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

Contents:

  1. Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Kuwait (CIF) - 2022
  2. Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Kuwait

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

In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $12,138 per ton, leveling off at the previous year. Over the period under review, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 82% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($23,704 per ton), while the price for India ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of wool; wool tops and other combed wool, other than in fragmentses into Kuwait skyrocketed to 253 kg, with an increase of 85% against the previous year's figure. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 496% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses surged to $3.1K in 2022. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 678% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5021931,5852,56072.1%
TurkeyN/AN/AN/A2460%
ThailandN/AN/AN/A1060%
Singapore4.02.025.074.0164.5%
Malaysia8.02.030.074.0109.9%
Others1.014.01.011.0122.4%
Total5152111,6413,07181.3%

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

  1. Italy (108.0 kg)
  2. Turkey (58.0 kg)
  3. Singapore (42.0 kg)
  4. Thailand (25.0 kg)
  5. Malaysia (18.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Wool; wool tops and other combed wool, other than in fragments - Kuwait