Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in South Africa - 2024
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in South Africa (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in South Africa (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in South Africa
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in South Africa
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in South Africa (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $2,780 per ton, picking up by 29% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 61% against the previous year. Over the period under review, average import prices reached the peak figure at $3,715 per ton in 2015; however, from 2016 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 Lesotho ($6,725 per ton), while the price for the UK ($2,469 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lesotho (+20.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in South Africa (FOB) - 2022
The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $3,641 per ton in 2022, declining by -22.4% against the previous year. In general, the export price saw a noticeable decline. The pace of growth was the most pronounced in 2018 an increase of 77% against the previous year. As a result, the export price reached the peak level of $7,778 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Swaziland ($5,316 per ton), while the average price for exports to Germany amounted to $3,612 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in South Africa
In 2022, after two years of decline, there was significant growth in overseas purchases of wool; (not carded or combed), degreased, (not carbonised), shorn, when their volume increased by 66% to 127 tons. Over the period under review, imports, however, showed a dramatic contraction.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn skyrocketed to $354K in 2022. Overall, imports, however, faced a sharp decline.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 837 | 558 | 145 | 207 | -37.2% |
| New Zealand | 272 | 215 | 20.9 | 115 | -24.9% |
| Lesotho | N/A | N/A | N/A | 32.1 | 0% |
| Others | 28.0 | 1.1 | N/A | 0.1 | -84.7% |
| Total | 1,137 | 774 | 166 | 354 | -32.2% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to South Africa in 2022:
- United Kingdom (83.8 tons)
- New Zealand (38.8 tons)
- Lesotho (4.8 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in South Africa
In 2022, overseas shipments of wool; (not carded or combed), degreased, (not carbonised), shorn decreased by -91.4% to 5.6 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2020 when exports increased by 142%. As a result, the exports attained the peak of 80 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn plummeted to $20K in 2022. In general, exports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 248% against the previous year. As a result, the exports reached the peak of $480K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 130 | 243 | 227 | 19.9 | -46.5% |
| Swaziland | 1.3 | 1.0 | 2.7 | 0.5 | -27.3% |
| Japan | 6.3 | 102 | 76.6 | N/A | 248.7% |
| China | N/A | 133 | N/A | N/A | 0% |
| Others | N/A | 0.7 | N/A | N/A | 0% |
| Total | 138 | 480 | 306 | 20.4 | -47.1% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from South Africa in 2022:
- Germany (5.5 tons)
- Swaziland (0.1 tons)
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