Wool; Carded Price in Spain - 2023

Contents:

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

Wool; Carded Price in Spain (CIF) - 2022

In 2022, the average wool; carded import price amounted to $6,072 per ton, falling by -79.6% against the previous year. Overall, the import price showed a perceptible slump. The pace of growth was the most pronounced in 2018 an increase of 1,046%. Over the period under review, average import prices reached the peak figure at $66,952 per ton in 2020; however, from 2021 to 2022, 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 Italy ($14,412 per ton), while the price for Portugal ($4,777 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-2.7%), while the prices for the other major suppliers experienced a decline.

Wool; Carded Price in Spain (FOB) - 2022

In 2022, the average wool; carded export price amounted to $5,694 per ton, declining by -13.3% against the previous year. Overall, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of 101%. Over the period under review, the average export prices hit record highs at $13,675 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($16,300 per ton), while the average price for exports to Germany stood at $5,084 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wool; Carded Imports in Spain

In 2022, wool; carded imports into Spain soared to 18 tons, increasing by 672% against the year before. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 10,800% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, wool; carded imports soared to $107K in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 4,756% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Wool; Carded to Spain in 2022:

1. Poland (undefined tons)
2. Portugal (11.0 tons)
3. United Kingdom (1.4 tons)
4. Italy (1.4 tons)

Wool; Carded Exports in Spain

After two years of decline, overseas shipments of wool; carded decreased by -5.3% to 552 kg in 2022. In general, exports recorded a sharp decrease.

In value terms, wool; carded exports declined notably to $3.1K in 2022. Overall, exports showed a sharp contraction.

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

1. Germany (522.0 kg)
2. United Kingdom (30.0 kg)

Source: IndexBox Market Intelligence Platform