Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Chile - 2024

Contents:

  1. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Chile (FOB) - 2024
  2. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Chile (CIF) - 2022
  3. Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Chile
  4. Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Chile

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Chile (FOB) - 2024

The average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $3,182 per ton in December 2023, with an increase of 126% against the previous month. Overall, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Uruguay ($4,480 per ton), while the average price for exports to China ($2,811 per ton) was amongst the lowest.

From October 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+24.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $20,111 per ton in 2022, with an increase of 373% against the previous year. Overall, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Peru ($17,533 per ton), while the price for China amounted to $857 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+25.3%).

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

Exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn from Chile reduced to 4.5K tons in 2022, waning by -4.4% against 2021. Overall, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 195% against the previous year. As a result, the exports attained the peak of 4.7K tons, and then contracted in the following year.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn contracted sharply to $12M in 2022. Over the period under review, exports showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 171%. As a result, the exports reached the peak of $15M, and then plummeted in the following year.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.51.67.14.0-25.0%
Uruguay3.51.42.43.71.9%
Czech Republic0.20.10.23.1149.3%
Egypt0.41.84.31.451.8%
Bulgaria0.40.40.50.3-9.1%
Peru0.10.10.1N/A0.0%
OthersN/A0.10.1N/A0.0%
Total14.05.414.812.5-3.7%

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

  1. China (1623.2 tons)
  2. Czech Republic (1312.0 tons)
  3. Uruguay (944.5 tons)
  4. Egypt (552.3 tons)
  5. Bulgaria (96.2 tons)

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

For the third consecutive year, Chile recorded growth in supplies from abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn, which increased by 32% to 959 kg in 2022. Overall, total imports indicated significant growth from 2020 to 2022: its volume increased at an average annual rate of +34.1% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn surged to $19K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Chile (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Peru0.60.515.3405.0%
Ecuador0.71.4N/A100.0%
ChinaN/AN/AN/A0%
Others0.41.13.9212.2%
Total1.63.119.3247.3%

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

  1. Peru (875.0 kg)
  2. China (14.0 kg)

Source: IndexBox Market Intelligence Platform

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