Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Malaysia - 2023

Contents:

1. Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Malaysia (FOB) - 2022
2. Exports of Wool; Wool Tops and Other Combed Wool, in Fragments in Malaysia

Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Malaysia (FOB) - 2022

In 2022, the average export price for wool; wool tops and other combed wool, in fragmentses amounted to $8,956 per ton, waning by -10.7% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 57%. As a result, the export price reached the peak level of $18,558 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($16,455 per ton), while the average price for exports to France ($5,060 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third consecutive year, Malaysia recorded decline in overseas shipments of wool; wool tops and other combed wool, in fragmentses, which decreased by -54.5% to 1.5 tons in 2022. In general, exports recorded a sharp shrinkage.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses shrank significantly to $13K in 2022. Over the period under review, exports continue to indicate a dramatic descent.

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

1. United Kingdom (681.0 kg)
2. France (434.0 kg)
3. Germany (282.0 kg)
4. New Zealand (55.0 kg)
5. Czech Republic (10.0 kg)

Source: IndexBox Market Intelligence Platform