Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Kuwait - 2022

Contents:

1. Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Kuwait (FOB) - 2022
2. Exports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Kuwait

Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Kuwait (FOB) - 2022

In 2022, the average export price for wool, or fine or coarse animal hair; garnetted stock amounted to $2,754 per ton, growing by 2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. The pace of growth was the most pronounced in 2016 an increase of 13%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.7% per year.

Exports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Kuwait

For the third consecutive year, Kuwait recorded decline in overseas shipments of wool, or fine or coarse animal hair; garnetted stock, which decreased by -12.1% to 1.2 tons in 2022. Over the period under review, exports recorded a abrupt decline. The smallest decline of -12.1% was in 2021.

In value terms, exports of wool, or fine or coarse animal hair; garnetted stock fell to $3.4K in 2022. In general, exports showed a deep contraction. The smallest decline of -9.9% was in 2021.

Top Export Markets for Wool, or Fine or Coarse Animal Hair; Garnetted Stock from Kuwait in 2022:

1. India (1.2 tons)

Source: IndexBox Market Intelligence Platform