Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Portugal - 2023

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Portugal (CIF) - 2022
  2. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Portugal (FOB) - 2022
  3. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Portugal
  4. Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Portugal

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Portugal (CIF) - 2022

The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $6,662 per ton in 2022, surging by 156% against the previous year. Overall, the import price showed a moderate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +44.7% per year.

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Portugal (FOB) - 2022

In 2022, the average export price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) amounted to $4,284 per ton, remaining constant against the previous year. In general, the export price saw a slight decrease. The pace of growth appeared the most rapid in 2020 when the average export price decreased by -19.8%. Over the period under review, the average export prices hit record highs at $5,345 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +8.0% per year.

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Portugal

In 2022, approx. 23 tons of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) were imported into Portugal; falling by -36% compared with the previous year. In general, imports saw a sharp reduction.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) skyrocketed to $151K in 2022. Over the period under review, imports faced a precipitous slump.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay50532879.3150-33.3%
United KingdomN/A80.50.11.0-88.9%
New Zealand189N/AN/AN/A0%
China34.20.5N/AN/A-98.5%
Syrian Arab RepublicN/A37.3N/AN/A0%
India47.4N/AN/AN/A0%
TurkeyN/AN/A12.6N/A0%
OthersN/A13.9N/AN/A0%
Total77646092.1151-42.1%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to Portugal in 2022:

  1. Uruguay (22.5 tons)
  2. United Kingdom (0.2 tons)

Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Portugal

In 2022, overseas shipments of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) decreased by 0% to 2.5 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 183% against the previous year. As a result, the exports attained the peak of 5.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) totaled $11K in 2022. In general, exports posted a notable increase. The most prominent rate of growth was recorded in 2020 with an increase of 127% against the previous year. As a result, the exports reached the peak of $22K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain6.915.7N/A10.816.1%
India1.36.0N/AN/A361.5%
United States1.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total9.621.7N/A10.94.3%

Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) from Portugal in 2022:

  1. Spain (2.5 tons)

Source: IndexBox Market Intelligence Platform

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