Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Italy - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Italy (CIF) - 2023
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Italy (FOB) - 2023
- Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Italy
- Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Italy
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Italy (CIF) - 2023
In November 2023, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $10,572 per ton, declining by -2.8% against the previous month. Over the period under review, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 11% m-o-m. The import price peaked at $14,267 per ton in June 2023; however, from July 2023 to November 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was New Zealand ($11,242 per ton), while the price for South Africa ($9,820 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Africa (+1.1%), while the prices for the other major suppliers experienced a decline.
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Italy (FOB) - 2023
In November 2023, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $482 per ton, declining by -16.3% against the previous month. In general, the export price saw a slight descent. The most prominent rate of growth was recorded in December 2022 an increase of 521% month-to-month. As a result, the export price attained the peak level of $3,618 per ton. From January 2023 to November 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In November 2023, the country with the highest price was India ($590 per ton), while the average price for exports to China amounted to $454 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.1%), while the prices for the other major destinations experienced a decline.
Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Italy
In 2022, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn into Italy totaled 14K tons, picking up by 14% against the previous year's figure. In general, imports, however, saw a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 42%.
In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn soared to $174M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 52%.
Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 131 | 54.4 | 80.5 | 140 | 2.2% |
South Africa | 16.5 | 12.0 | 18.0 | 18.3 | 3.5% |
New Zealand | 19.6 | 10.8 | 20.4 | 12.4 | -14.2% |
Argentina | 3.5 | 2.4 | 3.8 | 1.7 | -21.4% |
Uruguay | 4.9 | 3.1 | 3.7 | 1.3 | -35.7% |
Others | 2.2 | 1.9 | 2.4 | 1.2 | -18.3% |
Total | 178 | 84.6 | 129 | 174 | -0.8% |
Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Italy in 2022:
- Australia (10.4K tons)
- South Africa (2.1K tons)
- New Zealand (0.9K tons)
- Uruguay (0.2K tons)
- Argentina (0.2K tons)
Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Italy
Exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn from Italy reduced rapidly to 1.8K tons in 2022, falling by -25.7% against the year before. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 2.8% against the previous year.
In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn totaled $1.7M in 2022. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 6.1% against the previous year.
Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 572 | 723 | 1,080 | 833 | 13.3% |
Bulgaria | N/A | N/A | N/A | 266 | 0% |
China | 946 | 385 | 237 | 131 | -48.3% |
Egypt | 522 | 96.8 | N/A | 69.8 | -48.9% |
United Kingdom | 472 | 192 | 111 | 33.1 | -58.8% |
Others | 386 | 94.6 | 153 | 334 | -4.7% |
Total | 2,898 | 1,490 | 1,581 | 1,667 | -16.8% |
Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Italy in 2022:
- India (1435.0 tons)
- China (203.0 tons)
- United Kingdom (51.2 tons)
- Bulgaria (30.1 tons)
- Egypt (18.2 tons)
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