Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Egypt - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Egypt (FOB) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Egypt (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Egypt
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Egypt
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Egypt (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $2,861 per ton, with an increase of 10% against the previous year. Over the period under review, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 1,032% against the previous year. As a result, the export price reached the peak level of $4,321 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,481 per ton), while the average price for exports to Pakistan ($1,480 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 Pakistan (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Egypt (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $5,396 per ton, shrinking by -21.6% against the previous year. Overall, the import price, however, showed mild growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 127% against the previous year. As a result, import price reached the peak level of $6,886 per ton, and then shrank significantly in the following year.
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 Uruguay ($13,092 per ton), while the price for France ($667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Egypt
In 2022, exports of wool; (not carded or combed), degreased, (not carbonised), shorn from Egypt surged to 374 tons, rising by 493% compared with the previous year. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn soared to $1.1M in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 312 | 0% |
| India | N/A | N/A | 153 | 231 | 51.0% |
| Hong Kong SAR | 50.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 10.7 | 528 | 4834.6% |
| Total | 50.6 | N/A | 164 | 1,071 | 176.6% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Egypt in 2022:
- Italy (210.6 tons)
- India (155.7 tons)
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Egypt
In 2022, imports of wool; (not carded or combed), degreased, (not carbonised), shorn into Egypt expanded notably to 1.5K tons, surging by 9.4% against 2021 figures. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 26%. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn contracted to $7.9M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports reached the peak of $9.3M, and then dropped in the following year.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 1.5 | 2.3 | 7.6 | 5.8 | 57.0% |
| New Zealand | 2.9 | 3.0 | 1.6 | 1.8 | -14.7% |
| United Kingdom | 0.7 | 0.3 | N/A | 0.2 | -34.1% |
| France | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 5.2 | 5.6 | 9.3 | 7.9 | 15.0% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Egypt in 2022:
- New Zealand (900.1 tons)
- Uruguay (443.2 tons)
- United Kingdom (98.4 tons)
- France (22.5 tons)
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