MERCOSUR: Noils Of Wool Market 2024

Noils Of Wool Market Size in MERCOSUR

The MERCOSUR noils of wool market amounted to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption posted a prominent increase. Over the period under review, the market reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Noils Of Wool Production in MERCOSUR

In value terms, noils of wool production reached $X in 2022 estimated in export price. Overall, production showed a strong increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Noils Of Wool Exports

Exports in MERCOSUR

In 2022, shipments abroad of noils of wool or fine animal hair increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, noils of wool exports fell to $X in 2022. In general, exports, however, showed a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay was the largest exporter of noils of wool or fine animal hair in MERCOSUR, with the volume of exports reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Argentina (X tons) and Peru (X tons), together comprising a X% share of total exports. Chile (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Argentina ($X), Uruguay ($X) and Peru ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Peru, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced mixed trends in the export price figures.

Noils Of Wool Imports

Imports in MERCOSUR

In 2022, noils of wool imports in MERCOSUR surged to X tons, jumping by X% compared with the previous year's figure. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, noils of wool imports amounted to $X in 2022. In general, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Brazil represented the major importer of noils of wool or fine animal hair in MERCOSUR, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Ecuador (X tons), Peru (X tons) and Uruguay (X tons), together achieving a X% share of total imports. Argentina (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Peru (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest noils of wool importing markets in MERCOSUR were Ecuador ($X), Brazil ($X) and Peru ($X), together accounting for X% of total imports.

Peru, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, declining by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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