Price for Wool; (not carded or combed), degreased, (not carbonised), (other than shorn) in the United Arab Emirates - 2022

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the United Arab Emirates (CIF) - 2022
  2. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the United Arab Emirates (FOB) - 2022
  3. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the United Arab Emirates
  4. Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the United Arab Emirates

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $3,423 per ton, picking up by 234% against the previous year. Over the period under review, the import price continues to indicate notable growth. The import price peaked at $7,347 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Afghanistan ($85,393 per ton), while the price for Syrian Arab Republic ($804 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.2%).

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $84,367 per ton, surging by 13,393% against the previous year. In general, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($86,607 per ton), while the average price for exports to Maldives amounted to $13,444 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+52.3%).

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the United Arab Emirates

In 2022, supplies from abroad of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) decreased by -90.4% to 10 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp decline. The pace of growth appeared the most rapid in 2020 when imports increased by 130%. As a result, imports attained the peak of 202 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) dropped dramatically to $36K in 2022. Over the period under review, imports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2020 with an increase of 80% against the previous year. As a result, imports reached the peak of $195K. 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 the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AfghanistanN/AN/AN/A24.30%
Syrian Arab Republic10616482.07.5-58.6%
China0.23.33.83.4157.1%
Pakistan1.419.618.6N/A264.5%
Others0.48.26.20.40.0%
Total10819511135.6-30.9%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to the United Arab Emirates in 2022:

  1. Syrian Arab Republic (9.3 tons)
  2. China (0.8 tons)
  3. Afghanistan (0.3 tons)

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the United Arab Emirates

After three years of growth, overseas shipments of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) decreased by 99.9% to 294 kg in 2022. Overall, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, the exports reached the peak of 2.5K tons, and then shrank markedly in the following year.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) fell markedly to $25K in 2022. Over the period under review, exports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $1.6M, and then contracted rapidly in the following year.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A24.70%
MaldivesN/AN/AN/A0.10%
India1,3001,0501,518N/A8.1%
Pakistan58.631.75.7N/A-68.8%
Others31.971.158.4N/A35.3%
Total1,3901,1521,58224.8-73.9%

Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from the United Arab Emirates in 2022:

  1. Austria (285.0 kg)
  2. Maldives (9.0 kg)

Source: IndexBox Market Intelligence Platform

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