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

Contents:

  1. Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Colombia (CIF) - 2022
  2. Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Colombia

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

The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $2,480 per ton in 2022, shrinking by -32.3% against the previous year. In general, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2018 an increase of 18%. Over the period under review, average import prices attained the peak figure at $14,686 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($3,956 per ton), while the price for the UK ($775 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-10.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of wool; wool tops and other combed wool, other than in fragmentses imported into Colombia soared to 7.6 tons, increasing by 30% on the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses contracted to $19K in 2022. Overall, imports, however, continue to indicate a sharp curtailment.

Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina30.021.017.315.2-20.3%
United Kingdom4.93.42.92.6-19.0%
Uruguay1.00.70.60.6-15.7%
Peru0.90.50.40.4-23.7%
China0.10.20.20.226.0%
Others0.2N/AN/AN/A0%
Total37.125.921.518.9-20.1%

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

  1. Argentina (3.8 tons)
  2. United Kingdom (3.3 tons)
  3. Uruguay (0.2 tons)
  4. Peru (0.2 tons)
  5. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

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