Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Indonesia - 2022

Contents:

1. Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Indonesia (CIF) - 2022
2. Imports of Wool; Wool Tops and Other Combed Wool, in Fragments in Indonesia

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

In 2022, the average import price for wool; wool tops and other combed wool, in fragmentses amounted to $32,333 per ton, standing approx. at the previous year. Over the period under review, the import price posted a remarkable increase. The pace of growth was the most pronounced in 2018 an increase of 86%. As a result, import price reached the peak level of $32,638 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($167,000 per ton), while the price for China ($22,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third consecutive year, Indonesia recorded decline in overseas purchases of wool; wool tops and other combed wool, in fragmentses, which decreased by -21.1% to 30 kg in 2022. Overall, imports saw a sharp decline.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses declined rapidly to $970 in 2022. In general, imports faced a significant contraction.

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

1. China (26.0 kg)
2. Japan (2.0 kg)
3. Singapore (2.0 kg)

Source: IndexBox Market Intelligence Platform