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Wadding exports reached their peak in 2023 and are projected to continue growing in the coming years. The value of wadding exports soared to $138M in 2023.
Wadding imports hit a peak of 5.7K tons in 2015, but from 2016 to 2023, imports remained slightly lower. In terms of value, wadding imports decreased to $17M in 2023.
From 2018 to 2023, the growth of Wadding exports failed to regain momentum. In value terms, Wadding exports dropped to $439M in 2023.
During the period analyzed, Wadding exports reached their peak in 2023 and are expected to continue growing steadily. The value of Wadding exports surged to $138M in 2023.
From June 2023 to December 2023, the growth of imports failed to regain momentum. In value terms, Wadding imports declined to $7.7M in December 2023.
In May 2023, the growth rate in the wadding industry reached its highest point, with a month-on-month increase of 22%. However, the value of wadding imports decreased to $10M in November 2023.
Exports of wadding experienced a decline in momentum from April 2023 to September 2023, resulting in a decrease to $5.1M in value terms in September 2023.
The price of Wadding in June 2023 was $7,809 per ton (CIF, United Kingdom), showing a significant increase of 38% compared to the previous month.
In July 2023, the price of Wadding reached $17,776 per ton (CIF, Brazil), reflecting a month-on-month increase of 8.9%.
In May 2023, the wadding price amounted to $4,839 per ton (CIF, Hong Kong), with a decline of -19.7% compared to the previous month.
In January 2023, the wadding price amounted to $5,317 per ton (FOB, Mexico), surging by 5.7% against the previous month.
In February 2023, the wadding price stood at $8,086 per ton (FOB, Poland), shrinking by -4.5% against the previous month.
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