Price for Wool, Not Carded or Combed in Thailand - 2023
Contents:
- Price for Wool, Not Carded or Combed in Thailand (CIF) - 2023
- Price for Wool, Not Carded or Combed in Thailand (FOB) - 2022
- Imports of Wool, Not Carded or Combed in Thailand
- Exports of Wool, Not Carded or Combed in Thailand
Price for Wool, Not Carded or Combed in Thailand (CIF) - 2023
In September 2023, the average import price for wool, not carded or combed amounted to $7,960 per ton, with an increase of 55% against the previous month. Over the period under review, import price indicated a mild expansion from September 2022 to September 2023: its price increased at an average monthly rate of +1.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, wool, not carded or combed import price decreased by -41.2% against April 2023 indices. Over the period under review, average import prices attained the maximum at $13,528 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($10,594 per ton), while the price for the UK totaled $2,201 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wool, Not Carded or Combed in Thailand (FOB) - 2022
The average export price for wool, not carded or combed stood at $1,000 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price recorded a precipitous descent. The pace of growth appeared the most rapid in 2019 an increase of 2,141% against the previous year. As a result, the export price reached the peak level of $37,357 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to 0.0% per year.
Imports of Wool, Not Carded or Combed in Thailand
In 2022, imports of wool, not carded or combed into Thailand skyrocketed to 3.3K tons, increasing by 33% on the previous year. Over the period under review, imports, however, showed a precipitous setback.
In value terms, wool, not carded or combed imports soared to $29M in 2022. In general, imports, however, recorded a perceptible setback.
Import of Wool, Not Carded or Combed in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 25.9 | 13.1 | 15.9 | 27.1 | 1.5% |
United Kingdom | 1.8 | 1.4 | 1.3 | 1.6 | -3.9% |
New Zealand | 2.9 | 0.7 | 1.2 | 0.6 | -40.9% |
Uruguay | 1.6 | 0.4 | 0.8 | N/A | -29.3% |
Others | N/A | 0.1 | 0.7 | N/A | 600.0% |
Total | 32.2 | 15.8 | 19.8 | 29.2 | -3.2% |
Top Suppliers of Wool, Not Carded or Combed to Thailand in 2022:
- Australia (2427.7 tons)
- United Kingdom (726.3 tons)
- New Zealand (177.8 tons)
Exports of Wool, Not Carded or Combed in Thailand
In 2022, after two years of decline, there was decline in overseas shipments of wool, not carded or combed, when their volume decreased by 0% to 1 kg. Over the period under review, exports recorded a significant decline. The smallest decline of 99.9% was in 2020.
In value terms, wool, not carded or combed exports stood at $1 in 2022. In general, exports faced a sharp setback. The smallest decline of 99.9% was in 2020.
Export of Wool, Not Carded or Combed in Thailand (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | N/A | 1.0 | 0% |
Hong Kong SAR | 15.0 | N/A | N/A | N/A | 0% |
China | 8.0 | N/A | N/A | N/A | 0% |
Myanmar | 60.0 | N/A | N/A | N/A | 0% |
Netherlands | 963 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,046 | N/A | N/A | 1.0 | -90.1% |
Top Export Markets for Wool, Not Carded or Combed from Thailand in 2022:
- Spain (1.0 kg)
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