Customs Data: The Total Import And Export Volume Of Wool Textile Raw Materials And Products Will Decline In 2023

According to Chinese customs data, the total import and export volume of domestic wool textile raw materials and products in 2023 is about 16.2 billion US dollars, down 2.7% year on year, showing a decline. Among them, the export volume of wool textile raw materials and products was 12.1 billion US dollars, down 1.4% year on year; The import volume was US $4.1 billion, down 6.3% year on year.

Under the multiple influences of economic situation, market confidence and exchange rate level, in 2023, the export volume of all kinds of wool textile export products will generally decline, or only slightly increase. The export value of wool sliver was US $490 million, down 2% year on year, and the export value of no wool was US $370 million, down 25% year on year. Exports of wool fabrics, sweaters, cashmere sweaters and blankets fell by 9%, 5%, 20% and 2% respectively year on year. Only the export of wool yarn and wool woven clothing increased by 1% year on year.

In 2023, China will import 297000 tons of wool, a year-on-year increase of 4%, and the import volume will be 2.04 billion US dollars, a year-on-year decrease of 9%; The average import price was 6.9 US dollars/kg, down 12.4% year on year. The quantity of wool imported from several major wool producing countries has increased.