Price for Wool; (Not Carded or Combed), Carbonised in Ireland - 2023

Contents:

1. Price for Wool; (Not Carded or Combed), Carbonised in Ireland (CIF) - 2022
2. Price for Wool; (Not Carded or Combed), Carbonised in Ireland (FOB) - 2022
3. Imports of Wool; (Not Carded or Combed), Carbonised in Ireland
4. Exports of Wool; (Not Carded or Combed), Carbonised in Ireland

Price for Wool; (Not Carded or Combed), Carbonised in Ireland (CIF) - 2022

The average import price for wool; (not carded or combed), carbonised stood at $7,176 per ton in 2022, with a decrease of -12.7% against the previous year. In general, the import price, however, recorded a strong expansion. The growth pace was the most rapid in 2021 when the average import price increased by 206%. As a result, import price reached the peak level of $8,221 per ton, and then dropped in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($7,863 per ton), while the price for Australia ($6,644 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.8%), while the prices for the other major suppliers experienced a decline.

Price for Wool; (Not Carded or Combed), Carbonised in Ireland (FOB) - 2022

In 2021, the average export price for wool; (not carded or combed), carbonised amounted to $24,100 per ton, waning by -3.2% against the previous year. Overall, the export price recorded a pronounced decline. The growth pace was the most rapid in 2020 when the average export price decreased by -2.5%. The export price peaked at $25,538 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

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

From 2019 to 2021, the rate of growth in terms of prices for the United States amounted to +670.5% per year.

Imports of Wool; (Not Carded or Combed), Carbonised in Ireland

Imports of wool; (not carded or combed), carbonised into Ireland skyrocketed to 15 tons in 2022, rising by 1,281% on 2021. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool; (not carded or combed), carbonised surged to $107K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,673% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Wool; (Not Carded or Combed), Carbonised to Ireland in 2022:

1. Australia (6.4 tons)
2. New Zealand (4.3 tons)
3. United Kingdom (4.2 tons)

Exports of Wool; (Not Carded or Combed), Carbonised in Ireland

In 2021, the amount of wool; (not carded or combed), carbonised exported from Ireland fell markedly to 10 kg, reducing by -94.6% compared with 2020 figures. Overall, exports faced a dramatic curtailment. The smallest decline of -47.9% was in 2020.

In value terms, exports of wool; (not carded or combed), carbonised fell significantly to $241 in 2021. Over the period under review, exports continue to indicate a dramatic shrinkage. The smallest decline of -49.2% was in 2020.

Top Export Markets for Wool; (Not Carded or Combed), Carbonised from Ireland in 2022:

1. United States (10.0 kg)

Source: IndexBox Market Intelligence Platform