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Wool imports for china

Wool imports for china Source: www.chinatexnet.com
Date: 17-10-2012
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Australian Wool Innovation (AWI) has released the latest figures on wool imports to China. The figures were prepared by AWI China office. China’s raw wool imports from global sources in July reached 22 mkg, down 8.3% month on month and 3.3% year on year. From January to July, raw wool imports totalled 183.9 mkg, down 6.9% year on year, and import value reached USD1.69billion, down 2.6% from last year.

For the first half of 2012, China’s global imports of raw wool (greasy, scoured, carbonized and noils) reached 161.89 mkg, down 7.4% compared to the first half of last year. Import value amounted to USD1.5 billion, down 1% year-on-year (yoy). Major sources of imports are shown in the graph below for greasy, scoured, carbonized, noils, and wool tops as well.

China’s greasy wool import total at 135.29mkg, down 6.95% yoy; imports from Australian down 8.34%, from New Zealand down 1.53%, from South Africa up 155%, from Uruguay down 47.8%, and from Spain down 9.4%. It is worth noting, the chart above shows Australia wool accounts for 75% of Chinese wool imports, while New Zealand (13%), South Africa (8%), Uruguay (2%) and Spain (2%).
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