Price for Wool; (Not Carded or Combed), Carbonised in the UK - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Carbonised in the UK (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Carbonised in the UK (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Carbonised in the UK
- Exports of Wool; (Not Carded or Combed), Carbonised in the UK
Price for Wool; (Not Carded or Combed), Carbonised in the UK (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), carbonised amounted to $7,486 per ton, falling by -22.2% against the previous year. Over the period under review, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 114%. As a result, import price attained the peak level of $18,924 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 Canada ($10,621 per ton), while the price for Belgium ($1,816 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+42.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wool; (Not Carded or Combed), Carbonised in the UK (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), carbonised amounted to $10,694 per ton, shrinking by -3.7% against the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 129% against the previous year. Over the period under review, the average export prices hit record highs at $14,142 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($196,500 per ton), while the average price for exports to China ($6,144 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 South Africa (+68.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wool; (Not Carded or Combed), Carbonised in the UK
In 2022, purchases abroad of wool; (not carded or combed), carbonised increased by 144% to 91 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted perceptible growth. As a result, imports reached 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 $682K in 2022. In general, imports, however, recorded a abrupt decline.
Import of Wool; (Not Carded or Combed), Carbonised in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 869 | 398 | 276 | 439 | -20.4% |
China | 129 | 1.2 | 55.2 | 111 | -4.9% |
Belgium | N/A | N/A | N/A | 36.3 | 0% |
Egypt | N/A | 18.2 | N/A | 34.6 | 37.9% |
Canada | N/A | N/A | N/A | 26.0 | 0% |
Czech Republic | N/A | N/A | N/A | 16.5 | 0% |
India | 135 | 3.3 | N/A | N/A | -97.6% |
Algeria | N/A | 7.2 | N/A | N/A | 0% |
Others | 52.6 | 29.2 | 28.7 | 18.2 | -29.8% |
Total | 1,185 | 457 | 360 | 682 | -16.8% |
Top Suppliers of Wool; (Not Carded or Combed), Carbonised to the UK in 2022:
- Australia (41.9 tons)
- Belgium (20.0 tons)
- China (16.8 tons)
- Egypt (6.6 tons)
- Czech Republic (3.0 tons)
- Canada (2.4 tons)
Exports of Wool; (Not Carded or Combed), Carbonised in the UK
In 2022, the amount of wool; (not carded or combed), carbonised exported from the UK skyrocketed to 49 tons, rising by 69% compared with 2021 figures. Overall, exports enjoyed moderate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wool; (not carded or combed), carbonised soared to $529K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Wool; (Not Carded or Combed), Carbonised in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 8.4 | 9.2 | 68.8 | 189 | 182.3% |
Japan | 2.2 | N/A | 47.2 | 178 | 332.5% |
Ireland | 10.9 | 45.9 | 8.4 | 98.6 | 108.4% |
Sweden | 38.1 | 32.7 | 15.5 | 25.7 | -12.3% |
Italy | 8.3 | 22.6 | 75.8 | 17.5 | 28.2% |
China | 102 | 2.2 | 14.0 | 1.1 | -77.9% |
India | 27.6 | N/A | N/A | N/A | 0% |
Finland | N/A | N/A | 39.5 | N/A | 0% |
Turkey | N/A | 55.4 | N/A | N/A | 0% |
Others | 10.2 | 23.5 | 55.3 | 18.3 | 21.5% |
Total | 208 | 191 | 325 | 529 | 36.5% |
Top Export Markets for Wool; (Not Carded or Combed), Carbonised from the UK in 2022:
- Japan (26.9 tons)
- Ireland (13.3 tons)
- United States (4.0 tons)
- Sweden (3.2 tons)
- Italy (1.4 tons)
- China (0.2 tons)
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