Price for Wool, Not Carded or Combed in Kazakhstan - 2021
Contents:
- Price for Wool, Not Carded or Combed in Kazakhstan (FOB) - 2022
- Price for Wool, Not Carded or Combed in Kazakhstan (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Kazakhstan
- Imports of Wool, Not Carded or Combed in Kazakhstan
Price for Wool, Not Carded or Combed in Kazakhstan (FOB) - 2022
In 2022, the average export price for wool, not carded or combed amounted to $311 per ton, with a decrease of -27.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by 13%. As a result, the export price reached the peak level of $1,189 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($767 per ton), while the average price for exports to China amounted to $271 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-5.3%).
Price for Wool, Not Carded or Combed in Kazakhstan (CIF) - 2022
The average import price for wool, not carded or combed stood at $2,158 per ton in 2022, growing by 121% against the previous year. Over the period under review, the import price enjoyed a modest expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 186% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +23.7% per year.
Exports of Wool, Not Carded or Combed in Kazakhstan
In 2022, exports of wool, not carded or combed from Kazakhstan declined to 5.1K tons, reducing by -12.9% compared with the previous year's figure. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 365% against the previous year. As a result, the exports reached the peak of 5.8K tons, and then reduced in the following year.
In value terms, wool, not carded or combed exports shrank remarkably to $1.6M in 2022. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 337% against the previous year. As a result, the exports attained the peak of $2.5M, and then fell dramatically in the following year.
| Export of Wool, Not Carded or Combed in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 471 | 339 | 2,191 | 1,311 | 40.7% |
| Russia | 450 | 88.6 | 207 | 141 | -32.1% |
| Kyrgyzstan | 23.6 | 8.1 | 16.2 | N/A | -17.1% |
| Others | 178 | 139 | 95.7 | 134 | -9.0% |
| Total | 1,122 | 574 | 2,509 | 1,585 | 12.2% |
Top Export Markets for Wool, Not Carded or Combed from Kazakhstan in 2022:
- China (4.8K tons)
- Russia (0.2K tons)
Imports of Wool, Not Carded or Combed in Kazakhstan
In 2022, purchases abroad of wool, not carded or combed decreased by -92.7% to 6.9 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, imports reached the peak of 190 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, wool, not carded or combed imports dropped dramatically to $15K in 2022. Overall, imports showed a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 69%.
| Import of Wool, Not Carded or Combed in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.6 | 3.7 | 50.5 | 14.9 | 110.4% |
| Kyrgyzstan | 15.1 | 14.9 | 1.2 | N/A | -71.8% |
| Uzbekistan | 20.6 | 42.1 | 38.8 | N/A | 37.2% |
| Others | 1.1 | 4.2 | 1.0 | N/A | -4.7% |
| Total | 38.4 | 65.0 | 91.6 | 14.9 | -27.1% |
Top Suppliers of Wool, Not Carded or Combed to Kazakhstan in 2022:
- Russia (6.9 tons)
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