Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Uruguay - 2023
Contents:
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Uruguay (FOB) - 2023
- Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Uruguay (CIF) - 2023
- Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Uruguay
- Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Uruguay
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Uruguay (FOB) - 2023
In December 2023, the average export price for wool; wool tops and other combed wool, other than in fragmentses amounted to $7,221 per ton, picking up by 1.6% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 16% m-o-m. Over the period under review, the average export prices hit record highs at $8,945 per ton in May 2023; however, from June 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($13,440 per ton), while the average price for exports to the UK ($3,408 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Uruguay (CIF) - 2023
The average import price for wool; wool tops and other combed wool, other than in fragmentses stood at $5,493 per ton in November 2023, increasing by 170% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $68,100 per ton in August 2023; however, from September 2023 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -0.8% per month.
Exports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Uruguay
In 2022, exports of wool; wool tops and other combed wool, other than in fragmentses from Uruguay expanded rapidly to 12K tons, increasing by 7.1% on the previous year. In general, exports, however, saw a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 72% against the previous year.
In value terms, exports of wool; wool tops and other combed wool, other than in fragmentses expanded significantly to $95M in 2022. Overall, exports, however, saw a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 71%.
| Export of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.9 | 15.7 | 26.8 | 25.8 | 4.1% |
| Italy | 6.8 | 8.2 | 19.8 | 24.0 | 52.3% |
| Turkey | 6.8 | 5.3 | 7.0 | 8.4 | 7.3% |
| Poland | 1.1 | N/A | 2.4 | 4.7 | 62.3% |
| Mexico | 2.4 | 0.2 | 5.6 | 4.0 | 18.6% |
| Mauritius | 1.3 | 0.8 | 3.5 | 3.6 | 40.4% |
| Spain | 0.3 | 0.9 | 1.4 | 2.8 | 110.5% |
| United Arab Emirates | 0.8 | 0.9 | 1.9 | 2.1 | 37.9% |
| China | 43.7 | 8.1 | 4.8 | 1.9 | -64.8% |
| United Kingdom | 0.5 | 0.3 | 1.5 | 1.6 | 47.4% |
| Japan | 3.2 | 1.3 | 1.0 | 1.6 | -20.6% |
| United States | 0.2 | 0.1 | 0.9 | 1.3 | 86.6% |
| Austria | N/A | N/A | 0.3 | 1.2 | 300.0% |
| Others | 17.9 | 10.4 | 12.2 | 12.0 | -12.5% |
| Total | 108 | 52.3 | 89.2 | 95.0 | -4.2% |
Top Export Markets for Wool; Wool Tops and Other Combed Wool, Other than in Fragments from Uruguay in 2022:
- Germany (3145.7 tons)
- Italy (2457.7 tons)
- Turkey (1624.9 tons)
- Spain (605.6 tons)
- United Arab Emirates (550.2 tons)
- Mauritius (333.6 tons)
- Poland (323.3 tons)
- United Kingdom (315.8 tons)
- Mexico (300.5 tons)
- Japan (272.1 tons)
- Austria (241.2 tons)
- United States (226.0 tons)
- China (185.0 tons)
Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Uruguay
In 2022, after two years of decline, there was growth in supplies from abroad of wool; wool tops and other combed wool, other than in fragmentses, when their volume increased by 4.6% to 49 tons. Overall, imports, however, saw a pronounced decrease.
In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses declined modestly to $333K in 2022. Over the period under review, imports, however, continue to indicate a deep setback.
| Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | 142 | 319 | 211 | 21.9% |
| China | 196 | 70.9 | 0.1 | 121 | -14.9% |
| Germany | N/A | 114 | 0.2 | 0.3 | -94.9% |
| Bulgaria | 117 | N/A | N/A | N/A | 0% |
| Argentina | N/A | 23.8 | 16.9 | N/A | -29.0% |
| Others | 165 | 0.1 | N/A | N/A | -99.9% |
| Total | 478 | 351 | 336 | 333 | -11.4% |
Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to Uruguay in 2022:
- Malaysia (29.1 tons)
- China (20.0 tons)
- Germany (0.1 tons)
576
Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
576
Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
Nothing found. Please try again.
