Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Portugal - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Portugal (FOB) - 2022
- Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Portugal (CIF) - 2023
- Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Portugal
- Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Portugal
Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Portugal (FOB) - 2022
The average export price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $865 per ton in 2022, with a decrease of -23% against the previous year. Overall, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by 25%. As a result, the export price reached the peak level of $2,551 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($899 per ton), while the average price for exports to France ($770 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 the Netherlands (-2.5%), 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 Portugal (CIF) - 2023
In November 2023, the average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn amounted to $766 per ton, jumping by 34% against the previous month. Overall, import price indicated pronounced growth from November 2022 to November 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn increased by +34.0% against October 2023 indices. The pace of growth was the most pronounced in July 2023 when the average import price increased by 135% against the previous month. As a result, import price reached the peak level of $1,218 per ton. From August 2023 to November 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($796 per ton), while the price for Spain amounted to $763 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.0%).
Exports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Portugal
In 2022, approx. 1.8K tons of wool; (not carded or combed), greasy (including fleece-washed wool), shorn were exported from Portugal; dropping by -10% on 2021. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 91% against the previous year. As a result, the exports reached the peak of 2K tons, and then declined in the following year.
In value terms, exports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn dropped rapidly to $1.6M in 2022. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 90% against the previous year.
| Export of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 711 | 504 | 1,891 | 1,004 | 12.2% |
| Belgium | 1,148 | 489 | 307 | 487 | -24.9% |
| France | 10.2 | 9.3 | N/A | 21.5 | 28.2% |
| United Kingdom | 416 | 177 | N/A | N/A | -57.5% |
| Others | 48.6 | N/A | 40.3 | 38.6 | -7.4% |
| Total | 2,334 | 1,180 | 2,238 | 1,552 | -12.7% |
Top Export Markets for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn from Portugal in 2022:
- Spain (1117.9 tons)
- Belgium (626.8 tons)
- France (27.9 tons)
Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Portugal
In 2022, the amount of wool; (not carded or combed), greasy (including fleece-washed wool), shorn imported into Portugal expanded slightly to 2.2K tons, with an increase of 4.4% compared with the previous year. In general, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 17%.
In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn shrank modestly to $1.5M in 2022. Overall, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 11%.
| Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,850 | 1,327 | 1,421 | 1,345 | -10.1% |
| Belgium | 60.7 | 69.2 | 141 | 122 | 26.2% |
| Others | 22.2 | 8.7 | 2.3 | 52.4 | 33.1% |
| Total | 1,933 | 1,405 | 1,564 | 1,519 | -7.7% |
Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Portugal in 2022:
- Spain (2077.2 tons)
- Belgium (99.0 tons)
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