Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Cameroon - 2022

Contents:

  1. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Cameroon (CIF) - 2022
  2. Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Cameroon

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Cameroon (CIF) - 2022

In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $5,365 per ton, reducing by -7.4% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn increased by +90.2% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 20%. Over the period under review, average import prices reached the peak figure at $5,795 per ton in 2021, and then declined in the following year.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +2.9% per year.

Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Cameroon

After three years of growth, purchases abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn decreased by -9.1% to 11 tons in 2022. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22%. As a result, imports attained the peak of 12 tons, and then reduced in the following year.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn reduced notably to $60K in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports attained the peak of $71K, and then dropped notably in the following year.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia33.248.570.959.721.6%
OthersN/AN/AN/AN/A0%
Total33.248.570.959.721.6%

Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Cameroon in 2022:

  1. Australia (11.1 tons)

Source: IndexBox Market Intelligence Platform

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