Price for Wool, Not Carded or Combed in Uruguay - 2022

Contents:

  1. Price for Wool, Not Carded or Combed in Uruguay (FOB) - 2022
  2. Price for Wool, Not Carded or Combed in Uruguay (CIF) - 2022
  3. Exports of Wool, Not Carded or Combed in Uruguay
  4. Imports of Wool, Not Carded or Combed in Uruguay

Price for Wool, Not Carded or Combed in Uruguay (FOB) - 2022

The average export price for wool, not carded or combed stood at $4,673 per ton in 2022, which is down by -19.5% against the previous year. In general, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of 14% against the previous year. As a result, the export price attained the peak level of $6,550 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($13,092 per ton), while the average price for exports to Mexico ($3,497 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 Egypt (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wool, Not Carded or Combed in Uruguay (CIF) - 2022

In 2022, the average import price for wool, not carded or combed amounted to $3,017 per ton, increasing by 12% against the previous year. In general, the import price, however, continues to indicate a slight decrease. The growth pace was the most rapid in 2018 when the average import price increased by 13%. As a result, import price attained the peak level of $3,868 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($7,136 per ton), while the price for Spain ($1,289 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wool, Not Carded or Combed in Uruguay

In 2022, wool, not carded or combed exports from Uruguay plummeted to 10K tons, falling by -19.5% compared with 2021. In general, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 82% against the previous year. As a result, the exports attained the peak of 13K tons, and then fell significantly in the following year.

In value terms, wool, not carded or combed exports fell rapidly to $48M in 2022. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 87% against the previous year.

Export of Wool, Not Carded or Combed in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China52.021.139.523.1-23.7%
Bulgaria4.94.311.36.38.7%
Egypt1.84.58.05.847.7%
India3.02.33.74.413.6%
Italy4.92.46.54.0-6.5%
United Kingdom0.50.20.50.711.9%
Mexico0.80.50.80.5-14.5%
Others7.54.54.03.2-24.7%
Total75.439.874.248.1-13.9%

Top Export Markets for Wool, Not Carded or Combed from Uruguay in 2022:

  1. China (6.5K tons)
  2. Bulgaria (1.2K tons)
  3. India (0.8K tons)
  4. Italy (0.5K tons)
  5. Egypt (0.4K tons)
  6. Mexico (0.2K tons)
  7. United Kingdom (0.2K tons)

Imports of Wool, Not Carded or Combed in Uruguay

Wool, not carded or combed imports into Uruguay reduced sharply to 10K tons in 2022, dropping by -16% on 2021 figures. Over the period under review, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 9.9% against the previous year.

In value terms, wool, not carded or combed imports dropped to $30M in 2022. In general, imports continue to indicate a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year.

Import of Wool, Not Carded or Combed in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil23.914.516.49.7-26.0%
Chile3.81.11.64.55.8%
Australia2.11.32.73.821.9%
Argentina4.71.62.63.8-6.8%
United Kingdom1.51.71.42.315.3%
Peru19.64.54.82.1-52.5%
Spain1.00.50.71.821.6%
Others4.02.82.32.5-14.5%
Total60.628.132.530.5-20.5%

Top Suppliers of Wool, Not Carded or Combed to Uruguay in 2022:

  1. Brazil (3.6K tons)
  2. Spain (1.4K tons)
  3. Peru (1.3K tons)
  4. Chile (1.1K tons)
  5. Argentina (1.0K tons)
  6. United Kingdom (0.6K tons)
  7. Australia (0.5K tons)

Source: IndexBox Market Intelligence Platform

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