Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Canada - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Canada (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Canada (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Canada
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Canada
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Canada (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $2,592 per ton in 2022, waning by -7.6% against the previous year. Overall, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 9.3%. Over the period under review, average import prices attained the peak figure at $4,659 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($4,040 per ton), while the price for Argentina ($1,929 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 (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Canada (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $5,752 per ton, picking up by 21% against the previous year. Overall, the export price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 61%. As a result, the export price reached the peak level of $7,348 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,863 per ton), while the average price for exports to Portugal stood at $4,629 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.9%).
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Canada
In 2022, the amount of wool; (not carded or combed), degreased, (not carbonised), shorn imported into Canada reduced notably to 256 tons, which is down by -34% compared with the previous year. Over the period under review, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 177% against the previous year. As a result, imports attained the peak of 388 tons, and then contracted rapidly in the following year.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn fell markedly to $663K in 2022. Overall, imports, however, recorded a perceptible increase. The pace of growth appeared the most rapid in 2021 when imports increased by 187% against the previous year. As a result, imports attained the peak of $1.1M, and then shrank notably in the following year.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 379 | 192 | 829 | 342 | -3.4% |
| United Kingdom | 160 | 93.7 | 104 | 109 | -12.0% |
| Argentina | N/A | N/A | N/A | 88.4 | 0% |
| Turkey | N/A | N/A | N/A | 59.9 | 0% |
| Germany | N/A | N/A | 68.1 | 33.8 | -50.4% |
| Bulgaria | N/A | N/A | N/A | 28.7 | 0% |
| Spain | N/A | 82.6 | 21.7 | N/A | -73.7% |
| Others | 36.9 | 10.2 | 63.6 | 0.5 | -76.2% |
| Total | 575 | 379 | 1,087 | 663 | 4.9% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Canada in 2022:
- New Zealand (127.8 tons)
- Argentina (45.8 tons)
- Turkey (28.9 tons)
- United Kingdom (26.9 tons)
- Germany (15.8 tons)
- Bulgaria (10.3 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Canada
After two years of decline, shipments abroad of wool; (not carded or combed), degreased, (not carbonised), shorn decreased by -31.7% to 773 kg in 2022. In general, exports continue to indicate a sharp shrinkage.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn contracted remarkably to $4.4K in 2022. Over the period under review, exports saw a significant decrease.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.3 | N/A | N/A | 4.1 | -28.7% |
| Portugal | N/A | N/A | N/A | 0.3 | 0% |
| United Kingdom | N/A | N/A | 5.2 | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 11.3 | N/A | 5.4 | 4.4 | -27.0% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Canada in 2022:
- United States (703.0 kg)
- Portugal (70.0 kg)
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