Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Vietnam - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Vietnam (FOB) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Vietnam (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Vietnam
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Vietnam
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Vietnam (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $959 per ton, shrinking by -12.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 183%. As a result, the export price attained the peak level of $2,402 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -0.6% per year.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Vietnam (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $71,000 per ton, leveling off at the previous year. In general, the import price, however, showed significant growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 218%. The import price peaked at $71,235 per ton in 2021, and then contracted slightly in the following year.
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 Singapore ($354,000 per ton), while the price for China stood at $64,568 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+32.6%).
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Vietnam
In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) exported from Vietnam rose modestly to 28 tons, increasing by 1.9% against the previous year. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) fell to $27K in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. The smallest decline of -10.6% was in 2020.
Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 38.1 | 34.0 | 30.4 | 27.2 | -10.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 38.1 | 34.0 | 30.4 | 27.2 | -10.6% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Vietnam in 2022:
- India (28.3 tons)
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Vietnam
For the third year in a row, Vietnam recorded decline in supplies from abroad of wool; (not carded or combed), degreased, (not carbonised), (other than shorn), which decreased by -11.8% to 45 kg in 2022. In general, imports recorded a abrupt slump.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) dropped to $3.2K in 2022. Overall, imports faced a abrupt descent. The smallest decline of -12% was in 2021.
Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.3 | 3.7 | 3.3 | 2.8 | -13.3% |
Singapore | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.7 | 4.1 | 3.6 | 3.2 | -12.0% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Vietnam in 2022:
- China (44.0 kg)
- Singapore (1.0 kg)
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