Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Sri Lanka - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Sri Lanka (FOB) - 2022
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Sri Lanka (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Sri Lanka
- Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Sri Lanka
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Sri Lanka (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $16,141 per ton, rising by 5% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2013 when the average export price increased by 39%. Over the period under review, the average export prices attained the peak figure at $24,010 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +10.8% per year.
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Sri Lanka (CIF) - 2022
The average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $2,318 per ton in 2022, with a decrease of -3.2% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +25.8% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 39% against the previous year. Over the period under review, average import prices reached the peak figure at $2,846 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.5% per year.
Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Sri Lanka
In 2022, shipments abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn decreased by -12.7% to 885 kg for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 34% against the previous year.
In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn fell to $14K in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports attained the peak of $16K, and then contracted in the following year.
| Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 10.8 | 13.0 | 15.6 | 14.3 | 9.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.8 | 13.0 | 15.6 | 14.3 | 9.8% |
Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Sri Lanka in 2022:
- Maldives (885.0 kg)
Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Sri Lanka
In 2022, approx. 336 kg of wool; (not carded or combed), greasy (including fleece-washed wool), shorn were imported into Sri Lanka; which is down by -42.3% on the year before. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 554%. As a result, imports reached the peak of 582 kg, and then reduced markedly in the following year.
In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn shrank rapidly to $779 in 2022. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 750%. As a result, imports attained the peak of $1.4K, and then reduced sharply in the following year.
| Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,114 | 164 | 1,394 | 779 | -11.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,114 | 164 | 1,394 | 779 | -11.2% |
Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Sri Lanka in 2022:
- United States (336.0 kg)
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