Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Indonesia - 2022

Contents:

  1. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Indonesia (CIF) - 2022
  2. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Indonesia (FOB) - 2022
  3. Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Indonesia
  4. Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Indonesia

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Indonesia (CIF) - 2022

The average import price for yarn of combed wool, not put up for retail sale stood at $19,987 per ton in March 2022, surging by 57% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 323% m-o-m. The import price peaked at $23,031 per ton in August 2021; however, from September 2021 to March 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From March 2021 to March 2022, the rate of growth in terms of prices for China amounted to +0.6% per month.

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Indonesia (FOB) - 2022

In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $8,638 per ton, jumping by 190% against the previous year. Overall, the export price, however, showed a abrupt slump. The export price peaked at $16,460 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($12,254 per ton), while the average price for exports to New Zealand ($5,014 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+23.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Indonesia

After two years of decline, overseas purchases of yarn of combed wool, not put up for retail sale increased by 95% to 76 tons in 2022. In general, imports, however, showed a dramatic downturn.

In value terms, imports of yarn of combed wool, not put up for retail sale soared to $1.3M in 2022. Over the period under review, imports, however, continue to indicate a sharp descent.

Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31462435061925.4%
Hong Kong SAR2,4552260.4531-40.0%
Turkey241129176115-21.9%
Italy2,2251,6870.11.9-90.5%
South Korea0.168.76.30.458.7%
India44.8141N/AN/A214.7%
Others2.818.42.835.1132.3%
Total5,2832,8955361,303-37.3%

Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Indonesia in 2022:

  1. China (35.9 tons)
  2. Turkey (24.9 tons)
  3. Hong Kong SAR (14.3 tons)
  4. Italy (0.1 tons)

Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Indonesia

In 2022, exports of yarn of combed wool, not put up for retail sale from Indonesia reduced remarkably to 23 tons, which is down by -61.7% on the year before. Over the period under review, exports faced a sharp decrease. The smallest decline of -6.7% was in 2021.

In value terms, exports of yarn of combed wool, not put up for retail sale expanded significantly to $202K in 2022. Overall, exports recorded a significant curtailment.

Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/AN/A1250%
Sri Lanka64.1N/AN/A66.71.3%
New Zealand43221.023.85.2-77.1%
South Korea32.0N/A0.14.5-48.0%
Hong Kong SARN/A54064.7N/A-88.0%
PhilippinesN/AN/A43.9N/A0%
Australia69.39.449.2N/A-15.7%
TurkeyN/A62.1N/AN/A0%
Others29.72.5N/A0.5-74.4%
Total627635182202-31.4%

Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Indonesia in 2022:

  1. Sri Lanka (11.5 tons)
  2. Thailand (10.2 tons)
  3. New Zealand (1.0 tons)
  4. South Korea (0.6 tons)

Source: IndexBox Market Intelligence Platform

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