Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Singapore - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Singapore (FOB) - 2022
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Singapore (CIF) - 2022
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Singapore
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Singapore
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Singapore (FOB) - 2022
The average export price for yarn of combed wool, not put up for retail sale stood at $22,166 per ton in 2022, increasing by 45% against the previous year. Overall, the export price posted a measured expansion. The most prominent rate of growth was recorded in 2013 an increase of 48% against the previous year. As a result, the export price reached the peak level of $23,773 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
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 Hong Kong SAR ($94,938 per ton), while the average price for exports to New Zealand ($15,728 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 Hong Kong SAR (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Singapore (CIF) - 2022
In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $15,602 per ton, with an increase of 12% against the previous year. Over the period under review, the import price, however, saw a mild descent. The most prominent rate of growth was recorded in 2013 an increase of 33%. As a result, import price reached the peak level of $24,050 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 Italy ($119,389 per ton), while the price for Germany ($862 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Singapore
In 2022, shipments abroad of yarn of combed wool, not put up for retail sale decreased by -24.7% to 9 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a abrupt setback.
In value terms, exports of yarn of combed wool, not put up for retail sale expanded notably to $198K in 2022. Overall, exports, however, showed a tangible expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 149 | N/A | 141 | 98.4 | -12.9% |
| Hong Kong SAR | 0.6 | N/A | 4.6 | 40.0 | 305.5% |
| China | 14.5 | N/A | 19.2 | 23.6 | 17.6% |
| Indonesia | 1.3 | N/A | 0.5 | 18.2 | 141.0% |
| New Zealand | 9.5 | N/A | 12.5 | 15.4 | 17.5% |
| Others | 2.2 | N/A | 3.4 | 3.0 | 10.9% |
| Total | 177 | N/A | 181 | 198 | 3.8% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Singapore in 2022:
- Pakistan (5.4 tons)
- China (1.3 tons)
- New Zealand (1.0 tons)
- Indonesia (0.7 tons)
- Hong Kong SAR (0.4 tons)
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Singapore
In 2022, overseas purchases of yarn of combed wool, not put up for retail sale decreased by -24.4% to 9.1 tons, falling for the second year in a row after two years of growth. In general, imports showed a precipitous descent. The pace of growth appeared the most rapid in 2020 when imports increased by 55% against the previous year. As a result, imports attained the peak of 29 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of yarn of combed wool, not put up for retail sale contracted markedly to $141K in 2022. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 72%. As a result, imports attained the peak of $404K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 155 | 333 | 114 | 81.6 | -19.3% |
| China | 2.6 | 7.2 | 2.4 | 22.1 | 104.1% |
| United Kingdom | 10.6 | 17.0 | 16.5 | 11.5 | 2.8% |
| Italy | 32.4 | 26.1 | 18.1 | 11.3 | -29.6% |
| New Zealand | 2.4 | 2.4 | 6.1 | 6.3 | 37.9% |
| Germany | 3.1 | 2.6 | 1.9 | 1.6 | -19.8% |
| Taiwan (Chinese) | 17.0 | 1.7 | N/A | N/A | -90.0% |
| Others | 11.8 | 13.6 | 8.1 | 6.9 | -16.4% |
| Total | 235 | 404 | 167 | 141 | -15.7% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Singapore in 2022:
- India (5.3 tons)
- Germany (1.9 tons)
- China (1.0 tons)
- New Zealand (0.5 tons)
- United Kingdom (0.2 tons)
- Italy (0.1 tons)
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