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

Contents:

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

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

The average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $2,939 per ton in 2022, which is down by -7.9% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 75%. As a result, import price attained the peak level of $4,382 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +62.6% per year.

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

In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $730 per ton, reducing by -5.7% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2013 when the average export price increased by 18%. The export price peaked at $2,924 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($3,578 per ton), while the average price for exports to Pakistan ($234 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 Turkey (+17.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn, when their volume increased by 27% to 25 tons. Over the period under review, imports, however, saw a precipitous descent.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn skyrocketed to $73K in 2022. In general, imports, however, saw a sharp curtailment.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand16957.562.773.1-24.4%
TurkeyN/A26.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total16983.562.773.1-24.4%

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

  1. New Zealand (24.9 tons)

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

In 2022, overseas shipments of wool; (not carded or combed), greasy (including fleece-washed wool), shorn increased by 119% to 63 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a deep reduction.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn surged to $46K in 2022. Over the period under review, exports, however, showed a dramatic contraction.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey67.643.115.431.8-22.2%
Pakistan44.223.16.512.2-34.9%
Azerbaijan10.83.20.31.8-45.0%
OthersN/AN/AN/AN/A0%
Total12369.422.345.8-28.1%

Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Iran in 2022:

  1. Pakistan (52.4 tons)
  2. Turkey (8.9 tons)
  3. Azerbaijan (1.5 tons)

Source: IndexBox Market Intelligence Platform

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