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

Contents:

  1. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kenya (FOB) - 2022
  2. Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kenya

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

In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $2,567 per ton, falling by -4.5% against the previous year. Overall, the export price showed a perceptible setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 35%. The export price peaked at $3,751 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +2.8% per year.

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

Exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn from Kenya rose rapidly to 635 tons in 2022, with an increase of 8.7% compared with 2021 figures. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 307% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn rose modestly to $1.6M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 319% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India88.622.991.71,630164.0%
Germany96.392.1396N/A102.8%
Czech Republic89.976.3259N/A69.7%
Italy279183682N/A56.3%
PakistanN/AN/A142N/A0%
OthersN/AN/AN/AN/A0%
Total5543741,5701,63043.3%

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

  1. India (634.9 tons)

Source: IndexBox Market Intelligence Platform

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