Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in New Zealand - 2024
Contents:
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in New Zealand (FOB) - 2024
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in New Zealand (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in New Zealand
- Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in New Zealand
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in New Zealand (FOB) - 2024
The average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $5,193 per ton in December 2023, increasing by 22% against the previous month. Over the period under review, the export price, however, saw a slight curtailment. The pace of growth appeared the most rapid in October 2023 an increase of 58% against the previous month. The export price peaked at $6,008 per ton in January 2023; however, from February 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Italy ($11,109 per ton), while the average price for exports to India ($2,202 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+14.8%), while the prices for the other major destinations experienced a decline.
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in New Zealand (CIF) - 2022
The average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $4,437 per ton in 2022, waning by -4.8% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 81%. As a result, import price reached the peak level of $8,113 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +1.0% per year.
Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in New Zealand
In 2022, the amount of wool; (not carded or combed), greasy (including fleece-washed wool), shorn exported from New Zealand fell dramatically to 23K tons, dropping by -21.6% on 2021 figures. In general, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 2.5% against the previous year.
In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn declined sharply to $109M in 2022. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 33%.
| Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 107 | 65.1 | 84.4 | 67.6 | -14.2% |
| Italy | 12.7 | 10.6 | 22.2 | 15.9 | 7.8% |
| Czech Republic | 16.2 | 8.1 | 7.1 | 7.8 | -21.6% |
| Bulgaria | 5.6 | 5.6 | 4.3 | 7.8 | 11.7% |
| Australia | 6.5 | 6.9 | 10.3 | 4.6 | -10.9% |
| India | 2.5 | 1.8 | 3.9 | 2.4 | -1.4% |
| Others | 3.1 | 3.6 | 2.9 | 2.7 | -4.5% |
| Total | 154 | 102 | 135 | 109 | -10.9% |
Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from New Zealand in 2022:
- China (16.4K tons)
- Czech Republic (2.9K tons)
- Italy (1.3K tons)
- Bulgaria (0.9K tons)
- Australia (0.8K tons)
- India (0.6K tons)
Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in New Zealand
In 2022, the amount of wool; (not carded or combed), greasy (including fleece-washed wool), shorn imported into New Zealand contracted rapidly to 18 tons, declining by -75.6% against 2021 figures. In general, imports showed a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of 73 tons, and then fell markedly in the following year.
In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn reduced sharply to $79K in 2022. Overall, imports showed a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports reached the peak of $339K, and then contracted dramatically in the following year.
| Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 236 | 268 | 339 | 78.9 | -30.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 236 | 268 | 339 | 78.9 | -30.6% |
Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to New Zealand in 2022:
- Australia (17.8 tons)
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