Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Hong Kong SAR - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Hong Kong SAR (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Hong Kong SAR (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Hong Kong SAR
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Hong Kong SAR
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $19,277 per ton, which is down by -42.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 545%. As a result, import price reached the peak level of $39,610 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($98,429 per ton), while the price for Japan ($9,467 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 (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Hong Kong SAR (FOB) - 2022
The average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $167 per ton in 2022, shrinking by -96.3% against the previous year. Over the period under review, the export price continues to indicate a precipitous slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 605% against the previous year. Over the period under review, the average export prices hit record highs at $46,636 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($3,000 per ton), while the average price for exports to Seychelles amounted to $43 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (-2.8%).
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Hong Kong SAR
After two years of decline, overseas purchases of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) increased by 38% to 112 kg in 2022. In general, imports, however, recorded a sharp decrease.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) contracted significantly to $2.2K in 2022. Over the period under review, imports, however, saw a sharp descent. The smallest decline of -17.2% was in 2021.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.6 | 0.9 | 0.9 | 0.9 | -29.8% |
| United Kingdom | 3.2 | 0.6 | 0.7 | 0.7 | -39.7% |
| Italy | 5.4 | 1.4 | 1.1 | 0.6 | -51.9% |
| Turkey | 26.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 38.2 | 3.3 | 2.7 | 2.2 | -61.4% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Hong Kong SAR in 2022:
- Japan (92.0 kg)
- Italy (12.0 kg)
- United Kingdom (7.0 kg)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Hong Kong SAR
In 2022, overseas shipments of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) were finally on the rise to reach 24 kg after two years of decline. Over the period under review, exports, however, saw a dramatic shrinkage.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) declined sharply to $4 in 2022. Overall, exports, however, recorded a significant contraction.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Hong Kong SAR (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 3,719 | 495 | 9.0 | 3.0 | -90.7% |
| Seychelles | N/A | N/A | N/A | 1.0 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3,719 | 495 | 9.0 | 4.0 | -89.8% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Hong Kong SAR in 2022:
- Seychelles (23.0 kg)
- Sri Lanka (1.0 kg)
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