Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Indonesia - 2022

Contents:

  1. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Indonesia (CIF) - 2022
  2. Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Indonesia

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Indonesia (CIF) - 2022

In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $3,053 per ton, dropping by -8.2% against the previous year. In general, the import price saw a pronounced reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $6,535 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,868 per ton), while the price for Japan ($2,794 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+51.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Indonesia

In 2022, purchases abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn increased by 25% to 3.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a drastic downturn.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn expanded sharply to $11K in 2022. In general, imports, however, recorded a deep setback.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia6.86.55.15.8-5.2%
Japan5.45.24.14.7-4.5%
United States0.40.30.20.2-20.6%
Bosnia and Herzegovina2.6N/AN/AN/A0%
Others0.80.30.20.2-37.0%
Total16.012.39.510.9-12.0%

Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Indonesia in 2022:

  1. Australia (1793.0 kg)
  2. Japan (1677.0 kg)
  3. United States (50.0 kg)

Source: IndexBox Market Intelligence Platform

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