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

Contents:

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

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

The average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $414 per ton in 2022, shrinking by -2.1% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 9.1%. As a result, import price attained the peak level of $1,014 per ton. From 2014 to 2022, the average import prices remained at a 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 France ($626 per ton), while the price for Serbia ($289 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+0.2%), 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 Turkey (FOB) - 2022

The average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $681 per ton in 2022, growing by 9.6% against the previous year. Overall, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 67%. The export price peaked at $1,452 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($1,324 per ton), while the average price for exports to Afghanistan ($238 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 China (+13.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn into Turkey shrank remarkably to 5.4K tons in 2022, which is down by -41.1% compared with 2021. Over the period under review, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 49% against the previous year. As a result, imports reached the peak of 9.1K tons, and then contracted dramatically in the following year.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn dropped dramatically to $2.2M in 2022. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports attained the peak of $3.9M, and then declined markedly in the following year.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania2,8491,9893,1221,448-20.2%
Syrian Arab Republic353257305182-19.8%
Serbia17.5N/A21.0161109.5%
Greece13.949.335.3149120.5%
United KingdomN/A2.830.0124565.5%
FranceN/A5.6N/A64.6239.6%
Algeria16016142.111.5-58.4%
Others39038731290.3-38.6%
Total3,7822,8523,8672,231-16.1%

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

  1. Romania (3549.1 tons)
  2. Serbia (558.2 tons)
  3. Greece (359.5 tons)
  4. Syrian Arab Republic (303.5 tons)
  5. United Kingdom (267.0 tons)
  6. France (103.2 tons)
  7. Algeria (51.0 tons)

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

After three years of growth, shipments abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn decreased by -11.1% to 578 tons in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn contracted slightly to $393K in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $403K, and then dropped slightly in the following year.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2862213543304.9%
EgyptN/AN/AN/A24.50%
PakistanN/AN/AN/A23.60%
AfghanistanN/A22.9N/A14.6-20.2%
GermanyN/AN/A40.9N/A0%
United Kingdom83.132.9N/AN/A-60.4%
IranN/A26.1N/AN/A0%
OthersN/AN/A8.4N/A0%
Total3693034033932.1%

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

  1. India (472.7 tons)
  2. Afghanistan (61.2 tons)
  3. Egypt (25.8 tons)
  4. Pakistan (17.8 tons)

Source: IndexBox Market Intelligence Platform

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