Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United States - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United States (FOB) - 2022
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United States (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United States
- Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United States
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United States (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $4,232 per ton, flattening at the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2020 when the average export price increased by 22% against the previous year. As a result, the export price attained the peak level of $4,557 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($7,502 per ton), while the average price for exports to India ($3,126 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 Bulgaria (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United States (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $4,646 per ton, increasing by 5.9% against the previous year. In general, the import price, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 102% against the previous year. As a result, import price attained the peak level of $8,208 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($11,446 per ton), while the price for Spain ($1,427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United States
Exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn from the United States reduced dramatically to 1.2K tons in 2022, with a decrease of -46.7% compared with the previous year's figure. Overall, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 53% against the previous year.
In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn declined markedly to $5M in 2022. In general, exports saw a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year.
| Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 1.8 | 5.1 | 2.6 | -21.1% |
| Egypt | 2.4 | 0.9 | 0.5 | 1.2 | -20.6% |
| Bulgaria | 0.9 | 2.4 | 1.4 | 0.6 | -12.6% |
| India | 1.3 | 0.1 | 0.1 | 0.3 | -38.7% |
| Czech Republic | N/A | N/A | N/A | 0.1 | 0% |
| Belgium | N/A | 0.3 | 0.3 | 0.1 | -42.3% |
| Italy | 0.5 | 0.4 | 1.2 | N/A | 54.9% |
| Others | 0.4 | 0.6 | 0.7 | N/A | 32.3% |
| Total | 10.7 | 6.6 | 9.3 | 5.0 | -22.4% |
Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from the United States in 2022:
- China (612.4 tons)
- Egypt (308.0 tons)
- India (95.0 tons)
- Bulgaria (79.6 tons)
- Belgium (34.3 tons)
- Czech Republic (28.2 tons)
Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United States
Imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn into the United States reduced rapidly to 353 tons in 2022, falling by -46.8% compared with the year before. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of 664 tons, and then shrank notably in the following year.
In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn dropped rapidly to $1.6M in 2022. In general, imports recorded a sharp curtailment. The smallest decline of -2% was in 2021.
| Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,487 | 1,645 | 1,135 | 1,216 | -6.5% |
| Canada | 165 | 558 | 670 | 299 | 21.9% |
| Spain | 860 | 110 | 271 | 127 | -47.1% |
| United Kingdom | 129 | N/A | N/A | N/A | 0% |
| Uruguay | N/A | 323 | 538 | N/A | 66.6% |
| South Africa | 498 | 305 | 135 | N/A | -47.9% |
| Others | 232 | 29.8 | 163 | N/A | -16.2% |
| Total | 3,370 | 2,972 | 2,912 | 1,642 | -21.3% |
Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to the United States in 2022:
- Canada (158.4 tons)
- Australia (106.2 tons)
- Spain (88.7 tons)
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