Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Japan - 2023

Contents:

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

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Japan (CIF) - 2022

In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $3,592 per ton, picking up by 2% against the previous year. Overall, the import price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 17% against the previous year. The import price peaked at $5,021 per ton in 2016; however, from 2017 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 South Africa ($11,955 per ton), while the price for Pakistan ($857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Japan (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $6,021 per ton, with an increase of 13% against the previous year. Over the period under review, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2013 an increase of 14%. As a result, the export price attained the peak level of $9,008 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($7,547 per ton), while the average price for exports to South Korea ($1,220 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+5.3%), while the prices for the other major destinations experienced a decline.

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Japan

In 2022, approx. 11 tons of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) were imported into Japan; jumping by 117% compared with the previous year. Overall, imports, however, continue to indicate a abrupt setback.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) surged to $39K in 2022. Over the period under review, imports, however, saw a deep downturn.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom10.240.50.525.335.4%
South Africa30.051.68.96.1-41.2%
China7.515.03.02.4-31.6%
New Zealand6.77.30.61.7-36.7%
France5.410.62.01.3-37.8%
Pakistan3.26.41.31.0-32.1%
Belgium1.82.60.40.2-51.9%
Others2.95.60.70.5-44.3%
Total67.814017.438.6-17.1%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Japan in 2022:

  1. United Kingdom (7.0 tons)
  2. Pakistan (1.2 tons)
  3. France (0.7 tons)
  4. South Africa (0.5 tons)
  5. China (0.5 tons)
  6. New Zealand (0.5 tons)
  7. Belgium (0.2 tons)

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Japan

Exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) from Japan surged to 470 kg in 2022, with an increase of 41% compared with 2021. Over the period under review, exports, however, continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 87% against the previous year. As a result, the exports reached the peak of 2.4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) surged to $2.8K in 2022. In general, exports, however, showed a sharp descent. The growth pace was the most rapid in 2020 when exports increased by 66% against the previous year. As a result, the exports reached the peak of $13K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar6.211.01.62.6-25.1%
South Korea1.01.20.10.1-53.6%
Hong Kong SAR0.30.4N/A0.1-30.7%
Others0.10.1N/A0.10.0%
Total7.612.61.82.8-28.3%

Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Japan in 2022:

  1. Myanmar (340.0 kg)
  2. South Korea (109.0 kg)
  3. Hong Kong SAR (15.0 kg)

Source: IndexBox Market Intelligence Platform

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