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

Contents:

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

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

The average export price for wool; wool tops and other combed wool, in fragmentses stood at $4,085 per ton in 2022, reducing by -14.1% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wool; wool tops and other combed wool, in fragmentses increased by +66.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 94% against the previous year. As a result, the export price reached the peak level of $4,756 per ton, and then dropped in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,641 per ton), while the average price for exports to Luxembourg ($146 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 Chile (+3.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, exports of wool; wool tops and other combed wool, in fragmentses from Ecuador soared to 340 kg, jumping by 93% against the year before. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 220%. Over the period under review, the exports of reached the peak figure 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 skyrocketed to $1.4K in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 520%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

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

1. Chile (207.0 kg)
2. United States (92.0 kg)
3. Luxembourg (41.0 kg)

Source: IndexBox Market Intelligence Platform