Price for Wool; Wool Tops and Other Combed Wool, in Fragments in China - 2024

Contents:

  1. Price for Wool; Wool Tops and Other Combed Wool, in Fragments in China (FOB) - 2024
  2. Price for Wool; Wool Tops and Other Combed Wool, in Fragments in China (CIF) - 2022
  3. Exports of Wool; Wool Tops and Other Combed Wool, in Fragments in China
  4. Imports of Wool; Wool Tops and Other Combed Wool, in Fragments in China

Price for Wool; Wool Tops and Other Combed Wool, in Fragments in China (FOB) - 2024

The average export price for wool; wool tops and other combed wool, in fragmentses stood at $6,852 per ton in April 2024, dropping by -23.4% against the previous month. Over the period under review, the export price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in December 2023 an increase of 52% m-o-m. The export price peaked at $12,275 per ton in April 2023; however, from May 2023 to April 2024, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In April 2024, the country with the highest price was New Zealand ($7,954 per ton), while the average price for exports to Italy stood at $6,330 per ton.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-1.3%), while the prices for the other major destinations experienced a decline.

Price for Wool; Wool Tops and Other Combed Wool, in Fragments in China (CIF) - 2022

The average import price for wool; wool tops and other combed wool, in fragmentses stood at $6,226 per ton in 2020, reducing by -33.8% against the previous year. Over the period under review, the import price showed a dramatic shrinkage. The pace of growth was the most pronounced in 2014 an increase of 73%. As a result, import price attained the peak level of $197,000 per ton. From 2015 to 2020, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for Egypt amounted to 0.0% per year.

Exports of Wool; Wool Tops and Other Combed Wool, in Fragments in China

In 2022, exports of wool; wool tops and other combed wool, in fragmentses from China surged to 762 tons, picking up by 34% on 2021. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +106.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 54%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses surged to $11M in 2022. In general, exports continue to indicate strong growth. The growth pace was the most rapid in 2021 when exports increased by 70%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Wool; Wool Tops and Other Combed Wool, in Fragments in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3.21.73.18.035.7%
Turkey1.20.80.81.20.0%
Italy2.20.60.70.7-31.7%
New Zealand0.4N/A0.60.720.5%
Germany1.20.91.00.4-30.7%
Mauritius0.3N/A0.4N/A15.5%
Others0.1N/AN/AN/A0%
Total8.73.96.711.08.1%

Top Export Markets for Wool; Wool Tops and Other Combed Wool, in Fragments from China in 2022:

  1. United Kingdom (462.1 tons)
  2. Turkey (125.5 tons)
  3. Germany (74.3 tons)
  4. New Zealand (50.1 tons)
  5. Italy (48.1 tons)

Imports of Wool; Wool Tops and Other Combed Wool, in Fragments in China

Imports of wool; wool tops and other combed wool, in fragmentses into China soared to 1.1 tons in 2020, growing by 2,442% against 2019. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses skyrocketed to $7.1K in 2020. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wool; Wool Tops and Other Combed Wool, in Fragments in China (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
BoliviaN/A7.10%
Italy0.4N/A0%
OthersN/AN/A0%
Total0.47.11675.0%

Top Suppliers of Wool; Wool Tops and Other Combed Wool, in Fragments to China in 2022:

  1. Bolivia (1.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Wool; wool tops and other combed wool, in fragments - China