Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Egypt - 2024

Contents:

  1. Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Egypt (CIF) - 2022
  2. Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Egypt (FOB) - 2022
  3. Imports of Wool; Wool Tops and Other Combed Wool, in Fragments in Egypt
  4. Exports of Wool; Wool Tops and Other Combed Wool, in Fragments in Egypt

Price for Wool; Wool Tops and Other Combed Wool, in Fragments in Egypt (CIF) - 2022

In 2022, the average import price for wool; wool tops and other combed wool, in fragmentses amounted to $11,289 per ton, approximately mirroring the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 69% against the previous year. The import price peaked at $11,474 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($245,339 per ton), while the price for the UK ($7,478 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for wool; wool tops and other combed wool, in fragmentses stood at $3,186 per ton in 2022, increasing by 3.9% against the previous year. In general, the export price saw a pronounced expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 71%. Over the period under review, the average export prices attained the peak figure at $8,461 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($6,901 per ton), while the average price for exports to the UK ($1,821 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 India (+11.1%).

Imports of Wool; Wool Tops and Other Combed Wool, in Fragments in Egypt

In 2022, approx. 32 tons of wool; wool tops and other combed wool, in fragmentses were imported into Egypt; leveling off at 2021. In general, imports, however, saw a relatively flat trend pattern.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses amounted to $364K in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 1.4% against the previous year.

Import of Wool; Wool Tops and Other Combed Wool, in Fragments in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2051922222334.4%
Others160162137131-6.4%
Total365354359364-0.1%

Top Suppliers of Wool; Wool Tops and Other Combed Wool, in Fragments to Egypt in 2022:

  1. United Kingdom (31.2 tons)

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

In 2022, exports of wool; wool tops and other combed wool, in fragmentses from Egypt soared to 36 tons, with an increase of 464% compared with the previous year's figure. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses skyrocketed to $115K in 2022. Over the period under review, exports showed significant growth.

Export of Wool; Wool Tops and Other Combed Wool, in Fragments in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy23.220.612.172.346.1%
United KingdomN/AN/AN/A36.50%
India6.110.57.53.8-14.6%
NigeriaN/A60.0N/AN/A0%
SudanN/A22.8N/AN/A0%
TurkeyN/A15.8N/AN/A0%
OthersN/AN/AN/A2.30%
Total29.313019.611557.7%

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

  1. United Kingdom (20.0 tons)
  2. Italy (14.8 tons)
  3. India (0.6 tons)

Source: IndexBox Market Intelligence Platform

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