Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Malaysia - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Malaysia (FOB) - 2022
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Malaysia
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Malaysia (FOB) - 2022
The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $17,625 per ton in 2022, rising by 54% against the previous year. Over the period under review, the export price showed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +18.2% per year.
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Malaysia
Exports of wool; (not carded or combed), degreased, (not carbonised), shorn from Malaysia fell dramatically to 1.3 tons in 2022, dropping by -98.1% compared with the year before. Overall, exports saw a sharp descent. The smallest decline of -65.8% was in 2021.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn declined remarkably to $24K in 2022. Over the period under review, exports continue to indicate a dramatic decrease. The smallest decline of -64.6% was in 2021.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6,913 | 1,891 | 404 | 23.6 | -84.9% |
| China | 616 | 11.6 | 400 | N/A | -19.4% |
| Germany | 370 | 62.5 | N/A | N/A | -83.1% |
| Lithuania | 664 | 119 | N/A | N/A | -82.1% |
| Japan | 90.8 | 38.3 | N/A | N/A | -57.8% |
| Italy | 1,108 | 110 | N/A | N/A | -90.1% |
| Others | 114 | 34.6 | N/A | N/A | -69.6% |
| Total | 9,877 | 2,268 | 804 | 23.6 | -86.6% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Malaysia in 2022:
- India (1.3 tons)
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