Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Saudi Arabia - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Saudi Arabia (FOB) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Saudi Arabia (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Saudi Arabia
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Saudi Arabia
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Saudi Arabia (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $1,674 per ton, with an increase of 23% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 33%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($2,655 per ton), while the average price for exports to India ($767 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 Lithuania (+41.4%), 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 Saudi Arabia (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $1,528 per ton, which is down by -39.4% against the previous year. In general, the import price, however, showed perceptible growth. The most prominent rate of growth was recorded in 2021 an increase of 161% against the previous year. As a result, import price attained the peak level of $2,521 per ton, and then fell markedly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Egypt.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to -28.2% per year.
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Saudi Arabia
In 2022, exports of wool; (not carded or combed), degreased, (not carbonised), shorn from Saudi Arabia declined rapidly to 65 tons, with a decrease of -55.2% compared with 2021. In general, exports faced a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 123%.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn dropped dramatically to $109K in 2022. Over the period under review, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 197%.
Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | N/A | 5.8 | 48.1 | 40.9 | 165.6% |
United Kingdom | 254 | 40.2 | 72.3 | 35.9 | -47.9% |
China | 68.8 | 12.8 | 35.3 | 16.9 | -37.4% |
Belgium | 21.4 | 4.3 | 13.0 | 8.5 | -26.5% |
India | 18.7 | 3.5 | 10.5 | 6.9 | -28.3% |
Greece | N/A | N/A | 18.9 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 363 | 66.6 | 198 | 109 | -33.0% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Saudi Arabia in 2022:
- United Kingdom (23.8 tons)
- Lithuania (19.1 tons)
- China (10.1 tons)
- India (9.1 tons)
- Belgium (3.2 tons)
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Saudi Arabia
After two years of growth, supplies from abroad of wool; (not carded or combed), degreased, (not carbonised), shorn decreased by -25.1% to 3.3 tons in 2022. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 8.6%. As a result, imports attained the peak of 4.4 tons, and then contracted notably in the following year.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn declined rapidly to $5.1K in 2022. Over the period under review, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 184% against the previous year. As a result, imports attained the peak of $11K, and then shrank significantly in the following year.
Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Saudi Arabia (Thousand USD) | ||||
---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
Egypt | N/A | 10.7 | 5.1 | -52.3% |
France | 3.9 | N/A | N/A | 0% |
Others | N/A | 0.5 | N/A | 0% |
Total | 3.9 | 11.2 | 5.1 | 14.4% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Saudi Arabia in 2022:
- Egypt (3.3 tons)
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