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

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ireland (CIF) - 2022
  2. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ireland

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

The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $6,255 per ton in 2022, dropping by -14.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 58%. The import price peaked at $7,652 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Australia ($11,487 per ton), while the price for Norway ($3,758 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.1%), while the prices for the other major suppliers experienced a decline.

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ireland

In 2022, after three years of growth, there was decline in purchases abroad of wool; (not carded or combed), degreased, (not carbonised), shorn, when their volume decreased by -4.9% to 80 tons. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 229%. As a result, imports attained the peak of 84 tons, and then shrank modestly in the following year.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn declined dramatically to $500K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 419%. As a result, imports reached the peak of $614K, and then declined rapidly in the following year.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/A310217-30.0%
New ZealandN/AN/A38.7121212.7%
United Kingdom85.71112531129.3%
NorwayN/AN/AN/A25.80%
Germany6.77.613.023.652.2%
OthersN/AN/A0.1N/A0%
Total92.411861450075.6%

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

  1. New Zealand (31.3 tons)
  2. Australia (18.9 tons)
  3. United Kingdom (17.5 tons)
  4. Norway (6.9 tons)
  5. Germany (5.4 tons)

Source: IndexBox Market Intelligence Platform

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