Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Argentina - 2022

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Argentina (FOB) - 2022
  2. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Argentina (CIF) - 2022
  3. Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Argentina
  4. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Argentina

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Argentina (FOB) - 2022

The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $4,817 per ton in 2022, dropping by -25.2% against the previous year. Overall, the export price recorded a mild setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 18%. As a result, the export price attained the peak level of $6,438 per ton, and then shrank notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($9,749 per ton), while the average price for exports to India ($2,514 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 Mexico (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Argentina (CIF) - 2022

The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $3,213 per ton in 2022, increasing by 5% against the previous year. In general, the import price, however, recorded a abrupt setback. The growth pace was the most rapid in 2019 an increase of 20%. Over the period under review, average import prices hit record highs at $7,243 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, 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 -7.8% per year.

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Argentina

In 2022, exports of wool; (not carded or combed), degreased, (not carbonised), shorn from Argentina reduced modestly to 364 tons, approximately reflecting the previous year's figure. Over the period under review, exports saw a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 13%.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn contracted dramatically to $1.8M in 2022. In general, exports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 34%.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia33618829073830.0%
Italy46190.21455324.9%
Germany574148116311-18.5%
India21785.5100172-7.5%
China1,20610790.2N/A-72.7%
United Kingdom39294.259.8N/A-60.9%
France138113139N/A0.4%
Uruguay152129165N/A4.2%
Lithuania153132164N/A3.5%
Mexico281180174N/A-21.3%
Netherlands13575.3104N/A-12.2%
Canada63.246.752.1N/A-9.2%
Brazil13829.312.4N/A-70.0%
Others504344743N/A21.4%
Total4,7501,7612,3551,753-28.3%

Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Argentina in 2022:

  1. Italy (123.9 tons)
  2. Germany (96.1 tons)
  3. Bolivia (75.7 tons)
  4. India (68.3 tons)

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Argentina

In 2022, after two years of decline, there was growth in purchases abroad of wool; (not carded or combed), degreased, (not carbonised), shorn, when their volume increased by 0.1% to 3.4 tons. In general, imports, however, recorded a relatively flat trend pattern.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn rose rapidly to $11K in 2022. Overall, imports, however, continue to indicate a pronounced slump.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.411.310.310.8-4.5%
OthersN/AN/AN/AN/A0%
Total12.411.310.310.8-4.5%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Argentina in 2022:

  1. United States (3.4 tons)

Source: IndexBox Market Intelligence Platform

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