Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Nepal - 2022
Contents:
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Nepal (CIF) - 2022
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Nepal (FOB) - 2022
- Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Nepal
- Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Nepal
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Nepal (CIF) - 2022
The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $14,139 per ton in 2022, increasing by 26% against the previous year. In general, the import price showed a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 57% against the previous year. The import price peaked at $16,992 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($152,186 per ton), while the price for the UK ($9,188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Nepal (FOB) - 2022
In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $13,141 per ton, with an increase of 1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2019 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the maximum at $13,286 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($30,909 per ton), while the average price for exports to Australia ($2,580 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 Canada (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Nepal
In 2022, approx. 11 tons of wool; wool tops and other combed wool, other than in fragmentses were imported into Nepal; rising by 28% against 2021. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 50%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses surged to $160K in 2022. In general, imports showed a significant increase. 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 Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 56.2 | 78.1 | 59.8 | 128 | 31.6% |
| South Africa | 4.0 | 11.4 | 7.8 | 10.6 | 38.4% |
| Italy | 3.4 | 1.2 | 22.1 | 9.5 | 40.8% |
| China | 9.2 | 8.8 | 5.4 | 6.5 | -10.9% |
| Mongolia | 1.5 | 1.4 | 3.4 | 4.3 | 42.1% |
| Others | 4.7 | 0.8 | 0.4 | 0.6 | -49.6% |
| Total | 78.9 | 102 | 98.9 | 160 | 26.6% |
Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to Nepal in 2022:
- India (10.0 tons)
- South Africa (0.5 tons)
- Italy (0.4 tons)
- Mongolia (0.3 tons)
Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Nepal
In 2022, shipments abroad of wool; wool tops and other combed wool, other than in fragmentses decreased by -81.4% to 2.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year.
In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses shrank rapidly to $30K in 2022. In general, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of $161K, and then reduced notably in the following year.
| Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 19.5 | 20.7 | 40.6 | 11.6 | -15.9% |
| United States | 68.9 | 85.3 | 82.6 | 6.5 | -54.5% |
| Taiwan (Chinese) | 4.9 | 6.0 | 13.7 | 4.5 | -2.8% |
| Canada | 13.7 | 11.1 | 12.1 | 3.4 | -37.2% |
| United Kingdom | 0.4 | 0.7 | 5.3 | 1.5 | 55.4% |
| Australia | 1.5 | 1.2 | 1.8 | 0.3 | -41.5% |
| Others | 3.3 | 2.7 | 4.8 | 2.5 | -8.8% |
| Total | 112 | 128 | 161 | 30.4 | -35.3% |
Top Export Markets for Wool; Wool Tops and Other Combed Wool, Other than in Fragments from Nepal in 2022:
- Japan (848.0 kg)
- Taiwan (Chinese) (524.0 kg)
- Canada (354.0 kg)
- United States (287.0 kg)
- Australia (119.0 kg)
- United Kingdom (89.0 kg)
576
Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
576
Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
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