Price for Wool; (Not Carded or Combed), Carbonised in Egypt - 2022

Contents:

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

Price for Wool; (Not Carded or Combed), Carbonised in Egypt (FOB) - 2022

The average export price for wool; (not carded or combed), carbonised stood at $7,839 per ton in 2022, increasing by 6% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wool; (not carded or combed), carbonised increased by +44.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs at $7,880 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +15.6% per year.

Price for Wool; (Not Carded or Combed), Carbonised in Egypt (CIF) - 2022

The average import price for wool; (not carded or combed), carbonised stood at $3,075 per ton in 2022, picking up by 19% against the previous year. Overall, the import price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2013 when the average import price increased by 59% against the previous year. The import price peaked at $9,703 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($3,078 per ton), while the price for China amounted to $2,558 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.

Exports of Wool; (Not Carded or Combed), Carbonised in Egypt

In 2022, the amount of wool; (not carded or combed), carbonised exported from Egypt shrank remarkably to 36 tons, dropping by -47.5% on the previous year's figure. Overall, exports, however, posted a mild expansion. The pace of growth was the most pronounced in 2021 with an increase of 302% against the previous year. As a result, the exports reached the peak of 68 tons, and then fell sharply in the following year.

In value terms, exports of wool; (not carded or combed), carbonised shrank markedly to $280K in 2022. In general, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 446% against the previous year. As a result, the exports attained the peak of $503K, and then fell notably in the following year.

Export of Wool; (Not Carded or Combed), Carbonised in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy10168.326428040.5%
China21.36.445.6N/A46.3%
Germany32.09.765.4N/A43.0%
Mauritius47.4N/AN/AN/A0%
Lithuania10.65.357.0N/A131.9%
Czech RepublicN/AN/A41.8N/A0%
Others6.92.429.6N/A107.1%
Total21992.15032808.5%

Top Export Markets for Wool; (Not Carded or Combed), Carbonised from Egypt in 2022:

  1. Italy (35.7 tons)

Imports of Wool; (Not Carded or Combed), Carbonised in Egypt

In 2022, after three years of growth, there was significant decline in overseas purchases of wool; (not carded or combed), carbonised, when their volume decreased by -6.5% to 8.4 tons. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports attained the peak of 9 tons, and then declined in the following year.

In value terms, imports of wool; (not carded or combed), carbonised rose sharply to $26K in 2022. In general, imports showed a abrupt decline.

Import of Wool; (Not Carded or Combed), Carbonised in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia29.628.123.125.6-4.7%
Italy4.5N/AN/AN/A0%
Others0.20.20.10.1-20.6%
Total34.328.223.225.7-9.2%

Top Suppliers of Wool; (Not Carded or Combed), Carbonised to Egypt in 2022:

  1. Australia (8.3 tons)

Source: IndexBox Market Intelligence Platform

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