Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Malaysia - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Malaysia (CIF) - 2022
- Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Malaysia
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Malaysia (CIF) - 2022
The average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $2,394 per ton in 2022, dropping by -33.9% against the previous year. Overall, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23%. The import price peaked at $10,963 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($6,281 per ton), while the price for the UK ($1,925 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+168.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Malaysia
For the third year in a row, Malaysia recorded decline in overseas purchases of wool; (not carded or combed), greasy (including fleece-washed wool), shorn, which decreased by -92.1% to 9.2 tons in 2022. Over the period under review, imports continue to indicate a dramatic slump. The smallest decline of -75.9% was in 2021.
In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn dropped significantly to $22K in 2022. Overall, imports continue to indicate a significant decline. The smallest decline of -77.3% was in 2021.
| Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 119 | 25.9 | 3.5 | 14.0 | -51.0% |
| Australia | 7,238 | 746 | 43.0 | 4.4 | -91.5% |
| France | 63.5 | 59.4 | 6.7 | 3.6 | -61.6% |
| Russia | 187 | 129 | 31.2 | N/A | -59.2% |
| Peru | 1,289 | 63.8 | 115 | N/A | -70.1% |
| Germany | 599 | 231 | 72.7 | N/A | -65.2% |
| Falkland Islands (Malvinas) | 541 | N/A | N/A | N/A | 0% |
| South Africa | 524 | 332 | 73.7 | N/A | -62.5% |
| Others | 659 | 279 | 77.8 | N/A | -65.6% |
| Total | 11,219 | 1,867 | 423 | 22.0 | -87.5% |
Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Malaysia in 2022:
- United Kingdom (7.3 tons)
- France (1.2 tons)
- Australia (0.7 tons)
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