Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Russia - 2022
Contents:
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Russia (CIF) - 2022
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Russia (FOB) - 2022
- Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Russia
- Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Russia
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Russia (CIF) - 2022
In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $8,426 per ton, with an increase of 5% against the previous year. In general, the import price, however, saw a noticeable setback. The growth pace was the most rapid in 2017 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $10,341 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 Germany ($11,698 per ton), while the price for Mongolia ($2,847 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Russia (FOB) - 2022
The average export price for wool; wool tops and other combed wool, other than in fragmentses stood at $25,850 per ton in 2022, increasing by 373% against the previous year. In general, the export price posted resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($136,000 per ton), while the average price for exports to Estonia ($9,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+7.4%), 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 Russia
In 2022, the amount of wool; wool tops and other combed wool, other than in fragmentses imported into Russia contracted dramatically to 278 tons, reducing by -54.4% compared with 2021. Overall, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 20%.
In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses dropped remarkably to $2.3M in 2022. Over the period under review, imports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 8.1% against the previous year.
| Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 909 | 925 | 611 | 1,716 | 23.6% |
| Germany | 1,844 | 1,754 | 2,456 | 300 | -45.4% |
| Mongolia | 7.2 | 52.3 | 178 | 133 | 164.3% |
| United Kingdom | N/A | N/A | N/A | 95.1 | 0% |
| Lithuania | 29.4 | 0.8 | 1.2 | 64.3 | 29.8% |
| Poland | N/A | N/A | N/A | 21.0 | 0% |
| Bulgaria | 1,913 | 617 | N/A | N/A | -67.7% |
| Uruguay | N/A | N/A | 450 | N/A | 0% |
| Belarus | 2,488 | 1,173 | 1,083 | N/A | -34.0% |
| Others | 109 | 1.9 | 113 | 11.7 | -52.5% |
| Total | 7,300 | 4,524 | 4,892 | 2,341 | -31.6% |
Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to Russia in 2022:
- China (176.2 tons)
- Mongolia (46.8 tons)
- Germany (25.6 tons)
- United Kingdom (13.4 tons)
- Lithuania (8.5 tons)
- Poland (5.0 tons)
Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Russia
In 2022, overseas shipments of wool; wool tops and other combed wool, other than in fragmentses decreased by 99.9% to 40 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. As a result, the exports attained the peak of 263 tons, and then dropped markedly in the following year.
In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses plummeted to $1K in 2022. Over the period under review, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports reached the peak of $1.4M, and then dropped markedly in the following year.
| Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 0.4 | 0.2 | 0.5 | 0.9 | 31.0% |
| Netherlands | N/A | N/A | N/A | 0.1 | 0% |
| Bulgaria | N/A | 86.7 | 355 | N/A | 309.5% |
| Germany | 111 | 29.7 | N/A | N/A | -73.2% |
| Estonia | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Italy | 7.8 | N/A | 51.9 | N/A | 158.0% |
| Belarus | 1,051 | 1,138 | 1,030 | N/A | -1.0% |
| Others | 0.4 | 0.5 | 0.8 | N/A | 41.4% |
| Total | 1,171 | 1,255 | 1,438 | 1.0 | -90.5% |
Top Export Markets for Wool; Wool Tops and Other Combed Wool, Other than in Fragments from Russia in 2022:
- Kazakhstan (37.0 kg)
- Estonia (2.0 kg)
- Netherlands (1.0 kg)
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