Price for Wool, Not Carded or Combed in Uzbekistan - 2023
Contents:
- Price for Wool, Not Carded or Combed in Uzbekistan (FOB) - 2023
- Price for Wool, Not Carded or Combed in Uzbekistan (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Uzbekistan
- Imports of Wool, Not Carded or Combed in Uzbekistan
Price for Wool, Not Carded or Combed in Uzbekistan (FOB) - 2023
In May 2023, the average export price for wool, not carded or combed amounted to $370 per ton, with a decrease of -19.3% against the previous month. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 27% against the previous month. As a result, the export price attained the peak level of $707 per ton. From November 2022 to May 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was Russia ($516 per ton), while the average price for exports to China stood at $300 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-2.1%), while the prices for the other major destinations experienced a decline.
Price for Wool, Not Carded or Combed in Uzbekistan (CIF) - 2022
The average import price for wool, not carded or combed stood at $500 per ton in 2022, surging by 8.5% against the previous year. Over the period under review, the import price, however, showed a deep downturn. The import price peaked at $2,685 per ton in 2012; however, from 2013 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 China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +8.9% per year.
Exports of Wool, Not Carded or Combed in Uzbekistan
Wool, not carded or combed exports from Uzbekistan rose markedly to 2.8K tons in 2022, surging by 6.5% against the previous year's figure. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 21%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, wool, not carded or combed exports totaled $1.6M in 2022. Over the period under review, exports, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of 22%.
| Export of Wool, Not Carded or Combed in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,138 | 653 | 541 | 813 | -10.6% |
| China | 359 | 476 | 828 | 670 | 23.1% |
| Afghanistan | 13.4 | 18.6 | 39.8 | 31.0 | 32.3% |
| India | 22.8 | 23.8 | 44.1 | 27.0 | 5.8% |
| Belarus | 77.9 | 46.4 | 29.7 | 12.3 | -46.0% |
| Kazakhstan | 44.0 | 46.0 | 51.7 | N/A | 8.4% |
| Others | 17.9 | 3.0 | 6.9 | 53.1 | 43.7% |
| Total | 1,673 | 1,268 | 1,542 | 1,607 | -1.3% |
Top Export Markets for Wool, Not Carded or Combed from Uzbekistan in 2022:
- Russia (1332.5 tons)
- China (1082.3 tons)
- Afghanistan (269.3 tons)
- India (44.0 tons)
- Belarus (22.1 tons)
Imports of Wool, Not Carded or Combed in Uzbekistan
In 2022, the amount of wool, not carded or combed imported into Uzbekistan reduced dramatically to 18 tons, waning by -74.4% against the previous year's figure. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 7,518% against the previous year. As a result, imports attained the peak of 70 tons, and then reduced notably in the following year.
In value terms, wool, not carded or combed imports shrank significantly to $9K in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 6,760%. As a result, imports attained the peak of $32K, and then shrank remarkably in the following year.
| Import of Wool, Not Carded or Combed in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 32.1 | 9.0 | -72.0% |
| Others | 0.5 | 0.5 | 0.2 | N/A | -36.8% |
| Total | 0.5 | 0.5 | 32.4 | 9.0 | 162.1% |
Top Suppliers of Wool, Not Carded or Combed to Uzbekistan in 2022:
- China (18.0 tons)
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