Wool; Carded Price in Brazil - 2023

Wool; Carded Price in Brazil (CIF) - 2022

In 2022, the average wool; carded import price amounted to $18,124 per ton, with an increase of 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($19,019 per ton), while the price for the United States stood at $17,912 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%).

Wool; Carded Price in Brazil (FOB) - 2022

In 2022, the average wool; carded export price amounted to $25,000 per ton, stabilizing at the previous year. Over the period under review, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2015 an increase of 24% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +11.4% per year.

Wool; Carded Imports in Brazil

Wool; carded imports into Brazil fell remarkably to 3 tons in 2022, shrinking by -22.7% against 2021 figures. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +19.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. As a result, imports attained the peak of 3.8 tons, and then dropped remarkably in the following year.

In value terms, wool; carded imports reduced to $54K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of $59K, and then fell in the following year.

Import of Wool; Carded in Brazil (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	42.3	38.3	52.8	43.0	0.5%
China	0.5	1.1	5.9	10.8	178.5%
Others	N/A	N/A	N/A	N/A	0%
Total	42.8	39.4	58.8	53.8	7.9%

Top Suppliers of Wool; Carded to Brazil in 2022:

United States (2.4 tons)
China (0.6 tons)

Wool; Carded Exports in Brazil

After two years of decline, shipments abroad of wool; carded decreased by 0% to 100 kg in 2022. In general, exports recorded a dramatic setback. The smallest decline of 99.9% was in 2020.

In value terms, wool; carded exports stood at $2.5K in 2022. Overall, exports recorded a precipitous descent. The smallest decline of 99.9% was in 2020.