Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Singapore - 2023
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Singapore (CIF) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Singapore (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Singapore
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Singapore
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Singapore (CIF) - 2022
In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $24,802 per ton, jumping by 53% against the previous year. Over the period under review, the import price enjoyed a temperate increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 123%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($54,840 per ton), while the price for China ($18,148 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Singapore (FOB) - 2022
In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $21,469 per ton, growing by 31% against the previous year. Overall, the export price, however, showed a noticeable contraction. Over the period under review, the average export prices hit record highs at $32,339 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($24,338 per ton), while the average price for exports to Pakistan stood at $20,548 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Singapore
After two years of decline, purchases abroad of yarn of carded wool, not put up for retail sale increased by 326% to 4 tons in 2022. Over the period under review, imports, however, recorded a sharp descent.
In value terms, imports of yarn of carded wool, not put up for retail sale surged to $98K in 2022. Overall, imports, however, faced a dramatic downturn.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 54.2 | 15.2 | 8.3 | 66.6 | 7.1% |
| China | 1.1 | 13.4 | 1.9 | 12.0 | 121.8% |
| India | 3.9 | 24.5 | 1.1 | 8.9 | 31.7% |
| New Zealand | 193 | N/A | N/A | N/A | 0% |
| Others | 13.6 | 11.5 | 3.8 | 10.6 | -8.0% |
| Total | 266 | 64.8 | 15.1 | 98.1 | -28.3% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Singapore in 2022:
- Italy (3079.0 kg)
- China (663.0 kg)
- India (163.0 kg)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Singapore
In 2022, shipments abroad of yarn of carded wool, not put up for retail sale decreased by -49.7% to 3.4 tons, falling for the second consecutive year after two years of growth. In general, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 302% against the previous year. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of yarn of carded wool, not put up for retail sale declined rapidly to $73K in 2022. Overall, exports saw a dramatic shrinkage. The growth pace was the most rapid in 2020 when exports increased by 205% against the previous year. As a result, the exports attained the peak of $476K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 114 | 451 | 104 | 55.2 | -21.5% |
| Thailand | N/A | N/A | N/A | 17.6 | 0% |
| Indonesia | 31.7 | N/A | N/A | N/A | 0% |
| Bangladesh | N/A | 15.2 | 7.4 | N/A | -51.3% |
| Others | 11.1 | 10.6 | 0.4 | 0.6 | -62.2% |
| Total | 156 | 476 | 111 | 73.3 | -22.3% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Singapore in 2022:
- Pakistan (2.7 tons)
- Thailand (0.7 tons)
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