Wool; Carded Price in Italy - 2023
Contents:
- Wool; Carded Price in Italy (FOB) - 2022
- Wool; Carded Price in Italy (CIF) - 2022
- Wool; Carded Exports in Italy
- Wool; Carded Imports in Italy
Wool; Carded Price in Italy (FOB) - 2022
The average wool; carded export price stood at $14,365 per ton in 2022, picking up by 90% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the peak figure at $15,003 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($30,450 per ton), while the average price for exports to Ukraine ($794 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 (+60.6%), while the prices for the other major destinations experienced more modest paces of growth.
Wool; Carded Price in Italy (CIF) - 2022
The average wool; carded import price stood at $13,952 per ton in 2022, rising by 44% against the previous year. Over the period under review, the import price continues to indicate a temperate increase. The growth pace was the most rapid in 2018 when the average import price increased by 85% against the previous year. As a result, import price attained the peak level of $16,596 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($17,227 per ton), while the price for Kazakhstan ($1,053 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+54.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Wool; Carded Exports in Italy
In 2022, the amount of wool; carded exported from Italy shrank significantly to 59 tons, with a decrease of -57.7% against 2021. In general, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 134%.
In value terms, wool; carded exports reduced rapidly to $854K in 2022. Over the period under review, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year.
| Export of Wool; Carded in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 424 | 32.3 | 0.1 | 223 | -19.3% |
| United States | 103 | 40.9 | 41.5 | 89.5 | -4.6% |
| Turkey | 18.2 | 211 | 68.5 | 85.6 | 67.5% |
| United Kingdom | 155 | 195 | 215 | 73.2 | -22.1% |
| Lithuania | N/A | 27.1 | 61.5 | 66.2 | 56.3% |
| Bangladesh | N/A | N/A | 50.9 | 37.3 | -26.7% |
| Peru | 12.1 | 3.0 | 17.8 | 33.3 | 40.1% |
| Germany | 387 | 60.1 | 54.9 | 22.1 | -61.5% |
| Canada | 38.2 | 31.3 | 4.2 | 20.8 | -18.3% |
| Ukraine | N/A | 14.3 | 80.8 | 16.5 | 7.4% |
| Romania | 1,277 | 84.6 | 38.8 | 2.5 | -87.5% |
| North Macedonia | 94.1 | N/A | 19.6 | N/A | -54.4% |
| Egypt | N/A | N/A | 42.2 | N/A | 0% |
| Others | 308 | 117 | 369 | 183 | -15.9% |
| Total | 2,817 | 816 | 1,065 | 854 | -32.8% |
Top Export Markets for Wool; Carded from Italy in 2022:
- Ukraine (20.8 tons)
- Turkey (8.4 tons)
- Bulgaria (8.4 tons)
- Lithuania (4.6 tons)
- United States (2.9 tons)
- United Kingdom (2.5 tons)
- Bangladesh (1.8 tons)
- Peru (1.4 tons)
- Germany (1.3 tons)
- Canada (0.9 tons)
- Romania (0.2 tons)
Wool; Carded Imports in Italy
After three years of growth, overseas purchases of wool; carded decreased by -9.4% to 81 tons in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 364% against the previous year. As a result, imports attained the peak of 89 tons, and then dropped in the following year.
In value terms, wool; carded imports skyrocketed to $1.1M in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 324% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Wool; Carded in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.7 | 5.9 | 752 | 763 | 213.8% |
| Spain | 5.3 | 0.1 | N/A | 155 | 208.1% |
| Czech Republic | 46.4 | 52.7 | 81.8 | 146 | 46.5% |
| Russia | N/A | N/A | N/A | 36.0 | 0% |
| United Kingdom | 19.9 | 90.9 | 8.4 | 17.0 | -5.1% |
| Kazakhstan | N/A | N/A | N/A | 1.4 | 0% |
| Bulgaria | 148 | N/A | N/A | N/A | 0% |
| Ukraine | N/A | 13.2 | 15.3 | N/A | 15.9% |
| Others | 17.3 | 40.7 | 5.4 | 9.4 | -18.4% |
| Total | 262 | 204 | 862 | 1,127 | 62.6% |
Top Suppliers of Wool; Carded to Italy in 2022:
- China (44.3 tons)
- Spain (13.8 tons)
- Czech Republic (9.3 tons)
- Russia (7.9 tons)
- United Kingdom (3.6 tons)
- Kazakhstan (1.3 tons)
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