Price for Wool, Not Carded or Combed in Argentina - 2023
Contents:
- Price for Wool, Not Carded or Combed in Argentina (FOB) - 2023
- Price for Wool, Not Carded or Combed in Argentina (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Argentina
- Imports of Wool, Not Carded or Combed in Argentina
Price for Wool, Not Carded or Combed in Argentina (FOB) - 2023
In June 2023, the average export price for wool, not carded or combed amounted to $4,539 per ton, which is down by -2% against the previous month. Overall, the export price, however, recorded a modest expansion. The most prominent rate of growth was recorded in September 2022 an increase of 22% month-to-month. As a result, the export price attained the peak level of $5,216 per ton. From October 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to +1.8% per month.
Price for Wool, Not Carded or Combed in Argentina (CIF) - 2022
The average import price for wool, not carded or combed stood at $9,324 per ton in 2022, rising by 4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 36%. Over the period under review, average import prices reached the peak figure at $9,656 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($20,145 per ton), while the price for Chile ($668 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wool, Not Carded or Combed in Argentina
In 2022, the amount of wool, not carded or combed exported from Argentina dropped to 6K tons, which is down by -9.8% against the year before. Over the period under review, exports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 6% against the previous year.
In value terms, wool, not carded or combed exports shrank significantly to $25M in 2022. In general, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year.
| Export of Wool, Not Carded or Combed in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.3 | 8.5 | 14.0 | 20.8 | -8.7% |
| Uruguay | 3.2 | 0.8 | 0.3 | 2.4 | -9.1% |
| India | 0.2 | 0.1 | 0.1 | 0.6 | 44.2% |
| Italy | 0.4 | 1.4 | 0.3 | 0.5 | 7.7% |
| Germany | 0.5 | 0.1 | 0.1 | 0.3 | -15.7% |
| Bulgaria | 3.9 | 1.6 | 2.0 | N/A | -28.4% |
| Egypt | 4.5 | 1.0 | 3.9 | N/A | -6.9% |
| Czech Republic | 6.8 | 1.8 | 0.8 | N/A | -65.7% |
| Brazil | 0.6 | 0.1 | 0.1 | N/A | -59.2% |
| Others | 18.7 | 9.3 | 11.5 | 0.7 | -66.5% |
| Total | 65.9 | 24.8 | 33.0 | 25.5 | -27.1% |
Top Export Markets for Wool, Not Carded or Combed from Argentina in 2022:
- China (4416.6 tons)
- Uruguay (959.2 tons)
- India (286.4 tons)
- Italy (123.9 tons)
- Germany (96.1 tons)
Imports of Wool, Not Carded or Combed in Argentina
After two years of decline, overseas purchases of wool, not carded or combed increased by 10% to 6.9 tons in 2022. In general, imports, however, showed a deep setback.
In value terms, wool, not carded or combed imports surged to $65K in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. As a result, imports attained the peak of $73K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Wool, Not Carded or Combed in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.3 | 23.7 | 19.4 | 24.5 | 10.2% |
| New Zealand | 16.9 | 19.6 | 14.4 | 16.3 | -1.2% |
| Peru | 14.3 | 16.4 | 11.9 | 13.3 | -2.4% |
| Belgium | 2.9 | 3.7 | 3.0 | 3.7 | 8.5% |
| Australia | 4.1 | 4.1 | 2.5 | 3.2 | -7.9% |
| Chile | 2.0 | 1.9 | 1.1 | 1.0 | -20.6% |
| United States | 1.0 | 1.0 | 0.6 | 0.8 | -7.2% |
| Others | 2.9 | 2.8 | 2.9 | 1.7 | -16.3% |
| Total | 62.3 | 73.2 | 55.8 | 64.5 | 1.2% |
Top Suppliers of Wool, Not Carded or Combed to Argentina in 2022:
- Peru (1590.0 kg)
- Chile (1504.0 kg)
- New Zealand (1265.0 kg)
- China (1214.0 kg)
- Belgium (421.0 kg)
- Australia (404.0 kg)
- United States (286.0 kg)
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