Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kuwait - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kuwait (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kuwait (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kuwait
- Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kuwait
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kuwait (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $761 per ton, which is down by -3% against the previous year. Over the period under review, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 54%. The import price peaked at $1,251 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.
From 2013 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -3.3% per year.
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kuwait (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $221 per ton, with a decrease of -9.8% against the previous year. In general, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2019 an increase of 42% against the previous year. Over the period under review, the average export prices attained the peak figure at $344 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($239 per ton), while the average price for exports to Saudi Arabia totaled $171 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-3.9%).
Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kuwait
Imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn into Kuwait dropped to 243 tons in 2022, declining by -10.9% against the previous year's figure. Overall, imports continue to indicate a dramatic descent.
In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn shrank to $185K in 2022. In general, imports recorded a precipitous shrinkage. The smallest decline of -1% was in 2021.
| Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 566 | 216 | 214 | 185 | -31.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 566 | 216 | 214 | 185 | -31.1% |
Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Kuwait in 2022:
- Saudi Arabia (243.1 tons)
Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kuwait
In 2022, the amount of wool; (not carded or combed), greasy (including fleece-washed wool), shorn exported from Kuwait shrank to 318 tons, declining by -13.2% compared with 2021 figures. Over the period under review, exports faced a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 87%.
In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn fell markedly to $70K in 2022. Overall, exports faced a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 73%.
| Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 267 | 19.8 | 89.6 | 55.5 | -40.8% |
| Saudi Arabia | 60.9 | 1.6 | N/A | 14.7 | -37.7% |
| United Kingdom | N/A | 30.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 328 | 51.7 | 89.6 | 70.2 | -40.2% |
Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Kuwait in 2022:
- India (232.3 tons)
- Saudi Arabia (86.0 tons)
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