Price for Wool, Not Carded or Combed in Israel - 2023

Contents:

  1. Price for Wool, Not Carded or Combed in Israel (FOB) - 2022
  2. Price for Wool, Not Carded or Combed in Israel (CIF) - 2022
  3. Exports of Wool, Not Carded or Combed in Israel
  4. Imports of Wool, Not Carded or Combed in Israel

Price for Wool, Not Carded or Combed in Israel (FOB) - 2022

In 2022, the average export price for wool, not carded or combed amounted to $1,368 per ton, approximately mirroring the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wool, not carded or combed export price decreased by -22.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 41%. The export price peaked at $1,762 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +6.6% per year.

Price for Wool, Not Carded or Combed in Israel (CIF) - 2022

In 2022, the average import price for wool, not carded or combed amounted to $5,736 per ton, falling by -44.4% against the previous year. In general, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of 117% against the previous year. As a result, import price reached the peak level of $32,651 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +4.0% per year.

Exports of Wool, Not Carded or Combed in Israel

In 2022, approx. 88 tons of wool, not carded or combed were exported from Israel; reducing by -4.9% on the year before. Over the period under review, exports faced a abrupt contraction.

In value terms, wool, not carded or combed exports shrank to $121K in 2022. In general, exports showed a dramatic shrinkage.

Export of Wool, Not Carded or Combed in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India18.082.712712188.7%
Hungary223N/AN/AN/A0%
China22.0N/AN/AN/A0%
FranceN/A33.1N/AN/A0%
Italy11.078.6N/AN/A614.5%
OthersN/AN/AN/AN/A0%
Total274194127121-23.8%

Top Export Markets for Wool, Not Carded or Combed from Israel in 2022:

  1. India (88.4 tons)

Imports of Wool, Not Carded or Combed in Israel

In 2022, overseas purchases of wool, not carded or combed decreased by -76.2% to 523 kg, falling for the second year in a row after two years of growth. In general, imports saw a precipitous curtailment. The pace of growth was the most pronounced in 2020 with an increase of 24%. As a result, imports attained the peak of 6.3 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wool, not carded or combed imports reduced remarkably to $3K in 2022. Overall, imports faced a sharp setback. The pace of growth was the most pronounced in 2020 with an increase of 39%. As a result, imports attained the peak of $54K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Wool, Not Carded or Combed in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6.01.94.53.0-20.6%
New Zealand0.99.410.2N/A236.7%
Panama1.7N/AN/AN/A0%
Italy12.116.6N/AN/A37.2%
NetherlandsN/AN/A4.0N/A0%
United StatesN/A9.6N/AN/A0%
Others18.216.74.0N/A-53.1%
Total39.154.222.73.0-57.5%

Top Suppliers of Wool, Not Carded or Combed to Israel in 2022:

  1. United Kingdom (523.0 kg)

Source: IndexBox Market Intelligence Platform

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