Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the United States - 2024

Contents:

  1. Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the United States (FOB) - 2022
  2. Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the United States (CIF) - 2024
  3. Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the United States
  4. Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the United States

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

In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $15,189 per ton, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2014 an increase of 27% against the previous year. As a result, the export price reached the peak level of $16,346 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($15,428 per ton), while the average price for exports to the UK ($4,694 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 Canada (+11.1%), 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 United States (CIF) - 2024

The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $13,594 per ton in June 2024, increasing by 94% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 294% m-o-m. As a result, import price reached the peak level of $39,056 per ton. From September 2023 to June 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Peru ($68,872 per ton), while the price for Belgium ($6,837 per ton) was amongst the lowest.

From June 2023 to June 2024, the most notable rate of growth in terms of prices was attained by Uruguay (+19.9%), 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 United States

In 2022, approx. 346 tons of wool; wool tops and other combed wool, other than in fragmentses were exported from the United States; shrinking by -2.3% on the previous year's figure. Overall, exports saw a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 34%.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses contracted modestly to $5.3M in 2022. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 38%.

Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico6.93.85.35.1-9.6%
Canada0.10.10.10.10.0%
Others0.10.10.1N/A0.0%
Total7.14.05.55.3-9.3%

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

  1. Mexico (330.4 tons)
  2. Canada (12.6 tons)

Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the United States

In 2022, overseas purchases of wool; wool tops and other combed wool, other than in fragmentses were finally on the rise to reach 487 tons after two years of decline. In general, imports, however, showed a deep reduction.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses rose remarkably to $4.8M in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.

Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay3671851,1041,75568.5%
United Kingdom2,5541,2661,5061,041-25.9%
Argentina58442112686514.0%
Spain15.610.25.7502218.1%
Czech Republic481N/A186143-33.3%
China10.54.819561.780.5%
Turkey42.313611336.2-5.1%
Australia55386516.826.7-63.6%
New Zealand1,5538826331.4-90.3%
Malaysia359178N/AN/A-50.4%
Others457365467340-9.4%
Total6,9774,3134,3524,772-11.9%

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

  1. Uruguay (161.5 tons)
  2. United Kingdom (95.0 tons)
  3. Spain (92.2 tons)
  4. Argentina (92.0 tons)
  5. Czech Republic (14.0 tons)
  6. Turkey (11.6 tons)
  7. China (7.3 tons)
  8. Australia (2.9 tons)
  9. New Zealand (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Wool; wool tops and other combed wool, other than in fragments - United States