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

Contents:

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

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

In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $7,689 per ton, rising by 17% against the previous year. In general, the export price, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2017 an increase of 29% against the previous year. The export price peaked at $10,290 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -2.9% per year.

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

The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $7,339 per ton in 2022, dropping by -16.5% against the previous year. Overall, the import price saw a pronounced decrease. The pace of growth was the most pronounced in 2018 an increase of 25%. Over the period under review, average import prices hit record highs at $11,776 per ton in 2013; however, from 2014 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 Argentina ($9,190 per ton), while the price for Russia ($5,011 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Belarus

In 2022, exports of wool; wool tops and other combed wool, other than in fragmentses from Belarus skyrocketed to 206 tons, rising by 24% against the previous year. In general, exports, however, recorded a abrupt slump.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses soared to $1.6M in 2022. Over the period under review, exports, however, continue to indicate a deep slump.

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

1. Russia (205.8 tons)

Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Belarus

In 2022, overseas purchases of wool; wool tops and other combed wool, other than in fragmentses decreased by -55.2% to 201 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of 4.6% against the previous year. As a result, imports attained the peak of 603 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses reduced dramatically to $1.5M in 2022. In general, imports recorded a dramatic decline. The smallest decline of -13.6% was in 2020.

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

1. Russia (80.2 tons)
2. Argentina (79.6 tons)
3. Uruguay (29.7 tons)
4. India (11.3 tons)

Source: IndexBox Market Intelligence Platform