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

Contents:

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

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

In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $1,340 per ton, reducing by -8.8% against the previous year. In general, the export price saw a deep reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 46%. Over the period under review, the average export prices attained the peak figure at $5,640 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,270 per ton), while the average price for exports to China amounted to $1,328 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $1,447 per ton, reducing by -12.4% against the previous year. Overall, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2021 an increase of 27%. The import price peaked at $3,753 per ton in 2015; however, from 2016 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 Germany ($5,886 per ton), while the price for Mongolia ($1,077 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (+52.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of wool; (not carded or combed), degreased, (not carbonised), shorn from Russia contracted modestly to 4.4K tons, which is down by -4.8% against 2021 figures. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 223%. As a result, the exports reached the peak of 4.6K tons, and then declined in the following year.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn declined to $5.9M in 2022. Over the period under review, exports continue to indicate a mild decrease. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, the exports reached the peak of $6.8M, and then fell in the following year.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.20.63.95.838.1%
Belarus3.84.32.6N/A-17.3%
Others0.10.20.40.10.0%
Total6.15.06.85.9-1.1%

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

  1. China (4.4K tons)

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

In 2022, purchases abroad of wool; (not carded or combed), degreased, (not carbonised), shorn increased by 9.4% to 2.2K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt descent.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn reduced to $3.2M in 2022. Overall, imports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 8.9%.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan1,1697055722,03820.4%
Greece20647134666447.7%
Germany68.4N/AN/A31666.5%
Armenia3.2N/AN/A103218.1%
Mongolia26.4N/A35.838.313.2%
Kazakhstan34.538.792.7N/A63.9%
Belarus2,2071,7092,055N/A-3.5%
Others13712321522.4-45.3%
Total3,8523,0463,3163,181-6.2%

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

  1. Uzbekistan (1829.1 tons)
  2. Greece (203.2 tons)
  3. Germany (53.6 tons)
  4. Armenia (47.1 tons)
  5. Mongolia (35.5 tons)

Source: IndexBox Market Intelligence Platform

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