Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Algeria - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Algeria (FOB) - 2022
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Algeria
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Algeria (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $792 per ton, approximately reflecting the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 an increase of 48%. Over the period under review, the average export prices reached the maximum at $2,370 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,984 per ton), while the average price for exports to Belgium ($730 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 Germany (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Algeria
In 2022, exports of wool; (not carded or combed), degreased, (not carbonised), shorn from Algeria declined notably to 2.2K tons, dropping by -17.4% compared with the year before. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 71% against the previous year. As a result, the exports attained the peak of 2.7K tons, and then contracted dramatically in the following year.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn plummeted to $1.8M in 2022. Over the period under review, exports showed a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, the exports reached the peak of $2.1M, and then dropped sharply in the following year.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,397 | 1,048 | 1,682 | 1,512 | 2.7% |
| Belgium | 258 | 180 | 160 | 131 | -20.2% |
| United Kingdom | 156 | 52.9 | 291 | 106 | -12.1% |
| Others | 12.7 | 12.5 | 15.5 | 17.8 | 11.9% |
| Total | 1,824 | 1,293 | 2,148 | 1,767 | -1.1% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Algeria in 2022:
- China (1910.3 tons)
- Belgium (179.6 tons)
- United Kingdom (136.5 tons)
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