Wool; Carded Price in Indonesia - 2022
Contents:
Wool; Carded Price in Indonesia (CIF) - 2022
In 2022, the average wool; carded import price amounted to $24,794 per ton, growing by 4.4% against the previous year. Over the period under review, the import price showed a measured expansion. The pace of growth appeared the most rapid in 2017 an increase of 46% against the previous year. The import price peaked at $27,720 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($46,127 per ton), while the price for the UK ($1,639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.2%), while the prices for the other major suppliers experienced a decline.
Wool; Carded Imports in Indonesia
In 2022, overseas purchases of wool; carded were finally on the rise to reach 2.6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt shrinkage.
In value terms, wool; carded imports skyrocketed to $64K in 2022. In general, imports, however, faced a deep slump.
| Import of Wool; Carded in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 60.8 | 48.7 | 35.2 | 38.2 | -14.4% |
| China | 13.9 | 11.9 | 9.1 | 10.6 | -8.6% |
| Japan | 7.5 | 7.0 | 5.9 | 7.5 | 0.0% |
| Italy | N/A | N/A | N/A | 3.5 | 0% |
| Taiwan (Chinese) | 34.7 | 9.6 | 0.8 | 0.8 | -71.5% |
| United Kingdom | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.1 | 0.1 | 0.1 | 3.6 | 230.2% |
| Total | 117 | 77.4 | 51.2 | 64.3 | -18.1% |
Top Suppliers of Wool; Carded to Indonesia in 2022:
- South Korea (1341.0 kg)
- Japan (381.0 kg)
- China (229.0 kg)
- Italy (219.0 kg)
- Taiwan (Chinese) (162.0 kg)
- United Kingdom (36.0 kg)
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