Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the UK - 2024
Contents:
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the UK (FOB) - 2022
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the UK (CIF) - 2022
- Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the UK
- Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the UK
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the UK (FOB) - 2022
In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $3,623 per ton, surging by 21% against the previous year. In general, the export price, however, recorded a abrupt setback. Over the period under review, the average export prices hit record highs at $7,580 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($9,705 per ton), while the average price for exports to China ($1,236 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 Finland (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the UK (CIF) - 2022
In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $5,672 per ton, reducing by -17.7% against the previous year. Overall, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 31% against the previous year. The import price peaked at $11,878 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($20,604 per ton), while the price for France ($604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the UK
In 2022, exports of wool; wool tops and other combed wool, other than in fragmentses from the UK declined rapidly to 4K tons, which is down by -52.9% compared with 2021 figures. Over the period under review, exports showed a sharp contraction. The growth pace was the most rapid in 2021 when exports increased by 11% against the previous year.
In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses fell sharply to $15M in 2022. Overall, exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year.
| Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.6 | 5.5 | 5.4 | 4.8 | -10.1% |
| Spain | 0.2 | 0.1 | 3.9 | 3.1 | 149.3% |
| China | 10.0 | 6.0 | 6.1 | 1.3 | -49.3% |
| United States | 2.2 | 1.0 | 1.2 | 0.9 | -25.8% |
| Finland | 0.6 | 0.7 | 0.8 | 0.8 | 10.1% |
| Lithuania | N/A | 0.1 | 0.1 | 0.7 | 164.6% |
| Germany | 0.5 | 0.6 | 1.0 | 0.4 | -7.2% |
| Romania | 3.5 | 0.2 | 0.3 | 0.3 | -55.9% |
| Norway | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Thailand | 1.5 | 1.1 | 1.0 | 0.3 | -41.5% |
| India | 3.6 | 1.5 | 2.0 | 0.2 | -61.8% |
| Bulgaria | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Japan | 1.5 | 0.8 | 1.0 | 0.1 | -59.5% |
| Others | 2.4 | 2.3 | 2.5 | 1.1 | -22.9% |
| Total | 32.7 | 20.2 | 25.6 | 14.6 | -23.6% |
Top Export Markets for Wool; Wool Tops and Other Combed Wool, Other than in Fragments from the UK in 2022:
- Italy (1291.2 tons)
- China (1062.1 tons)
- Spain (550.9 tons)
- Thailand (151.4 tons)
- India (150.3 tons)
- United States (120.9 tons)
- Lithuania (103.6 tons)
- Finland (86.8 tons)
- Germany (76.7 tons)
- Romania (72.8 tons)
- Bulgaria (65.8 tons)
- Norway (63.6 tons)
- Japan (18.2 tons)
Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the UK
In 2022, purchases abroad of wool; wool tops and other combed wool, other than in fragmentses increased by 109% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt downturn.
In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses soared to $9.4M in 2022. In general, imports, however, saw a abrupt decrease.
| Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 5,026 | 3,406 | N/A | 3,605 | -10.5% |
| China | 1,016 | 653 | 582 | 1,539 | 14.8% |
| Uruguay | 447 | 174 | 1,470 | 1,244 | 40.7% |
| Italy | 1.1 | 105 | 275 | 1,089 | 896.7% |
| New Zealand | 2,550 | 27.3 | 136 | 432 | -44.7% |
| Bulgaria | N/A | N/A | 208 | 369 | 77.4% |
| Australia | 436 | 394 | 1,772 | 299 | -11.8% |
| Argentina | 72.0 | 16.4 | 204 | 299 | 60.7% |
| France | 181 | 115 | 166 | 124 | -11.8% |
| India | 1,235 | 377 | 127 | 61.6 | -63.2% |
| Chile | 537 | 352 | N/A | N/A | -34.5% |
| Malaysia | 372 | 376 | 104 | N/A | -47.1% |
| Others | 556 | 608 | 420 | 336 | -15.5% |
| Total | 12,429 | 6,603 | 5,464 | 9,399 | -8.9% |
Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to the UK in 2022:
- Czech Republic (775.1 tons)
- Uruguay (260.1 tons)
- France (205.3 tons)
- Bulgaria (104.8 tons)
- Italy (81.4 tons)
- China (76.4 tons)
- Argentina (56.1 tons)
- New Zealand (21.0 tons)
- Australia (18.5 tons)
- India (12.2 tons)
273
This report provides an in-depth analysis of the combed wool market in the UK.
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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 the UK.
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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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