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

Contents:

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

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

In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $2,013 per ton, picking up by 18% against the previous year. In general, the export price, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2019 an increase of 120%. Over the period under review, the average export prices hit record highs at $2,668 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($4,036 per ton), while the average price for exports to Kyrgyzstan ($374 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 Uruguay (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $492 per ton, leveling off at the previous year. In general, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2015 an increase of 327%. The import price peaked at $3,309 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +2.6% per year.

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

Exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn from Russia shrank significantly to 888 tons in 2022, which is down by -19.6% compared with the previous year. Over the period under review, total exports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 74%. As a result, the exports attained the peak of 1.1K tons, and then shrank significantly in the following year.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn fell to $1.8M in 2022. Overall, exports showed a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay1,095849633932-5.2%
Bulgaria874579944402-22.8%
IndiaN/AN/A156329110.9%
KyrgyzstanN/AN/A0.412330650.0%
Kazakhstan18.0N/A6.3N/A-40.8%
Mongolia41.56.121.4N/A-28.2%
Azerbaijan28.2N/AN/AN/A0%
Czech RepublicN/A200N/AN/A0%
OthersN/A58.0120N/A106.9%
Total2,0571,6921,8811,787-4.6%

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

  1. Kyrgyzstan (328.7 tons)
  2. Uruguay (249.2 tons)
  3. Bulgaria (228.2 tons)
  4. India (81.6 tons)

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

In 2022, approx. 98 tons of wool; (not carded or combed), greasy (including fleece-washed wool), shorn were imported into Russia; waning by -24.7% compared with the previous year. Overall, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 372% against the previous year.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn contracted remarkably to $48K in 2022. In general, imports saw a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 384% against the previous year.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan15913.262.247.4-33.2%
OthersN/AN/A1.70.6-64.7%
Total15913.263.948.0-32.9%

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

  1. Kazakhstan (97.6 tons)

Source: IndexBox Market Intelligence Platform

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