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

Contents:

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

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

In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $4,830 per ton, waning by -14.5% against the previous year. Over the period under review, the import price showed a pronounced reduction. The growth pace was the most rapid in 2017 when the average import price increased by 14% against the previous year. The import price peaked at $7,944 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($11,870 per ton), while the price for New Zealand ($2,508 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-1.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $896 per ton, increasing by 5.7% against the previous year. In general, the export price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 12% against the previous year. As a result, the export price reached the peak level of $2,613 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($4,201 per ton), while the average price for exports to China ($469 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 Afghanistan (-5.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), shorn imported into Iran dropped to 2K tons, with a decrease of -6% on the previous year's figure. In general, imports faced a deep slump. The smallest decline of -5.9% was in 2021.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn dropped sharply to $9.8M in 2022. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 0.5%.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.61.20.95.2105.4%
Australia4.72.92.62.6-17.9%
New Zealand6.04.53.31.7-34.3%
Uruguay0.10.20.30.10.0%
Germany6.52.82.00.1-75.1%
FranceN/A0.43.1N/A675.0%
TurkmenistanN/A0.10.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total17.912.112.29.8-18.2%

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

  1. United Arab Emirates (1062.3 tons)
  2. New Zealand (663.5 tons)
  3. Australia (221.6 tons)
  4. Uruguay (39.9 tons)
  5. Germany (25.5 tons)

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

In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), shorn exported from Iran fell significantly to 58 tons, shrinking by -15.4% on the year before. Overall, exports recorded a sharp downturn. The smallest decline of -15.4% was in 2021.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn reduced to $52K in 2022. Over the period under review, exports showed a sharp shrinkage. The smallest decline of -10.6% was in 2021.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy32.022.722.822.7-10.8%
China12831.126.322.0-44.4%
Afghanistan19.811.39.17.3-28.3%
OthersN/AN/AN/AN/A0%
Total18065.158.252.1-33.9%

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

  1. China (47.0 tons)
  2. Afghanistan (5.7 tons)
  3. Italy (5.4 tons)

Source: IndexBox Market Intelligence Platform

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