Wool; Carded Price in India - 2023

Contents:

1. Wool; Carded Price in India (FOB) - 2022
2. Wool; Carded Price in India (CIF) - 2022
3. Wool; Carded Exports in India
4. Wool; Carded Imports in India

Wool; Carded Price in India (FOB) - 2022

In 2022, the average wool; carded export price amounted to $5,299 per ton, flattening at the previous year. Overall, the export price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 764% against the previous year. As a result, the export price attained the peak level of $35,909 per ton. From 2015 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 the United States ($10,125 per ton), while the average price for exports to the UK totaled $5,288 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-3.8%).

Wool; Carded Price in India (CIF) - 2022

The average wool; carded import price stood at $24,574 per ton in 2022, standing approx. at the previous year. Overall, the import price showed buoyant growth. The growth pace was the most rapid in 2019 when the average import price increased by 742%. As a result, import price attained the peak level of $62,278 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($45,774 per ton), while the price for Australia ($14,249 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+38.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Wool; Carded Exports in India

In 2022, shipments abroad of wool; carded decreased by -41.9% to 46 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 40,292%.

In value terms, wool; carded exports contracted markedly to $245K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 14,705% against the previous year.

Top Export Markets for Wool; Carded from India in 2022:

1. United Kingdom (46.0 tons)

Wool; Carded Imports in India

In 2022, imports of wool; carded into India skyrocketed to 1.4 tons, with an increase of 729% against 2021 figures. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wool; carded imports surged to $34K in 2022. Overall, imports enjoyed a noticeable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Wool; Carded to India in 2022:

1. China (800.0 kg)
2. Australia (550.0 kg)
3. New Zealand (31.0 kg)

Source: IndexBox Market Intelligence Platform