Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Malaysia - 2024

Contents:

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

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

In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $17,140 per ton, increasing by 3.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the peak figure at $20,984 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($21,045 per ton), while the price for Uruguay ($6,420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.5%), 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 Malaysia (FOB) - 2022

In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $5,327 per ton, jumping by 26% against the previous year. Over the period under review, the export price, however, saw a deep slump. The export price peaked at $12,144 per ton in 2013; however, from 2014 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 China.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.7% per year.

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

In 2022, approx. 147 tons of wool; wool tops and other combed wool, other than in fragmentses were imported into Malaysia; rising by 30% compared with 2021 figures. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses surged to $2.5M in 2022. In general, imports, however, showed a abrupt contraction.

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

1. China (110.4 tons)
2. Japan (27.8 tons)
3. Taiwan (Chinese) (5.0 tons)
4. Uruguay (3.1 tons)

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

After two years of decline, overseas shipments of wool; wool tops and other combed wool, other than in fragmentses increased by 41% to 136 tons in 2022. In general, exports, however, continue to indicate a precipitous decrease.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses soared to $725K in 2022. Overall, exports, however, continue to indicate a sharp contraction.

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

1. China (136.1 tons)

Source: IndexBox Market Intelligence Platform