Price for Wool; (Not Carded or Combed), Carbonised in Bangladesh - 2022

Contents:

  1. Price for Wool; (Not Carded or Combed), Carbonised in Bangladesh (CIF) - 2022
  2. Price for Wool; (Not Carded or Combed), Carbonised in Bangladesh (FOB) - 2022
  3. Imports of Wool; (Not Carded or Combed), Carbonised in Bangladesh
  4. Exports of Wool; (Not Carded or Combed), Carbonised in Bangladesh

Price for Wool; (Not Carded or Combed), Carbonised in Bangladesh (CIF) - 2022

The average import price for wool; (not carded or combed), carbonised stood at $7,393 per ton in 2022, surging by 42% against the previous year. Over the period under review, the import price, however, showed a slight slump. The most prominent rate of growth was recorded in 2017 an increase of 116%. As a result, import price reached the peak level of $20,380 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +1.5% per year.

Price for Wool; (Not Carded or Combed), Carbonised in Bangladesh (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), carbonised amounted to $36,378 per ton, increasing by 5.2% against the previous year. Over the period under review, export price indicated significant growth from 2019 to 2022: its price increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wool; (not carded or combed), carbonised increased by +79.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 35%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2019 to 2022, the rate of growth in terms of prices for the UK amounted to +21.4% per year.

Imports of Wool; (Not Carded or Combed), Carbonised in Bangladesh

In 2022, purchases abroad of wool; (not carded or combed), carbonised decreased by -78.1% to 2.1 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 334% against the previous year. As a result, imports attained the peak of 44 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of wool; (not carded or combed), carbonised shrank dramatically to $15K in 2022. In general, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 72%. As a result, imports reached the peak of $159K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Wool; (Not Carded or Combed), Carbonised in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China92.58.349.315.3-45.1%
United StatesN/A151N/AN/A0%
OthersN/AN/AN/AN/A0%
Total92.515949.315.3-45.1%

Top Suppliers of Wool; (Not Carded or Combed), Carbonised to Bangladesh in 2022:

  1. China (2.1 tons)

Exports of Wool; (Not Carded or Combed), Carbonised in Bangladesh

In 2022, overseas shipments of wool; (not carded or combed), carbonised increased by 68% to 74 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a sharp descent.

In value terms, exports of wool; (not carded or combed), carbonised soared to $2.7K in 2022. Overall, exports, however, faced a significant contraction.

Export of Wool; (Not Carded or Combed), Carbonised in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom27.22.31.52.7-53.7%
OthersN/AN/AN/AN/A0%
Total27.22.31.52.7-53.7%

Top Export Markets for Wool; (Not Carded or Combed), Carbonised from Bangladesh in 2022:

  1. United Kingdom (74.0 kg)

Source: IndexBox Market Intelligence Platform

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