Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Canada - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Canada (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Canada (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Canada
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Canada
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Canada (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $3,835 per ton in 2022, growing by 21% against the previous year. In general, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22%. Over the period under review, average import prices attained the maximum at $7,805 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Germany ($6,157 per ton), while the price for New Zealand ($3,549 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Canada (FOB) - 2022
The average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $4,538 per ton in 2022, rising by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2020 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs at $5,337 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.4% per year.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Canada
In 2022, purchases abroad of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) decreased by -36% to 73 tons, falling for the second consecutive year after two years of growth. In general, imports saw a sharp decline. The growth pace was the most rapid in 2020 with an increase of 7.4% against the previous year. As a result, imports reached the peak of 192 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) fell dramatically to $281K in 2022. Overall, imports recorded a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 11%. As a result, imports reached the peak of $679K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 382 | 430 | 256 | 207 | -18.5% |
| Germany | 0.5 | 0.2 | 0.3 | 36.2 | 316.8% |
| Uruguay | N/A | 7.6 | 27.0 | 31.9 | 104.9% |
| United Kingdom | 19.7 | 120 | 3.0 | 3.2 | -45.4% |
| United States | 27.4 | 25.0 | 0.5 | 0.5 | -73.7% |
| China | 132 | N/A | 0.3 | 0.5 | -84.4% |
| Argentina | N/A | 81.5 | 74.6 | N/A | -8.5% |
| Others | 51.1 | 14.3 | 0.4 | 1.3 | -70.6% |
| Total | 614 | 679 | 362 | 281 | -22.9% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Canada in 2022:
- New Zealand (58.3 tons)
- Uruguay (7.8 tons)
- Germany (5.9 tons)
- United Kingdom (0.8 tons)
- United States (0.1 tons)
- China (0.1 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Canada
In 2022, approx. 60 tons of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) were exported from Canada; increasing by 18% against 2021. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) surged to $271K in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 181 | 188 | 218 | 271 | 14.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 181 | 188 | 218 | 271 | 14.4% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Canada in 2022:
- United States (59.6 tons)
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