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

Contents:

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

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

The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $16,724 per ton in 2022, surging by 14% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 55% against the previous year. Over the period under review, average import prices hit record highs at $38,734 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -4.2% per year.

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

The average export price for wool; wool tops and other combed wool, other than in fragmentses stood at $22,100 per ton in 2022, picking up by 135% against the previous year. In general, the export price, however, saw a noticeable downturn. The export price peaked at $35,105 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($23,200 per ton), while the average price for exports to Macao SAR stood at $22,062 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+16.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of wool; wool tops and other combed wool, other than in fragmentses decreased by -51.7% to 3.2 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 771% against the previous year.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses shrank significantly to $53K in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 722%.

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

1. United Kingdom (3.0 tons)

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

In 2022, shipments abroad of wool; wool tops and other combed wool, other than in fragmentses was finally on the rise to reach 150 kg after two years of decline. In general, exports, however, showed a precipitous curtailment.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses skyrocketed to $3.3K in 2022. Overall, exports, however, continue to indicate a dramatic decrease.

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

1. Macao SAR (145.0 kg)
2. United States (5.0 kg)

Source: IndexBox Market Intelligence Platform