Price for Wool, Not Carded or Combed in Myanmar - 2022
Contents:
- Price for Wool, Not Carded or Combed in Myanmar (CIF) - 2022
- Imports of Wool, Not Carded or Combed in Myanmar
Price for Wool, Not Carded or Combed in Myanmar (CIF) - 2022
In 2022, the average import price for wool, not carded or combed amounted to $3,699 per ton, approximately mirroring the previous year. Over the period under review, the import price recorded pronounced growth. The pace of growth appeared the most rapid in 2017 an increase of 120%. As a result, import price attained the peak level of $5,400 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
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 Thailand ($4,264 per ton), while the price for South Korea ($2,652 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wool, Not Carded or Combed in Myanmar
Wool, not carded or combed imports into Myanmar dropped notably to 8.1 tons in 2022, which is down by -58.5% compared with 2021. Overall, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1,340%.
In value terms, wool, not carded or combed imports dropped markedly to $30K in 2022. Over the period under review, imports faced a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 882%.
| Import of Wool, Not Carded or Combed in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 801 | 5.4 | 27.6 | 19.8 | -70.9% |
| Italy | 27.0 | 0.1 | 0.8 | 8.1 | -33.1% |
| Thailand | 19.0 | N/A | N/A | 2.0 | -52.8% |
| Japan | 136 | 0.9 | 6.8 | N/A | -77.6% |
| Taiwan (Chinese) | 48.6 | 0.7 | 34.2 | N/A | -16.1% |
| Bangladesh | 13.2 | N/A | N/A | N/A | 0% |
| Others | 19.2 | 0.1 | 2.7 | 0.1 | -82.7% |
| Total | 1,064 | 7.3 | 72.1 | 30.1 | -69.5% |
Top Suppliers of Wool, Not Carded or Combed to Myanmar in 2022:
- China (5.6 tons)
- Italy (2.0 tons)
- Thailand (0.5 tons)
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