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

Contents:

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

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

The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $4,102 per ton in 2022, surging by 95% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. Over the period under review, average import prices hit record highs at $17,023 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +15.2% per year.

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

In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $3,717 per ton, with a decrease of -24.3% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 191% against the previous year. Over the period under review, the average export prices hit record highs at $8,500 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2012 to 2022, the rate of growth in terms of prices for Malawi amounted to +90.6% per year.

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

Imports of wool; wool tops and other combed wool, other than in fragmentses into Tanzania skyrocketed to 3.3 tons in 2022, growing by 214% against the previous year. Overall, imports recorded a significant increase. As a result, imports attained 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 skyrocketed to $14K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (3.3 tons)

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

In 2022, exports of wool; wool tops and other combed wool, other than in fragmentses from Tanzania skyrocketed to 448 kg, with an increase of 215% on the year before. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 238%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses skyrocketed to $1.7K in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Namibia (448.0 kg)

Source: IndexBox Market Intelligence Platform