Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Singapore - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Singapore (CIF) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Singapore
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Singapore (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $2,053 per ton, leveling off at the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 43%. The import price peaked at $8,963 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +10.1% per year.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Singapore
In 2022, approx. 38 tons of wool; (not carded or combed), degreased, (not carbonised), shorn were imported into Singapore; which is down by -30% on 2021 figures. In general, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 351%. As a result, imports attained the peak of 54 tons, and then declined significantly in the following year.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn reduced dramatically to $77K in 2022. Over the period under review, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 215% against the previous year. As a result, imports attained the peak of $109K, and then dropped significantly in the following year.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 83.7 | 33.1 | 109 | 76.6 | -2.9% |
| Others | 0.7 | 1.6 | 0.1 | 0.8 | 4.6% |
| Total | 84.4 | 34.7 | 109 | 77.4 | -2.8% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Singapore in 2022:
- New Zealand (37.7 tons)
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