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

Contents:

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

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

The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $10,913 per ton in 2022, declining by -3% against the previous year. Over the period under review, the import price, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 160%. As a result, import price reached the peak level of $11,245 per ton, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($11,129 per ton), while the price for India ($1,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of wool; wool tops and other combed wool, other than in fragmentses imported into Sri Lanka surged to 7.5 tons, with an increase of 603% compared with the previous year. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses soared to $82K in 2022. Overall, imports showed a significant expansion. As a result, imports reached 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.71.311.081.7388.7%
Singapore2.26.41.00.4-43.3%
Others0.50.1N/AN/A-80.0%
Total3.57.712.082.1186.3%

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

  1. China (7.3 tons)
  2. Singapore (0.2 tons)

Source: IndexBox Market Intelligence Platform

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