Price for Wool, Not Carded or Combed in Ireland - 2023
Contents:
- Price for Wool, Not Carded or Combed in Ireland (FOB) - 2023
- Price for Wool, Not Carded or Combed in Ireland (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Ireland
- Imports of Wool, Not Carded or Combed in Ireland
Price for Wool, Not Carded or Combed in Ireland (FOB) - 2023
In July 2023, the average export price for wool, not carded or combed amounted to $868 per ton, approximately equating the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 508% m-o-m. As a result, the export price attained the peak level of $4,915 per ton. From October 2022 to July 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In July 2023, the country with the highest price was China ($1,056 per ton), while the average price for exports to the UK ($809 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+1.8%), while the prices for the other major destinations experienced a decline.
Price for Wool, Not Carded or Combed in Ireland (CIF) - 2022
In 2022, the average import price for wool, not carded or combed amounted to $5,288 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 62%. As a result, import price attained the peak level of $6,350 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
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 Australia ($10,265 per ton), while the price for France ($717 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.4%), while the prices for the other major suppliers experienced a decline.
Exports of Wool, Not Carded or Combed in Ireland
Wool, not carded or combed exports from Ireland totaled 4.7K tons in 2022, therefore, remained relatively stable against the previous year's figure. Over the period under review, exports showed a abrupt downturn. The smallest decline of -36.8% was in 2020.
In value terms, wool, not carded or combed exports stood at $5.3M in 2022. In general, exports saw a drastic downturn. The smallest decline of -45.3% was in 2020.
| Export of Wool, Not Carded or Combed in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.1 | 3.4 | N/A | 4.3 | -11.0% |
| China | 1.2 | 0.4 | N/A | 0.6 | -20.6% |
| India | N/A | 0.3 | N/A | 0.3 | 0.0% |
| Belgium | 0.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 7.6 | 4.2 | N/A | 5.3 | -11.3% |
Top Export Markets for Wool, Not Carded or Combed from Ireland in 2022:
- United Kingdom (3388.6 tons)
- China (947.4 tons)
- India (408.6 tons)
- Belgium (0.3 tons)
Imports of Wool, Not Carded or Combed in Ireland
Wool, not carded or combed imports into Ireland stood at 177 tons in 2022, stabilizing at the year before. In general, imports showed a precipitous setback. The smallest decline of -61% was in 2020.
In value terms, wool, not carded or combed imports totaled $934K in 2022. Over the period under review, imports showed a sharp shrinkage. The smallest decline of -36.8% was in 2020.
| Import of Wool, Not Carded or Combed in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,700 | 1,268 | N/A | 329 | -42.2% |
| United Kingdom | 636 | 231 | N/A | 262 | -25.6% |
| New Zealand | 42.9 | 20.1 | N/A | 253 | 80.7% |
| Egypt | N/A | N/A | N/A | 27.0 | 0% |
| Norway | N/A | N/A | N/A | 26.1 | 0% |
| Germany | 6.7 | 7.9 | N/A | 23.5 | 51.9% |
| France | N/A | N/A | N/A | 6.5 | 0% |
| Others | 39.5 | 6.5 | N/A | 7.1 | -43.6% |
| Total | 2,425 | 1,533 | N/A | 934 | -27.2% |
Top Suppliers of Wool, Not Carded or Combed to Ireland in 2022:
- United Kingdom (60.2 tons)
- New Zealand (58.9 tons)
- Australia (32.0 tons)
- France (9.1 tons)
- Norway (6.9 tons)
- Germany (5.4 tons)
- Egypt (3.7 tons)
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