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

Contents:

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

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

In 2022, the average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $1,477 per ton, with a decrease of -8.4% against the previous year. In general, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 8.8% against the previous year. Over the period under review, the average export prices attained the maximum at $3,027 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,782 per ton), while the average price for exports to France ($406 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 India (+0.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $719 per ton, falling by -27% against the previous year. In general, the import price saw a deep setback. The pace of growth was the most pronounced in 2016 an increase of 84%. Over the period under review, average import prices reached the peak figure at $2,727 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,290 per ton), while the price for Portugal totaled $622 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-6.1%).

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

Exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn from Spain stood at 9.1K tons in 2022, rising by 2.4% against 2021 figures. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year.

In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn shrank to $13M in 2022. In general, exports, however, saw a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.

Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.28.611.710.0-23.3%
Uruguay0.40.50.91.658.7%
Portugal0.90.70.50.6-12.6%
Belgium1.00.40.20.4-26.3%
Egypt0.60.70.50.2-30.7%
France0.10.20.10.10.0%
United States0.80.10.20.1-50.0%
Others0.40.10.20.40.0%
Total26.411.314.413.5-20.0%

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

  1. China (5.6K tons)
  2. Uruguay (1.4K tons)
  3. Portugal (1.1K tons)
  4. Belgium (0.3K tons)
  5. France (0.2K tons)
  6. Egypt (0.1K tons)
  7. United States (0.1K tons)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of wool; (not carded or combed), greasy (including fleece-washed wool), shorn, when their volume decreased by -35.8% to 936 tons. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year. As a result, imports reached the peak of 1.5K tons, and then declined sharply in the following year.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn reduced dramatically to $673K in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 103%. As a result, imports attained the peak of $1.4M, and then contracted dramatically in the following year.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal511365872496-1.0%
United KingdomN/A46.835217794.5%
New Zealand72.024392.3N/A13.2%
Others83.450.61190.2-86.6%
Total6667061,4356730.3%

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

  1. Portugal (797.0 tons)
  2. United Kingdom (137.0 tons)

Source: IndexBox Market Intelligence Platform

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