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

Contents:

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

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

The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $2,868 per ton in 2022, leveling off at the previous year. Overall, the export price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 15%. As a result, the export price reached the peak level of $5,529 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($42,343 per ton), while the average price for exports to China ($2,279 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 the UK (+12.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $12,015 per ton in 2022, rising by 4.9% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Argentina ($34,000 per ton), while the price for Uruguay totaled $11,847 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+14.7%).

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

For the fourth consecutive year, Peru recorded growth in shipments abroad of wool; (not carded or combed), degreased, (not carbonised), shorn, which increased by 4.1% to 90 tons in 2022. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 8.1%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn rose markedly to $257K in 2022. The total export value increased at an average annual rate of +13.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1411631451655.4%
Germany29.543.950.373.435.5%
Others4.82.748.918.657.1%
Total17521024425713.7%

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

  1. China (72.4 tons)
  2. Germany (16.7 tons)

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

For the third consecutive year, Peru recorded decline in purchases abroad of wool; (not carded or combed), degreased, (not carbonised), shorn, which decreased by -20.5% to 132 kg in 2022. In general, imports showed a sharp decline. The smallest decline of -19.4% was in 2021.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn reduced sharply to $1.6K in 2022. Overall, imports recorded a abrupt descent. The smallest decline of -16.5% was in 2021.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay2.62.21.71.6-14.9%
Others0.1N/A0.2N/A41.4%
Total2.72.31.91.6-16.0%

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

  1. Uruguay (131.0 kg)

Source: IndexBox Market Intelligence Platform

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