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

Contents:

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

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

In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $14,929 per ton, with a decrease of -8.1% against the previous year. In general, the import price, however, continues to indicate mild growth. The pace of growth was the most pronounced in 2020 an increase of 42%. The import price peaked at $16,241 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($17,909 per ton), while the price for Free Zones totaled $4,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+25.8%).

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

Imports of wool; wool tops and other combed wool, other than in fragmentses into Panama dropped notably to 14 kg in 2022, falling by -93.5% on 2021. Over the period under review, imports recorded a sharp shrinkage. The smallest decline of -11.1% was in 2020.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses dropped rapidly to $209 in 2022. Overall, imports continue to indicate a sharp reduction. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year.

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

1. Chile (11.0 kg)
2. Free Zones (3.0 kg)

Source: IndexBox Market Intelligence Platform