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

Contents:

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

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

The average import price for wool; (not carded or combed), carbonised stood at $9,474 per ton in 2022, surging by 3.1% against the previous year. In general, the import price, however, saw a mild slump. The most prominent rate of growth was recorded in 2018 an increase of 21% against the previous year. As a result, import price attained the peak level of $12,790 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($9,592 per ton), while the price for Egypt stood at $6,649 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-1.2%).

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

In 2022, the average export price for wool; (not carded or combed), carbonised amounted to $413 per ton, which is down by -99.3% against the previous year. In general, the export price saw a dramatic slump. The most prominent rate of growth was recorded in 2018 an increase of 884% against the previous year. The export price peaked at $60,809 per ton in 2021, and then fell markedly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +81.2% per year.

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

For the third year in a row, Turkey recorded decline in purchases abroad of wool; (not carded or combed), carbonised, which decreased by -45.6% to 187 tons in 2022. In general, imports saw a dramatic setback. The smallest decline of -3% was in 2021.

In value terms, imports of wool; (not carded or combed), carbonised fell notably to $1.8M in 2022. Overall, imports showed a significant decrease. The smallest decline of -0.4% was in 2021.

Import of Wool; (Not Carded or Combed), Carbonised in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia3.83.23.11.7-23.5%
EgyptN/AN/AN/A0.10%
China0.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.03.23.21.8-23.4%

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

  1. Australia (179.3 tons)
  2. Egypt (7.7 tons)

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

In 2022, shipments abroad of wool; (not carded or combed), carbonised was finally on the rise to reach 24 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a significant expansion. 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 $9.8K in 2022. Over the period under review, exports, however, faced a sharp decrease.

Export of Wool; (Not Carded or Combed), Carbonised in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A9.80%
Germany25.33.4N/AN/A-86.6%
OthersN/A10.42.9N/A-72.1%
Total25.313.82.99.8-27.1%

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

  1. India (23.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Wool; (not carded or combed), carbonised - Turkey