Customs Statistics: Wool Textile Export Keeps Increasing In The First Half Of 2022

According to the data of China Customs, from January to June of 2022, the total import and export volume of wool textile raw materials and products amounted to 7 billion US dollars, down 3.2% year on year. Among them, the total export volume was US $5.21 billion, with a year-on-year increase of 1.1%, and the total import volume was $2.1 billion, down 9.8% year-on-year.

The main product categories include wool sliver, wool fabric, woolen sweater, cashmere sweater and wool woven garment. The export volume of wool sliver, wool fabric and cashmere sweater increased by 13.5%, 48.7% and 59.1%, respectively. It is worth noting that the export volume of wool yarn has continued to decline since this year, with a cumulative year-on-year decrease of 9.7% from January to June.

From January to June, imports of wool totaled 140000 tons, down 8.63% year-on-year, and the decline continued to narrow by 5% compared with the previous month. The average import price in June was 7.87 USD / kg, down 5.2% month on month. In the first half of the year, Australia, New Zealand, South Africa and other major wool producing countries imported 6%, 21.8% and 31.9% respectively.