Central Asia: Combed Wool Market 2020

Combed Wool Market Size in Central Asia

The revenue of the combed wool market in Central Asia amounted to $X in 2017, dropping by -X% against the previous year. The combed wool consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. The level of combed wool consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Combed Wool Production in Central Asia

The combed wool production amounted to X tons in 2017, therefore, remained relatively stable against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2012, when the output figure increased by X% year-to-year. Over the period under review, the combed wool production attained its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Combed Wool Exports in Central Asia

In 2017, approx. X tons of wool or animal hair (including wool tops) were exported in Central Asia; dropping by -X% against the previous year. The combed wool exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013, when exports increased by X% y-o-y. Over the period under review, the combed wool exports attained its maximum volume of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, combed wool exports totaled $X in 2017. The combed wool exports continue to indicate a deep decline. Over the period under review, the combed wool exports attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Combed Wool Exports by Country in Central Asia

Kazakhstan was the major exporting country with an export of around X tons, which reached X% of total exports. Mongolia (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Kyrgyzstan (X%).

Kazakhstan was also the fastest growing in terms of the wool or animal hair (including wool tops) exports, with a CAGR of +X% from 2007 to 2017. Kyrgyzstan (-X%) and Mongolia (-X%) illustrated a downward trend over the same period. While the share of Mongolia (X%) and Kyrgyzstan (X%) increased significantly in terms of the global exports from 2007-2017, the share of Kazakhstan (-X%) displayed negative dynamics.

In value terms, the largest combed wool markets worldwide were Kazakhstan ($X), Mongolia ($X) and Kyrgyzstan ($X).

Kazakhstan (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced a decline in the exports figures.

Combed Wool Export Prices by Country in Central Asia

In 2017, the combed wool export price in Central Asia amounted to $X per ton, waning by -X% against the previous year. The combed wool export price continues to indicate a drastic decrease. The growth pace was the most rapid in 2012, an increase of X% y-o-y. In that year, the export prices for wool or animal hair (including wool tops) attained their peak level of $X per kg. From 2013 to 2017, growth of the export prices for wool or animal hair (including wool tops) failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mongolia ($X per kg), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kyrgyzstan (-X% per year), while the other leaders experienced a decline in the export price figures.

Combed Wool Imports in Central Asia

In 2017, the amount of wool or animal hair (including wool tops) imported in Central Asia amounted to X tons, shrinking by -X% against the previous year. The combed wool imports continue to indicate a deep contraction. The growth pace was the most rapid in 2012, when it surged by X% year-to-year. Over the period under review, the combed wool imports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, combed wool imports stood at $X in 2017. The combed wool imports continue to indicate an abrupt deduction. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Combed Wool Imports by Country in Central Asia

Mongolia prevails in combed wool imports structure, recording X tons, which was approx. X% of total imports in 2017. Kazakhstan (X kg) followed a long way behind the leaders.

Mongolia was also the fastest growing in terms of the wool or animal hair (including wool tops) imports, with a CAGR of -X% from 2007 to 2017. Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of Mongolia (X%) and Kazakhstan (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mongolia ($X) constitutes the largest market for imported wool or animal hair (including wool tops) in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports.

In Mongolia, combed wool imports plunged by an average annual rate of -X% over the period from 2007-2017.

Combed Wool Import Prices by Country in Central Asia

The combed wool import price in Central Asia stood at $X per kg in 2017, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013, when it surged by X% year-to-year. Over the period under review, the import prices for wool or animal hair (including wool tops) reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Mongolia ($X per kg) and Kazakhstan ($X per ton), while Kazakhstan ($X per ton) and Mongolia ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kazakhstan (+X% per year).

Source: IndexBox Platform