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

Contents:

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

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

The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $3,132 per ton in 2022, reducing by -5.8% against the previous year. In general, the import price saw a abrupt downturn. The growth pace was the most rapid in 2016 when the average import price increased by 24%. The import price peaked at $8,083 per ton in 2012; however, from 2013 to 2022, 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 Argentina amounted to +0.1% per year.

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

In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $16,054 per ton, rising by 39% against the previous year. In general, the export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($20,620 per ton), while the average price for exports to the United Arab Emirates ($14,575 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 Sweden (+175.5%).

Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Bangladesh

In 2022, approx. 260 tons of wool; wool tops and other combed wool, other than in fragmentses were imported into Bangladesh; picking up by 167% compared with the previous year's figure. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses surged to $813K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (258.9 tons)

Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Bangladesh

In 2022, shipments abroad of wool; wool tops and other combed wool, other than in fragmentses was finally on the rise to reach 336 kg after two years of decline. In general, exports, however, continue to indicate a abrupt contraction.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses skyrocketed to $5.4K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United Arab Emirates (247.0 kg)
2. United Kingdom (79.0 kg)
3. Sweden (9.0 kg)

Source: IndexBox Market Intelligence Platform