Home / Knowledge / News / Textiles / Import of wool rises in value & volume
Import of wool rises in value & volume
Mar '08
Data supplied by Ningbo Port show, that in January, 2008, the import quantity of wool was 1,876 tons valuing at US $14.07 million.

It marked an increase of 28.5 and 58.3 percent in quantity and value respectively. Besides, the average import price of wool per ton stood at $7,499, up by 23.3 percent. Of the total wool imported by China, 98.4 percent came from Australia and New Zealand.

Major reasons behind increased imports in China can be explained from the fact that the processing trade import value was around $8.444 million, down by 1.1 percent compared to last January.

Most importantly, increased imports were made by foreign investment enterprises and the private firms, the latter making import valued at $5.391 million. However, no such orders were placed in the preceding year.

Experts believe that a huge amount of unqualified wool like white goat hair, skin shearing, and skirtings are inflowing into domestic wool market and if the Government does not standardize wool imports, development of Chinese wool industry can be at stake.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search