Price for Wool, Not Carded or Combed in Bangladesh - 2022
Contents:
- Price for Wool, Not Carded or Combed in Bangladesh (CIF) - 2022
- Price for Wool, Not Carded or Combed in Bangladesh (FOB) - 2022
- Imports of Wool, Not Carded or Combed in Bangladesh
- Exports of Wool, Not Carded or Combed in Bangladesh
Price for Wool, Not Carded or Combed in Bangladesh (CIF) - 2022
In 2022, the average import price for wool, not carded or combed amounted to $2,515 per ton, shrinking by -41.2% against the previous year. Over the period under review, the import price faced a abrupt setback. The pace of growth was the most pronounced in 2021 an increase of 38% against the previous year. The import price peaked at $9,195 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Hong Kong SAR ($63,763 per ton), while the price for India ($397 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+394.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wool, Not Carded or Combed in Bangladesh (FOB) - 2022
The average export price for wool, not carded or combed stood at $2,466 per ton in 2022, dropping by -38.6% against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 94% against the previous year. Over the period under review, the average export prices attained the maximum at $4,232 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 UK ($2,480 per ton), while the average price for exports to Ireland amounted to $286 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.7%).
Imports of Wool, Not Carded or Combed in Bangladesh
In 2022, overseas purchases of wool, not carded or combed were finally on the rise to reach 39 tons after two years of decline. In general, imports, however, recorded a precipitous contraction.
In value terms, wool, not carded or combed imports skyrocketed to $97K in 2022. Overall, imports, however, faced a precipitous contraction.
| Import of Wool, Not Carded or Combed in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 114 | 134 | 49.5 | 49.5 | -24.3% |
| New Zealand | 68.2 | 58.6 | 8.5 | 24.2 | -29.2% |
| United States | 6.5 | 21.6 | 12.2 | 17.6 | 39.4% |
| Thailand | 3.5 | 4.5 | 1.8 | 2.0 | -17.0% |
| India | 0.2 | 1.0 | 0.3 | 0.2 | 0.0% |
| Others | 42.2 | 13.6 | 4.1 | 3.6 | -56.0% |
| Total | 234 | 233 | 76.4 | 97.2 | -25.4% |
Top Suppliers of Wool, Not Carded or Combed to Bangladesh in 2022:
- New Zealand (23.6 tons)
- United States (12.2 tons)
- Thailand (0.9 tons)
- Hong Kong SAR (0.8 tons)
- India (0.6 tons)
Exports of Wool, Not Carded or Combed in Bangladesh
In 2022, after two years of decline, there was significant growth in overseas shipments of wool, not carded or combed, when their volume increased by 186% to 1.1 tons. Over the period under review, exports, however, continue to indicate a precipitous setback.
In value terms, wool, not carded or combed exports soared to $2.7K in 2022. Overall, exports, however, showed a sharp setback.
| Export of Wool, Not Carded or Combed in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.0 | 2.3 | 1.5 | 2.7 | -12.3% |
| Myanmar | 1.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.8 | 2.3 | 1.5 | 2.7 | -22.5% |
Top Export Markets for Wool, Not Carded or Combed from Bangladesh in 2022:
- United Kingdom (1090.0 kg)
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