Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United Arab Emirates - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United Arab Emirates (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United Arab Emirates (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United Arab Emirates
- Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United Arab Emirates
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United Arab Emirates (CIF) - 2022
The average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $401 per ton in 2022, reducing by -86.9% against the previous year. Over the period under review, the import price showed a sharp shrinkage. The pace of growth was the most pronounced in 2018 an increase of 131% against the previous year. The import price peaked at $5,025 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 China ($3,616 per ton), while the price for Syrian Arab Republic amounted to $290 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-1.7%), while the prices for the other major suppliers experienced a decline.
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United Arab Emirates (FOB) - 2022
The average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $100,813 per ton in 2022, growing by 9,208% against the previous year. Over the period under review, the export price saw a significant increase. 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 Poland.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +3.6% per year.
Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United Arab Emirates
In 2022, overseas purchases of wool; (not carded or combed), greasy (including fleece-washed wool), shorn increased by 1,796% to 42 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn skyrocketed to $17K in 2022. Over the period under review, imports, however, faced a precipitous descent.
| Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Syrian Arab Republic | 1.6 | 0.5 | 0.2 | 11.7 | 94.1% |
| China | 0.1 | N/A | N/A | 4.5 | 255.7% |
| Australia | 32.1 | 13.0 | 6.5 | N/A | -55.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.5 | 35.7% |
| Total | 34.0 | 13.6 | 6.7 | 16.7 | -21.1% |
Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to the United Arab Emirates in 2022:
- Syrian Arab Republic (40.5 tons)
- China (1.2 tons)
Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United Arab Emirates
In 2022, shipments abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn decreased by -99.7% to 16 kg, falling for the second consecutive year after two years of growth. Overall, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by less than 0.1% against the previous year. As a result, the exports attained the peak of 5.3 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn dropped sharply to $1.6K in 2022. In general, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of less than 0.1% against the previous year. As a result, the exports attained the peak of $5.8K, and then dropped markedly in the following year.
| Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | N/A | 1.6 | 0% |
| Congo | N/A | 0.2 | N/A | N/A | 0% |
| Democratic Republic of the Congo | 1.1 | N/A | N/A | N/A | 0% |
| Turkey | 4.3 | 4.7 | 4.3 | N/A | 0.0% |
| Others | 0.4 | 0.8 | 1.5 | N/A | 93.6% |
| Total | 5.8 | 5.8 | 5.8 | 1.6 | -34.9% |
Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from the United Arab Emirates in 2022:
- Poland (16.0 kg)
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