Price for Wool, Not Carded or Combed in Egypt - 2023
Contents:
- Price for Wool, Not Carded or Combed in Egypt (FOB) - 2022
- Price for Wool, Not Carded or Combed in Egypt (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Egypt
- Imports of Wool, Not Carded or Combed in Egypt
Price for Wool, Not Carded or Combed in Egypt (FOB) - 2022
In 2022, the average export price for wool, not carded or combed amounted to $2,957 per ton, growing by 5.1% against the previous year. In general, the export price saw a prominent increase. The growth pace was the most rapid in 2020 an increase of 138%. As a result, the export price reached the peak level of $3,043 per ton; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($9,189 per ton), while the average price for exports to the UK ($1,461 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 India (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wool, Not Carded or Combed in Egypt (CIF) - 2022
The average import price for wool, not carded or combed stood at $2,622 per ton in 2022, shrinking by -25.1% against the previous year. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the peak figure at $8,370 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 ($6,595 per ton), while the price for Spain ($779 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (-2.7%), while the prices for the other major suppliers experienced a decline.
Exports of Wool, Not Carded or Combed in Egypt
In 2022, wool, not carded or combed exports from Egypt declined significantly to 917 tons, with a decrease of -20.5% against the previous year. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 138% against the previous year. As a result, the exports attained the peak of 1.2K tons, and then contracted remarkably in the following year.
In value terms, wool, not carded or combed exports declined notably to $2.7M in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 120% against the previous year. As a result, the exports reached the peak of $3.2M, and then reduced sharply in the following year.
| Export of Wool, Not Carded or Combed in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | N/A | N/A | 1,462 | 0% |
| Italy | 346 | 941 | 344 | 819 | 33.3% |
| India | 417 | 391 | 2,649 | 401 | -1.3% |
| United Kingdom | 49.7 | 37.4 | 29.1 | 14.1 | -34.3% |
| Hong Kong SAR | 50.6 | N/A | N/A | N/A | 0% |
| Japan | N/A | 105 | N/A | N/A | 0% |
| China | 73.1 | N/A | N/A | N/A | 0% |
| Others | 204 | 1.0 | 224 | 13.9 | -59.2% |
| Total | 1,141 | 1,475 | 3,246 | 2,710 | 33.4% |
Top Export Markets for Wool, Not Carded or Combed from Egypt in 2022:
- Czech Republic (614.4 tons)
- India (197.6 tons)
- Italy (89.1 tons)
- United Kingdom (9.6 tons)
Imports of Wool, Not Carded or Combed in Egypt
In 2022, overseas purchases of wool, not carded or combed were finally on the rise to reach 911 tons after two years of decline. In general, imports, however, saw a precipitous contraction.
In value terms, wool, not carded or combed imports declined to $2.4M in 2022. Overall, imports, however, showed a sharp decrease.
| Import of Wool, Not Carded or Combed in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 41.5 | 9.9 | 0.8 | 1.3 | -68.5% |
| South Africa | 5.6 | 3.0 | 0.7 | 0.4 | -58.5% |
| Uruguay | 2.5 | 4.1 | 0.5 | 0.3 | -50.7% |
| United States | 4.9 | 0.9 | N/A | 0.1 | -72.7% |
| Chile | 0.6 | N/A | 0.2 | 0.1 | -45.0% |
| New Zealand | 6.0 | 3.6 | 0.2 | 0.1 | -74.5% |
| Spain | 1.6 | 0.8 | N/A | N/A | -50.0% |
| Argentina | 8.6 | N/A | N/A | N/A | 0% |
| Others | 6.3 | 1.6 | 0.1 | 0.1 | -74.9% |
| Total | 77.6 | 23.9 | 2.6 | 2.4 | -68.6% |
Top Suppliers of Wool, Not Carded or Combed to Egypt in 2022:
- Australia (241.2 tons)
- New Zealand (90.8 tons)
- South Africa (88.4 tons)
- Chile (51.7 tons)
- Uruguay (43.8 tons)
- United States (30.5 tons)
- Spain (26.0 tons)
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