Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Uruguay - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Uruguay (FOB) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Uruguay (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Uruguay
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Uruguay
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Uruguay (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $6,454 per ton, with a decrease of -19% against the previous year. In general, the export price saw a slight contraction. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. As a result, the export price reached the peak level of $7,970 per ton, and then declined notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($13,092 per ton), while the average price for exports to the United Arab Emirates ($2,676 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 Egypt (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Uruguay (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $8,034 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 29%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From 2013 to 2022, the rate of growth in terms of prices for Argentina amounted to -2.5% per year.
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Uruguay
In 2022, approx. 2.7K tons of wool; (not carded or combed), degreased, (not carbonised), shorn were exported from Uruguay; shrinking by -17% compared with the year before. Over the period under review, exports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 20%.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn dropped sharply to $17M in 2022. In general, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 59%.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 1.5 | 1.9 | 6.9 | 5.8 | 57.0% |
| India | 2.1 | 1.6 | 2.8 | 3.8 | 21.9% |
| China | 26.6 | 8.7 | 8.7 | 3.3 | -50.1% |
| Italy | 0.1 | 0.3 | 3.0 | 1.7 | 157.1% |
| United Arab Emirates | 0.1 | N/A | N/A | 0.6 | 81.7% |
| United Kingdom | 0.1 | 0.3 | 0.2 | 0.4 | 58.7% |
| Brazil | 0.8 | 0.2 | 0.1 | 0.2 | -37.0% |
| Thailand | 1.3 | 0.4 | 0.6 | N/A | -32.1% |
| Taiwan (Chinese) | 0.5 | 0.5 | 0.5 | N/A | 0.0% |
| Others | 2.6 | 2.2 | 2.7 | 1.3 | -20.6% |
| Total | 35.6 | 16.1 | 25.5 | 17.2 | -21.5% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Uruguay in 2022:
- China (960.7 tons)
- India (510.4 tons)
- Egypt (443.2 tons)
- United Arab Emirates (215.6 tons)
- Italy (148.9 tons)
- United Kingdom (115.9 tons)
- Brazil (51.2 tons)
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Uruguay
For the third year in a row, Uruguay recorded decline in supplies from abroad of wool; (not carded or combed), degreased, (not carbonised), shorn, which decreased by 0% to 46 tons in 2022. Overall, imports recorded a strong expansion. The smallest decline of -49.1% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn amounted to $368K in 2022. In general, imports posted a significant increase. The smallest decline of -53.6% was in 2020. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 44.5 | 24.3 | N/A | 368 | 102.2% |
| Bulgaria | 8.2 | N/A | N/A | N/A | 0% |
| New Zealand | 18.9 | 8.7 | N/A | N/A | -54.0% |
| United Kingdom | 8.6 | 4.3 | N/A | N/A | -50.0% |
| Brazil | 3.6 | 1.6 | N/A | N/A | -55.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 83.7 | 38.9 | N/A | 368 | 63.8% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Uruguay in 2022:
- Argentina (45.8 tons)
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