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

Contents:

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

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

The average export price for wool; wool tops and other combed wool, in fragmentses stood at $1,165 per ton in 2022, surging by 17% against the previous year. Overall, the export price, however, saw a significant decrease. The growth pace was the most rapid in 2019 an increase of 84% against the previous year. The export price peaked at $42,301 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to -23.5% per year.

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

The average import price for wool; wool tops and other combed wool, in fragmentses stood at $19,222 per ton in 2022, remaining constant against the previous year. Overall, the import price saw a notable expansion. The pace of growth appeared the most rapid in 2019 an increase of 19%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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

From 2014 to 2022, the rate of growth in terms of prices for Poland amounted to +1.0% per year.

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

In 2022, the amount of wool; wool tops and other combed wool, in fragmentses exported from Singapore reduced to 790 kg, standing approx. at the year before. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 185% against the previous year. As a result, the exports reached the peak of 798 kg, and then reduced in the following year.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses soared to $920 in 2022. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year.

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

1. Indonesia (790.0 kg)

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

Imports of wool; wool tops and other combed wool, in fragmentses into Singapore totaled 9 kg in 2022, standing approx. at the previous year's figure. In general, imports saw a dramatic curtailment. The smallest decline of -15% was in 2020.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses totaled $173 in 2022. Overall, imports faced a sharp setback. The smallest decline of -17.9% was in 2020.

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

1. Italy (9.0 kg)

Source: IndexBox Market Intelligence Platform