Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Turkey - 2024
Contents:
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Turkey (CIF) - 2024
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Turkey (FOB) - 2022
- Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Turkey
- Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Turkey
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Turkey (CIF) - 2024
In May 2024, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $7,299 per ton, reducing by -15.7% against the previous month. Overall, the import price showed a slight downturn. The pace of growth was the most pronounced in February 2024 when the average import price increased by 32% month-to-month. Over the period under review, average import prices attained the peak figure at $9,308 per ton in September 2023; however, from October 2023 to May 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($11,430 per ton), while the price for Uruguay ($3,462 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Turkey (FOB) - 2022
The average export price for wool; wool tops and other combed wool, other than in fragmentses stood at $9,722 per ton in 2022, picking up by 75% against the previous year. Over the period under review, the export price recorded noticeable growth. The export price peaked at $11,847 per ton in 2019; however, from 2020 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 India ($19,425 per ton), while the average price for exports to Serbia ($4,099 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 India (+393.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Turkey
In 2022, imports of wool; wool tops and other combed wool, other than in fragmentses into Turkey surged to 9.1K tons, increasing by 28% against the previous year. The total import volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 surged to $82M in 2022. Overall, imports saw a slight expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.7 | 19.4 | 16.4 | 35.8 | 5.3% |
| Czech Republic | 23.4 | 16.4 | 19.6 | 15.9 | -12.1% |
| Argentina | 14.8 | 12.9 | 8.1 | 15.7 | 2.0% |
| Uruguay | 8.8 | 4.9 | 8.0 | 8.9 | 0.4% |
| Egypt | N/A | 0.9 | 0.6 | 2.3 | 59.9% |
| Bulgaria | 0.9 | 0.5 | 1.6 | 1.6 | 21.1% |
| Others | 0.8 | 0.2 | 1.6 | 1.5 | 23.3% |
| Total | 79.5 | 55.1 | 55.8 | 81.8 | 1.0% |
Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to Turkey in 2022:
- China (2.9K tons)
- Czech Republic (2.2K tons)
- Argentina (2.0K tons)
- Uruguay (1.6K tons)
- Egypt (0.2K tons)
- Bulgaria (0.2K tons)
Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Turkey
In 2022, overseas shipments of wool; wool tops and other combed wool, other than in fragmentses decreased by -10.9% to 90 tons, falling for the second year in a row after two years of growth. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 46%. As a result, the exports reached the peak of 200 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses surged to $877K in 2022. In general, exports saw a deep reduction.
| Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkmenistan | 359 | 0.5 | N/A | 327 | -3.1% |
| Tajikistan | N/A | N/A | N/A | 277 | 0% |
| United States | 82.7 | 129 | 199 | 79.8 | -1.2% |
| Uzbekistan | 17.8 | N/A | N/A | 74.4 | 61.1% |
| Serbia | 0.2 | 0.1 | N/A | 52.9 | 541.9% |
| Egypt | 165 | 109 | 363 | 44.9 | -35.2% |
| India | N/A | 79.5 | N/A | 20.0 | -49.8% |
| Azerbaijan | N/A | 494 | N/A | N/A | 0% |
| Iran | 902 | N/A | N/A | N/A | 0% |
| Others | 100 | 15.7 | N/A | 2.1 | -72.4% |
| Total | 1,628 | 828 | 562 | 877 | -18.6% |
Top Export Markets for Wool; Wool Tops and Other Combed Wool, Other than in Fragments from Turkey in 2022:
- Turkmenistan (25.2 tons)
- Tajikistan (24.4 tons)
- Serbia (12.9 tons)
- United States (11.9 tons)
- Egypt (10.0 tons)
- Uzbekistan (4.6 tons)
- India (1.0 tons)
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This report provides an in-depth analysis of the combed wool market in Turkey.
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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 Turkey.
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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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