Price for Wool, Not Carded or Combed in Sri Lanka - 2021
Contents:
- Price for Wool, Not Carded or Combed in Sri Lanka (CIF) - 2022
- Price for Wool, Not Carded or Combed in Sri Lanka (FOB) - 2022
- Imports of Wool, Not Carded or Combed in Sri Lanka
- Exports of Wool, Not Carded or Combed in Sri Lanka
Price for Wool, Not Carded or Combed in Sri Lanka (CIF) - 2022
The average import price for wool, not carded or combed stood at $7,508 per ton in 2022, rising by 99% against the previous year. Overall, the import price saw a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the United Arab Emirates ($8,941 per ton), while the price for India ($1,167 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+50.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool, Not Carded or Combed in Sri Lanka (FOB) - 2022
The average export price for wool, not carded or combed stood at $1,225 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 10% against the previous year. Over the period under review, the average export prices reached the maximum at $2,335 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($8,500 per ton), while the average price for exports to the UK stood at $1,223 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+15.7%).
Imports of Wool, Not Carded or Combed in Sri Lanka
In 2022, overseas purchases of wool, not carded or combed decreased by -95.1% to 831 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. As a result, imports attained the peak of 17 tons, and then fell rapidly in the following year.
In value terms, wool, not carded or combed imports dropped significantly to $6.2K in 2022. Over the period under review, imports faced a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 136% against the previous year. As a result, imports reached the peak of $64K, and then dropped dramatically in the following year.
| Import of Wool, Not Carded or Combed in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.2 | 6.5 | 6.9 | 5.9 | -16.7% |
| United Arab Emirates | N/A | N/A | 0.1 | 0.2 | 100.0% |
| China | 0.8 | 1.6 | 6.9 | 0.2 | -37.0% |
| Hong Kong SAR | 1.3 | 1.4 | 2.2 | N/A | 30.1% |
| South Korea | 2.9 | 3.1 | 4.8 | N/A | 28.7% |
| Vietnam | 4.5 | 7.7 | 32.0 | N/A | 166.7% |
| India | 1.5 | 1.3 | 0.5 | N/A | -42.3% |
| Others | 3.1 | 5.8 | 10.9 | N/A | 87.5% |
| Total | 24.2 | 27.2 | 64.2 | 6.2 | -36.5% |
Top Suppliers of Wool, Not Carded or Combed to Sri Lanka in 2022:
- Italy (751.0 kg)
- China (50.0 kg)
- United Arab Emirates (17.0 kg)
- India (12.0 kg)
Exports of Wool, Not Carded or Combed in Sri Lanka
In 2022, exports of wool, not carded or combed from Sri Lanka amounted to 35 tons, approximately equating 2021 figures. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, wool, not carded or combed exports stood at $43K in 2022. In general, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Wool, Not Carded or Combed in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 42.8 | 42.9 | 42.9 | 42.9 | 0.1% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 43.0 | 43.0 | 43.0 | 43.0 | 0.0% |
Top Export Markets for Wool, Not Carded or Combed from Sri Lanka in 2022:
- United Kingdom (35.1 tons)
515
This report provides an in-depth analysis of the greasy wool market in Sri Lanka.
472
This report provides an in-depth analysis of the wool market in Sri Lanka.
304
This report provides an in-depth analysis of the market for electric shavers, hair-removing appliances and hair clippers in Sri Lanka.
1820
This report provides an in-depth analysis of the global greasy wool market.
3914
This report provides an in-depth analysis of the global wool market.
364
This report provides an in-depth analysis of the global market for electric shavers, hair-removing appliances and hair clippers.
515
This report provides an in-depth analysis of the greasy wool market in Sri Lanka.
472
This report provides an in-depth analysis of the wool market in Sri Lanka.
1820
This report provides an in-depth analysis of the global greasy wool market.
3914
This report provides an in-depth analysis of the global wool market.
1314
China dominates in the global wool grease trade. In 2014, China exported X thousand tons of wool grease totaling X million USD, X% under the previous year. Its primary trading partner was Japan, where it supplied X% of its total wool grease expor
622
Discover the key importing countries and trends in the global market for wool, driven by the demand for natural and sustainable fibers. China, India, Italy, South Korea, and Malaysia lead the industry, offering opportunities for exporters to tap into these lucrative markets.
748
In value terms, wood wool and wood flour imports amounted to $X in 2016. Overall, wood wool and wood flour imports continue to indicate a temperate slump. Over the period under review, global wood w...
669
In value terms, fine and coarse animal hair imports amounted to $X in 2016. Overall, fine and coarse animal hair imports continue to indicate a relatively flat trend pattern. Global fine and coarse...
746
In value terms, wool waste and coarse animal hair waste imports stood at $X in 2016. In general, wool waste and coarse animal hair waste imports continue to indicate a relatively flat trend pattern...
974
In value terms, wood wool and wood flour exports amounted to $X in 2016. Overall, wood wool and wood flour exports continue to indicate a relatively flat trend pattern. Over the period under review,...
1008
In value terms, wool waste and coarse animal hair waste exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, t...
4203
In 2016, the amount of wool imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, wool imports continue to indicate a slight reduction. The pace...
1575
In 2016, the amount of wool imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, wool imports continue to indicate a slight reduction. The pace...
801
In value terms, coarse animal hair wool, garnetted stock imports amounted to $X in 2016. In general, coarse animal hair wool, garnetted stock imports continue to indicate a measured setback. Global...
