Price for Wool, Not Carded or Combed in Chile - 2023
Contents:
- Price for Wool, Not Carded or Combed in Chile (FOB) - 2023
- Price for Wool, Not Carded or Combed in Chile (CIF) - 2022
- Exports of Wool, Not Carded or Combed in Chile
- Imports of Wool, Not Carded or Combed in Chile
Price for Wool, Not Carded or Combed in Chile (FOB) - 2023
In July 2023, the average export price for wool, not carded or combed amounted to $1,989 per ton, growing by 55% against the previous month. Over the period under review, the export price, however, saw a perceptible shrinkage. The growth pace was the most rapid in November 2022 when the average export price increased by 135% month-to-month. The export price peaked at $4,300 per ton in August 2022; however, from September 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Uruguay ($4,189 per ton), while the average price for exports to China ($1,667 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wool, Not Carded or Combed in Chile (CIF) - 2022
In 2022, the average import price for wool, not carded or combed amounted to $4,850 per ton, with an increase of 49% against the previous year. Over the period under review, the import price, however, saw a pronounced slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 764% against the previous year. As a result, import price reached the peak level of $67,000 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($18,650 per ton), while the price for Uruguay totaled $3,443 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+22.3%).
Exports of Wool, Not Carded or Combed in Chile
In 2022, wool, not carded or combed exports from Chile contracted modestly to 4.6K tons, reducing by -4.5% against the year before. In general, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 198%. As a result, the exports reached the peak of 4.9K tons, and then fell modestly in the following year.
In value terms, wool, not carded or combed exports contracted dramatically to $13M in 2022. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 175%. As a result, the exports reached the peak of $15M, and then shrank notably in the following year.
| Export of Wool, Not Carded or Combed in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.5 | 1.5 | 5.4 | 4.3 | -25.7% |
| Uruguay | 3.6 | 1.3 | 1.7 | 3.7 | 0.9% |
| Czech Republic | 0.2 | 2.5 | 5.1 | 3.1 | 149.3% |
| Egypt | 0.4 | N/A | 3.0 | 1.4 | 51.8% |
| Bulgaria | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 14.9 | 5.5 | 15.2 | 12.8 | -4.9% |
Top Export Markets for Wool, Not Carded or Combed from Chile in 2022:
- China (1739.7 tons)
- Czech Republic (1312.0 tons)
- Uruguay (944.5 tons)
- Egypt (552.3 tons)
- Bulgaria (96.2 tons)
Imports of Wool, Not Carded or Combed in Chile
In 2022, wool, not carded or combed imports into Chile soared to 35 tons, jumping by 51% compared with the previous year. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 25,233% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, wool, not carded or combed imports soared to $168K in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 2,718%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Wool, Not Carded or Combed in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | N/A | N/A | 61.0 | 113 | 85.2% |
| Peru | N/A | 0.3 | 1.0 | 16.8 | 648.3% |
| Others | 0.2 | 5.4 | 13.2 | 38.6 | 477.9% |
| Total | 0.2 | 5.7 | 75.2 | 168 | 843.5% |
Top Suppliers of Wool, Not Carded or Combed to Chile in 2022:
- Uruguay (32.8 tons)
- Peru (0.9 tons)
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