Price for Wool, Not Carded or Combed in Brazil - 2023
Contents:
- Price for Wool, Not Carded or Combed in Brazil (FOB) - 2023
- Price for Wool, Not Carded or Combed in Brazil (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Brazil
- Imports of Wool, Not Carded or Combed in Brazil
Price for Wool, Not Carded or Combed in Brazil (FOB) - 2023
In August 2023, the average export price for wool, not carded or combed amounted to $1,916 per ton, with an increase of 61% against the previous month. In general, the export price, however, recorded a abrupt slump. The export price peaked at $4,290 per ton in August 2022; however, from September 2022 to August 2023, 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 Uruguay.
From August 2022 to August 2023, the rate of growth in terms of prices for Uruguay amounted to -6.5% per month.
Price for Wool, Not Carded or Combed in Brazil (CIF) - 2022
The average import price for wool, not carded or combed stood at $5,099 per ton in 2022, picking up by 9.8% against the previous year. Overall, the import price, however, saw a slight curtailment. The growth pace was the most rapid in 2021 an increase of 54%. The import price peaked at $5,972 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($5,445 per ton), while the price for Uruguay amounted to $5,089 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.5%).
Exports of Wool, Not Carded or Combed in Brazil
Wool, not carded or combed exports from Brazil dropped markedly to 3.7K tons in 2022, falling by -36.4% compared with the year before. In general, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 14%.
In value terms, wool, not carded or combed exports contracted significantly to $10M in 2022. Overall, exports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 10%.
| Export of Wool, Not Carded or Combed in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 23.9 | 14.3 | 15.8 | 9.6 | -26.2% |
| Bulgaria | 0.5 | 0.7 | 0.6 | 0.4 | -7.2% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 24.6 | 15.0 | 16.5 | 10.0 | -25.9% |
Top Export Markets for Wool, Not Carded or Combed from Brazil in 2022:
- Uruguay (3.6K tons)
- Bulgaria (0.1K tons)
Imports of Wool, Not Carded or Combed in Brazil
In 2022, purchases abroad of wool, not carded or combed increased by 83% to 101 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a precipitous decrease.
In value terms, wool, not carded or combed imports skyrocketed to $514K in 2022. Overall, imports, however, saw a dramatic slump.
| Import of Wool, Not Carded or Combed in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 937 | 356 | 237 | 499 | -18.9% |
| Argentina | 832 | 199 | 19.5 | 15.6 | -73.4% |
| Serbia | 39.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,808 | 555 | 257 | 514 | -34.2% |
Top Suppliers of Wool, Not Carded or Combed to Brazil in 2022:
- Uruguay (98.0 tons)
- Argentina (2.9 tons)
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