Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Japan - 2023

Contents:

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

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

In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $18,450 per ton, reducing by -6.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 20%. As a result, import price reached the peak level of $23,068 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($20,382 per ton), while the price for New Zealand totaled $17,849 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+1.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $4,196 per ton, jumping by 40% against the previous year. In general, the export price, however, recorded a sharp setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices attained the maximum at $145,727 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2014 to 2022, the rate of growth in terms of prices for Mauritius amounted to 0.0% per year.

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

Imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn into Japan skyrocketed to 1.8 tons in 2022, increasing by 33% compared with 2021 figures. Overall, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn surged to $33K in 2022. In general, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 25%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand24.421.126.424.2-0.3%
United Kingdom4.7N/AN/A8.622.3%
OthersN/AN/AN/AN/A0%
Total29.121.126.432.84.1%

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

  1. New Zealand (1357.0 kg)
  2. United Kingdom (422.0 kg)

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

In 2022, approx. 51 kg of wool; (not carded or combed), greasy (including fleece-washed wool), shorn were exported from Japan; rising by 1,600% on the previous year. Over the period under review, exports, however, continue to indicate a dramatic decrease.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn surged to $214 in 2022. Overall, exports, however, faced a dramatic setback.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Japan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
South KoreaN/AN/A0.20%
Philippines2.1N/AN/A0%
OthersN/AN/AN/A0%
Total2.1N/A0.2-69.1%

Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Japan in 2022:

  1. South Korea (51.0 kg)

Source: IndexBox Market Intelligence Platform

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