Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Pakistan - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Pakistan (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Pakistan (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Pakistan
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Pakistan
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Pakistan (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $1,845 per ton in 2022, standing approx. at the previous year. In general, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 20%. As a result, import price reached the peak level of $5,317 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to -8.2% per year.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Pakistan (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $1,225 per ton, surging by 23% against the previous year. Over the period under review, the export price, however, saw a noticeable curtailment. Over the period under review, the average export prices hit record highs at $2,451 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +19.8% per year.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Pakistan
In 2022, approx. 20 tons of wool; (not carded or combed), degreased, (not carbonised), shorn were imported into Pakistan; which is down by -90.1% on 2021. Overall, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 565%. As a result, imports reached the peak of 203 tons, and then declined significantly in the following year.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn dropped rapidly to $37K in 2022. In general, imports continue to indicate a significant decline. The growth pace was the most rapid in 2021 with an increase of 445% against the previous year. As a result, imports reached the peak of $375K, and then fell markedly in the following year.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 178 | 68.1 | 353 | 37.1 | -40.7% |
| Tunisia | N/A | N/A | 22.0 | N/A | 0% |
| Others | N/A | 0.7 | N/A | N/A | 0% |
| Total | 178 | 68.8 | 375 | 37.1 | -40.7% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Pakistan in 2022:
- New Zealand (20.1 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Pakistan
In 2022, exports of wool; (not carded or combed), degreased, (not carbonised), shorn from Pakistan reduced markedly to 24 tons, shrinking by -78% on 2021. In general, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 211%.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn shrank significantly to $30K in 2022. Over the period under review, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 123%.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 54.7 | 22.0 | 40.1 | 29.6 | -18.5% |
| United Kingdom | 23.5 | N/A | 60.9 | N/A | 61.0% |
| India | 67.0 | N/A | N/A | N/A | 0% |
| Indonesia | 123 | 27.4 | N/A | N/A | -77.7% |
| United Arab Emirates | N/A | N/A | 8.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 268 | 49.3 | 110 | 29.6 | -52.0% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Pakistan in 2022:
- Lithuania (24.2 tons)
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