Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Spain - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Spain (FOB) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Spain (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Spain
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Spain
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Spain (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $1,946 per ton, shrinking by -7.9% against the previous year. Overall, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 46% against the previous year. As a result, the export price attained the peak level of $3,123 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($4,837 per ton), while the average price for exports to the UK ($967 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 Portugal (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Spain (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $2,149 per ton in 2022, waning by -3.4% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) increased by +36.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 51% against the previous year. The import price peaked at $3,453 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,970 per ton), while the price for Turkey ($1,652 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Spain
In 2022, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) from Spain declined to 1.2K tons, with a decrease of -6.5% compared with the year before. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 279%. As a result, the exports reached the peak of 1.3K tons, and then reduced in the following year.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) contracted to $2.3M in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 332% against the previous year. As a result, the exports reached the peak of $2.7M, and then reduced in the following year.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | 1,269 | 1,192 | -6.1% |
| Italy | 205 | 223 | 231 | 596 | 42.7% |
| United Kingdom | N/A | N/A | 4.4 | 162 | 3581.8% |
| France | 120 | 53.7 | 87.0 | 135 | 4.0% |
| Portugal | 130 | 87.8 | 302 | 102 | -7.8% |
| Belgium | 130 | 119 | 54.1 | 47.9 | -28.3% |
| Germany | N/A | N/A | N/A | 36.3 | 0% |
| Mexico | 59.8 | N/A | 38.9 | 10.9 | -43.3% |
| China | 629 | 83.7 | 658 | N/A | 2.3% |
| Others | 13.3 | 47.2 | 9.0 | 0.2 | -75.3% |
| Total | 1,288 | 614 | 2,652 | 2,284 | 21.0% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Spain in 2022:
- Lithuania (690.3 tons)
- United Kingdom (167.8 tons)
- Italy (123.3 tons)
- France (105.5 tons)
- Portugal (32.6 tons)
- Belgium (24.8 tons)
- Germany (23.7 tons)
- Mexico (5.7 tons)
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Spain
For the third consecutive year, Spain recorded decline in supplies from abroad of wool; (not carded or combed), degreased, (not carbonised), (other than shorn), which decreased by -19.7% to 88 tons in 2022. In general, imports faced a sharp slump. The smallest decline of -2.4% was in 2020.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) shrank markedly to $189K in 2022. Overall, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 8.3%. As a result, imports attained the peak of $532K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 10.3 | 64.8 | 94.5 | 202.9% |
| United Kingdom | 47.3 | 130 | 88.0 | 40.1 | -5.4% |
| Portugal | 159 | 84.1 | 22.1 | 32.7 | -41.0% |
| France | 40.4 | 15.3 | 34.3 | 22.1 | -18.2% |
| New Zealand | N/A | 104 | N/A | N/A | 0% |
| Syrian Arab Republic | 84.7 | 72.1 | N/A | N/A | -14.9% |
| Morocco | 90.3 | N/A | 19.4 | N/A | -53.6% |
| Italy | 69.2 | 117 | N/A | N/A | 69.1% |
| Others | N/A | N/A | 15.7 | N/A | 0% |
| Total | 491 | 532 | 244 | 189 | -27.3% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Spain in 2022:
- Turkey (57.2 tons)
- United Kingdom (14.4 tons)
- Portugal (12.1 tons)
- France (4.4 tons)
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