Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Indonesia - 2022

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Indonesia (CIF) - 2022
  2. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Indonesia (FOB) - 2022
  3. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Indonesia
  4. Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Indonesia

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Indonesia (CIF) - 2022

The average import price for yarn of carded wool, not put up for retail sale stood at $12,854 per ton in March 2022, waning by -4.4% against the previous month. Over the period under review, the import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in May 2021 an increase of 209% against the previous month. Over the period under review, average import prices attained the maximum at $23,018 per ton in July 2021; however, from August 2021 to March 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($30,715 per ton), while the price for China ($11,117 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Indonesia (FOB) - 2022

In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $10,851 per ton, jumping by 21% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($14,723 per ton), while the average price for exports to the Philippines ($1,730 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 China (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Indonesia

In 2022, approx. 370 tons of yarn of carded wool, not put up for retail sale were imported into Indonesia; increasing by 71% against the previous year's figure. Over the period under review, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn of carded wool, not put up for retail sale surged to $2.1M in 2022. Overall, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0577411,0221,56213.9%
Hong Kong SAR8.21.316.6255214.5%
South Korea648553509212-31.1%
IndiaN/AN/A75.9N/A0%
Italy30571.6N/AN/A-76.5%
Others22.784.648.263.741.0%
Total2,0411,4511,6722,0920.8%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Indonesia in 2022:

  1. China (333.7 tons)
  2. Hong Kong SAR (18.0 tons)
  3. South Korea (12.8 tons)

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Indonesia

In 2022, overseas shipments of yarn of carded wool, not put up for retail sale decreased by -85.2% to 7.7 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a sharp decline. The growth pace was the most rapid in 2021 with an increase of 4.3% against the previous year. As a result, the exports attained the peak of 52 tons, and then shrank notably in the following year.

In value terms, exports of yarn of carded wool, not put up for retail sale fell significantly to $83K in 2022. Over the period under review, exports saw a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 1%. As a result, the exports reached the peak of $465K, and then fell rapidly in the following year.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia45246046478.7-44.2%
PhilippinesN/AN/AN/A3.50%
Timor-LesteN/A0.7N/A0.913.4%
Others6.10.11.30.5-56.6%
Total45946146583.5-43.3%

Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Indonesia in 2022:

  1. Australia (5.3 tons)
  2. Philippines (2.0 tons)
  3. Timor-Leste (0.2 tons)

Source: IndexBox Market Intelligence Platform

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