Price for Wool; (Not Carded or Combed), Carbonised in New Zealand - 2023
Contents:
- Price for Wool; (Not Carded or Combed), Carbonised in New Zealand (FOB) - 2023
- Price for Wool; (Not Carded or Combed), Carbonised in New Zealand (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Carbonised in New Zealand
- Imports of Wool; (Not Carded or Combed), Carbonised in New Zealand
Price for Wool; (Not Carded or Combed), Carbonised in New Zealand (FOB) - 2023
In December 2023, the average export price for wool; (not carded or combed), carbonised amounted to $9,886 per ton, approximately mirroring the previous month. Overall, the export price showed a relatively flat trend pattern. The export price peaked in December 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2023 to December 2023, the rate of growth in terms of prices for the United States amounted to +0.3% per month.
Price for Wool; (Not Carded or Combed), Carbonised in New Zealand (CIF) - 2022
In 2022, the average import price for wool; (not carded or combed), carbonised amounted to $3,374 per ton, waning by -16.1% against the previous year. Over the period under review, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 14% against the previous year. Over the period under review, average import prices hit record highs at $6,816 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -6.8% per year.
Exports of Wool; (Not Carded or Combed), Carbonised in New Zealand
In 2022, the amount of wool; (not carded or combed), carbonised exported from New Zealand expanded notably to 26 tons, growing by 7.9% on the year before. In general, exports, however, faced a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 23%. As a result, the exports attained the peak of 56 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of wool; (not carded or combed), carbonised soared to $269K in 2022. Overall, exports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 20%. As a result, the exports reached the peak of $549K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Wool; (Not Carded or Combed), Carbonised in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 447 | 549 | 230 | 269 | -15.6% |
| Others | 9.3 | 0.1 | 1.7 | N/A | -57.2% |
| Total | 457 | 549 | 232 | 269 | -16.2% |
Top Export Markets for Wool; (Not Carded or Combed), Carbonised from New Zealand in 2022:
- United States (25.8 tons)
Imports of Wool; (Not Carded or Combed), Carbonised in New Zealand
In 2022, purchases abroad of wool; (not carded or combed), carbonised decreased by -50.9% to 52 tons, falling for the second year in a row after two years of growth. Overall, imports faced a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of 130 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of wool; (not carded or combed), carbonised reduced markedly to $175K in 2022. In general, imports faced a dramatic decline. The smallest decline of -5.2% was in 2020.
| Import of Wool; (Not Carded or Combed), Carbonised in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 544 | 433 | 424 | 175 | -31.5% |
| China | N/A | 82.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 544 | 516 | 424 | 175 | -31.5% |
Top Suppliers of Wool; (Not Carded or Combed), Carbonised to New Zealand in 2022:
- Australia (51.7 tons)
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