Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United States - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United States (CIF) - 2023
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United States (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United States
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United States
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United States (CIF) - 2023
The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $8,411 per ton in December 2023, jumping by 57% against the previous month. In general, the import price saw buoyant growth. The most prominent rate of growth was recorded in March 2023 an increase of 81% m-o-m. Over the period under review, average import prices hit record highs in December 2023.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was New Zealand ($9,490 per ton), while the price for the UK amounted to $3,170 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United States (FOB) - 2022
The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $3,714 per ton in 2022, shrinking by -6.2% against the previous year. In general, the export price saw a mild shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 25% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,087 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($3,728 per ton) and the UK ($3,672 per ton), while the average price for exports to Israel ($3,671 per ton) and Belgium ($3,671 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United States
Imports of wool; (not carded or combed), degreased, (not carbonised), shorn into the United States shrank slightly to 1.9K tons in 2022, which is down by -4.7% against the year before. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 2K tons, and then reduced in the following year.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn rose markedly to $9.6M in 2022. In general, imports showed a mild contraction.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 5.7 | 5.6 | 6.1 | 5.6 | -0.6% |
| Uruguay | 1.9 | 1.2 | 1.3 | 2.0 | 1.7% |
| Australia | 2.2 | 0.8 | 0.6 | 1.2 | -18.3% |
| United Kingdom | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Belgium | 0.1 | N/A | 0.3 | 0.2 | 26.0% |
| Greece | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 10.1 | 7.7 | 8.5 | 9.6 | -1.7% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to the United States in 2022:
- New Zealand (1243.2 tons)
- Uruguay (225.5 tons)
- Australia (158.5 tons)
- United Kingdom (156.9 tons)
- Belgium (50.7 tons)
- Greece (36.7 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United States
In 2022, approx. 191 tons of wool; (not carded or combed), degreased, (not carbonised), shorn were exported from the United States; rising by 196% on the previous year's figure. In general, exports, however, saw a deep downturn.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn skyrocketed to $710K in 2022. Over the period under review, exports, however, recorded a drastic downturn.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 883 | 943 | 156 | 539 | -15.2% |
| Belgium | N/A | N/A | 53.5 | 84.8 | 58.5% |
| Canada | 14.0 | 35.6 | 30.4 | 49.3 | 52.1% |
| Israel | N/A | N/A | N/A | 33.4 | 0% |
| Brazil | N/A | 165 | N/A | N/A | 0% |
| Others | 90.7 | N/A | 15.7 | 2.7 | -69.0% |
| Total | 988 | 1,143 | 256 | 710 | -10.4% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from the United States in 2022:
- Mexico (144.7 tons)
- Belgium (23.1 tons)
- Canada (13.4 tons)
- Israel (9.1 tons)
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