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

Contents:

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

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

The average export price for wool; wool tops and other combed wool, in fragmentses stood at $24,459 per ton in 2022, with an increase of 185% against the previous year. In general, the export price posted a significant increase. The pace of growth appeared the most rapid in 2021 an increase of 909% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to +13.7% per year.

Exports of Wool; Wool Tops and Other Combed Wool, in Fragments in South Africa

In 2022, approx. 266 kg of wool; wool tops and other combed wool, in fragmentses were exported from South Africa; surging by 6.4% compared with the previous year. Overall, exports, however, faced a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 113% against the previous year. As a result, the exports reached the peak of 821 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses surged to $6.5K in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 207% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Namibia (266.0 kg)

Source: IndexBox Market Intelligence Platform