Wool; Carded Price in Colombia - 2022

Contents:

1. Wool; Carded Price in Colombia (CIF) - 2022
2. Wool; Carded Imports in Colombia

Wool; Carded Price in Colombia (CIF) - 2022

In 2022, the average wool; carded import price amounted to $3,075 per ton, with an increase of 59% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. Over the period under review, average import prices hit record highs at $6,857 per ton in 2013; however, from 2014 to 2022, import prices stood 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 Italy ($28,000 per ton), while the price for China totaled $306 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-8.7%), while the prices for the other major suppliers experienced a decline.

Wool; Carded Imports in Colombia

In 2022, imports of wool; carded into Colombia reduced remarkably to 40 kg, with a decrease of -68.3% on 2021 figures. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 3,050%. As a result, imports reached the peak of 126 kg, and then contracted remarkably in the following year.

In value terms, wool; carded imports fell sharply to $123 in 2022. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 3,967% against the previous year. As a result, imports attained the peak of $244, and then reduced markedly in the following year.

Top Suppliers of Wool; Carded to Colombia in 2022:

1. China (36.0 kg)
2. Italy (2.0 kg)

Source: IndexBox Market Intelligence Platform