Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Uruguay - 2023

Contents:

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

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Uruguay (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $4,976 per ton, reducing by -3.1% against the previous year. Over the period under review, the export price showed a slight decline. The pace of growth appeared the most rapid in 2015 when the average export price increased by 15% against the previous year. The export price peaked at $5,964 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,874 per ton), while the average price for exports to Spain ($941 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 China (+3.5%), 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 Uruguay (CIF) - 2022

The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $600 per ton in 2020, with an increase of 20% against the previous year. In general, the import price, however, showed a deep slump. The import price peaked at $2,167 per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Serbia.

From 2012 to 2020, the rate of growth in terms of prices for Serbia amounted to 0.0% per year.

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Uruguay

Exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) from Uruguay declined rapidly to 680 tons in 2022, waning by -38.7% against 2021 figures. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) dropped markedly to $3.4M in 2022. In general, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 98%.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,5774351,932785-32.7%
United States1,031508599680-13.0%
Mexico678311583546-7.0%
Italy13633.923246250.3%
United Kingdom24517419533010.4%
Germany88.658.417626944.8%
Brazil70.262.912022447.2%
Spain20.915.417.925.16.3%
Bulgaria170145194N/A6.8%
India242167563N/A52.5%
Taiwan (Chinese)513385455N/A-5.8%
Portugal429190152N/A-40.5%
Turkey272120131N/A-30.6%
Others27127334560.8-39.2%
Total6,7422,8795,6953,382-20.5%

Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Uruguay in 2022:

  1. Mexico (156.1 tons)
  2. China (131.0 tons)
  3. United States (98.9 tons)
  4. Italy (81.3 tons)
  5. Germany (77.6 tons)
  6. United Kingdom (53.9 tons)
  7. Brazil (36.4 tons)
  8. Spain (26.7 tons)

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Uruguay

In 2020, the amount of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) imported into Uruguay surged to 8 tons, rising by 400,500% against the previous year. Overall, imports continue to indicate a significant expansion. 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), degreased, (not carbonised), (other than shorn) surged to $4.8K in 2020. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Uruguay (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
SerbiaN/A4.80%
OthersN/AN/A0%
TotalN/A4.80%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Uruguay in 2022:

  1. Serbia (8.0 tons)

Source: IndexBox Market Intelligence Platform

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