Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Japan - 2024

Contents:

1. Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Japan (FOB) - 2022
2. Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Japan (CIF) - 2022
3. Exports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Japan
4. Imports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Japan

Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Japan (FOB) - 2022

In 2022, the average export price for wool, or fine or coarse animal hair; garnetted stock amounted to $14,448 per ton, remaining stable against the previous year. Over the period under review, the export price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 an increase of 371%. As a result, the export price attained the peak level of $56,981 per ton. From 2018 to 2022, the average 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 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +12.8% per year.

Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Japan (CIF) - 2022

The average import price for wool, or fine or coarse animal hair; garnetted stock stood at $8,488 per ton in 2022, declining by -29.2% against the previous year. Over the period under review, the import price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2019 an increase of 358% against the previous year. As a result, import price reached the peak level of $53,677 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +100.0% per year.

Exports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Japan

In 2022, approx. 3.6 tons of wool, or fine or coarse animal hair; garnetted stock were exported from Japan; therefore, remained relatively stable against 2021. In general, exports recorded a slight downturn. The smallest decline of 99.9% was in 2021.

In value terms, exports of wool, or fine or coarse animal hair; garnetted stock totaled $52K in 2022. Over the period under review, exports saw a precipitous decline. The smallest decline of 99.9% was in 2021.

Top Export Markets for Wool, or Fine or Coarse Animal Hair; Garnetted Stock from Japan in 2022:

1. South Korea (3.6 tons)

Imports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Japan

In 2022, imports of wool, or fine or coarse animal hair; garnetted stock into Japan skyrocketed to 6 tons, growing by 102% against the previous year's figure. In general, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 335% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of wool, or fine or coarse animal hair; garnetted stock skyrocketed to $51K in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Wool, or Fine or Coarse Animal Hair; Garnetted Stock to Japan in 2022:

1. China (6.0 tons)

Source: IndexBox Market Intelligence Platform