Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United Arab Emirates - 2022

Contents:

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

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United Arab Emirates (CIF) - 2022

The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $6,055 per ton in 2022, dropping by -25% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 35% against the previous year. As a result, import price reached the peak level of $8,078 per ton, and then reduced markedly in the following year.

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 ($10,045 per ton), while the price for New Zealand amounted to $3,155 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.4%).

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United Arab Emirates (FOB) - 2022

The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $6,015 per ton in 2022, with an increase of 96% against the previous year. Overall, the export price recorded resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +7.7% per year.

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United Arab Emirates

In 2022, approx. 1.2K tons of wool; (not carded or combed), degreased, (not carbonised), shorn were imported into the United Arab Emirates; waning by -3.4% against 2021. In general, imports saw a abrupt descent.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn contracted markedly to $7.5M in 2022. Overall, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 21%.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia8.94.96.95.2-16.4%
New Zealand4.93.43.22.3-22.3%
Others0.20.20.2N/A0.0%
Total14.08.510.37.5-18.8%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to the United Arab Emirates in 2022:

  1. New Zealand (714.9 tons)
  2. Australia (518.9 tons)

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United Arab Emirates

In 2022, exports of wool; (not carded or combed), degreased, (not carbonised), shorn from the United Arab Emirates surged to 1.2K tons, jumping by 314% on the previous year. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn soared to $7.2M in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran0.71.20.87.2117.5%
OthersN/AN/A0.1N/A0%
Total0.71.30.97.2117.5%

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

  1. Iran (1.2K tons)

Source: IndexBox Market Intelligence Platform

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