Price for Wool; Wool Tops and Other Combed Wool, in Fragments in the United States - 2024

Contents:

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

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

In 2022, the average export price for wool; wool tops and other combed wool, in fragmentses amounted to $7,212 per ton, increasing by 2% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 35%. As a result, the export price attained the peak level of $11,387 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($27,003 per ton), while the average price for exports to Canada stood at $6,869 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+21.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for wool; wool tops and other combed wool, in fragmentses amounted to $17,365 per ton, waning by -21.4% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by 64% against the previous year. The import price peaked at $33,693 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the UK ($50,000 per ton), while the price for Turkey ($10,376 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Wool; Wool Tops and Other Combed Wool, in Fragments in the United States

In 2022, the amount of wool; wool tops and other combed wool, in fragmentses exported from the United States soared to 120 tons, with an increase of 53% against the previous year. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 161% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of wool; wool tops and other combed wool, in fragmentses soared to $862K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 167%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Wool; Wool Tops and Other Combed Wool, in Fragments in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada36420754980730.4%
GermanyN/AN/AN/A54.90%
Panama35.0N/AN/AN/A0%
Others14.4N/A3.9N/A-48.0%
Total41320755386227.8%

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

  1. Canada (117.5 tons)
  2. Germany (2.0 tons)

Imports of Wool; Wool Tops and Other Combed Wool, in Fragments in the United States

In 2022, supplies from abroad of wool; wool tops and other combed wool, in fragmentses was finally on the rise to reach 16 tons after two years of decline. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; wool tops and other combed wool, in fragmentses soared to $277K in 2022. Over the period under review, imports, however, saw a deep reduction.

Import of Wool; Wool Tops and Other Combed Wool, in Fragments in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy64.610512112424.3%
TurkeyN/AN/A4.984.01614.3%
Belgium15.568.827.156.053.4%
Peru4.821.515.66.39.5%
Germany8.64.33.75.5-13.8%
United Kingdom72.715.56.40.3-84.0%
India205N/A0.6N/A-94.6%
Others2.614.0N/A0.8-32.5%
Total374229179277-9.5%

Top Suppliers of Wool; Wool Tops and Other Combed Wool, in Fragments to the United States in 2022:

  1. Turkey (8.1 tons)
  2. Italy (3.8 tons)
  3. Belgium (3.3 tons)
  4. Germany (0.4 tons)
  5. Peru (0.3 tons)

Source: IndexBox Market Intelligence Platform

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