Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in India - 2024
Contents:
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in India (CIF) - 2024
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in India (FOB) - 2024
- Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in India
- Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in India
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in India (CIF) - 2024
In April 2024, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $11,435 per ton, dropping by -20.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2024 an increase of 25% against the previous month. As a result, import price attained the peak level of $14,323 per ton, and then fell significantly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Peru ($26,245 per ton), while the price for the Czech Republic ($4,271 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Peru (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in India (FOB) - 2024
The average export price for wool; wool tops and other combed wool, other than in fragmentses stood at $4,612 per ton in April 2024, declining by -12% against the previous month. Overall, the export price continues to indicate a noticeable contraction. The growth pace was the most rapid in October 2023 when the average export price increased by 57% m-o-m. Over the period under review, the average export prices hit record highs at $7,137 per ton in April 2023; however, from May 2023 to April 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($64,954 per ton), while the average price for exports to Lithuania ($3,474 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+14.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in India
In 2022, imports of wool; wool tops and other combed wool, other than in fragmentses into India surged to 1.5K tons, increasing by 66% compared with the previous year. In general, imports posted a buoyant increase. 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 $22M in 2022. Over the period under review, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.4 | 5.2 | 8.5 | 18.5 | 14.3% |
| South Africa | 0.7 | 0.7 | 0.8 | 0.7 | 0.0% |
| Uruguay | 1.7 | 0.7 | 0.7 | 0.6 | -29.3% |
| Czech Republic | 0.7 | 1.3 | 1.0 | 0.5 | -10.6% |
| Taiwan (Chinese) | 0.6 | N/A | N/A | 0.4 | -12.6% |
| Others | 1.0 | 0.5 | 0.6 | 0.8 | -7.2% |
| Total | 17.0 | 8.3 | 11.6 | 21.6 | 8.3% |
Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to India in 2022:
- China (1256.8 tons)
- Uruguay (86.7 tons)
- Czech Republic (78.0 tons)
- Taiwan (Chinese) (31.2 tons)
- South Africa (24.0 tons)
Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in India
In 2022, approx. 1.5K tons of wool; wool tops and other combed wool, other than in fragmentses were exported from India; growing by 9.9% against the previous year. Overall, exports, however, recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 24%.
In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses rose significantly to $7.9M in 2022. Over the period under review, exports, however, showed a dramatic decrease.
| Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.3 | 3.0 | 4.9 | 5.2 | -6.2% |
| Turkey | 0.1 | 0.1 | 0.3 | 0.6 | 81.7% |
| Lithuania | 0.9 | 0.3 | 0.3 | 0.4 | -23.7% |
| Germany | 0.9 | 0.2 | 0.1 | 0.4 | -23.7% |
| United Arab Emirates | N/A | 0.8 | 0.3 | 0.3 | -38.8% |
| United Kingdom | 1.6 | 0.3 | 0.2 | 0.2 | -50.0% |
| Romania | 0.1 | 0.1 | 0.5 | 0.1 | 0.0% |
| China | 7.0 | N/A | N/A | 0.1 | -75.7% |
| South Korea | 4.5 | 2.7 | 0.1 | 0.1 | -71.9% |
| Others | 2.6 | 1.6 | 0.6 | 0.5 | -42.3% |
| Total | 24.0 | 9.0 | 7.3 | 7.9 | -31.0% |
Top Export Markets for Wool; Wool Tops and Other Combed Wool, Other than in Fragments from India in 2022:
- Italy (1126.3 tons)
- Lithuania (91.4 tons)
- Turkey (61.1 tons)
- China (48.0 tons)
- Germany (41.2 tons)
- Romania (29.9 tons)
- United Kingdom (22.5 tons)
- United Arab Emirates (21.1 tons)
- South Korea (14.3 tons)
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This report provides an in-depth analysis of the combed wool market in India.
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Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
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This report provides an in-depth analysis of the combed wool market in India.
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Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
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