Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Malaysia - 2024
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Malaysia (FOB) - 2024
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Malaysia (CIF) - 2022
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Malaysia
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Malaysia
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Malaysia (FOB) - 2024
In January 2024, the average export price for yarn of combed wool, not put up for retail sale amounted to $24,820 per ton, rising by 36% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The export price peaked at $26,935 per ton in April 2023; however, from May 2023 to January 2024, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Japan.
From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to +30.0% per month.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Malaysia (CIF) - 2022
The average import price for yarn of combed wool, not put up for retail sale stood at $5,017 per ton in 2022, with a decrease of -20.3% against the previous year. Over the period under review, the import price recorded a abrupt decline. The growth pace was the most rapid in 2014 an increase of 16% against the previous year. The import price peaked at $11,950 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($11,557 per ton), while the price for India ($3,930 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.4%), while the prices for the other major suppliers experienced a decline.
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Malaysia
In 2022, approx. 83 tons of yarn of combed wool, not put up for retail sale were exported from Malaysia; dropping by -14.9% compared with 2021. Overall, exports saw a dramatic downturn.
In value terms, exports of yarn of combed wool, not put up for retail sale totaled $2M in 2022. In general, exports continue to indicate a precipitous curtailment.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.2 | 2.3 | 2.0 | 1.8 | -24.6% |
| China | 0.6 | 0.3 | N/A | 0.1 | -45.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.9 | 2.6 | 2.0 | 2.0 | -25.8% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Malaysia in 2022:
- Japan (76.7 tons)
- China (5.6 tons)
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Malaysia
For the third consecutive year, Malaysia recorded decline in overseas purchases of yarn of combed wool, not put up for retail sale, which decreased by -15.4% to 72 tons in 2022. In general, imports continue to indicate a precipitous decline.
In value terms, imports of yarn of combed wool, not put up for retail sale reduced sharply to $359K in 2022. Overall, imports continue to indicate a sharp curtailment. The smallest decline of -20% was in 2021.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 440 | 308 | 208 | 228 | -19.7% |
| New Zealand | 15.9 | 80.5 | 61.5 | 63.8 | 58.9% |
| Japan | 469 | 121 | 20.0 | 26.9 | -61.4% |
| China | 25.6 | 89.4 | 218 | 12.6 | -21.0% |
| Others | 99.3 | 66.9 | 24.4 | 27.1 | -35.1% |
| Total | 1,050 | 665 | 532 | 359 | -30.1% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Malaysia in 2022:
- India (58.1 tons)
- New Zealand (6.4 tons)
- Japan (3.9 tons)
- China (1.1 tons)
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