Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Singapore - 2023
Contents:
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Singapore (FOB) - 2022
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Singapore (CIF) - 2022
- Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Singapore
- Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Singapore
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Singapore (FOB) - 2022
In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $9,985 per ton, stabilizing at the previous year. Overall, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 10%. As a result, the export price reached the peak level of $15,445 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($37,507 per ton), while the average price for exports to Sri Lanka ($717 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 Indonesia (+18.1%), while the prices for the other major destinations experienced a decline.
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Singapore (CIF) - 2022
The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $1,500 per ton in 2021, waning by -58.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 44%. The import price peaked at $8,353 per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Malaysia ($3,000 per ton), while the price for Thailand ($1,000 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (-8.3%), while the prices for the other major suppliers experienced a decline.
Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Singapore
In 2022, after two years of decline, there was decline in overseas shipments of wool; wool tops and other combed wool, other than in fragmentses, when their volume decreased by 0% to 1.3 tons. Over the period under review, exports continue to indicate a pronounced shrinkage. The smallest decline of 99.9% was in 2020.
In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses amounted to $12K in 2022. Overall, exports continue to indicate a strong expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Singapore (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,997 | N/A | N/A | 3,500 | 20.6% |
| Hong Kong SAR | 1,733 | N/A | N/A | 2,909 | 18.8% |
| Philippines | 663 | N/A | N/A | 2,513 | 55.9% |
| Brunei Darussalam | 307 | N/A | N/A | 541 | 20.8% |
| France | 362 | N/A | N/A | 336 | -2.5% |
| Belgium | 355 | N/A | N/A | 315 | -3.9% |
| Kuwait | 57.0 | N/A | N/A | 176 | 45.6% |
| Sri Lanka | 1,048 | N/A | N/A | 119 | -51.6% |
| Indonesia | 225 | N/A | N/A | 74.0 | -31.0% |
| Portugal | 310 | N/A | N/A | N/A | 0% |
| Others | 1,216 | N/A | N/A | 2,008 | 18.2% |
| Total | 8,273 | N/A | N/A | 12,491 | 14.7% |
Top Export Markets for Wool; Wool Tops and Other Combed Wool, Other than in Fragments from Singapore in 2022:
- United Kingdom (368.0 kg)
- Hong Kong SAR (306.0 kg)
- Sri Lanka (166.0 kg)
- Philippines (67.0 kg)
- Kuwait (65.0 kg)
- Brunei Darussalam (60.0 kg)
- France (57.0 kg)
- Belgium (34.0 kg)
- Indonesia (7.0 kg)
Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Singapore
In 2021, the amount of wool; wool tops and other combed wool, other than in fragmentses imported into Singapore fell rapidly to 6 kg, with a decrease of 99.9% compared with the year before. In general, imports showed a sharp reduction.
In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses contracted rapidly to $9 in 2021. Over the period under review, imports continue to indicate a dramatic curtailment.
| Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Singapore (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| Thailand | N/A | N/A | 0% |
| Malaysia | 70.0 | N/A | 0% |
| United Kingdom | 160 | N/A | 0% |
| India | N/A | N/A | 0% |
| Indonesia | N/A | N/A | 0% |
| Others | 6.9 | N/A | 0% |
| Total | 237 | N/A | 0% |
Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to Singapore in 2022:
- United Kingdom (2.0 kg)
- Malaysia (1.0 kg)
- Indonesia (1.0 kg)
- India (1.0 kg)
- Thailand (1.0 kg)
287
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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 Singapore.
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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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