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

Contents:

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

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

In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $8,468 per ton, increasing by 22% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 56%. The import price peaked at $10,610 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +30.3% per year.

Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in New Zealand (FOB) - 2022

The average export price for wool; wool tops and other combed wool, other than in fragmentses stood at $11,392 per ton in 2022, dropping by -7% against the previous year. Overall, the export price saw a deep setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 130%. The export price peaked at $33,612 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to -10.4% per year.

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

In 2022, imports of wool; wool tops and other combed wool, other than in fragmentses into New Zealand shrank significantly to 111 tons, falling by -42.9% compared with 2021 figures. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 100%. As a result, imports attained the peak of 195 tons, and then fell markedly in the following year.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses plummeted to $944K in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 153%.

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

1. China (111.5 tons)

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

In 2022, overseas shipments of wool; wool tops and other combed wool, other than in fragmentses decreased by -8.5% to 2.9 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 4,317% against the previous year. As a result, the exports attained the peak of 3.1 tons, and then dropped in the following year.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses shrank to $33K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 8,613% against the previous year. As a result, the exports attained the peak of $38K, and then contracted in the following year.

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

1. Belgium (2.9 tons)

Source: IndexBox Market Intelligence Platform