Price for Wool, Not Carded or Combed in Algeria - 2022
Contents:
- Price for Wool, Not Carded or Combed in Algeria (FOB) - 2022
- Price for Wool, Not Carded or Combed in Algeria (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Algeria
- Imports of Wool, Not Carded or Combed in Algeria
Price for Wool, Not Carded or Combed in Algeria (FOB) - 2022
In 2022, the average export price for wool, not carded or combed amounted to $548 per ton, which is down by -1.5% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 an increase of 27% against the previous year. Over the period under review, the average export prices hit record highs at $1,358 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($7,554 per ton), while the average price for exports to Tunisia ($155 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+28.1%), while the prices for the other major destinations experienced a decline.
Price for Wool, Not Carded or Combed in Algeria (CIF) - 2022
The average import price for wool, not carded or combed stood at $794 per ton in 2022, waning by -7.9% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 61%. As a result, import price reached the peak level of $3,277 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to -11.2% per year.
Exports of Wool, Not Carded or Combed in Algeria
In 2022, approx. 6.5K tons of wool, not carded or combed were exported from Algeria; dropping by -3.2% against the previous year's figure. In general, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 111%. As a result, the exports reached the peak of 6.7K tons, and then reduced modestly in the following year.
In value terms, wool, not carded or combed exports dropped modestly to $3.5M in 2022. Overall, exports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 86%.
| Export of Wool, Not Carded or Combed in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,397 | 999 | 1,649 | 1,495 | 2.3% |
| India | 2,034 | 252 | 1,175 | 1,366 | -12.4% |
| Belgium | 375 | 287 | 300 | 285 | -8.7% |
| Tunisia | 216 | 88.3 | 197 | 216 | 0.0% |
| United Kingdom | 156 | 56.2 | 285 | 105 | -12.4% |
| Turkey | 265 | 131 | 37.9 | 18.5 | -58.8% |
| Others | 199 | 189 | 69.8 | 54.4 | -35.1% |
| Total | 4,642 | 2,002 | 3,713 | 3,540 | -8.6% |
Top Export Markets for Wool, Not Carded or Combed from Algeria in 2022:
- India (2576.8 tons)
- China (2001.6 tons)
- Tunisia (1393.2 tons)
- Belgium (243.5 tons)
- United Kingdom (143.0 tons)
- Turkey (97.1 tons)
Imports of Wool, Not Carded or Combed in Algeria
For the third consecutive year, Algeria recorded decline in supplies from abroad of wool, not carded or combed, which decreased by -11.4% to 15 tons in 2022. In general, imports saw a deep reduction. The smallest decline of -11.4% was in 2021.
In value terms, wool, not carded or combed imports contracted sharply to $12K in 2022. Over the period under review, imports recorded a deep reduction. The smallest decline of -18.3% was in 2021.
| Import of Wool, Not Carded or Combed in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.7 | 17.3 | 14.2 | 11.6 | 89.7% |
| India | 19.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 21.2 | 17.3 | 14.2 | 11.6 | -18.2% |
Top Suppliers of Wool, Not Carded or Combed to Algeria in 2022:
- France (14.6 tons)
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