Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Algeria - 2022

Contents:

  1. Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Algeria (FOB) - 2022
  2. Exports of Wool; Wool Tops and Other Combed Wool, in Fragments in Algeria

Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Algeria (FOB) - 2022

The average export price for wool; wool tops and other combed wool, in fragmentses stood at $176 per ton in 2022, waning by -9.1% against the previous year. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in 2017 when the average export price decreased by -8.7% against the previous year. The export price peaked at $453 per ton in 2012; however, from 2013 to 2022, the 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 China ($267 per ton), while the average price for exports to Turkey totaled $152 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-4.0%), while the prices for the other major destinations experienced a decline.

Exports of Wool; Wool Tops and Other Combed Wool, in Fragments in Algeria

In 2022, exports of wool; wool tops and other combed wool, in fragmentses from Algeria expanded remarkably to 2.4K tons, surging by 14% compared with 2021 figures. The total export volume increased at an average annual rate of +13.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 14%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses reached $422K in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 3.6%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Wool; Wool Tops and Other Combed Wool, in Fragments in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2772812852881.3%
China1031131231349.2%
OthersN/AN/AN/AN/A0%
Total3803944084223.6%

Top Export Markets for Wool; Wool Tops and Other Combed Wool, in Fragments from Algeria in 2022:

  1. Turkey (1.9K tons)
  2. China (0.5K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Wool; wool tops and other combed wool, in fragments - Algeria