous year. Over the period under review, the import price showed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Nepal.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +15.2% per year.
Exports of Wool, Not Carded or Combed in Singapore
Wool, not carded or combed exports from Singapore soared to 36 kg in 2022, growing by 3,500% on the year before. Overall, exports, however, recorded a deep contraction.
In value terms, wool, not carded or combed exports soared to $5.7K in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wool, Not Carded or Combed in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 2.8 | 0% |
| Japan | N/A | N/A | N/A | 2.6 | 0% |
| India | N/A | N/A | N/A | 0.2 | 0% |
| Indonesia | N/A | N/A | N/A | 0.1 | 0% |
| Malaysia | 3.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.3 | N/A | N/A | 5.7 | 20.0% |
Top Export Markets for Wool, Not Carded or Combed from Singapore in 2022:
- Indonesia (26.0 kg)
- Japan (4.0 kg)
- India (4.0 kg)
- South Korea (2.0 kg)
Imports of Wool, Not Carded or Combed in Singapore
In 2022, the amount of wool, not carded or combed imported into Singapore shrank sharply to 13 kg, waning by 99.9% on the previous year's figure. Overall, imports recorded a significant curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 163%. As a result, imports attained the peak of 59 tons, and then fell significantly in the following year.
In value terms, wool, not carded or combed imports declined dramatically to $1.6K in 2022. Over the period under review, imports showed a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 181% against the previous year. As a result, imports attained the peak of $118K, and then fell dramatically in the following year.
| Import of Wool, Not Carded or Combed in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | N/A | N/A | N/A | 1.6 | 0% |
| New Zealand | 83.7 | 33.1 | 117 | N/A | 18.2% |
| Pakistan | N/A | 5.5 | N/A | N/A | 0% |
| Others | 5.6 | 3.4 | 0.3 | N/A | -76.9% |
| Total | 89.3 | 41.9 | 118 | 1.6 | -73.8% |
Top Suppliers of Wool, Not Carded or Combed to Singapore in 2022:
- Nepal (13.0 kg)
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