Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Sri Lanka - 2022

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Sri Lanka (CIF) - 2022
  2. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Sri Lanka

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Sri Lanka (CIF) - 2022

The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $6,049 per ton in 2022, growing by 102% against the previous year. Overall, the import price, however, continues to indicate a noticeable curtailment. The import price peaked at $8,509 per ton in 2012; however, from 2013 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 Italy ($6,259 per ton), while the price for India totaled $350 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-11.7%), while the prices for the other major suppliers experienced a decline.

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Sri Lanka

In 2022, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) into Sri Lanka fell notably to 977 kg, which is down by -60.2% against 2021. In general, imports continue to indicate a precipitous descent. The smallest decline of -16% was in 2020.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) declined significantly to $5.9K in 2022. Overall, imports showed a abrupt contraction. The smallest decline of -10.2% was in 2020.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.85.54.75.90.6%
China0.60.60.5N/A-8.7%
United Kingdom1.11.31.4N/A12.8%
India0.80.30.6N/A-13.4%
Others0.80.50.2N/A-50.0%
Total9.18.27.35.9-13.4%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Sri Lanka in 2022:

  1. Italy (936.0 kg)
  2. India (40.0 kg)

Source: IndexBox Market Intelligence Platform

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