Wool; Carded Price in Qatar - 2022

Contents:

1. Wool; Carded Price in Qatar (CIF) - 2022
2. Wool; Carded Imports in Qatar

Wool; Carded Price in Qatar (CIF) - 2022

The average wool; carded import price stood at $15,267 per ton in 2022, which is down by -78.4% against the previous year. In general, the import price showed a sharp descent. Over the period under review, average import prices hit record highs at $70,600 per ton in 2021, and then dropped notably in the following year.

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 the UK ($81,000 per ton), while the price for India ($861 per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7,841.2%).

Wool; Carded Imports in Qatar

In 2022, approx. 101 kg of wool; carded were imported into Qatar; jumping by 573% on the previous year. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wool; carded imports skyrocketed to $1.5K in 2022. Over the period under review, total imports indicated a significant increase from 2021 to 2022: its value increased at an average annual rate of +45.6% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Wool; Carded to Qatar in 2022:

1. India (36.0 kg)
2. Italy (30.0 kg)
3. United Kingdom (5.0 kg)

Source: IndexBox Market Intelligence Platform