Price for Wool; (Not Carded or Combed), Carbonised in Canada - 2023

Contents:

1. Price for Wool; (Not Carded or Combed), Carbonised in Canada (CIF) - 2022
2. Price for Wool; (Not Carded or Combed), Carbonised in Canada (FOB) - 2022
3. Imports of Wool; (Not Carded or Combed), Carbonised in Canada
4. Exports of Wool; (Not Carded or Combed), Carbonised in Canada

Price for Wool; (Not Carded or Combed), Carbonised in Canada (CIF) - 2022

The average import price for wool; (not carded or combed), carbonised stood at $4,803 per ton in 2022, with a decrease of -16.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $7,771 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($7,541 per ton), while the price for Germany ($3,826 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+2.6%), while the prices for the other major suppliers experienced a decline.

Price for Wool; (Not Carded or Combed), Carbonised in Canada (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), carbonised amounted to $5,703 per ton, approximately mirroring the previous year. Over the period under review, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 60%. As a result, the export price reached the peak level of $19,391 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to 0.0% per year.

Imports of Wool; (Not Carded or Combed), Carbonised in Canada

In 2022, approx. 60 tons of wool; (not carded or combed), carbonised were imported into Canada; dropping by -14.4% compared with the previous year. Overall, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 444%. As a result, imports attained the peak of 70 tons, and then reduced in the following year.

In value terms, imports of wool; (not carded or combed), carbonised dropped remarkably to $287K in 2022. Over the period under review, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 556%. As a result, imports attained the peak of $402K, and then declined remarkably in the following year.

Top Suppliers of Wool; (Not Carded or Combed), Carbonised to Canada in 2022:

1. Australia (30.5 tons)
2. Germany (22.0 tons)
3. Belgium (6.7 tons)
4. China (0.2 tons)

Exports of Wool; (Not Carded or Combed), Carbonised in Canada

In 2022, shipments abroad of wool; (not carded or combed), carbonised decreased by 0% to 4.4 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a precipitous curtailment. The smallest decline of 99.9% was in 2020.

In value terms, exports of wool; (not carded or combed), carbonised stood at $25K in 2022. In general, exports showed a precipitous descent. The smallest decline of 99.9% was in 2020.

Top Export Markets for Wool; (Not Carded or Combed), Carbonised from Canada in 2022:

1. United Kingdom (4.4 tons)

Source: IndexBox Market Intelligence Platform