Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in China - 2024
Contents:
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in China (FOB) - 2024
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in China (CIF) - 2024
- Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in China
- Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in China
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in China (FOB) - 2024
The average export price for wool; wool tops and other combed wool, other than in fragmentses stood at $11,382 per ton in May 2024, shrinking by -1.7% against the previous month. Overall, the export price saw a slight decrease. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 2.4% month-to-month. Over the period under review, the average export prices attained the peak figure at $13,225 per ton in May 2023; however, from June 2023 to May 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In May 2024, the country with the highest price was Mexico ($18,793 per ton), while the average price for exports to Bulgaria ($8,239 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in China (CIF) - 2024
The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $11,980 per ton in May 2024, increasing by 92% against the previous month. Overall, the import price enjoyed a slight increase. The import price peaked at $14,757 per ton in June 2023; however, from July 2023 to May 2024, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In May 2024, the country with the highest price was Argentina ($12,147 per ton), while the price for Uruguay stood at $11,712 per ton.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Uruguay (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in China
In 2022, the amount of wool; wool tops and other combed wool, other than in fragmentses exported from China skyrocketed to 34K tons, growing by 46% on 2021. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses skyrocketed to $472M in 2022. In general, exports, however, saw a relatively flat trend pattern.
| Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 130 | 58.3 | 71.1 | 114 | -4.3% |
| Germany | 54.6 | 43.2 | 53.9 | 85.4 | 16.1% |
| Japan | 82.8 | 46.3 | 31.3 | 46.6 | -17.4% |
| South Korea | 51.3 | 33.1 | 41.0 | 45.4 | -4.0% |
| Vietnam | 9.3 | 20.9 | 29.2 | 44.4 | 68.4% |
| Turkey | 29.0 | 15.3 | 18.6 | 31.3 | 2.6% |
| Mexico | 17.9 | 3.0 | 7.9 | 18.0 | 0.2% |
| India | 12.2 | 5.1 | 9.0 | 17.6 | 13.0% |
| Taiwan (Chinese) | 15.4 | 15.2 | 16.9 | 11.7 | -8.8% |
| Thailand | 6.0 | 1.8 | 6.5 | 11.7 | 24.9% |
| Poland | 13.2 | 10.2 | 5.9 | 6.4 | -21.4% |
| Bulgaria | 22.2 | 14.3 | 9.5 | 6.1 | -35.0% |
| Others | 36.0 | 26.0 | 17.8 | 32.9 | -3.0% |
| Total | 480 | 293 | 318 | 472 | -0.6% |
Top Export Markets for Wool; Wool Tops and Other Combed Wool, Other than in Fragments from China in 2022:
- Italy (6.8K tons)
- Germany (6.1K tons)
- Japan (3.7K tons)
- South Korea (3.5K tons)
- Turkey (2.9K tons)
- Vietnam (2.7K tons)
- Taiwan (Chinese) (1.3K tons)
- India (1.3K tons)
- Mexico (1.0K tons)
- Thailand (0.7K tons)
- Poland (0.5K tons)
- Bulgaria (0.5K tons)
Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in China
In 2022, imports of wool; wool tops and other combed wool, other than in fragmentses into China contracted markedly to 1K tons, with a decrease of -15.5% compared with the previous year. Overall, imports continue to indicate a sharp setback.
In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses shrank slightly to $11M in 2022. In general, imports showed a precipitous decrease.
| Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 13.9 | 5.2 | 4.1 | 4.0 | -34.0% |
| Uruguay | 39.2 | 10.0 | 2.3 | 3.5 | -55.3% |
| Malaysia | 0.8 | N/A | 0.1 | 0.7 | -4.4% |
| Egypt | 4.5 | 0.8 | 0.1 | 0.4 | -55.4% |
| Taiwan (Chinese) | 0.3 | 0.1 | 0.2 | 0.3 | 0.0% |
| India | 8.3 | N/A | N/A | 0.3 | -66.9% |
| Kazakhstan | N/A | N/A | N/A | 0.1 | 0% |
| Hungary | 0.1 | 0.9 | 0.4 | N/A | 100.0% |
| Bolivia | 6.3 | 1.0 | 1.6 | N/A | -49.6% |
| Brazil | 1.7 | N/A | N/A | N/A | 0% |
| Others | 3.7 | 1.7 | 2.2 | 1.3 | -29.4% |
| Total | 78.8 | 19.8 | 11.0 | 10.6 | -48.8% |
Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to China in 2022:
- Uruguay (292.2 tons)
- Argentina (282.9 tons)
- Malaysia (204.8 tons)
- India (62.3 tons)
- Egypt (35.0 tons)
- Taiwan (Chinese) (27.9 tons)
- Kazakhstan (14.4 tons)
- Brazil (2.3 tons)
646
This report provides an in-depth analysis of the combed wool market in China.
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Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
646
This report provides an in-depth analysis of the combed wool market in China.
576
Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
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