Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Chile - 2023

Contents:

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

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

In July 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $2,578 per ton, approximately equating the previous month. Over the period under review, the export price showed a deep slump. As a result, the export price reached the peak level of $4,155 per ton. From January 2022 to July 2022, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From December 2021 to July 2022, the rate of growth in terms of prices for China amounted to -6.6% per month.

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

The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $3,641 per ton in 2022, which is down by -43.6% against the previous year. In general, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 288% against the previous year. Over the period under review, average import prices attained the maximum at $131,000 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Uruguay.

From 2013 to 2022, the rate of growth in terms of prices for Ecuador amounted to -8.8% per year.

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

In 2022, exports of wool; (not carded or combed), degreased, (not carbonised), shorn from Chile reduced to 117 tons, waning by -5.1% compared with 2021 figures. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 403% against the previous year.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn declined significantly to $342K in 2022. In general, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 534% against the previous year.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China631N/A412342-18.5%
United StatesN/A42.3N/AN/A0%
Egypt34.9N/AN/AN/A0%
Italy23327.329.2N/A-64.6%
OthersN/AN/AN/AN/A0%
Total89969.6442342-27.5%

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

  1. China (116.5 tons)

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

For the third consecutive year, Chile recorded growth in overseas purchases of wool; (not carded or combed), degreased, (not carbonised), shorn, which increased by 251% to 15 tons in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 217,200% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn surged to $55K in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 10,609%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Chile (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
UruguayN/A25.049.196.4%
Others0.33.16.4361.9%
Total0.328.155.51260.1%

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

  1. Uruguay (15.1 tons)

Source: IndexBox Market Intelligence Platform

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