Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Ecuador - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Ecuador (FOB) - 2022
- Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Ecuador
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Ecuador (FOB) - 2022
The average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $658 per ton in 2022, reducing by -15.1% against the previous year. Over the period under review, the export price saw a abrupt slump. The growth pace was the most rapid in 2016 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $2,218 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to -10.2% per year.
Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Ecuador
For the fourth consecutive year, Ecuador recorded growth in shipments abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn, which increased by 37% to 3.6 tons in 2022. Over the period under review, exports saw 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), greasy (including fleece-washed wool), shorn surged to $2.4K in 2022. The total export value increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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), Greasy (Including Fleece-Washed Wool), Shorn in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | 0.1 | 2.1 | 2.4 | 389.9% |
| Hong Kong SAR | 1.0 | N/A | N/A | N/A | 0% |
| Uruguay | 0.7 | 1.8 | N/A | N/A | 157.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.8 | 1.9 | 2.1 | 2.4 | 10.1% |
Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Ecuador in 2022:
- Chile (3.6 tons)
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