Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Myanmar - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Myanmar (CIF) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Myanmar
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Myanmar (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $3,548 per ton, increasing by 77% against the previous year. Over the period under review, the import price showed a tangible increase. The import price peaked at $5,834 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 South Korea ($15,250 per ton), while the price for Thailand ($2,077 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+130.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Myanmar
In 2022, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) into Myanmar skyrocketed to 8.3 tons, picking up by 605% compared with the previous year. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 9,792%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) soared to $30K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 10,554% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 19.8 | 0% |
| Italy | N/A | 3.6 | N/A | 8.1 | 50.0% |
| Thailand | 0.1 | N/A | 2.4 | 1.5 | 146.6% |
| Japan | N/A | 2.7 | N/A | N/A | 0% |
| United Kingdom | N/A | 0.6 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 0.1 | 6.9 | 2.4 | 29.5 | 565.7% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Myanmar in 2022:
- China (5.6 tons)
- Italy (2.0 tons)
- Thailand (0.7 tons)
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