Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Uruguay - 2023

Contents:

  1. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Uruguay (CIF) - 2022
  2. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Uruguay (FOB) - 2022
  3. Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Uruguay
  4. Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Uruguay

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Uruguay (CIF) - 2022

The average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $3,000 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the import price, however, showed a mild contraction. The growth pace was the most rapid in 2018 when the average import price increased by 13% against the previous year. As a result, import price attained the peak level of $3,918 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 Australia ($7,136 per ton), while the price for Spain ($1,289 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Uruguay (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $3,779 per ton, shrinking by -28.4% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 21% against the previous year. As a result, the export price reached the peak level of $6,437 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($9,448 per ton), while the average price for exports to India ($2,315 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 (+5.3%), while the prices for the other major destinations experienced a decline.

Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Uruguay

In 2022, the amount of wool; (not carded or combed), greasy (including fleece-washed wool), shorn imported into Uruguay declined markedly to 10K tons, dropping by -16.6% on the previous year's figure. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn dropped to $30M in 2022. Overall, imports faced a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil23.314.316.49.6-25.6%
Chile3.81.11.64.55.8%
Australia2.11.32.73.821.9%
Argentina4.41.62.63.4-8.2%
United Kingdom1.51.71.42.315.3%
Peru19.44.44.82.1-52.3%
Spain1.00.50.71.821.6%
Others3.92.82.32.5-13.8%
Total59.427.732.430.0-20.4%

Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Uruguay in 2022:

  1. Brazil (3.6K tons)
  2. Spain (1.4K tons)
  3. Peru (1.3K tons)
  4. Chile (1.1K tons)
  5. Argentina (1.0K tons)
  6. United Kingdom (0.6K tons)
  7. Australia (0.5K tons)

Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Uruguay

Exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn from Uruguay contracted to 5.9K tons in 2022, dropping by -11.2% against the previous year. Overall, exports, however, continue to indicate notable growth. The most prominent rate of growth was recorded in 2021 with an increase of 120% against the previous year. As a result, the exports attained the peak of 6.6K tons, and then fell in the following year.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn fell markedly to $22M in 2022. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 105%. As a result, the exports attained the peak of $35M, and then declined sharply in the following year.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.29.022.616.7-4.5%
Bulgaria3.32.78.33.1-2.1%
Italy4.62.22.61.7-28.2%
India0.50.40.60.66.3%
Czech Republic1.30.6N/AN/A-53.8%
Others1.22.10.90.1-56.3%
Total30.017.134.922.2-9.5%

Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Uruguay in 2022:

  1. China (4.8K tons)
  2. Bulgaria (0.6K tons)
  3. India (0.3K tons)
  4. Italy (0.2K tons)

Source: IndexBox Market Intelligence Platform

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