Price for Wool; (Not Carded or Combed), Carbonised in Italy - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Carbonised in Italy (CIF) - 2023
- Price for Wool; (Not Carded or Combed), Carbonised in Italy (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Carbonised in Italy
- Exports of Wool; (Not Carded or Combed), Carbonised in Italy
Price for Wool; (Not Carded or Combed), Carbonised in Italy (CIF) - 2023
The average import price for wool; (not carded or combed), carbonised stood at $8,659 per ton in October 2023, waning by -9% against the previous month. Overall, the import price showed a mild downturn. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 16% m-o-m. Over the period under review, average import prices hit record highs at $11,400 per ton in February 2023; however, from March 2023 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was China ($10,547 per ton), while the price for Egypt ($7,713 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced a decline.
Price for Wool; (Not Carded or Combed), Carbonised in Italy (FOB) - 2022
The average export price for wool; (not carded or combed), carbonised stood at $9,330 per ton in 2022, dropping by -17.8% against the previous year. Overall, the export price continues to indicate a mild shrinkage. The growth pace was the most rapid in 2019 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices hit record highs at $11,352 per ton in 2021, and then declined markedly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($25,428 per ton), while the average price for exports to Germany ($5,493 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 South Africa (+34.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wool; (Not Carded or Combed), Carbonised in Italy
In 2022, the amount of wool; (not carded or combed), carbonised imported into Italy soared to 2.5K tons, growing by 53% against the previous year. Over the period under review, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of wool; (not carded or combed), carbonised surged to $24M in 2022. In general, imports posted a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wool; (Not Carded or Combed), Carbonised in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 10.8 | 6.5 | 9.7 | 15.4 | 12.6% |
| China | 1.6 | 0.9 | 3.5 | 4.4 | 40.1% |
| Egypt | 0.7 | 0.1 | 0.6 | 2.1 | 44.2% |
| Germany | 1.0 | 0.5 | 0.9 | 1.5 | 14.5% |
| South Africa | 4.8 | 2.8 | 1.0 | 0.5 | -52.9% |
| Belgium | 0.9 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Total | 19.9 | 10.8 | 15.8 | 24.2 | 6.7% |
Top Suppliers of Wool; (Not Carded or Combed), Carbonised to Italy in 2022:
- Australia (1579.3 tons)
- China (376.6 tons)
- Germany (225.6 tons)
- Egypt (212.0 tons)
- South Africa (41.6 tons)
Exports of Wool; (Not Carded or Combed), Carbonised in Italy
In 2022, approx. 77 tons of wool; (not carded or combed), carbonised were exported from Italy; jumping by 55% compared with the previous year. Overall, exports, however, continue to indicate a noticeable descent.
In value terms, exports of wool; (not carded or combed), carbonised skyrocketed to $717K in 2022. In general, exports, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Wool; (Not Carded or Combed), Carbonised in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 251 | 179 | 236 | 216 | -4.9% |
| Germany | 223 | 286 | 76.8 | 215 | -1.2% |
| United States | 229 | 572 | 1.9 | 148 | -13.5% |
| Lithuania | 84.1 | 133 | 125 | 104 | 7.3% |
| China | N/A | N/A | N/A | 31.0 | 0% |
| Japan | N/A | 51.7 | 21.3 | N/A | -58.8% |
| Egypt | 34.3 | N/A | N/A | N/A | 0% |
| Others | 11.7 | 65.7 | 102 | 3.4 | -33.8% |
| Total | 833 | 1,286 | 563 | 717 | -4.9% |
Top Export Markets for Wool; (Not Carded or Combed), Carbonised from Italy in 2022:
- Germany (39.2 tons)
- Tunisia (17.4 tons)
- United States (10.6 tons)
- Lithuania (8.2 tons)
- China (1.2 tons)
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