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

Contents:

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

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

In 2022, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $5,436 per ton, approximately equating the previous year. Overall, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 149% against the previous year. The export price peaked at $6,404 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +8.9% per year.

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

In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $6,500 per ton, picking up by 41% against the previous year. In general, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of 227% against the previous year. As a result, import price reached the peak level of $22,600 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($8,333 per ton), while the price for the UK amounted to $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%).

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

In 2022, approx. 39 kg of wool; wool tops and other combed wool, other than in fragmentses were exported from Uganda; increasing by 30% on the previous year's figure. In general, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 50%.

In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses soared to $212 in 2022. Overall, exports, however, saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year.

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

1. Rwanda (39.0 kg)

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

In 2022, the amount of wool; wool tops and other combed wool, other than in fragmentses imported into Uganda fell dramatically to 4 kg, with a decrease of -20% against the previous year's figure. In general, imports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses rose notably to $26 in 2022. Over the period under review, imports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.

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

1. China (3.0 kg)
2. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform