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

Contents:

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

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

In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $762 per ton, remaining constant against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2014 an increase of 50%. Over the period under review, average import prices hit record highs at $4,069 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.9% per year.

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

In 2022, overseas purchases of wool; (not carded or combed), greasy (including fleece-washed wool), shorn decreased by 0% to 108 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 1,621% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $83K in 2022. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 477% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.7N/AN/A82.6181.6%
RussiaN/A21.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.721.1N/A82.6181.6%

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

  1. Italy (108.3 tons)

Source: IndexBox Market Intelligence Platform

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