Wool; Carded Price in Egypt - 2022

Contents:

1. Wool; Carded Price in Egypt (FOB) - 2022
2. Wool; Carded Price in Egypt (CIF) - 2022
3. Wool; Carded Exports in Egypt
4. Wool; Carded Imports in Egypt

Wool; Carded Price in Egypt (FOB) - 2022

In 2022, the average wool; carded export price amounted to $4,954 per ton, waning by -83% against the previous year. Over the period under review, the export price showed a perceptible decrease. The growth pace was the most rapid in 2021 an increase of 542% against the previous year. As a result, the export price reached the peak level of $29,135 per ton, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($5,445 per ton), while the average price for exports to Lithuania ($3,630 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 Italy (-4.6%).

Wool; Carded Price in Egypt (CIF) - 2022

In 2022, the average wool; carded import price amounted to $12,547 per ton, surging by 9.8% against the previous year. Over the period under review, the import price recorded temperate growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 420% against the previous year. The import price peaked at $19,625 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($12,548 per ton), while the price for Uruguay ($12,546 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+41.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Wool; Carded Exports in Egypt

In 2022, overseas shipments of wool; carded were finally on the rise to reach 225 tons after two years of decline. In general, exports recorded a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wool; carded exports surged to $1.1M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Wool; Carded from Egypt in 2022:

1. Italy (112.3 tons)
2. Turkey (74.5 tons)
3. Lithuania (38.7 tons)

Wool; Carded Imports in Egypt

In 2022, the amount of wool; carded imported into Egypt surged to 50 tons, growing by 103% against the year before. In general, imports, however, recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 114%. As a result, imports reached the peak of 281 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, wool; carded imports skyrocketed to $632K in 2022. Over the period under review, imports, however, saw a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 161%. As a result, imports reached the peak of $3.9M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Wool; Carded to Egypt in 2022:

1. Argentina (28.0 tons)
2. Bulgaria (17.2 tons)
3. Uruguay (5.2 tons)

Source: IndexBox Market Intelligence Platform