Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Bulgaria - 2023

Contents:

  1. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Bulgaria (CIF) - 2023
  2. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Bulgaria (FOB) - 2022
  3. Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Bulgaria
  4. Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Bulgaria

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Bulgaria (CIF) - 2023

In November 2023, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $3,669 per ton, picking up by 81% against the previous month. Overall, the import price, however, showed a pronounced curtailment. The import price peaked at $6,419 per ton in February 2023; however, from March 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was South Africa ($6,730 per ton), while the price for New Zealand ($3,140 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Australia (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Bulgaria (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $6,823 per ton, with an increase of 1,089% against the previous year. Over the period under review, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2013 to 2022, the rate of growth in terms of prices for Spain amounted to +41.2% per year.

Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Bulgaria

In 2022, the amount of wool; (not carded or combed), greasy (including fleece-washed wool), shorn imported into Bulgaria rose rapidly to 7.9K tons, picking up by 11% on 2021. Over the period under review, imports, however, continue to indicate a pronounced setback.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn skyrocketed to $43M in 2022. In general, imports, however, showed a pronounced setback.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa13.411.43.914.42.4%
Uruguay5.73.79.97.811.0%
New Zealand3.24.95.47.734.0%
Australia7.15.41.66.0-5.5%
United States1.11.51.62.734.9%
Argentina6.85.14.12.0-33.5%
Falkland Islands (Malvinas)6.22.22.30.6-54.1%
Serbia1.6N/A0.10.2-50.0%
Others3.61.52.61.7-22.1%
Total48.735.731.543.2-3.9%

Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Bulgaria in 2022:

  1. South Africa (2176.7 tons)
  2. Uruguay (1332.9 tons)
  3. New Zealand (994.7 tons)
  4. Australia (901.8 tons)
  5. United States (691.3 tons)
  6. Serbia (468.2 tons)
  7. Argentina (303.6 tons)
  8. Falkland Islands (Malvinas) (96.9 tons)

Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Bulgaria

After two years of decline, shipments abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn decreased by -88.5% to 5.6 tons in 2022. Over the period under review, exports recorded a significant decline.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn soared to $38K in 2022. Overall, exports faced a dramatic decline.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A38.30%
GermanyN/AN/A20.0N/A0%
FranceN/AN/A8.1N/A0%
Uruguay75.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total75.3N/A28.138.3-20.2%

Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Bulgaria in 2022:

  1. Italy (5.6 tons)

Source: IndexBox Market Intelligence Platform

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