Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Italy - 2024
Contents:
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Italy (CIF) - 2024
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Italy (FOB) - 2024
- Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Italy
- Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Italy
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Italy (CIF) - 2024
In April 2024, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $11,651 per ton, declining by -7.8% against the previous month. Overall, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 17% month-to-month. The import price peaked at $14,952 per ton in April 2023; however, from May 2023 to April 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($13,774 per ton), while the price for India ($3,115 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Argentina (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Italy (FOB) - 2024
In April 2024, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $14,924 per ton, declining by -3.2% against the previous month. Overall, the export price saw a pronounced reduction. The growth pace was the most rapid in March 2024 an increase of 118% month-to-month. The export price peaked at $20,358 per ton in April 2023; however, from May 2023 to April 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In April 2024, the country with the highest price was South Africa ($20,639 per ton), while the average price for exports to the UK ($3,464 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Italy
Imports of wool; wool tops and other combed wool, other than in fragmentses into Italy soared to 27K tons in 2022, growing by 26% compared with the previous year. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +92.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 53%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses skyrocketed to $349M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.8% 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 +98.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 140 | 63.4 | 59.5 | 113 | -6.9% |
| Germany | 21.6 | 25.2 | 53.8 | 64.4 | 43.9% |
| Czech Republic | 44.4 | 24.0 | 44.8 | 59.8 | 10.4% |
| Egypt | 16.6 | 9.5 | 16.2 | 27.2 | 17.9% |
| Bulgaria | 22.0 | 13.3 | 14.6 | 24.3 | 3.4% |
| Uruguay | 6.9 | 5.1 | 17.8 | 22.7 | 48.7% |
| Argentina | 13.4 | 8.6 | 11.4 | 19.0 | 12.3% |
| United Kingdom | 4.4 | 8.5 | 5.6 | 4.3 | -0.8% |
| Others | 25.3 | 17.8 | 22.8 | 14.0 | -17.9% |
| Total | 295 | 175 | 246 | 349 | 5.8% |
Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to Italy in 2022:
- China (6.4K tons)
- Germany (5.0K tons)
- Czech Republic (4.8K tons)
- Uruguay (2.4K tons)
- Egypt (2.0K tons)
- Bulgaria (1.7K tons)
- Argentina (1.5K tons)
- United Kingdom (1.2K tons)
Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Italy
In 2022, exports of wool; wool tops and other combed wool, other than in fragmentses from Italy soared to 10K tons, picking up by 21% compared with the previous year's figure. Overall, total exports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses surged to $153M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern.
| Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 52.3 | 37.2 | 38.5 | 44.6 | -5.2% |
| Czech Republic | 41.2 | 18.6 | 20.5 | 39.6 | -1.3% |
| Bulgaria | 30.1 | 12.3 | 13.4 | 17.9 | -15.9% |
| Portugal | 6.3 | 5.8 | 10.9 | 13.6 | 29.2% |
| Poland | 9.1 | 5.2 | 14.3 | 12.8 | 12.0% |
| Germany | 6.4 | 2.9 | 3.4 | 9.8 | 15.3% |
| Canada | 0.9 | 1.5 | 4.6 | 4.8 | 74.7% |
| Others | 8.5 | 7.7 | 12.1 | 10.2 | 6.3% |
| Total | 155 | 91.2 | 118 | 153 | -0.4% |
Top Export Markets for Wool; Wool Tops and Other Combed Wool, Other than in Fragments from Italy in 2022:
- Romania (2.9K tons)
- Czech Republic (2.2K tons)
- Portugal (1.1K tons)
- Bulgaria (1.0K tons)
- Poland (0.7K tons)
- Germany (0.7K tons)
- Canada (0.5K tons)
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This report provides an in-depth analysis of the combed wool market in Italy.
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Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
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This report provides an in-depth analysis of the combed wool market in Italy.
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Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
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