Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in South Africa - 2024
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in South Africa (FOB) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in South Africa (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in South Africa
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in South Africa
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in South Africa (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $2,462 per ton, rising by 99.9% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. Over the period under review, the average export prices hit record highs at $4,410 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($11,824 per ton), while the average price for exports to Lesotho ($1,267 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 Lesotho (-1.9%), while the prices for the other major destinations experienced a decline.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in South Africa (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $5,861 per ton, increasing by 12% against the previous year. In general, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 61% against the previous year. As a result, import price attained the peak level of $10,056 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($42,000 per ton), while the price for Namibia ($4,891 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lesotho (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in South Africa
Exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) from South Africa reached 84 tons in 2022, surging by 6% against the year before. Overall, exports, however, recorded a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) skyrocketed to $206K in 2022. Over the period under review, exports, however, showed a significant curtailment.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 101 | 0% |
| Lesotho | 25.0 | 43.8 | 85.2 | 91.5 | 54.1% |
| Swaziland | 4.7 | 2.7 | 4.3 | 4.9 | 1.4% |
| Japan | 167 | N/A | N/A | N/A | 0% |
| Germany | 139 | 87.1 | N/A | N/A | -37.3% |
| United Kingdom | 172 | N/A | N/A | N/A | 0% |
| India | 30.9 | 5.0 | 4.6 | N/A | -61.4% |
| Others | 18.5 | 39.2 | 3.1 | 9.2 | -20.8% |
| Total | 558 | 178 | 97.3 | 206 | -28.3% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from South Africa in 2022:
- Lesotho (72.2 tons)
- Italy (8.5 tons)
- Swaziland (1.4 tons)
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in South Africa
In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) imported into South Africa fell sharply to 1.2 tons, dropping by -76.4% compared with the previous year's figure. Overall, imports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 1,075% against the previous year.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) contracted sharply to $7.1K in 2022. In general, imports showed a dramatic descent. The growth pace was the most rapid in 2021 when imports increased by 689%.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 24.9 | N/A | 23.0 | 5.6 | -39.2% |
| Turkey | N/A | N/A | N/A | 0.5 | 0% |
| New Zealand | 16.4 | N/A | N/A | N/A | 0% |
| Lesotho | 385 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 3.4 | 3.8 | 1.0 | 26.0% |
| Total | 426 | 3.4 | 26.8 | 7.1 | -74.5% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to South Africa in 2022:
- Namibia (1138.0 kg)
- Turkey (52.0 kg)
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